Job losses as new CEO shakes up BPC

BCP is retrenching as part of efforts to cut total costs by up to 30%
BCP is retrenching as part of efforts to cut total costs by up to 30%

The Botswana Power Corporation (BPC) will in the next four months shed about 200 jobs in the first part of a two-phased retrenchment exercise aimed at pruning the power utility’s organisational structure.

Under its turnaround strategy, dubbed Masa 2020, new CEO Dr Stefan Schwarzfischer says he is effecting a reorganisation of the corporation targeted at cutting up to 30% of the costs while maximising revenue streams.

BPC employs about 2,350 workers across the country.

Editor's Comment
Congratulations Anicia Gaothuse!

The contest had 10 beautiful young girls as finalists and unfortunately only one could wear the crown.The judges picked Anicia Gaothuse. To all those who feel their contestant should have won ahead of Anicia for whatever reason, hardly; the judges found Anicia to be the best among the best, so desist from disrespecting our newly crowned queen on social media or anywhere else, for that matter! Each of the 10 beautiful young women had supporters...

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