Stanchart responds to union

On localisation, the union had expressed a concern that over the past two years, there had been an influx of expatriate managers occupying senior positions which the bank had previously reserved for citizens.

"We still believe that we have qualified and able individuals within Botswana who could be hired instead of foreign people. We therefore request that all senior posts be localised, including that of the Managing Director," the union had stated in the petition.