'Prepare for job cuts from parastatal shake-ups'

Kgafela
Kgafela

Trade and Industry minister Mmusi Kgafela says while the number of jobs to be cut in the rationalisation of parastatals is still unclear, employees should prepare themselves to 'transition' out of the public service and find opportunities in the private sector.

The ministry has the most number of parastatals affected by the rationalisation programme announced by President Mokgweetsi Masisi in March. Kgafela’s ministry will be left with five parastatals out of the current 11 when the rationalisation exercise is complete in about two years.

“We cannot ignore the fact some of our souls who have contributed so much to the development of our economy will inevitably and as an unintended consequence, find themselves no longer part of the public service,” Kgafela said at a briefing earlier today.

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