Partnership Opportunities With RSSB

RSSB’s Investment Objectives

  • To achieve short and long term returns on the board’s investment portfolio sufficient to meet the funding objective.
  • To optimize returns within the defined risk parameters in a prudent and cost efficient manner while ensuring legal and regulatory compliance is net.

Funding objective

  • At any point in time all accrued benefits of the Board are fully funded by the actuarial value of the Board’s assets given normal market conditions.

Types of potential roles

  • Support financial systems aimed at development of yield curve
  • Support the growth of capital markets through possible direct and indirect involvement
  • Support banking industry with long term funding

Industry exposures

  • Agriculture
  • communication
  • Banking
  • Insurance
  • Construction
  • ICT
  • Infrastructure
  • Health

What we look for in investments!

  • Investment value of USD 1 Million and above from a proposed partner
  • Competitive Real rates of return
  • Preservation of capital
  • Expected returns commiserate with risk level
  • Strong Sponsors who also take risks alongside RSSB
  • RSSB to take minority position
  • Strong management team
  • Realistic Business and Strategic Plan
  • Realistic Assumptions
  • Good Corporate Governance
  • Access to management accounts on regular basis
  • Access to statutory accounts
  • Planned exit strategy

Partnerships with RSSB in Health ventures

  • Pharmaceutical services
  • Paramedic services (optics and physiotherapy)
  • Laboratory
  • Clinical services
  • Workshops making orthopedic appliances

Procedure in partnering with RSSB in Health Ventures

  • Document with specific requirements as regarding each venture i.e. pharmaceutical, clinical and laboratory services is acquired from RSSB Head Offices and referred to in preparations for partnership
  • An application letter is written alongside a detailed proposal and addressed to the Director General
  • The Contracts Commission analyses the application and proposal
  • A site visit of the facility (Laboratory, clinic and pharmacy) is scheduled and conducted immediately
  • It is after the visit that a partnership venture is approved on the basis of quality services and best facilities in accommodating or delivering quality services to RSSB beneficiaries
  • The last step is entering into an agreement with a more capable and efficient  partner