BOSETU funeral scheme invests P1.8m in property

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PALAPYE: The Botswana Sector of Educators Trade Union (BOSETU) Funeral Scheme (BOFUS) has invested P1.8 million in property as a way of diversifying investments to reduce overreliance on subscriptions.

Speaking at the BOFUS Annual General Meeting held at Majestic Hotel on Saturday, treasurer Samuel Aboneng revealed that the funeral wing has secured a lucrative investment in a prime location in Palapye.  This property is currently attracting monthly rentals of around P22,000 per month, the treasurer revealed.

“However, it is what the scheme can do with the property in the long-term which is of essence.

Editor's Comment
UDC's 100 Days: Please deliver your promises!

We duly congratulate them to have ousted the long ruling Botswana Democratic Party (BDP) from power. Prior to taking power from the BDP, the coalition had made several election promises that are credited for influencing change and swaying the people to vote in its favour.The party had made an undertaking, which its leader and President Duma Boko consistently bellowed in his campaign trail. These undertakings were promises that Batswana would be...

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