GIPF assets grow to N$58.8 billion

THE value of assets owned by the Government Institutions Pension Fund (GIPF) grew to N$58.8 billion as of 31 December 2012. The Chief executive Officer (CEO) of the GIPF, David Nuyoma, said the assets amount to 61 percent of the Namibian GDP, 75 percent of the total market value of the investments of the financial services sector.

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