Kraatz, a subsidiary of the Ohlthaver & List (O&L) Group has signed a one-year substantive agreement with the Metal and Allied Namibian Workers Union (MANWU).
The signing of the agreement means that 35 bargaining unit employees at Kraatz will receive a 6.5% increase on their basic salary, effective 1 July 2022.
“I am very proud of the way our employees have shown resilience and continued to do their utmost even when facing this global crisis. For this reason, we believed an increase was only the right thing to do to ensure our people can survive the new challenges we face such as the increased cost of living and rising inflation. Our employees are our most important stakeholders, and they are the ones who can make our business successful. Without their commitment and dedication to our Group Purpose of “Creating a future, enhancing life” we would have no business or future to look forward to,” Kraatz MD Eugene Louw said.
John Hinyekwa, Regional Organiser of the MANWU, said, “the union and shop stewards committee are delighted by the way and spirit in which the negotiations were conducted. We thank the workers for understanding and allowing us to reach a consensus with the company. We, the union and the workers remain positive and believe that the economy will improve and that there will be enough work for both parties to yield good results going forward. The negotiations were not easy, but through cooperation and honest communication we managed to conclude them.”
