About the Fund

The Bosele National Provident Fund is a multi-employer provident fund established to safeguard the savings and benefits of its members and their beneficiaries. The Fund is the official successor to the former Bophuthatswana National Provident Fund, which was originally administered under the Sefalana Employee Benefits Organisation (SEBO).

Following the constitutional transition after 1994, the assets and liabilities of the former Fund were transferred to the newly formed Bosele National Provident Fund – a legally recognised and regulated entity under South African law and is accountable to the Financial Sector Conduct Authority (FSCA).

The Fund is administered by Alexforbes, one of South Africa’s leading employee benefits administrators, ensuring that all member records, benefits and claims are managed professionally and in accordance with the Fund’s rules and regulatory requirements. In February 2018, the FSCA placed the Fund under curatorship to protect members’ interests and ensure sound governance. The appointed Curators oversee all operations of the Fund as part of a corrective and stabilisation process.

This curatorship ensures that:

Our Purpose

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