Top listeners:

skip_previous skip_next
00:00 00:00
playlist_play chevron_left


NBL and Nafau sign 18-month substantive wage agreement

todayJune 26, 2024 4

share close




Namibia Breweries Limited (NBL) and the Namibia Food and Allied Workers Union (NAFAU) recently signed an 18-month substantive wage agreement for the period 01 July 2024 to 31 December 2025.

With effect from 01 July 2024, all bargaining unit employees will receive a wage increase of 2.5% on basic salaries from July to December 2024 and 6% on basic salaries from January to December 2025. Furthermore, an additional housing allowance will be provided to employees.

The company will continue with the current incentive scheme that will enable employees in the bargaining unit to earn an additional bonus equal to a monthly salary during the financial year. Signing the agreement, NAFAU’s Regional Coordinator Lister Tawana expressed his appreciation and thanked both parties for the spirit of negotiating in good faith throughout the entire negotiations.

“NAFAU is hereby elated and glad to have signed the substantive agreement with NBL in terms of wages and conditions of employment. Collective bargaining is the cornerstone of trade unionism, and this increment indicates the willingness of both parties to address economic challenges affecting employees, especially the aspect of housing. This agreement is a win-win situation for both parties and we would like to urge our members to be more productive than ever before,” said Tawana.

On his part, Managing Director of NBL Peter Simons said: “My sincere gratitude goes out to the negotiation team from both the union and the business, for the swift deliberations in which we concluded the wage negotiations. This speaks to our mutually beneficial consensus reached for the interest of our employees and the company further demonstrating the commitment towards our people and the success of our business.”

Written by: Staff Writer

Rate it

Post comments (0)

Leave a reply

Your email address will not be published. Required fields are marked *