29
May
Martin Endjala Prime Minister Saara Kuugongelwa-Amadhila has declared the Government Institutions Pension Fund a catalyst for economic growth, given its huge investment to the country’s social and financial development as it provides returns to Namibia. The Prime Minister stated that the fund has invested 50 percent of its fund value at an estimated amount of N$75 billion, making it the largest fund investor individually towards the economy of the country in terms of infrastructures, housing, and other strategic sectors of the economy since its inception in 1989. Kuugongelwa-Amadhila delivered a speech during the launch of the GIPF Strategic Plan of…