STAFF WRITER
The Meat Corporation of Namibia (Meatco) and the Namibia Food and Allied Workers Union (NAFAU) have agreed on a salary increase of 5% for the financial year 2026/27.
According to a statement released by the both parties on Tuesday this will be followed by another increment of 6.5% in the financial year 2027/28.
This will also be followed by 2027/2028.
The parties said they have reached agreement on a two-year wage agreement aimed at balancing employee welfare, business sustainability, and long-term operational stability.
The agreed package will also include housing allowance increase of N$200.00 per month, no increase to cold Allowance in the first year and
no increase to housing allowance as well as no increase to cold allowance in the second year.
Speaking on behalf of Meatco, Interim Chief Executive Officer, Albertus Aochamub welcomed the conclusion of the negotiations and commended the spirit in which the process was conducted.
“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. We appreciate the constructive engagement demonstrated throughout the negotiations and believe the outcome provides certainty and stability for the next two financial years while supporting the Company’s ongoing turnaround and growth initiatives,” he said.
NAFAU Deputy General Secretary, Willem Absalom also welcomed the agreement and acknowledged the cooperative approach adopted by all parties.
“NAFAU is pleased that the negotiations were concluded amicably and through meaningful engagement. The agreement represents a balanced outcome that protects the interests of workers while recognising the current operational realities facing the Company. We appreciate the willingness of the parties to engage in good faith and to reach common ground,”he said.
Both parties reaffirmed their commitment to maintaining sound labour relations, promoting productivity and working collaboratively toward the continued success and sustainability of Meatco.
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