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Namibia: Opposition demands answers as GIPF loses over N$800 million in offshore investments – News

Namibia: Opposition demands answers as GIPF loses over N0 million in offshore investments – News

Africa Links 24 with Martin Endjala
Published on 2025-11-03 17:00:00

Opposition parties are demanding answers after the Government Institutions Pension Fund (GIPF) reportedly lost about N$815 million in underperforming offshore investments, raising concerns over accountability and pension fund management.

The concern follows reports that the GIPF could lose close to N$1 billion, including an “irrecoverable” N$815 million put in the hands of a South African investment firm.

This investment was made through a company called Signal Structured Finance…

Read the Full article on The Namibian

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