Banks can weather the storm � Union

Keabetswe
Keabetswe

Local commercial banks are positioned to turn things around for the better of their businesses without the need for headcount reductions, says the Botswana Bank Employees Union (BOBEU).

Speaking to Mmegi Business, BOBEU general secretary, Lebogang Keabetswe said while they believe they can collectively weather the storm in the banking sector with the dedication of the employees, some banks are already looking for an easier way out.

“They find reduction of headcount as essentially the easiest variable cost to get rid of,” she said.

Editor's Comment
Stop the children killing madness!

The incident comes on the heels of a similar one where a father murdered his two toddlers in Francistown. As we grapple with the shock and sorrow of this loss, it is essential to address the underlying issues that led to such a horrific outcome.Our hearts go out to the innocent victims, the three boys aged 13, 10, and eight who lost their lives in circumstances that defy comprehension. Their deep cuts and untimely demise have left a scar on the...

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