In line with Section 57 of the Non-Bank Financial Institutions Regulatory Authority (NBFIRA) Act, the High Court confirmed the statutory management of Bluthorn Fund Managers (Pty) Ltd (Bluthorn) on April 03, 2020. A comprehensive report with recommendations was submitted to NBFIRA by the Statutory...
Latest News
Botswana: The Non-Bank Financial Institutions Regulatory Authority (NBFIRA) informs stakeholders that it has acted on the Statutory Manager’s recommendations and filed an application at the High Court seeking an order to liquidate Bluthorn Fund Managers (Pty) Ltd (BFM). BFM was licensed by the...
The Financial Stability Council (FSC) met on August 25, 2020 to deliberate on recent developments in the financial sector, as well as to address regulatory and public interest issues relating to the stability, performance and prospects for the domestic financial sector. Overall, notwithstanding the...
To: All Non-Bank Financial Institutions The Authority informs regulated entities that its normal business operations will be disrupted due to maintenance work to be carried out on the office building on the 11 th September 2020 from 3.30pm-5pm. Regulated entities are advised that the Authority...
Reference is made to the Statutory Instruments No. 48 and 49 which were published on the Government Gazette dated 27 March 2020. The Non-Bank Financial Institutions Regulatory Authority (NBFIRA) has, with the approval of the Ministry of Finance and Economic Development (MFED), amended the...
The Non-Bank Financial Institutions Regulatory Authority (“NBFIRA”) would like to inform members of the public that it has taken a decision to temporarily close Huraya Holdings (Pty) Ltd T/A Apex Insurance Brokers (“Apex”). Please note that the effect of the cancellation is that Apex is no longer...
The Non-Bank Financial Institutions Regulatory Authority ( NBFIRA ) wishes to invite service providers to submit proposals for the below listed tender: Tender No: Nbfira 008/2021 Tender For: The Provision Of Hosting, Backup And Disaster Recovery Services To The Non-Bank Financial Institutions...
The Board of the Regulatory Authority is hereby pleased to announce the appointment of Mr. Oduetse Andrew Motshidisi as the Chief Executive Officer. Mr. Motshidisi will be taking over from Mr. Sriram Gade who has been the Acting Chief Executive Officer. Mr. Gade will continue as Deputy Chief...
The Non-Bank Financial Institutions Regulatory Authority Act 2006 established the Non-Bank Financial Institutions Regulatory Authority (NBFIRA), to regulate and enforce compliance within the Non-Bank Financial Institutions sector in order to safeguard the stability, fairness and efficiency of the...
1. In light of the lockdown of the Greater Gaborone Zone from 30 th July – 13 th August 2020 due to increased Covid-19 risks, the Authority informs the public that its office will be observing the lockdown measures as communicated by the Government. 2. The Authority will therefore be operating with...
