Zambia’s largest sugar production Company is experiencing turbulent times with management entering into an agreement with its employees to reduce on labour.
According to Zambia Sugar Corporate Affairs Manager Sally Namutowe, management has engaged employees in effecting a voluntary separation program.
She said the program will result in managing a minimum of 10% reduction in annual wage costs for the company.
Namutowe added that the sugar company has faced serious challenges that could bring operations to a halt.
She said that the company has decided to make bold decisions in partnership with employees to ensure the company remains viable on the market.
Namutowe said the voluntary separation program started on July, 5th 2018 and will run up to 31st August, 2018 and remains open all permanent employees.
She has further lamented the dropping market shares due to illegally imported sugar which has been using its branding and packaging by unscrupulous individuals.