Ex-mine employees haunted by unpaid loans

FILE PIC
FILE PIC

SELEBI-PHIKWE: BCL Mine former employees fear that they will end up in prisons for failing to settle their bank loans. It has emerged that about 90% of the employees were paying loans at the time of their abrupt loss of jobs and the loans continue to accrue interests as a result of defaults on installments.

Concerned former employees highlighted this during a meeting that was addressed by the Member of Parliament for Selebi-Phikwe West Dithapelo Keorapetse. One of the employees said the bank demanded a share of the little package he got from the Mine to prevent interest charges.

“I was told that despite the fact that I do not have any source of income at the moment I must continue to service the loan failure of which deputy sheriffs would be engaged to recover the money from me. We cannot commit ourselves that we can service the loans effectively without any income,” he said.

Editor's Comment
Routine child vaccination imperative

The recent Vaccination Day in Motokwe, orchestrated through collaborative efforts between UNICEF, USAID, BRCS, and the Ministry of Health, underscores a commendable stride towards fortifying child health services.The painful reality as reflected by the Ministry of Health's data regarding the decline in routine immunisation coverage since the onset of the pandemic, is a cause for concern.It underscores the urgent need to address the...

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