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TransNamib Wage Deal.

Asia Africa Intelligence Wire

| October 21, 2005 | COPYRIGHT 2005 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From The Namibian - AAGM)

Byline: Christof Maletsky

TRANSNAMIB and the Namibia Transport and Allied Workers' Union (Natau) have agreed on a salary increase of between 4,5 per cent and nine per cent.

The transport parastatal announced yesterday that the workers in bargaining units A1 to C4 level would receive an additional N$15 on their transport allowance.

TransNamib Chief Executive Officer John Shaetonhodi said the company had to consider the impact of higher wages on its growth and long-term sustainability.

The union understood the critical but challenging times faced by the transport parastatal, he said.

Shaetonhodi said TransNamib briefed the union on its plans to cut costs and increase income, and ...

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