GMB retrenches 785 employees

to reduce staff costs and ensure that GMB retains skilled workers through competitive salaries.
The grain procurer this year set aside US$6,3 million as retrenchment packages for about 2 000 workers who are set to voluntarily exit the GMB. As of October this year, 749 employees had been laid off.
GMB general manager Mr Albert Mandizha said compulsory retrenchment would commence next year.
“To date we have 785 employees who have been voluntarily retrenched. We are going to revisit the retrenchment process in January and map out compulsory retrenchment,” he said.
The GMB is one of the 10 parastatals that Government has earmarked for commercialisation to restore viability. The parastatal has over the years battled to pay farmers on time for grain deliveries. – New Ziana.