Meat Corporation of Namibia and the Namibia Food and Allied Workers Union have concluded a two-year wage agreement that will see bargaining unit employees receive salary increases of 5% in the 2026/27 financial year and 6.5% in 2027/28.
The agreement follows wage negotiations between Meatco management, the union and the company’s shop stewards committee.
Under the agreement, employees will receive a 5% across-the-board basic salary increase for the 2026/27 financial year, together with a N$200 monthly increase in housing allowance. There will be no increase in the cold allowance.
For the 2027/28 financial year, workers will receive a 6.5% across-the-board salary increase, while housing and cold allowances will remain unchanged.
Meatco Interim Chief Executive Officer Albertus Aochamub said the agreement was aimed at balancing employee welfare with the company’s operational sustainability.
“This agreement reflects the commitment of both management and organised labour to work together responsibly in the interest of employees, operational stability and the long-term sustainability of Meatco,” Aochamub said.
He said the outcome provides certainty for the next two financial years while supporting the company’s turnaround and growth plans.
NAFAU deputy general secretary Willem Absalom said the negotiations were concluded amicably through meaningful engagement between the parties.
“The agreement represents a balanced outcome that protects the interests of workers while recognising the current operational realities facing the company,” Absalom said.
Both parties said they remain committed to maintaining stable labour relations and improving productivity as Meatco continues efforts to strengthen operations and ensure long-term sustainability.
