Page 5 - Fund Structures News Today

editors@thepatriot.co.bw Ketlhalefile Motshegwa is having the last laugh against Botswana Public Officers Pension Fund (BPOPF) Chairman, Solomon Mantswe after court ordered his reinstatement as a Trustee representing Botswana Landboards, Local Authorities and Health Workers Union (BLLAHWU). Motshegwa and his trade union, BLLAHWU where he is the Secretary General sued BPOPF after Mantswe ochestrated a spirited fight to have him expelled from the Board because he had stood as a candidate contesti...

Unified Funds Tax Exemption Ordinance") and sets outs intended IRD practice in administering the Unified Funds Tax Exemption which came into effect on April 1, 2019. The Unified Funds Tax Exemption The Unified Funds Tax Exemption seeks to exempt hedge funds, including OFCs and LPFs, from Hong Kong profits tax. This exemption may apply regardless of the fund structure, location of the funds central management and control, fund size or fund purpose provided that prescribed conditions are satisfie...