insert_link Business / Economics Trigon Metals, Union Secure Deal for Retrenched Workers Trigon Metals’ Kombat Mine and the Mineworkers Union have reached an agreement benefiting 533 retrenched employees. According to a media statement, the deal includes severance pay, leave compensation, relocation support, and employer-covered medical exams. Retrenchment packages are set to be paid today, with a recall list ensuring priority rehiring if operations resume today25 February, 2025
insert_link Namibia MUN to Negotiate Kombat Mine Retrenchments The Mineworkers Union and Kombat Mine will enter negotiations on the conditions surrounding the retrenchment of 533 workers. One Africa TV’s NewsOnOne journalist, Hertha Ekandjo, reports that this comes after the mine initially intended to carry out the retrenchments without consulting the union. Amupweya told our reporter Hertha Ekandjo from NewsOnOne that such conditions are important for a fair process, and would not have been possible had persisted with its […] today14 February, 2025
insert_link Business / Economics South Africa’s Telkom completes first phase of retrenchment process South Africa's Telkom has completed the first phase of its retrenchment process, affecting one-thousand-800 jobs. The telecoms giant reported a 1.9-percent revenue growth to 21-billion-rand, driven by strong revenue performance. CEO Serame Taukobong says the focus is on cutting operational costs and improving revenue mix to build a resilient company: today19 November, 2024
insert_link Local Unclaimed benefits for 176 GIPF members: an urgent call to action The Government Institutions Pension Fund (GIPF) provides various benefits to its members, such as Normal Retirement, Early Retirement, Resignation (also applicable to dismissals), Retrenchment, Disability benefit, Ill-Health Retirement, Death, and Funeral benefits. These benefits are due when a member is no longer employed and exits the Fund. Currently the GIPF holds millions in what is referred to as unclaimed benefits. Every staff member of a participating […] today18 June, 2024
insert_link Business / Economics Agribank introduces credit life insurance product The Agricultural Bank of Namibia (Agribank) is pleased to announce the introduction of a Credit Life Insurance product, effective 1 June 2024. The Credit Life Insurance serves as a financial security and protection against unforeseen events, tailored exclusively for Agribank clients. The Agribank credit life insurance offers benefits beyond covering death and protecting a client’s estate. If a client becomes permanently or temporarily disabled, is diagnosed with […] today30 May, 2024
