Wednesday, September 30, 2026
Subscribe
The Brief | Namibia's Leading Business & Financial News
  • Home
  • Companies
    • Finance
    • Agriculture
    • Technology
    • Property
    • Trade
    • Tourism
  • Business & Economy
  • E-PAPERreader
  • Mining & Energy
  • Opinions
    • Analysis
    • Columnists
  • Africa
No Result
View All Result
The Brief | Namibia's Leading Business & Financial News
  • Home
  • Companies
    • Finance
    • Agriculture
    • Technology
    • Property
    • Trade
    • Tourism
  • Business & Economy
  • E-PAPERreader
  • Mining & Energy
  • Opinions
    • Analysis
    • Columnists
  • Africa
No Result
View All Result
The Brief | Namibia's Leading Business & Financial News
Subscribe
No Result
View All Result
Home Companies

TransNamib, NATAU seal wage deal, agree to end industrial action

by editor
September 2, 2022
in Companies
6
A A

TransNamib and the Namibia Transport and Allied Workers Union (NATAU) on Friday reached a wage agreement that is expected to end a crippling industrial action.

According to terms of the agreement, over 1200 TransNamib employees will benefit from salary increases ranging from 5.5% for employees on A-Band 5.5%, 4.5% for B-Band workers and 3.5% for C-Band and a further addition of N$100 increase on transport to N$642.

“In the spirit of goodwill TransNamib will not apply the No Work, No Pay principle as previously planned and envisaged. Equally NATAU has waived 22 months of back pay, and workers will receive three months instead,” said TransNamib spokesperson Abigail Raubenheimer.

The agreement comes into effect on 16 November 2022 and will only be valid for 2019-20 to 2022/23 financial years.

“To ensure that the trajectory of TransNamib changes and the company moves forward to sustainability, TransNamib and NATAU have agreed to form a united team between them as parties, that will meet at least on a monthly basis in order to deal with all matters pertaining to vastly improving the relationships in the organisation. This is with a view to foster team building, culture change initiatives, and especially high performance for all TransNamib employees,” Raubenheimer said.

In addition, she said, the parties also confirmed their commitment to jointly work together to increase income to an average level of N$45 million per month by the beginning of the next financial period.

TransNamib workers downed tools on 17 August after most of them overwhelmingly opted to picket following a strike voting exercise.

The salary negotiations dates back in 2019, when the union presented a request to have remunerations adjusted by 18% for A-Band workers, 15% B-Band, and 13% for C-Band, before it was rejected and later reduced to15% for employees within the A band, 13% for the workers falling within the B band, and 9% for those within the C band.

However, the parties could not reach any consensus, prompting another offer of 7% increment for the A band, 5.5% for the B band, and 3.5% for the C band, while the very last option before striking was a 7% salary increase across the board.

Raubenheimer said the impact of the strike will only be determined on Monday when all services are normalized.

Previously reports indicated that the rail parastatal was incurring losses of N$10 million monthly.

 

author avatar
editor
See Full Bio
Previous Post

Barclays finally exits Absa

Next Post

Shell hires oil rig for Namibia operations

Must Read

Progressive coin stacks topped with small trees and a rising line graph, symbolizing financial growth and investment returns.
Finance

Investment managers’ assets hit N$353.8bn as NBFI sector grows to N$577.2bn

September 30, 2026
Two men in suits shake hands while presenting a blue ceremonial cheque from the Namibian Ports Authority in an office with a stone wall and framed portraits.
Finance

Namport declares N$130m dividend as container throughput rises 48%

September 30, 2026
NHE loan book grows 91% to over N$1bn in five years
Property

NHE lines up N$1.5bn financing for 2,300 houses, 1,350 serviced plots

September 29, 2026
Public official in a gray suit speaks at a podium with a microphone; flags and a GIPF banner are in the background.
Finance

GIPF investments in Oshana reach N$466.9m

September 29, 2026
Adult rhinoceros standing at a muddy waterhole in a dry savanna, with distant antelope silhouettes in the background.
Agriculture

Namibia records 24 rhino poaching cases in 2026

September 29, 2026
Person holding a stemmed glass of pink sparkling drink with the Bernini logo outdoors.
Finance

End of SA supply deal cuts NBL beer exports 38.2%, hits profit

September 28, 2026
Load More

Related News

NAMAF leads industry efforts to tackle healthcare funding sustainability

NAMAF leads industry efforts to tackle healthcare funding sustainability

March 10, 2024
Meatco appoints Albertus Aochamub as Interim CEO

Meatco appoints Albertus Aochamub as Interim CEO

September 2, 2025
Chip shortage to limit Namibia car sales in 2022

Chip shortage to limit Namibia car sales in 2022

February 10, 2022

Browse by Category

  • Africa
  • Agriculture
  • Analysis
  • Business & Economy
  • Columnists
  • Companies
  • e-edition
  • Finance
  • Finance
  • Fisheries
  • Green Hydrogen
  • Health
  • Investing
  • Latest
  • Market
  • Mining & Energy
  • Namibia
  • namibia
  • News
  • Opinions
  • Property
  • Retail
  • Technology
  • Tourism
  • Trade
The Brief | Namibia's Leading Business & Financial News

The Brief is Namibia's leading daily business, finance and economic news publication.

CATEGORIES

  • Business & Economy
  • Companies
    • Agriculture
    • Finance
    • Fisheries
    • Health
    • Property
    • Retail
    • Technology
    • Tourism
    • Trade
  • e-edition
  • Finance
  • Green Hydrogen
  • Investing
  • Latest
  • Market
  • Mining & Energy
  • namibia
  • News
    • Africa
    • Namibia
  • Opinions
    • Analysis
    • Columnists

CONTACT US

Cell: +264814612969

Email: newsdesk@thebrief.com.na

© 2026 The Brief | All Rights Reserved. Namibian Business News, Current Affairs, Analysis and Commentary

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Companies
  • Mining & Energy
  • Business & Economy
  • Opinions
    • Analysis
    • Columnists
  • Africa

© 2026 The Brief | All Rights Reserved. Namibian Business News, Current Affairs, Analysis and Commentary

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.