Advertisement

Job losses as new CEO shakes up BPC

BCP is retrenching as part of efforts to cut total costs by up to 30%
BCP is retrenching as part of efforts to cut total costs by up to 30%

The Botswana Power Corporation (BPC) will in the next four months shed about 200 jobs in the first part of a two-phased retrenchment exercise aimed at pruning the power utility’s organisational structure.

Under its turnaround strategy, dubbed Masa 2020, new CEO Dr Stefan Schwarzfischer says he is effecting a reorganisation of the corporation targeted at cutting up to 30% of the costs while maximising revenue streams.

BPC employs about 2,350 workers across the country.

Advertisement
Editor's Comment
Celebrate responsibly, put safety first this holiday

“Safety first is safety always”– Charles M HayesAs most people begin travelling across the country to spend the President’s Holidays with family and friends, there is every reason to embrace the joy and togetherness that this period brings.While holiday periods bring joy, they are sadly often accompanied by a rise in road accidents, violent incidents and other avoidable tragedies. Too often, families that set out to celebrate together end...

Have a Story? Send Us a tip
arrow up