insert_link Business / Economics B2Gold continues workforce downsizing at Otjikoto mine B2Gold has confirmed it will proceed with further workforce reductions at its Otjikoto mine, involving involuntary separations. This decision follows a comprehensive review by a dedicated retrenchment committee, in collaboration with the Mineworkers Union of Namibia (MUN) branch executive committee on site. Eric Barnard, General Manager of Otjikoto Mine, detailed the process, saying, “We have a retrenchment committee that evaluated the necessary reductions across various departments. This effort was not […] todayJuly 22, 2024 39
insert_link Business / Economics B2Gold Otjikoto mine to retrench 300 workers B2Gold Otjikoto Mine, the country’s largest gold producer, is set to start with the voluntary retrenchment of 300 employees. Last year, the mine announced its plans to embark upon a phased closure of open mining due to depleted ore reserves, but it did not disclose the number of workers to be affected, as consultations with stakeholders were still ongoing at the time. Here is John Roos B2Gold Namibia's Country Manager […] todayApril 24, 2024 134
insert_link Namibia B2Gold Layoffs: How Will It Be For the Affected Workers And Community? B2Gold Namibia disclosed that the voluntary retrenchment initiative at its Otjikoto mine near Otjiwarongo, commenced in March last year, is set to persist throughout 2024. It clarified that the ongoing phase continues to be voluntary, with mandatory retrenchments scheduled for 2025. We sought Labor Expert Herbert Jauch's perspective on the matter. Business Researcher Josef Sheehama also weighed in. todayApril 22, 2024 96
insert_link Business / Economics EXCLUSIVE INTERVIEW: Local Labor Expert Herbert Jauch on Otjikoto B2Gold: A Perspective on Recent Retrenchments Namibia, a nation already grappling with a significant unemployment crisis, received sobering news with the announcement of retrenchments at the B2Gold Mine. Herbert Jauch, a local labor expert, weighs in on the implications of this development for the country's workforce and economy. Jauch begins by highlighting the severity of the situation, emphasizing that Namibia's unemployment rate is already alarmingly high. The prospect of further job losses exacerbates an already challenging […] todayApril 22, 2024 29
insert_link Interview Transcripts EXCLUSIVE INTERVIEW: Insights from Independent Business And Economics Researcher Josef Sheehama: Impact of Otjikoto B2Gold Mine Retrenchments on the Economy In a recent discussion, Business And Economics Researcher, Josef Sheehama sheds light on the ramifications of the retrenchments at the Otjikoto B2Gold Mine in Namibia. Sheehama begins by acknowledging the adverse effects of the mine's decision to reduce its workforce, both through voluntary and compulsory measures, particularly concerning the open pit operations. He emphasizes the profound impact this move will have on the local community and the broader socioeconomic landscape. […] todayApril 22, 2024 24
insert_link Namibia B2Gold’s Otjikoto Mine to Implement Voluntary Retrenchment B2Gold, a Canadian-listed company, has announced plans for approximately 300 mining workers at its Otjikoto Mine to undergo voluntary retrenchment this year. The decision comes as the mine approaches open pit closure, leading to a reduction in mining production and the need for fewer personnel. Currently employing around 890 workers, the affected employees primarily belong to the open pit mining department. B2Gold Spokesperson Namasiku Nalisa confirmed the notice, clarifying that […] todayApril 2, 2024 16