Connect with us

Hi, what are you looking for?

Business

Big changes at NBFI

Big changes at NBFI
BRIEFING THE MEDIA: Masalela

Worth a monstrous P153 billion, ensuring the safety and sustainability of the Non-Bank Financial Institutions (NBFI) sector is now more important than ever before.

The huge figure represents an incredible increase of P24 billion in just a year, with the sector valued at P129 billion in 2021.

Briefing the press on some of the recent changes affecting NBFI, Director Insurance & Pension at Ministry of Finance, Patrinah Masalela mentioned the new Retirement Funds Act of 2022 and the Non-Bank Financial Institutions Tribunal, which both came into effect last month, as two huge milestones.
...

SIGN UP and Login to read full story. Thank you.

Click to comment




You May Also Like

Business

Instacabin fills gap in the accommodation market Are you trying to solve accommodation needs with a limited budget? Worry not! Edingley PTY LTd, trading...

Business

..as they unveil 'Road to 2026' strategy Back in July 2019, Pule Funeral Group were on the verge of going out of business. Now,...

Latest News

Meet the man behind the Crackit empire At the age of 18, Moemedi Senwelo dropped out of University of Botswana (UB) where he was...

Business

Retirement funds dominate the industry The Non-Bank Financial Institutions (NBFI) sector - i.e. organisations that do not have a full banking licence and cannot...

Latest News

Companies listed on the Botswana Stock Exchange (BSE) Limited continue to make grand recoveries after the Covid-19 scare. Lucara Diamond Corporation through their financial...

Business

Taking stock of the BSE In a closely fought shootout for top spot, Chobe Holdings narrowly edged out Sefalana as the most traded company...

Advertisement

Copyright © TheVoiceBW. (Since1993) made with ❤️ in Botswana.