Tue, 12 Sep 2017 10:04:07 +0000 By Chikumbi Katebe FORMER Finance Bank Zambia employees have rejected a scheme by the “new” employers to force them into a new employment contract against their will. This is after African Banking Corporation Zambia Limited (BancABC) reportedly acquired 100 percent shares of Finance Bank Zambia under the Banking and Financial Services Act. The employees claimed that they were still contracted under the terms and conditions of their previous employer, Finance Bank as they have not been paid their redundancy packages. Some employees who besieged to the Daily Nation with letters of offer of employment which suggested they still held work contracts under the defunct Finance Bank, said they should not be forced into signing new employment contracts with the new bank owners when they have not seen their packages from Finance Bank. The employees presented various correspondence from the company which included announcements of the company take over by […]
