Dienda, Nawases-Taeyele clash over GIPF benefits

12 Jul 2019

POPULAR Democratic Movement member of parliament Elma Dienda and Swapo party chief whip and MP Evelyn !Nawases-Taeyele were at loggerheads in the National Assembly on Tuesday over the Government Institutions Pension Fund (GIPF) benefits for spouses and their children.

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GIPF reserves N$1.5 billion for data inaccuracies

11 Jul 2019

WINDHOEK - The Government Institutions Pension Fund (GIPF) says it has set aside N$1.5 billion in reserves to make provision for any inaccuracies with the current data set.

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Pension safe with GIPF – Iipumbu

24 Jun 2019

DEPUTY trade minister Lucia Iipumbu has advised civil servants to keep their pensions with the Government Institutions Pension Fund because it is state-guaranteed.

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Sibeya heads up GIPF’s Kuleni Fund Administrators

17 Jun 2019

WINDHOEK - The Government Institutions Pension Fund (GIPF) has confirmed the recent appointment of Selby Sibeya, as the new Chief Executive Officer of Kuleni Fund Administrators (Pty) Ltd, a wholly owned subsidiary of the GIPF as of 01 June 2019. Kuleni Fund Administrators was established to provide retirement fund administration services in the open market. It has also established a Preservation Fund, an Umbrella Fund and a Dependents Trust.

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GIPF appoints Kuleni Fund Administrators CEO

15 Jun 2019

The Government Institutions Pension Fund (GIPF) has announced the appointment of Selby Sibeya, as the new Chief Executive Officer of Kuleni Fund Administrators (Pty) Ltd, a wholly owned subsidiary of the GIPF as of 01 June 2019.

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GIPF invests in improved efficiency

07 Jun 2019

The Government Institutions Pension Fund (GIPF) says it has embarked on Business Process Improvement (BPI) project, which aims to improve efficiency in its operations.

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GIPF fund improves in 2018

06 Jun 2019

THE Government Institutions Pension Fund improved its market value by N$6,6 billion, up N$117 billion during the 2018/19 financial year compared to N$110,4 billion seen during the 2017/18 financial year.

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GIPF hosts second regional stakeholders consultative meeting in Opuwo

05 Jun 2019

The Government Institutions Pension Fund (GIPF) hosted the second regional stakeholders’ consultative meeting in Opuwo on May 23, under the theme ‘Global Excellence’. The meeting was initiated to engage and inform the fund’s members in the region on GIPF strategic initiatives, developments, processes, and deliberate on challenges members in the Kunene Region are facing. The consultative meeting was also necessitated by the outcry for more accessible GIPF services in Kunene.

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GIPF ready to serve

25 May 2019

STAFF REPORTER The Government Institutions Pension Fund (GIPF) will once again take part at this year’s Ondangwa Trade and Industrial Exhibition (OTIE) as part of its stakeholder engagement outreach programme.

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GIPF justifies loaning to government

10 May 2019

DOMESTIC investment regulations and the dominance of state debt on the local market compelled the Government Institutions Pension Fund (GIPF) to take up more government debt over the past years.

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GIPF plans N$7 billion investment

03 May 2019

The Government Institutions Pension Fund (GIPF) is planning to invest N$7.2 billion locally to achieve the 45 percent domestic asset requirement as mandated by the Namibia Financial Institutions Supervisory Authority’s (NAMFISA) regulation 13.

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Nikanor is GIPF’s new Strategy and Projects Manager

18 Apr 2019

The Government Institutions Pension Fund (GIPF) has confirmed the recent appointment of Desmond Nikanor as its Strategy and Projects Manager. Nikanor’s appointment is effective as of 01 April 2019.

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GIPF revises actuarial valuation policy

18 Apr 2019

The changing business environment has forced the Government Institutions Pension Fund (GIPF) to review its actuarial valuation policy which requires that it be conducted every 18 months to three years, as part of efforts to mitigate any potential risk the fund might face.

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GIPF pensioners to get 5% increase

04 Apr 2019

THE Government Institutions Pension Fund (GIPF) on Tuesday announced a 5% pension benefit increase for all its pensioners. The increase was effective 1 April 2019.

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N$700m pensioners money at risk

25 Mar 2019

THE Government Institutions Pension Fund is suing the South African company, Steinhoff Holdings International, for possible losses of around N$700 million invested in the company since 2014.

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GIPF wants beneficiaries' status verified

15 Mar 2019

THE Government Institutions Pension Fund has called for the verification of the status of recipients of monthly pension benefits, as well as the registration of new beneficiaries on their biometric system.

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A heart for people

15 Mar 2019

Ananias Newaka Nashilundo is a social services consultant and public health officer at the Government Institutions Pension Fund (GIPF). Nashilundo started working at GIPF on 21 September in 2009.

