News

As part of the Authority’s stakeholder outreach initiatives, Mrs. Matlakala Raphaka, Director of Insurance participated as the guest speaker at the Botswana Accountancy College (‘BAC’) public lecture held on April 18, 2024. Mrs Raphaka’s presentation entitled "Insurance Regulation in Botswana" ,...
The Non-Bank Financial Institutions Regulatory Authority (NBFIRA) would like to inform members of the public that it has cancelled Acute Asset Management (Pty) Ltd (Acute)’s licence to operate as an Asset Manager. The effect of this cancellation is that Acute is prohibited from offering asset...
The Non-Bank Financial Institutions Regulatory Authority (“NBFIRA”) acting in terms of Section 46 (4) (a) of the Insurance Industry Act, 2015 (“the Act”), appointed Mr. Paul Masie as Statutory Manager of Westlife Insurance Botswana (Pty) Ltd on the 1 March 2023. The Statutory Manager hereby invites...
Ten year NBFI sector review; NBFI sector profits grew by more than 100 percent to P1.2 billion; Sector assets recorded an upward trend of 32.8 percent to P161 billion. The Non-Bank Financial Institutions Regulatory Authority (NBFIRA) has published the 2023 Statistical Bulletin. The report provides...
As part of stakeholder engagement and consumer protection, the Non-Bank Financial Institutions Regulatory Authority (NBFIRA) held a public outreach initiative at The Fields Mall in Gaborone on March 19, 2024. The purpose of the outreach was to promote consumer protection and financial education,...
The Authority in pursuit of strengthening collaboration with key stakeholders participated at the Botswana Pension Society Annual Conference which was held under the theme “Bridging the Pension Gap: Solutions for Ensuring Adequate Retirement Savings for All’. The conference, which was held on the 8...
In accordance with the provisions of section 8 (5) of the Insurance Industry Act, 2015 a notice is hereby given that the following company has been licensed as a General Insurer: Legal Expense Insurance Company (Pty) Ltd T/a Leza Legal Wise Botswana Dated at Gaborone on this 26 th day of January...
In accordance with the provisions of section 8 (5) of the Insurance Industry Act, 2015 a notice is hereby given that the following company has been licensed as a General Insurer: Active Drive Capital (Pty) Ltd Dated at Gaborone on this 26 th day of January 2024. Oduetse A. Motshidisi CHIEF...
In accordance with the provisions of section 8 (5) of the Insurance Industry Act, 2015 a notice is hereby given that the following company has been licensed as a Long-Term Insurer: Exclusive Life Insurance (Pty) Ltd Dated at Gaborone on this 26th day of January 2024. Oduetse A. Motshidisi CHIEF...

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