Monakwe faction reopens BOPEU bank account


Justice Zein Kebonang has given the Botswana Public Employees Union's (BOPEU) Olefile Monakwe faction a favourable interim ruling to reopen the union's bank account at Standard Chartered Bank.

Kebonang's ruling yesterday late afternoon granted the faction power to reopen the account following the recent High Court victory that restored the deposed Masego Mogwera as president of BOPEU, leading to the bank closing the account.

Upon returning to her office, Mogwera had instantly sought the bank to change signatories as well as successfully effect changes at the Registrar of Trade Unions.

However, when the Monakwe faction also wrote to the bank claiming to still be in office, the bank decided to suspend the account until the issue of BOPEU's signatories is resolved.

It would, however, appear that yesterday's interim order may not see the light of day yet, as early this morning Mogwera appeared before the same judge to challenge the award on the account that she as BOPEU president and an interested party was not cited in the yesterday's case. 

The wrangling over the bank account has resulted in workers and services at BOPEU not getting paid. Meanwhile, the account remains suspended. (Updates to follow on this developing story)

Editor's Comment
Seamless Business Environment Needed Post-COVID

The country was also classified as the least corrupt in the world with strong anti-graft checks and balances. With these assurances, investors were guaranteed safety on their investments and returns. That is no longer the case. Several countries like Namibia, South Africa and Mauritius have done well over the years and overtaken Botswana as attractive places to do business.Therefore, when countries that Botswana is competing with for a piece of...

Have a Story? Send Us a tip
arrow up