The Botswana Non-Bank Financial Institutions Regulatory Authority (NBFIRA) participated in the Botswana Pension Society Conference 2026, held from 12–13 March 2026, where it presented an update on regulatory developments and compliance expectations for the retirement funds sector. A presentation delivered by Emmanuel Pati, Senior Analyst in NBFIRA’s Retirement Funds Department, highlighted the Retirement Funds Regulations (2025) and the Retirement Funds Administrative Rules (2024), positioning them as measures to strengthen governance, enhance transparency, and improve member protection. The update also referenced recent circulars aimed at improving compliance, including minimum competency standards for retirement fund board members, improved processes for the disposition of lump-sum benefits on the death of a member, and measures to ensure timely remittance of pension contributions. NBFIRA also shared sector metrics, stating that as at December 2025 retirement funds’ assets under management stood at BWP 167.2 billion, with 45.3 percent invested locally.
Botswana Non-Bank Financial Institutions Regulatory Authority 2026-03-13
Botswana Non-Bank Financial Institutions Regulatory Authority presents retirement funds regulatory and compliance updates at Botswana Pension Society Conference
The Botswana Non-Bank Financial Institutions Regulatory Authority presented at the Botswana Pension Society Conference 2026, focusing on regulatory updates for the retirement funds sector. Highlights included the Retirement Funds Regulations (2025) and Administrative Rules (2024) aimed at enhancing governance and transparency. NBFIRA reported retirement funds’ assets under management reached BWP 167.2 billion by December 2025, with 45.3% invested locally.