Govt pension fund assets grow to N$167 billion
The assets of the Government Institutions Pension Fund (GIPF) have grown to N$167 billion. The fund has received a total of N$4.8 billion in contributions, while N$6.3 billion was disbursed in benefits to active annuitants. Speaking during the launch of the fund’s report, GIPF board chairperson Penda Ithindi said it…