N$67m

Andrew Kathindi Former employees of the now defunct SME Bank are demanding over N$67 million from Government in payment at the value of 12 months’ salary. According to the 208 former employees of the bank, the claim is supported by the recent decision by Finance Minister, Iipumbu Shiimi, to pay out Air Namibia employees’ salaries for one year. The SME Bank employees received their termination of service letters on 25 July 2017, with some only receiving accrued annual leave days, pro-rata bonuses, severance pay and five years long service award for those eligible. “There was no retrenchment package. Nothing at…