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
CoA brings sanity to DIS/DCEC long-standing feud

This decision follows the raiding of the office of the former Director General of the DCEC, Tymon Katlholo early 2022 and his staff officer by the DIS operatives who reportedly took files that they had targeted.After all back and forth arguments, the CoA has set the record straight giving an invaluable lesson to the DIS that it was no super security organ and it does not have any powers to cogently supervise other security organs including the...

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