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Namibia: Amupanda calls for urgent public hearing over GIPF’s millions lost in foreign investment – News

Namibia: Amupanda calls for urgent public hearing over GIPF’s millions lost in foreign investment – News

Africa Links 24 with Eliaser Ndeyanale
Published on 2025-11-16 17:05:37

Affirmative Repositioning leader and member of the parliamentary standing committee on public accounts Job Amupanda has called for an urgent public hearing over millions in investment reportedly lost by the GIPF.

The fund had confirmed an impairment loss of N$815 million on a foreign investment in South Africa, but stressed that the loss remains below its materiality threshold and does not threaten its financial stability.

However, in a letter addressed last Thursday to committee…

Read the Full article on The Namibian

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