Quiet sabre-rattling in banking sector

Number crunching: Keabetswe says 2015/ 16 wage talks are set to proceed. PIC: MORERI SEJAKGOMO
Number crunching: Keabetswe says 2015/ 16 wage talks are set to proceed. PIC: MORERI SEJAKGOMO

Nearly each and every single thebe of the P57.6 billion Finance Minister Kenneth Matambo plans to spend in the next financial year will pass through one local bank employee or the other. The country’s 4,500 or so bank workers, however, have their own ‘budgets’ on their minds. Botswana Bank Employees Union general secretary, Lebogang Keabetswe speaks to Staff Writer, MBONGENI MGUNI, about the wage negotiation season

Like the economy, bank workers live in a perpetual cycle.

Every summer, bank workers square up to their employers in a now familiar tussle over wage reviews. Ideally, both sides would want to finalise talks before the onset of the new financial year in April, but traditionally the talks drag far into the new financial year and necessitate backpay sometime in November.

Editor's Comment
No room for perjury

It seems some government accounting officers, sworn to tell "the truth, the whole truth, and nothing else but the truth" before Almighty God, may have deliberately lied during the committee’s vital work. If proven, this is not merely unprofessional; it is perjury, a serious criminal offence and it strikes at the very heart of responsible government.The PAC’s role is fundamental. After each financial year, it painstakingly examines how public...

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