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GIPF urges verification of biometrics and annuitants

14 Mar 2019

WINDHOEK - The Government Institutions Pension Fund (GIPF) has urged all annuitants such as pensioners, children and spouses that receive a monthly pension benefit from GIPF to visit their nearest GIPF office to register for Biometrics.

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GIPF invests N$17,4m in housing development at Eenhana

28 Feb 2019

THE Government Institutions Pension Fund (GIPF) has invested N$17,4 million in housing aimed at low and medium income groups at Eenhana in the Ohangwena region.

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GIPF pumps millions into housing at Eenhana

28 Feb 2019

The Government Institutions Pension Fund (GIPF) has invested N$17.4 million in housing aimed at low- and medium- income groups at Eenhana in the Ohangwena region.According to the regional governor, Usko Nghaamwa, the housing development in Extension 6 will consist of 271 houses and will greatly...

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GIPF opens Eenhana office

28 Feb 2019

The Government Institutions Pension Fund (GIPF) has officially opened its satellite office at Eenhana to serve members in the Ohangwena Region.This ensures that GIPF members in the region will no longer have to travel long distances to Ondangwa and Oshakati

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GIPF opens Eenhana office

27 Feb 2019

WINDHOEK - The Government Institutions Pension Fund (GIPF) yesterday officially opened its branch in Eenhana, situated in Onawa complex, Tobias Harelbeke Street. The opening of the branch was necessitated by the outcry for more accessible services in the Ohangwena Region and it is aligned to the Fund’s overall corporate strategy.

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GIPF confident housing scheme will succeed

19 Feb 2019

The Government Institutions Pension Fund is confident that its investment in housing will succeed. The GIPF has invested N$1.38 billion in housing projects, N$600 million in financing for affordable housing and N$779 million in financing housing for all income groups.

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Robyn on the rise

08 Feb 2019

Robyn Nakaambo was born in Oshakati and raised in Windhoek and Bloemfontein.She holds a double major degree in media (public relations) and industrial psychology, which she obtained at the University of Namibia (Unam). Nakaambo is a communications officer for external stakeholders at Government Institutions Pension Fund (GIPF).

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GIPF nominates Nashandi to FNB's board

07 Feb 2019

THE Government Institutions Pension Fund (GIPF) has nominated I-Ben Nashandi to sit on the First National Bank of Namibia's board of directors.

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GIPF nominates Nashandi to FNB's board

07 Feb 2019

THE Government Institutions Pension Fund (GIPF) has nominated I-Ben Nashandi to sit on the First National Bank of Namibia's board of directors.

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GIPF urges members to update details

06 Feb 2019

THE Government Institutions Pension Fund is appealing to all its members to update the identity details of beneficiaries on the nomination forms to ensure that the forms have the correct information.

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GIPF members urged to update beneficiary nomination forms

31 Jan 2019

The Government Institutions Pension Fund (GIPF) has urged all members to visit their Human Resource officers from their respective institutions, to update their Beneficiary Nomination forms. Members must ensure that the names and date of births of their dependants (beneficiaries) and nominees accurately appear on the forms as they reflect on their national documents.

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New communications and stakeholder engagement manager at GIPF

23 Jan 2019

The Government Institutions Pension Fund (GIPF) has confirmed the recent appointment of Morna Ikosa as its new Communications and Stakeholder Engagement manager.

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GIPF to invest 45% of assets in local economy

31 Oct 2018

THE Government Institutions Pension Fund wants to invest about 45% of its total assets in the local infrastructure market by March 2019, the fund's chief executive officer, David Nuyoma said yesterday.

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Nuyoma shares secret of GIPF turnaround

31 Oct 2018

WINDHOEK - The turnaround strategies deployed by Government Institutions Pension Fund (GIPF) over the past five years were highly successful and have shown that with the right combination of factors, organisations can meet challenges head on, CEO David Nuyoma said yesterday.

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HangalaPrescient to drive investmentHangalaPrescient to drive investment

25 Sep 2018

HANGALA Prescient, which was launched roughly two weeks ago, is set to continue driving investment management activities in both the listed and unlisted asset management markets in Namibia.

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Annual Stakeholders’ Consultative Meeting

29 Jun 2018

Welcoming Remarks by Mr David Nuyoma, Ceo Of Gipf, During the Annual Stakeholders’ Consultative Meeting Held at Nampower Convention Centre On The 28 June 2018

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Annual Stakeholders’ Consultative Meeting 2018

29 Jun 2018

Remarks by Goms Menette, The Chairman of the GIPF Board of Trustees During The Annual Stakeholders’ Consultative Meeting Held at Nampower Conventio Centre On 28 June 2018

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David Nuyoma on transforming GIPF and DCP lessons

22 Jun 2018

When David Nuyoma was appointed the Chief Executive Officer at the Government Institutions Pension Fund (GIPF) in 2013, the Fund was worth about N$58 billion. Today, GIPF’s assets under management GIPF has grown to about N$113 billion as at the end of April 2018 and the Fund is by far the most significant player in terms of Namibia’s Gross Domestic Product (GDP).

