Namdeb Diamond Corp and MUN sign wage agreement

INDHOEK: The management of the Namdeb Diamond Corporation and the Mineworkers’ Union of Namibia (MUN) signed a wage agreement on Saturday after a two-week strike which almost crippled the diamond industry.

The company lost nearly N.dollars 160 million in income since the strike commenced on 02 August 2014.

Close to 800 workers participated in the strike after wage negotiations deadlocked.

MUN’s Namdeb branch secretary for Information and Publicity, Mathew Nangombe told Nampa today that the Deputy Minister of Labour and Social Welfare, Alpheus Muheua acted as mediator when the agreement was signed at the ministry’s offices in Windhoek.

Nangombe said the three-year wage agreement included a 10 per cent salary increase across-the-board for 2014, and eight per cent for 2015 and 2016, respectively; an increase in the housing allowance of 14 per cent for 2014; another 12 per cent for 2015, and 10 per cent for 2016.

The company’s contribution to the workers’ Medical Aid Scheme has also been increased to 80 per cent, meaning employees will now only contribute 20 per cent.