GIPF adamant that despite Baobab blacklisting by NAMFISA funds remain safe and sound

The Government Institutions Pension Fund (GIPF) is adamant that despite the blacklisting by NAMFISA of one of the investment vehicles it uses, the funds still remain safe and sound. This reassurance was given by GIPF's CEO David Nuyoma, following the de-registration of Baobab Capital and Baobab Growth Fund by the Namibia Financial Institutions Supervisory Authority.