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Published on 2025-11-11 17:00:00
About N$45.3 million of the Government Institutions Pension Fund’s (GIPF’s) N$278-million investment in Mashare Irrigation and Mashare Berries Farming is likely unrecoverable, according to documents.
The national pension fund made a N$278-million investment in 2018 through Spitz Capital which is managed by Königstein Capital.
According to a 12-page report presented to the GIPF board of trustees on 24 September, the potential loss is due to a decline in the value of the…
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 N$278-million investment in Mashare Irrigation and Mashare Berries Farming is likely unrecoverable, according to documents.){kind=link}