VAT Increase A Blow To Pensioners – BFTU

source: Mmegi
By Ephraim Keoreng
Staff Writer

The Secretary General of the Botswana Federation of Trade Unions (BFTU), Gadzani Mhotsha, said the two percent increase in VAT will deal a blow to the already dwindling purchasing power of Batswana workers, the unemployed and pensioners who depend on a stipend of P260 per month.

“This will also affect the business community and pose numerous challenges to job security,” Mhotsha said. “This development defeats the labour movement’s primary object of improving the lives of workers as it further excludes the majority of them from the category that can afford to acquire property and at least a roof over their heads.”

Speaking at a press conference at Babereki House in Gaborone last week, he said his organisation has noted that [continue reading]

%d bloggers like this: