Sunday Standard
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Mmegi
Pension funds shed P3.7bn in tough 2018
The country’s pension funds emerged bruised from a difficult 2018, with their collective assets declining by P3.7 billion, mainly due to the weak performance of offshore asset classes.
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Mmegi
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Mmegi
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Mmegi
Harvard dealmakers ‘seize power’ in Wilderness deal
Mike and Nick Stone, two Harvard trained asset managers with track records involving billions of US dollars in private equity deals, will occupy the centre of power in Wilderness Holdings once shareholders approve the multi-million Pula buy-out offer unveiled this week.
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Mmegi
Wilderness to exit BSE via P1bn deal
Wilderness Holdings plans to exit the Botswana Stock Exchange (BSE) via a P943 million sale of its shares to a US-based private investment firm led by current Wilderness CEO, Keith Vincent.
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Mmegi
Intrigues build in Mascom takeover
The Botswana Public Officers Pension Fund (BPOPF) finds itself in a bind over MTN’s plan to sell its 53% stake in Mascom, as the pension fund can only take up P500 million more equity in the telecomms group, according to its investment rules.
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