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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

Retrenchment

6 Results / Page 1 of 1

Background

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

todayFebruary 25, 2025 17

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 […]

todayFebruary 14, 2025 31

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 […]

todayJune 18, 2024 23

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 […]

todayMay 30, 2024 38

South Africa

South Africa’s members of Parliament have criticised the business rescue process of the Post Office

South Africa's members of Parliament have criticised the business rescue process of the Post Office.  The process involves the retrenchment of thousands of workers and the closure of hundreds of branches countrywide. Members of the Communications and Digital Technologies committee received a briefing on the business rescue, with minister Mondli Gungubele confirming the plan will result in job losses.

todayDecember 14, 2023 15