Bank workers clinch wage deals

The Bank of Botswana is the regulator of all commercial banks in Botswana.
The Bank of Botswana is the regulator of all commercial banks in Botswana.

Bank employees at Standard Chartered, Barclays and Stanbic will receive salary adjustments of between four and 15 percent at the end of the month, following what their union describes as the “fastest negotiations on record”.


Traditionally, the Botswana Bank Employees Union (BOBEU) grinds out long drawn-out wage talks with the six unionised banks, usually resulting in adjustments being made later in the year and backdated.

Editor's Comment
Let’s stand against the menace of ‘CAT’

Methcathinone’s addictive grip is tightening, and its consequences are devastating. Lives are being ruined, families torn apart, and futures dashed by its destructive power. The drug’s allure knows no bounds, with various methods of ingestion making it accessible to users of all preferences.Whether it’s snorted, smoked, injected, or taken orally, the outcome is the same: a path of ruin and despair. It is time for action. The government,...

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