Botswana Power Corporation (BPC) has thus far shed 368 jobs through voluntary separation, as part of its Masa 2020 turnaround strategy.
Masa 2020 envisages the BPC as a profitable entity within two years, free from a reliance on government, operating efficiently and serving its customers. The strategy became necessary as the BPC continued bleeding billions of Pula in annual losses, while operational inefficiencies piled up and services standards plummeted.
BPC CEO, Stefan Schwarzfischer told journalists this morning that the retrenched staff were between bands 6 to 11, a range which also included cleaners and maintenance staff, with most leaving voluntarily as their positions were no longer required. The retrenchment exercise also included executives.
“Some of the positions were
According to the CEO, the BPC is now embarking on Phase Two of the restructuring exercise which will focus on improving internal efficiencies and process re-engineering.
This new phase will include recruitment of certain skills required by the new structure, in line with the efficiency and re-engineering targets. Already the BPC has floated adverts in local newspapers and recruitment is due complete by September.