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Namibia: GIPF faces N$1-billion loss after underperforming offshore investments in SA – News

Namibia: GIPF faces N-billion loss after underperforming offshore investments in SA – News

Africa Links 24 with Shania Lazarus
Published on 2025-11-02 06:00:00

The Government Institutions Pension Fund (GIPF) is at risk of losing around N$1 billion after a series of underperforming investments, including an “irrecoverable” N$815 million placed with a South African investment firm.

The investment, made through a company called Signal Structured Finance Fund, was managed by South African-based TriAlpha Investment Management as part of GIPF’s offshore portfolio.

However, the value of the investment has since dropped sharply, prompting the…

Read the Full article on The Namibian

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