BIFM staff may sue over retrenchments

Monday, March 23, 2015

The Botswana Insurance Fund Management (BIFM) staff, faced with retrenchment, has threatened to take the company to court if they are not afforded a chance to participate fully in the restructuring exercise.

The restructuring exercise comes in the wake of the firm’s loss of the lucrative P9 billion-management contract of Botswana Public Officers Pension Fund (BPOPF).

Attorney Kabo Motswagole, representing the 37 employees, stated in a letter to the BIFM acting chief executive officer Neo Bogatsu, dated March 14, 2015 that it had been consistent throughout the process that his clients have never been consulted.

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BIFM staff may sue over retrenchments

The Botswana Insurance Fund Management (BIFM) staff, faced with retrenchment, has threatened to take the company to court if they are not afforded a chance to participate fully in the restructuring exercise.

Stanbic pretax profits up 11%

The audacity to be a unicorn

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Civil Society fights 'flawed' constitutional amendment

Civil Society calls for Constitution review governing Act

IEC rejects 2,513 registrations

Motshegwa prevails against detractors

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Inspect the voters' roll!