
PSA signals flexibility on $3.8B wage arrears settlement
The PSA says it is willing to compromise with government on how billions in wage arrears will be paid, after rejecting the Stateās offer of 40% cash and 60% non-cash. The union wants 60% cash, while the $3.8 billion settlement would also add about $420 million a year to recurrent spending, with talks set for September 9.
By Dareece Polo
Retrieved
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First Citizens appoints acting CEO
First Citizens Group Financial Holdings has named Sana Ragbir acting Group CEO after Jason Julien resigned, leaving the majority state-owned bank with another leadership change at the top. Ragbir, formerly deputy CEO for business generation, brings more than 16 yearsā management experience as the company adjusts to Julienās sudden departure after less than a year in the role.
By Guardian
Retrieved
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