Displaying items by tag: Mineworkers Union of Namibia
Cheetah Cement and union reach wage agreement
09 November 2022Namibia: The Mineworkers Union of Namibia (MUN) and Cheetah Cement yesterday reached a wage agreement to end a strike that has crippled the company’s Otjiwarongo plant for the past three months. A total of 80 Cheetah Cement’s employees, which is the trading name of the Chinese-owned company Whale Rock Cement (WRC), had been striking after the company and the MUN failed to reach an agreement in negotiations about wage increases and improved conditions of service.
The agreement will see all workers receive a 5% increase in salary, as well as a 5% increase in housing allowances. “We would like to place on record that the company's generous offer is not based on an admission of affordability but rather a commitment to bring an end to the prolonged wage dispute,” said WRC’s general manager Kevin Lee said in a statement.
Other increases include the company paying 80% of employees’ medical aid contributions, the introduction of a new pension fund in January 2023 and back-pay for 12 months at employees’ new rates, to be paid by the company within 14 days.