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March 22, 2023
Finance (391)
GIPF’s member education heads to Omaheke Region
October 07, 2021
The Government Institutions Pension Fund (GIPF) says it will be taking its member education campaign to the Omaheke Region, as it seeks to fulfil its mandate to ensure that its members are knowledgeable about their benefits and how the Fund operates.
Credit extended to the private sector slows in August
September 29, 2021
Credit extended to the private sector slowed to 2% at the end of August 2021 from a growth of 3% at the end of July 2021, a decline attributed to a decrease in demand for credit by businesses.
GIPF a catalyst for change in the Namibian investment management industry
September 28, 2021
Catalyst Investment Managers, is one of six managers who are a part of the Government Institutions Pension Fund (GIPF) incubation programme, which commenced in 2019, aimed at addressing the need for active beneficial participation of Namibian professionals in the asset management industry, expand on their capacity within Namibia and bring in expertise with the necessary skills to mainstream asset management.
Capricorn Group posts N$983m profit
September 18, 2021
Namibian Stock Exchange listed, Capricorn Group Limited released its annual financial results for the year ended 30 June 2021, with profit after tax increasing by 14.8% to N$983.0 million. The listed Group’s net interest income before impairment charges increased by 3.3% to N$2.26 billion for the period under review.
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EIF mobilizes N$1.7 billion towards sustainable investments
September 16, 2021
Over N$1.7 billion, mostly from multilateral and developmental funding institutions and partners has been mobilized by the Environmental Investment Fund of Namibia (EIF) to date, towards investing in innovation, which contributes towards achieving sustainable development in the country.