Standard Bank, union reach negotiation deadlock

Contributed by NAMPA.

WINDHOEK, 20 FEB (NAMPA) – Wage and benefits negotiations between the Bank Workers Union of Namibia (BAWON) and Standard Bank Namibia for the 2017/2018 financial year have reached a deadlock.
The two negotiating parties declared a deadlock after the bank refused to agree to a proposed eight per cent wage increase by the union.
BAWON’s national coordinator, Chiteta Kaleji told a media conference on Wednesday, the union proposed an eight per cent basic salary increase across the board, however, St ...