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BCL workers left in the lurch

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BCL workers left in the lurch
All is not well at the cash strapped BCL Mine as employees feel that they have been left in the lurch as management has not addressed them regarding the financial crisis the company is in. At a meeting with MP for Selebi-Phikwe West Dithapelo Keorapetse, the employees complained that they don’t know pay days because payments are delayed every month. At the top of their complaints is failure by the company’s Managing Director Dan Mahupela to address them on the current situation. They complain that they don’t know Mahupela as he has never addressed them and doesn’t do site visits. They only see him in the media, some claim. The employees find themselves faced with a dire financial situation as their loans to banks, SACOS, micro lenders monthly installments are deducted from salaries but the money doesn’t reach these financial institutions leaving them with arrears and bad debt record. Financial trouble for the employees worsened in December 2015, when BCL management took a decision not to pass money deducted for staff loans to creditors. The money was instead used to pay an installment of the P25m that the subsidiary Tati Nickel has accessed from Barclays Bank. The loan has been…

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