BIFM staff may sue over retrenchments

Tshiamo Rantao
Tshiamo Rantao

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.

Editor's Comment
Are police trigger-happy?

Unfortunately, that day turned sour for those who were shopping at Sefalana Cash and Carry in Gaborone West Industrial.The exchange of fire that ensued between members of the Botswana Police Service (BPS) and robbers who had allegedly robbed a G4S cash-in-transit vehicle left two civilians dead, three robbers struck down, and an undisclosed number of citizens wounded.One deceased civilian is reportedly an employee of the Citizen Entrepreneurial...

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