Dread as Absa to retrench

Friday, March 13, 2020

FRANCISTOWN: Absa Bank Botswana Limited, a subsidiary of the Absa Group has thrown its Botswana employees into a state of panic following a recent announcement of a voluntary separation scheme (VSS) by the outfit.

About 1,100 employees of the bank who recently worked for the bank’s hefty rebranding exercise that marked the final leg of acquisition from Barclays Plc are now faced with an uncertain future, sources say.

Botswana Bank Employees Union (BOBEU) has claimed that although it has a working recognition agreement with the bank, it has not been properly consulted about the matter.

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Dread as Absa to retrench

FRANCISTOWN: Absa Bank Botswana Limited, a subsidiary of the Absa Group has thrown its Botswana employees into a state of panic following a recent announcement of a voluntary separation scheme (VSS) by the outfit.

Relay team hunts elusive gold

Nico launch late Houdini act

GU face Galaxy hurdle in title defence

Tables turn on disciplined forces

Softball constitution under scrutiny

Bodybuilders ready to flex muscles

UB Rhinos on the charge

Ditlhokwe returns after long term injury

Stakeholders must step up veggie supply