The Bidvest Group said it delivered a credible financial performance for its full year ended June 2020, despite the headwinds presented by an already constrained South African economy pre-Covid-19 and the pandemic’s severe impact on the final quarter. However, it said that the current conditions has meant retrenchments across its entire group. At the start of September, Bidvest said it anticipates up to 400 employees in its personal banking, business banking and support divisions will be affected by retrenchments, while it is unclear as to how many employees are affected in its other divisions which include freight, branded products, and property Read more https://businesstech.co.za/news/banking/433146/bidvest-warns-of-retrenchments-amid-extraordinary-levels-of-uncertainty-in-south-africa/