Namibia Breweries Limited (NBL) and the Namibia Food and Allied Workers Union (NAFAU) have signed an 18-month substantive wage agreement for the period 1 July 2024 to 31 December 2025.
As part of the agreement, with effect from 1 July 2024, all bargaining unit employees will receive a wage increase of 2.5% on basic salaries from July to December 2024 and 6% on basic salaries from January to December 2025.
Additionally, a housing allowance will be provided to employees.
According to the wage deal, NBL will continue with the current incentive scheme that will enable employees in the bargaining unit to earn an additional bonus equal to a monthly salary during the financial year.
“NAFAU is elated and glad to have signed the substantive agreement with NBL in terms of wages and conditions of employment. Collective bargaining is the cornerstone of trade unionism, and this increment indicates the willingness of both parties to address economic challenges affecting employees, especially the aspect of housing. This agreement is a win-win situation for both parties, and we would like to urge our members to be more productive than ever before,†NAFAU’s Regional Coordinator Lister Tawana said.
NBL Managing Director, Peter Simons, said, “My sincere gratitude goes out to the negotiation team from both the union and the business for the swift deliberations in which we concluded the wage negotiations. This speaks to our mutually beneficial consensus reached in the interest of our employees and the company, further demonstrating our commitment towards our people and the success of our business.â€
