A collapse in business at the northern border town of Oshikango has resulted in more retrenchments as several companies struggle to remain afloat in the wake of a suspended currency-conversion agreement.
The latest figures submitted by the Namibia Food and Allied Workers Union’s (Nafau’s) Oshikango branch alone indicate that over the past two months close to 50 workers were laid off by two companies, with more companies expressing intentions to retrench workers.
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