NBFIRA pursues CMB affiliate over P164m
The Non-Bank Financial Institutions Regulatory Authority (NBFIRA) is going after P164 million in property and other assets it alleges are illegally housed in a Capital Management Botswana (CMB) associate.
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Fresh bid to haul CMB bosses before creditors
A new liquidator for Capital Management Botswana (CMB) plans to haul the troubled firm’s directors before creditors in July, to account for the plus-P500 million in pensioner funds that went missing under their supervision.
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CMB clears the air
Attempted murder, character assassination, defamation, fraud, negligence, and cover up after cover up after cover up – this is the truth behind the moves to shutter and board Capital Management Botswana (CMB), all to prevent the exposure of wholesale negligence of some of Botswan...
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The Voice
CMB scandals emerge as witnesses give evidence
Embattled private equity company, Capital Management Botswana (CMB)’s shoddy dealings have come to the fore this week during the creditors meeting. This week, various witnesses took a stand to give their evidence before the Master of the High Court during the creditors meeting of...
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The Voice
I didn’t steal any money- Masisi
President Mokgweetsi Masisi has parried away any allegations linking him to the looting of public funds, following revelations by former Cabinet Minister, Sadique Kebonang in court yesterday. When giving testimony in court, Kebonang accused Masisi of receiving money from the emba...
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CMB bosses face investor firing squad
The two directors of mothballed asset management firm, Capital Management Botswana (CMB), are due to spend three days next month facing questions from creditors who are tracing more than P500 million that went missing under the firm’s management.
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Sunday Standard
Bona Life gets back to life
Botswana’s indigenous life insurance company – Bona Life will soon re-open its doors for business, Sunday Standard can confirm.
Bona Life – which is led by Regina Vaka shut its doors in July 2018 owing to an impasse between its shareholders that led to the comp...
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