FirstRand Namibia, union agree on 5.71% wage increase
FirstRand Namibia and the Namibia Bank Workers Union (Nabwu) have signed a wage agreement that will see employees in the bargaining unit receive an average salary increase of 5.71%. The increase will take effect from 1 August 2026 and will be implemented according to the company’s pay-for-performance policy. The agreement was signed on Thursday by... The post FirstRand Namibia, union agree on 5.71% wage increase appeared first on New Era .
FirstRand Namibia and the Namibia Bank Workers Union (Nabwu) have signed a wage agreement that will see employees in the bargaining unit receive an average salary increase of 5.71%. The increase will take effect from 1 August 2026 and will be implemented according to the company’s pay-for-performance policy.
The agreement was signed on Thursday by FirstRand Namibia’s chief people officer, Moses Iinane, and Nabwu president, Zocks Nghikundwavali.
