Broll Namibia, a subsidiary of the Ohlthaver & List (O&L) Group, and the Workers Council have signed a two-year wage agreement, effective from 1 July 2024 to 30 June 2026. 

Karen Keys, managing director of Broll Namibia, said the primary objectives of the negotiations were to enhance financial stability, improve employee satisfaction and strengthen company values. 

By structuring wage agreements that align to achieve EBIT targets by 2029, the company ensures the long-term financial health of Broll Namibia as a strategic priority, she said. 

“This agreement is a testament to our dedication to being recognised as a top global employer, aiming for a Great Place to Work (GPTW) Global Top 10 ranking. Ensuring fair and competitive wages is a critical component of this goal, reflecting our core values of being authentic, caring and passionate,” mentioned Keys.

She further revealed the new agreement promises improved financial well being, enhanced job satisfaction and a stronger alignment with the O&L Persona values. This focus on employee welfare is crucial in fostering a motivated and engaged workforce, which is essential for long-term success.

The Workers Council is a representative body for the bargaining unit, ensuring employee interests are addressed. It provides the same rights and representation as a union in disputes. 

“The new wage agreement will further enhance employee morale and productivity. This positive work environment will enable us to continue delivering exceptional value to our clients and stakeholders,” stated Magdalena Tjangura, a representative of the Workers Council. 

She added: “I have been an employee of Broll Namibia for many years, and we are proud of the fact that we could yet again secure the wage agreement amicably, and to the benefit of all stakeholders.”

The recent acquisition of 100% ownership of Broll Namibia by the O&L Group marks
a significant milestone, providing new opportunities for growth and innovation within the property management sector.