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Retrenchment exercise costs BTC P67m

Anthony Masunga PIC: MORERI SEJAKGOMO
Anthony Masunga PIC: MORERI SEJAKGOMO

The Botswana Telecommunications Corporation (BTC) said the recently concluded restructuring exercise set it back by P67 million.

This is revealed in the country’s telecom giant’s financial results for the six months ended 30 September 2022. BTC recently laid off about 196 workers as part of its resource optimisation exercise.

When commenting on the group’s published financial results, BTC Managing Director, Anthony Masunga said the exercise has, however, affected their financial performance during the reporting period.

Editor's Comment
Boko should stop the fighting and start the delivering

With his theme of 'Delivering on Our Promise, One Step at a Time', he sought to project an image of a focused, determined leader building a new ‘Rome’. Sadly, parts of his speech were not about laying bricks, but about settling old scores.It is deeply worrying that a head of government would use such a pivotal national address to launch another bitter broadside against the media and his political detractors. His portrayal of the...

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