BCL looks to cut 2,000 jobs

Friday, March 04, 2016

BCL Mine is contemplating cutting as much as a third of its workforce as it battles to mitigate cash flow problems effected by depressed international copper prices that are at a six year low.

Department of Mines director, Gabotshwarege Tshekiso told BusinessWeek that initial estimates are that BCL might retrench as many as 2,000 workers as it seeks to optimise operations ahead of any possible government bailout.

Ghaghoo Diamond Mine in the CKGR, which plans to halve its output this year due to depressed diamond demand, is also undertaking a restructuring exercise that might see about a 100 of its 250 workforce being retrenched.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

More time: Zimbabwe president, Emmerson Mnangagwa

Time is the architecture of change

Mabasa Sasa* | 2d ago

Fake Botswana flags first spotted on ships in January – IMO

Mbongeni Mguni,Innocent Selatlhwa | 2d ago

Nyatso takes over from Rari

Larona Makhaiza | 2d ago

Cricket coach hails Brazil’s impact

Mqondisi Dube | 2d ago

Giants, dreamers collide as FA Cup fever grips

Kabelo Boranabi | 2d ago

Iranian volleyballer finds joy at Yaros

Calistus Kolantsho | 16 Apr 2026

Child malnutrition persists as silent crisis in rural Botswana

Nnasaretha Kgamanyane | 16 Apr 2026

Marina receives P300,000 equipment boost

Correspondent | 16 Apr 2026

Botswana must not be a flag of convenience for rogues

‘A man’s country is not a certain area of land, of mountains, rivers, and woods, but it is a principle and patriotism is loyalty to that principle’.- George William CurtisAccording to the report carried in this publication, the fraudsters operating the so-called “dark fleet” have selected Botswana’s flag as their cover of choice. This is a direct assault on our country’s most valuable asset, the good name.For decades, Botswana has...

Mmegi Editor | 10 April 2026

About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.

Explore

More

BCL looks to cut 2,000 jobs

BCL Mine is contemplating cutting as much as a third of its workforce as it battles to mitigate cash flow problems effected by depressed international copper prices that are at a six year low.