BCL looks to cut 2,000 jobs
Friday, March 04, 2016
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.
It is a clear signal that the government’s purse is empty and that our own behaviour has left veterinary officials fighting with one hand tied behind their backs. We have been here before. During COVID-19, many of us thought we knew better. We ignored simple rules, we carried on as if the danger was someone else’s problem, and the virus took lives and left our economy on its knees. We are still broke from that experience. Yet now, with FMD...