Non Bank Financial Institutions Sector Union Needed NBFI-SU

A private industry union would allow for a compensation for uneven bargaining power, between owners and workers, in the struggle over uneven distribution of profits and created wealth. Most of Batswana in the private sector are currently dissatisfied due to being overworked and underpaid, with salaries and wages remaining stagnant whilst prices for basic survival necessities such as petrol, food, water, electricity, land, housing and bank interest remain out of reach for them.

Now add to this recent media reports concerning allegations of financial misconduct by leaders and custodians of local corporations. This has prompted the writing of this article. Indeed these past few years have shown in our economy that this story is not at all a new one. We have had countless retrenchments and company closures that are at this time well known and too many to list.