{"id":31727,"date":"2023-08-02T15:33:03","date_gmt":"2023-08-02T15:33:03","guid":{"rendered":"https:\/\/www.africa-press.net\/botswana\/?p=31727"},"modified":"2023-08-02T15:33:58","modified_gmt":"2023-08-02T15:33:58","slug":"macholo-takes-over-as-bpopf-chairperson","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/botswana\/all-news\/macholo-takes-over-as-bpopf-chairperson","title":{"rendered":"Macholo takes over as BPOPF chairperson"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Botswana. <\/strong><\/span><b>Exceptional and capable leadership of Ms Gaone Macholo will help grow and preserve the Botswana Public Officers Pension Fund\u2019s financial standing, the outgoing board chairperson Solomon Mantswe said.<\/b><\/p>\n<p>He said he was leaving the fund in good hands.<\/p>\n<p>Announcing his departure during a media briefing on July 31, he said he was passing the baton to the new chairperson Ms Macholo.<\/p>\n<p>\u201cThis day marks the end of my journey as a member BPOPF board and effectively as its chairperson,\u201d he said.<\/p>\n<p>Reflecting on remarkable financial growth during his tenure, Mantswe said the fund\u2019s worth increased from P40 billion from August 2013 to P98 billion in July this year.<\/p>\n<p>He said the growth propels the fund to be considered among the level of the top 25 per cent of all institutional investor category.<\/p>\n<p>Mr Mantswe highlighted that under his tenure several strategic initiatives were undertaken by fund, which included implementation of a private equity incubation programme with a deliberate focus on Botswana investments, mentioning property incubation, which he stated was exclusively for Botswana investments.<\/p>\n<p>Giving the 2022\/2023 year-end financial brief, BPOPF chief executive officer Mr Moemedi Malindah, stated that the P4.6 billion total growth, offshore equities contributed P2.7 billion.<\/p>\n<p>\u201cFrom April 2022 to December 2022 active portfolio was under-performing (on Red) and we witnessed a turnaround in January, February and March 2023,\u201dhe added.<\/p>\n<p>Incoming chairperson, Ms Macholo, expressed gratitude to the outgoing leadership for their commendable work. She thanked the media for their unwavering support and continuous efforts in educating the nation about BPOPF.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/botswana\">Botswana<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Botswana. Exceptional and capable leadership of Ms Gaone Macholo will help grow and preserve the Botswana Public Officers Pension Fund\u2019s financial standing, the outgoing board chairperson Solomon Mantswe said. He said he was leaving the fund in good hands. Announcing his departure during a media briefing on July 31, he said he was [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":31726,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,12],"tags":[233,237,234],"class_list":["post-31727","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-policy","tag-africa-press","tag-africa-press-botswana","tag-botswana"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Macholo takes over as BPOPF chairperson - Botswana<\/title>\n<meta name=\"description\" content=\"Exceptional and capable leadership of Ms Gaone Macholo will help grow and preserve the Botswana Public Officers Pensi ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/botswana\/all-news\/macholo-takes-over-as-bpopf-chairperson\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Macholo takes over as BPOPF chairperson\" \/>\n<meta property=\"og:description\" content=\"Exceptional and capable leadership of Ms Gaone Macholo will help grow and preserve the Botswana Public Officers Pensi ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/botswana\/all-news\/macholo-takes-over-as-bpopf-chairperson\" \/>\n<meta property=\"og:site_name\" content=\"Botswana\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-02T15:33:03+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-08-02T15:33:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2023\/08\/sm_1690973360.559807.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1170\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/macholo-takes-over-as-bpopf-chairperson#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/macholo-takes-over-as-bpopf-chairperson\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Macholo takes over as BPOPF chairperson\",\"datePublished\":\"2023-08-02T15:33:03+00:00\",\"dateModified\":\"2023-08-02T15:33:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/macholo-takes-over-as-bpopf-chairperson\"},\"wordCount\":267,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/macholo-takes-over-as-bpopf-chairperson#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2023\/08\/sm_1690973360.559807.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Botswana\",\"Botswana\"],\"articleSection\":[\"all news\",\"policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/botswana\/all-news\/macholo-takes-over-as-bpopf-chairperson#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/macholo-takes-over-as-bpopf-chairperson\",\"url\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/macholo-takes-over-as-bpopf-chairperson\",\"name\":\"Macholo takes over as BPOPF chairperson - 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