The Weekend View

Standard bank to retrech 1200 workers


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Standard Bank says it's currently in the execution stage to retrench 1200 workers in its retail division. The banking group announced that it has already concluded consultations with the sector labour union Sasbo. The bank has announced that it plans to close 91 branches. The bank attributes the closures to fewer costumers visiting their branches. Tshepo Mongoai reports...
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