KBL cuts all salaries by 10%

KBL cuts all salaries by 10%
KBL cuts all salaries by 10%

The country’s leading alcohol producer, Kgalagadi Breweries Limited, has cut the salaries of all its staff by 10% in a move it says is designed to avoid retrenchments.

Government reintroduced a ban on alcohol recently, after a surge in cases of Covid-19 cases, the third such move since the first case of the virus was detected locally on March 30.

“Until June, KBL staff received 100 percent of their salaries, including during the initial lockdown and alcohol trade ban, when the company made zero revenue and majority of the employees were not working," KBL head of corporate affairs, Masegonyana Madisa told MmegiOnline this evening.

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