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
Molepolole unrest: Urgent attention on missing person cases

From Jakoba's mysterious disappearance on November 9 to the grim discovery of his remains at Mosinki Lands, a gap in the response mechanisms of the police and village leadership has been laid bare. The community's anger is evident, seen in the attack on Bakang Masole, the man found driving Jakoba's taxi and the main suspect, and the subsequent riot. Residents express discontent, citing a troubling trend of missing persons cases often...

Have a Story? Send Us a tip
arrow up