Niël Terblanché
Namibia Breweries Limited (NBL) and the Namibia Food and Allied Workers Union (NAFAU) have successfully concluded a wage agreement.
The agreement, effective from 1 July 2024, includes a 2.5% wage increase for all bargaining unit employees from July to December 2024 and a 6% increase from January to December 2025.
NAFAU’s Regional Coordinator, Lister Tawana, stressed that collective bargaining is a cornerstone of trade unionism, highlighting the importance of addressing economic challenges, particularly housing, through such agreements.
He described the deal as a win-win situation for both parties, encouraging NAFAU members to enhance productivity.
Peter Simons, the Managing Director of NBL, echoed these sentiments and said that the agreement reflects a mutually beneficial consensus.
He acknowledged the efforts of the negotiation teams and expressed gratitude for their collaboration, which ensures that employees will receive their salary increases with the upcoming payroll.
In addition to the wage increases, the agreement includes a continued incentive scheme allowing employees to earn a bonus equivalent to a monthly salary during the financial year.
An additional housing allowance will also be provided, further supporting employees amidst the rising cost of living.
The recent acquisition of a controlling stake in NBL by Heineken NV has positioned the company for sustainable growth and enhanced service delivery, benefiting all stakeholders, including employees, shareholders, and consumers.