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GIPF considers increasing local investments to stimulate economy

22 Jun 2018

During the last nine months, the Government Institutions Pension Fund (GIPF) has made 25 investments in the domestic economy, which in total is worth about N$485 million. Now, CEO of the fund, David Nuyoma, has expressed interest in increasing the local investments as well as fully delving into infrastructure investment to provide much-needed stimulation of the local economy.

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300 houses to be built at Rocky Crest

28 Apr 2018

A groundbreaking ceremony by the City of Windhoek yesterday marked the start of the Rocky Crest Extension 4 development, under which 300 houses will be constructed.

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GIPF to enhance members outreach programme

26 Apr 2018

The Government Institutions Pension Fund (GIPF) has embarked on a massive members outreach programme this year. “GIPF regards stakeholder engagement as a key aspect of its business strategy and as such we are therefore very pleased to announce and inform all our members and the general public about our upcoming activities and engagements,” the pension company says. “It is our duty to make sure that our members and the general public are informed and well educated about our roles and responsibili

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GIPF Position on Acquisition of MTC Shares

28 Mar 2018

The Government Institutions Pension Fund (GIPF) has been following with interest the recent reports and developments surrounding the MTC Shares in the local media and wishes to provide some clarity on this matter especially as it relates to the Fund’s involvement in the purchasing of these shares.

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THE Government Institutions Pension Fund (GIPF) has approved an increase of 5,5% to monthly pension payments with effect from 1 April 2018.

28 Mar 2018

This means that the GIPF will pay out roughly N$115,8 million monthly to 35 081 pensioners in 2018/19. Annually, the GIPF will pay out N$1,4 billion.

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Service delivery tops GIPF's agenda in 2018

19 Feb 2018

THE Government Institutions Pension Fund (GIPF) plans to prioritise service delivery premised on efficiency and effectiveness, its chief executive officer, David Nuyoma has said.

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GIPF opens Outapi regional office

16 Feb 2018

The Government Institutions Pension Fund (GIPF) opened a regional office in Outapi, in the Omusati region, this week. GIPF chairman, Goms Menette, officiated at the event.

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New Outapi GIPF office strategic

16 Feb 2018

THE recent opening of a new Government Institutions Pension Fund (GIPF) office in Outapi in the Omusati region will save fund members the trouble of travelling 90 kilometres to the nearest GIPF office in Oshakati.

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Government Institutions Pension Fund (GIPF)

13 Jun 2017

The Government Institutions Pension Fund (GIPF) is a defined benefits pension fund that provides guaranteed pension benefits to its members.

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GIPF invests in CRM software to enhance customer service

31 May 2017

The Government Institutions Pension Fund (GIPF) has invested in Customer Relationship Management (CRM) software and solutions that is expected to greatly enhance the institution’s customer service experience.

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GIPF denies bailing out govt

31 May 2017

GOMS Menette, the chairperson of the Government Institutions Pension Fund (GIPF), yesterday denied that they had come to government's rescue with the purchase of multibillion-dollar bonds recently.

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GIPF to appoint two directors to Capricorn board

16 May 2017

FOLLOWING the succesful finalisation of a transaction that sees the Government Institutions Pension Fund's transfer of the 25% shares they acquired in the Capricorn Group, the fund is now entitled to appoint two directors to the board of Capricorn Group.

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GIPF’s N$2 billion Capricorn deal approved

15 May 2017

The Government Institutions Pension Fund (GIPF), the largest institutional investor in Namibia, will fork out over N$2 billion to acquire a 25 percent interest in the issued ordinary shares of Capricorn Investment Group (CIG) Limited.

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GIPF INCREASES PENSION BENEFIT BY 7.0%

05 Apr 2017

At its meeting held on the 30th March 2017 the GIPF board of Trustees approved a pension increase of 7.0% for its pensioners effective 01 April 2017.

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GIPF TO BECOME SUBSTANTIAL SHAREHOLDER IN CAPRICORN GROUP

24 Mar 2017

We are pleased to announce that the Government Institutions Pension Fund (‘GIPF’), the largest institutional investor in Namibia, has made a successful bid to acquire a 25% interest in the issued ordinary shares of Capricorn Investment Group Limited

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GIPF LAUNCHES NEW B1 CITY CLIENT SERVICES SATELITE OFFICE

27 Jan 2017

The Government Insitutions Pension Fund (GIPF) this week launched their new refurbished client services area to the public and opened their B1 City Satelite office situated at the B1 highway shopping centre.

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