Friday, July 31, 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
DSTV WC26 Campaign
Home Companies

Hangana Abalone & NAFAU reach wage agreement after prolonged talks

by editor
August 27, 2023
in Companies
6
A A

Hangana Abalone and the Namibian Food and Allied Workers Union (NAFAU) have reached a wage agreement after two years of negotiations and an unresolved conflict.

The dispute, which arose from wage-related concerns, reached an impasse and was referred to the Office of the Labour Commissioner for intervention.

The signed agreement entails a 13% basic wage increase for the financial years 2023-2024, along with a one-time backpay of N$ 2765.00 per employee for the period from July 1, 2022, to June 30, 2023.

“We are proud to have reached this agreement without external mediation, demonstrating our mutual dedication to finding a win-win solution. This experience serves as a lesson for us all, highlighting the importance of early and productive dialogue to prevent future disputes. Our collective success is intertwined, and we must uphold our responsibilities as employees while fostering the growth of the company,” said Jacob Penda, NAFAU Secretary-General.

Herman Theron, Managing Director of Hangana Abalone, said, “the conclusion of these wage negotiations is a testament to our commitment to our workforce. We recognize that our employees are the heart of our success, and without them, we would not be the high-quality Namibian product we aspire to be. This process has reinforced the significance of building trust-based relationships between the business and our valued employees.”

“We now shift our focus to building a stronger, more sustainable business. This agreement is a pivotal step in our journey to create a thriving future for both Hangana Abalone and our dedicated workforce.”

Hangana Abalone Farming is a subsidiary of the Ohlthaver & List Group (O&L).

 

author avatar
editor
See Full Bio
Previous Post

Xi Jinping pledges investment support for Namibia’s clean energy sector

Next Post

Trigon Metals produces first copper concentrate at Kombat Mine

Must Read

Windhoek approves N$1.7 billion building plans in six months
Latest

Ausblick, Academia to face biggest rates increases under Windhoek’s new tariffs

July 19, 2026
Portrait of a smiling woman with curly dark hair wearing a red blouse, standing between potted plants in an office-like setting.
Finance

Capricorn Private Wealth appoints Elize Smith as new Head

May 6, 2026
Sintana eyes NSX listing, appoints IJG adviser
Companies

Sintana eyes NSX listing, appoints IJG adviser

April 14, 2026
Savanna Beef secures export approval to UK, EU and EFTA markets
Agriculture

Savanna Beef secures export approval to UK, EU and EFTA markets

April 9, 2026
Momentum Metropolitan Namibia appoints Evangelina Nailenge Executive:Retail Distribution
Companies

Momentum Metropolitan Namibia appoints Evangelina Nailenge Executive:Retail Distribution

April 6, 2026
Standard Bank Namibia appoints Allvan Farmer as Chief Information Officer
Companies

Standard Bank Namibia appoints Allvan Farmer as Chief Information Officer

March 10, 2026
Load More

Related News

Achieving financial freedom: A journey inspired by Namibia’s Independence

Achieving financial freedom: A journey inspired by Namibia’s Independence

March 17, 2023
Mines ministry demands more CSR investment from Miners

Mines ministry demands more CSR investment from Miners

March 27, 2023
OES becomes first Namibian wood-chip biomass firm to meet EU standards

OES becomes first Namibian wood-chip biomass firm to meet EU standards

October 30, 2025

Browse by Category

  • Africa
  • Agriculture
  • Analysis
  • Business & Economy
  • Columnists
  • Companies
  • 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
  • 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.