Last Updated
Friday 28 November 2014, 17:55 pm.
Khama rules out salary increase

NATALE: President Ian Khama has said there will be no salary increment even if the public sector workers engage in a national strike scheduled to start today.
By Staff Writer Sat 29 Nov 2014, 10:16 am (GMT +2)
Mmegi Online :: Khama rules out salary increase








Khama's statement is contrary to the government position in the stalled talks with unions where Department of Public Service Management (DPSM) has tabled two offers of pay hikes. The President said during his tour of Tonota North constituency villages on Thursday that the public sector is seeking increments at a financially difficult time for the government. He wondered why the Botswana Federation of Public Sector Unions (BOFEPUSU) is attacking the government.

"This surprises me because the government has made it clear that there is no money," he said. He faulted civil servants for seeking higher pay yet they work in government and know the financial position of the state. He said
"Botswana is currently experiencing a budget deficit of over P7 billion and the government is struggling to get the P12 billion needed annually to pay civil servants. He said the strike is going to cripple the economy of Botswana and will not be easy to recover from the effects. He stated that the economy is still recovering from recession and the strike will make matters worse. "Major development projects were halted due to lack of funds. Unemployed people depend on the government poverty eradication schemes like the Ipelegeng, youth grants and the old age pension. If we give workers 16 percent increment, should we stop supporting the poor and the old?" Khama asked. He said the government should be recommended for making sure that civil servants were not retrenched during the economic meltdown. He said the public servants are ungrateful and  now want to engage in strikes as a 'thank you' to the government.

"The government made pension schemes for public servants. It contributes 15 percent whilst public servants pay 5 percent. The government pays 50 percent of their medical aid. There are also salary advances to keep them from loan sharks, plus we give them loans. These are the benefits they are ungrateful for," Khama lamented.

He said that unlike Botswana, Britain is currently in plans to retrench at least 300,000 to 450,000 workers because it cannot pay them. "Retrenchment has not been our option. Public servants should rethink. If the living expenses are costly for the employed, then how would they be for the unemployed?" he wondered.

The President pleaded with the public servants to call off the strike because the industrial action will not avail the money for the increment. He explained that the government wishes to increase salaries but there is no money. He said that the strike will cripple the economy for years and government will be compelled to retrench the public servants, thus increasing the statistics of unemployment in Botswana.



Exchange Rates
FOREIGN EXCHANGE: Friday, 28 Nov 2014
FOREIGN / PULA
PULA / FOREIGN
1 USD = Pula   9.2081
1 GBP = Pula   14.4718
1 EUR = Pula   11.4679
1 YEN = Pula   0.0779
1 ZAR = Pula   0.8364
1 Pula = USD   0.1086
1 Pula = GBP   0.0691
1 Pula = EUR   0.0872
1 Pula = YEN   12.83
1 Pula = ZAR   1.1956
Banner Image
Stock Exchange
STOCK EXCHANGE: Friday, 28 Nov 2014
DOMESTIC STOCKS
ABCH
714
BARCLAYS
341
BIHL
1150
CHOBE
425
CHOPPIES
407
CRESTA
89
ENGEN
975
FNBB
360
FSG
236
FURNMART
220
G4S
375
LETLOLE
215
LETSHEGO
268
NAP
217
OLYMPIA
20
PRIMETIME
260
RDCP
202
SECHABA
2805
SEFALANA
921
STANCHART
1260
TURNSTAR
201
WIL
310
IMARA
210
  • Previous
    Horrible Bosses 2 Poster
    Next
    Masa Centre
    ::: Friday 28 Nov - Thursday 04 Dec :::
    Horrible Bosses 2
    No Good Deed
    The Boxtrolls
    The Hunger Games: Mockingjay - Part 1
    Alexander and the Terrible, Horrible, No Good, Very Bad Day
  • Previous
    The Boxtrolls Poster
    Next
    Riverwalk
    ::: Friday 28 Nov - Thursday 04 Dec :::
    The Boxtrolls
    Horrible Bosses 2
    No Good Deed
    The Hunger Games: Mockingjay - Part 1
  • Previous
    No Good Deed Poster
    Next
    Gamecity
    ::: Friday 28 Nov - Thursday 04 Dec :::
    No Good Deed
    Horrible Bosses 2
    Spud 3: Learning to Fly
    The Boxtrolls
    The Hunger Games: Mockingjay - Part 1
    The Equalizer