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
Implement the recommendations Mr. President

The nation is eagerly awaiting this report to have a glimpse of what the recommendations are like, possibly for further debate. Mr. President, it’s our ardent hope that true to your promises, the public will have an opportunity to peruse the report and see if it reflects their interests as the Commission went around the length and breadth of the country collecting views of the people with some choosing to write to the Commission’s...

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