BTU faces P28 million lawsuit

Friday, July 29, 2016

BTU leadership has rubbished the lawsuit

The Botswana Teachers Union (BTU) will go into the weekend with a dark cloud over their heads after Bophose (PTY) Ltd summoned the Union and its investment company, More Power Investments (PTY) Ltd, to the High Court over what it calls a breach of contract.

The two companies entered into an agreement last year for Bophose to provide financial services for BTU members; identify insurance opportunities for BTU members as well as for the Union.

Bophose (PTY) Ltd has cited More Power (PTY) Ltd and BTU as first and second respondents respectively and is demanding a total of P28 million in damages arising from a breach of contract.

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BTU faces P28 million lawsuit

The Botswana Teachers Union (BTU) will go into the weekend with a dark cloud over their heads after Bophose (PTY) Ltd summoned the Union and its investment company, More Power Investments (PTY) Ltd, to the High Court over what it calls a breach of contract.

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