GIPF invests N.dollars 10 million in WinSalt Manufacture

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The Government Institutions Pension Fund (GIPF) has announced an investment of N.dollars 10.167 million into WinSalt Manufacture (Pty) Ltd, towards the manufacturing of animal feed and nutrition blocks for livestock.

WinSalt Manufacture is a 100 per cent Namibian owned company and was established in 2018 to manufacture animal mineral salt blocks, and water softening blocks and tablets for both industrial and home use. The company is situated in Walvis Bay.

In a media statement issued on Tuesday, GIPF Chief Executive Officer (CEO) David Nuyoma said the company saw an opportunity in the agricultural industry through animal feed and nutrition blocks, therefore decided to invest N.dollars 10.167 towards manufacturing the nutritious salt blocks for all livestock.

The nutritious salt blocks are manufactured from ingredients like pure salt, seaweed, apple, carrot, garlic, cherry, moringa, cobalt iodine, trace minerals, sulphur, aniseed, selenium, aloe and tannin inhibitor.

These blocks are said to be cost-effective for farmers, weather-resistant, contain zero sediment and molasses (sugar) and improve animal nutrition and health, the statement reads.

“The WinSalt Manufacture (Pty) Ltd blocks are made from raw materials that are sourced locally. The blocks are highly recommended as they allow the animals to regulate their own salt and mineral intake per lick. The blocks have proven to be popular on cattle and livestock farms in Europe, the Americas, Asia and Australia,” stated Nuyoma.

Nuyoma further appealed to all GIPF members and the public to watch the impact of the WinSalt Manufacture (PTY) Ltd investment and testimonies on One Africa, NBC and on all GIPF social media platforms between 09 and 17 September 2021.

Source: The Namibia Press Agency