Job losses as new CEO shakes up BPC

Tuesday, January 24, 2017

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.

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