Standard Bank Namibia today signed a recognition and procedural agreement with the Bank Worker’s Union of Namibia (BAWON).
The purpose of the agreement is to establish and maintain an orderly collective bargaining relationship between Standard Bank Namibia Limited and its employees, represented by the BAWON.
The relationship that goes as far back as 1994 has seen its fair share of challenges and now the two parties look forward to seeing that relationship grow.
The agreement also aims to establish and maintain equitable working conditions, foster and promote good relationships between Standard Bank and its employees as well as facilitate the effective and equitable settlement of disputes that arise.
“With this agreement employees are given the assurance that their interests will be protected and driven by a representative body that will strive to create the best possible conditions whilst recognising the need for sound labour relations and enhance a relationship of trust with its employer,” said the Chief Executive of Standard Bank Namibia, Mpumzi Pupuma.
He added that BAWON is recognised by Standard Bank Namibia as the sole bargaining party on behalf of its employees.
Secretary General of BAWON, Thomas Muchima explained that although BAWON currently has no members from other Banks, it is planning to expand soon but admits competition from other unions such as Namibia Bank Worker’s Union (NBWU) does provide its challenges.
Muchima meanwhile warned employees to refrain from participating in dual membership with other unions, which he states, according to the Labour Law is illegal.
The Union Secretary General is also hopeful that many challenges that he could not disclose would be solved as their relationship with Standard Bank Namibia progresses.