Mashare Berries

GIPF investee harvests first blueberry crop

GIPF investee harvests first blueberry crop

Staff Writer The Government Institutions Pension Fund (GIPF) has announced the first large-scale Namibian commercial blueberry harvest, produced by the Mashare Berries project, which forms part of the Spitz Capital Fund anchored in the GIPF unlisted investment programme. The fund has invested N$90 million into the blueberry production project that is situated 50km east of Rundu on the banks of the Kavango River. This aims to harvest an estimated 150 tons of blueberries between July and October 2020. In a statement, the GIPF announced that the blueberry project supports its investment strategy of selecting high value crops for export to…
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