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Trade unions share profits with Metropolitan |
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Written by Staff Reporters
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Metropolitan has a profit sharing
programme with four trade unions, which is based on good returns on
their investments, said Rudolph Himarua, its National Sales Manager. The unions received their share of the
profit, which amounted to a total of N$610 000, which was divided
equally amongst them.
The unions are the Teachers Union of
Namibia (TUN), the Namibia National Teachers Union (NANTU), the
Namibia Public Workers Union (NAPWU) and the Public Services Union of
Namibia (PSUN).
Himarua said, against the business
scenario and achievements in a volatile marketplace with continuous
economic and competition pressures, Metropolitan shares its dividends
from the collective investments. He said most trade unions doing
business with Metropolitan have been benefiting on a monthly
commission.
Himarua said, “We trust that you
would use and apply your money wisely and be assured of our usual
commitment, support and cooperation to an improved service delivery
at all times.”
He suggested that the unions and
Metropolitan needed to schedule meetings to discuss future profit
sharing statuses of each client separately.
NANTU received the largest dividends of
N$500 000, PSUN got N$50000, NAPMU got N$50000 and TUN received
N$10000.
Elsabe Horn, Metropolitan's Public
Relations Practitioner, said the profit sharing scheme has been in
operation since 2000 and has resulted in nearly N$2 million being
handed over to trade unions basing on their investments.
She said the company is satisfied with
the returns made and pleased to plough back profits to partner trade
unions.
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