BTCL employees not ready to buy shares

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Privatisation of Botswana Telecommunications Corporation Limited privatisation is nearing completion but employees still do not have the funds to buy the five percent of shares allocated to them.

Speaking to Monitor Business BTCL Workers Union member, Kewetse Busumane said most employees cannot afford to buy shares and they are not even sure how the process is going to work for them.

“ Most employees cannot afford to buy the shares. Maybe the top management employees are the only ones who can afford but finances limit most of us.

Editor's Comment
Gov't, unions must find common ground

The situation is exacerbated by the ruling party’s admission that some of its most important election promises remain unfulfilled. This is not the change many Batswana had expected. The UDC was elected into power on a strong promise to improve lives, create jobs, protect workers and repair public services. It is therefore, not enough for the party to point only to new ministries, policies and long-term plans. These may be necessary, but...

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