Hollard partners BOPEUís investment subsidiary

Tselayakgosi (left) with Motsamai at the joint venture signing ceremony
Tselayakgosi (left) with Motsamai at the joint venture signing ceremony

Hollard Botswana and Babereki Investments, the Financial Services arm of Botswana’s largest trade union, Botswana Public Employees Union (BOPEU) have signed a joint venture agreement.

The agreement, which has a term of five years, will see Hollard Botswana become the preferred provider of insurance products to the union.  The union has more than 27 000 members but through its affiliated unions has a membership of over 100 000.

In terms of the agreement, Babereki, which is responsible for providing BOPEU members with access to insurance and insurance-related products, will assist the joint venture in marketing to these members. The agreement involves both Hollard Life Botswana and Hollard Insurance Botswana, meaning that members will have access to both life and short-term insurance products.

Editor's Comment
Keep your mask close

Wearing of masks behind closed doors has been mandatory following the government’s August decision that the public was freed from masking in outdoor spaces.According to a press statement from the ministry, all other remaining COVID-19 protocols such as social distancing in schools and requirements for vaccination or PCR tests at ports of entry have also been relaxed.Statistics still show that hundreds still die daily due to the pandemic around...

Have a Story? Send Us a tip
arrow up