BTCL poised for job cuts

15th May 2018
BTCL Head Office Source:The Midweek Sun


By Keikantse Lesemela - Reporter

Possible job losses are expected as Botswana Telecommunications Corporation Limited (BTCL) is currently undergoing an organisational structure review to ensure alignment with the company’s recently revised strategy. Last year, BTCL reviewed its strategy to improve customer service. BTCL Chief Executive Officer, Anthony Masunga said the company’s new strategy is aimed at improving customer satisfaction. In response to The Midweek Sun questions, BTCL Head of Stakeholder Relations, Thato Sedirwa could not disclose how many employees would be affected but revealed that the strategic alignment is meant to enhance operational efficiency across all divisions. “The exercise has been ongoing since July 2017 and is being undertaken in compliance with the country’s labour laws, and internal consultative processes.

The impact on the human capital will be known upon the completion of the exercise,” explained Sedirwa. She said the exercise has no impact on employee share ownership. For the six months period ended September 2017 BTCL recorded P97.9 million profits compared to P87.8 million in 2016. Revenue increased to P794.9 million compared to P 776.2 million in the previous year. Over the years BTCL has been recording good performance, and has been able to increase its revenue from P1.0 billion in 2011 to P1.47 billion in 2015, while profit after tax has risen from P177 million in 2011 to P273.6 million in 2013 before falling to P146.8 million in 2015.

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