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Author: Maihapa Ndjavera (Maihapa Ndjavera )

Home Maihapa Ndjavera
GIPF labels domestic markets shallow for investment
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GIPF labels domestic markets shallow for investment

While remaining committed to supporting the domestic market by investing in viable corporate bonds when they become available, the Government Institutions Pension Fund (GIPF) has lamented the number of local investment options, noting the Namibian market is still shallow, with limited investment products and issuers. 

Medical aid industry remains financially sound
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Medical aid industry remains financially sound

The country’s medical aid industry reported a net deficit for the third quarter of 2022, yet remained well capitalised as it held a high percentage of free assets as at 30 September 2022. Additionally, the industry’s reserves level exceeded the minimum prudential reserves level requirement of 25% and is thus deemed to be financially sound.