How BOPEU is losing millions

BOPEU headquraters at the new Central Business District
BOPEU headquraters at the new Central Business District

The minutes of Babereki Investments board meeting has revealed that for the past 11 months the company has been making losses of close to P3.8 million.

This is the period before and after the current suspended executive chairperson of the company Andrew Motsamai was employed. Motsamai assumed the position on February 2017. He was given 10 days leave of absence on Wednesday. This follows talks of rampant abuse of resources and poor business decision at the Babereki Investments, a commercial arm of Botswana Public Employees Union (BOPEU).

It is alleged that over millions of pula went down the drain via multi-million investments at Future Sustain International (FSI) and Fly Mission Services (FMS). It is alleged that he funded the Umbrella for Democratic Change (UDC) with undisclosed amount, an allegation that he denies vigorously.

Editor's Comment
Congratulations Anicia Gaothuse!

The contest had 10 beautiful young girls as finalists and unfortunately only one could wear the crown.The judges picked Anicia Gaothuse. To all those who feel their contestant should have won ahead of Anicia for whatever reason, hardly; the judges found Anicia to be the best among the best, so desist from disrespecting our newly crowned queen on social media or anywhere else, for that matter! Each of the 10 beautiful young women had supporters...

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