NBFIRA Clears BOFUS To Renew Annual License

Monday, March 15, 2021

The Non-Bank Financial Institutions Regulatory Authority (NBFIRA) has cleared the Botswana Sectors of Educators Trade Union (BOSETU)-owned BOFUS Insurance Brokers, after announcing a fortnight ago the cancellation of the licence to trade.

The latest decision announced on March 10, now paves the way for the insurance broking firm to renew its annual practicing licence and continue normal trading after the renewal.

BOFUS Insurance Brokers filed a successful appeal with NBFIRA following the February 24 announcement of the cancellation of their licence. The decision would have effectively thrown tens of thousands of BOFUS members in limbo.

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NBFIRA Clears BOFUS To Renew Annual License

The Non-Bank Financial Institutions Regulatory Authority (NBFIRA) has cleared the Botswana Sectors of Educators Trade Union (BOSETU)-owned BOFUS Insurance Brokers, after announcing a fortnight ago the cancellation of the licence to trade.

Rollers, Orapa brace for two-part sequel

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Civil Society calls for Constitution review governing Act

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