Tag: Asset Losses


  • What N$1.5 Billion Losses Mean for Namibia’s GIPF Pension Fund

    What N$1.5 Billion Losses Mean for Namibia’s GIPF Pension Fund

    Overview: Why N$1.5 billion matters for GIPF The Government Institutions Pension Fund (GIPF) of Namibia revealed that nearly N$1.5 billion in its investments have lost value since 2008, a figure that includes the N$1 billion reported by The Namibian in November. For current and former public servants who rely on GIPF for retirement income, these…