FNB and NBWU negotiations reach a deadlock

Lawrence Ihuhua, Secertary General of the NBWU. (Photograph by Lorato Khobetsi)The ongoing salary and benefit negotiations between the Namibia Bank and Allied Workers Union (NBWU) and FNB for the 2013/14 financial year has reached a new high.
According to Lawrence Ihuhua, Secertary General of the NBWU, the Union has decided to reject the        7% increment and slight increase in other benefits offered by the Bank and demands that the bank increase its offer to 12% plus other benefits such as housing and transport.
“It is now time for us as the bargaining union to put pressure on the bank to begin and to make a substantive move from their unrealistic offer of 7% and a slight meaningless increase in benefits. The Union has rejected all these offers from the bank in its totality,” he said.
He said that the bank finds it difficult to meet the union’s offer and this posed challenges during the negotiations, however the union believes that its members deserve more