Dread as Absa to retrench

 Absa heardquaters PIC: PHATSIMO KAPENG
Absa heardquaters PIC: PHATSIMO KAPENG

FRANCISTOWN: Absa Bank Botswana Limited, a subsidiary of the Absa Group has thrown its Botswana employees into a state of panic following a recent announcement of a voluntary separation scheme (VSS) by the outfit.

About 1,100 employees of the bank who recently worked for the bank’s hefty rebranding exercise that marked the final leg of acquisition from Barclays Plc are now faced with an uncertain future, sources say.

Botswana Bank Employees Union (BOBEU) has claimed that although it has a working recognition agreement with the bank, it has not been properly consulted about the matter.

Editor's Comment
Inspect the voters' roll!

The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...

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