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.

Editor's Comment
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...

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