The much-anticipated GIPF Pension-Backed Home Loan Scheme will commence on Monday next week.
 

The Government Institutions Pension Fund (GIPF) has confirmed an impairment loss of N$815 million from its investment in the South African-based Signal Structured Finance Fund, following a tax dispute involving the South African Revenue Service.

The Minister of Finance, Ericah Shafudah, officially launched the Retirewise booklet in Windhoek.

An initiative by the Financial Literacy Initiative aims to enhance financial literacy and promote long-term financial well-being for all retirees.

The Government Institutions Pension Fund (GIPF) has announced its readiness to launch its pension-backed home loan scheme.

Conceptualised in 2016 and approved by various regulatory channels in 2018, the scheme will enable GIPF members to leverage their pension savings to acquire homes or purchase land.

The Trade Union Congress of Namibia has expressed concern over the Pension-Backed Home Loan Scheme by the Government Institutions Pension Fund (GIPF), which will be administered through two mediators. 

The Government Institutions Pension Fund (GIPF) has made progress in preparation for the implementation of the Financial Institutions and Markets Act (FIMA).

The Act is designed to reform and consolidate the regulatory framework for non-banking financial institutions and markets in the country.

Some workers of the government's green scheme, the Orange River Irrigation Project (ORIP) at Aussenkehr, have voiced frustrations over being excluded from the government pension, GIPF.

Some workers are members of the GIPF, while others are not, leading the workers to claim discrimination against them.

The Government Institutions Pension Fund (GIPF) has announced that its beneficiaries will receive their tax relief refunds on November 28, in line with the recently enacted Income Tax Amendment Act.

The Chief Executive Officer of the Government Institutions Pensions Fund (GIPF), Martin Inkumbi, has expressed satisfaction with the production at the Mashare Berries farm in the Kavango East Region.

Mashare Berries is one of the projects funded by GIPF. 

The Government Institution Pensioners' Association in Namibia (GIPAN) has rejected the five percent annual pension increase by the Government Institution Pension Fund.

The Chairperson of GIPAN, Raphael Pieters, argued that the increment is 0.46 percent less than the previous financial year.