Following a disagreement over salary increments between Netbank Namibia and its employees on Thursday, leading to a demonstration by the employees, the Namibia Financial Institutions Union (NAFINU) and Nedbank Namibia have finally reached an agreement after a roundtable discussion.

Both parties have agreed to further discuss the employees' demands regarding salary increments and other obstacles they have raised.

The National Youth Service has reiterated that the organization did not withhold the guards' salaries deliberately as alleged.

This follows a demonstration by the NYS guards earlier this week demanding full salary payment.

In a media statement, the NYS said the salaries were paid upon receipt of payment of invoices by the client as NYS solely relies on payments from clients from which the employees are remunerated.