BOSETU funeral scheme invests P1.8m in property

No Image

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
Respect public institutions Mr Pres

Leaders must uphold the rule of law and ensure justice, but Masisi’s remarks raise serious concerns on the separation of powers and the independence of the justice system.Masisi’s claim that he personally instructed authorities not to handcuff Khama, regardless of the legal circumstances, undermines the principles of justice and equality before the law.As Head of State, Masisi should respect the judicial process and avoid interfering in...

Have a Story? Send Us a tip
arrow up