Africa-Press – Namibia. The Government Institutions Pension Fund (GIPF) has recorded a 9% growth in assets under management, which increased to N$183 billion in 2025, up from N$167 billion the previous year.
The growth highlights the Fund’s continued financial resilience and prudent investment management. The performance was announced during the launch of the GIPF Integrated Annual Report in Oshakati, where stakeholders were briefed on the Fund’s financial position and outlook.
GIPF board chairperson Penda Ithindi said the growth reflects sound governance and a long-term approach to safeguarding members’ savings.
“The Fund remains financially strong, and this growth confirms our commitment to protecting members’ benefits while ensuring long-term sustainability,” he said.
The Fund generated net investment income of N$17 billion during the year, while benefits paid amounted to N$6.8 billion against contributions of N$5.3 billion.
In addition, GIPF delivered a real return of 6.4%, supported by strong performance in Namibian and South African equities, although unlisted investments lagged due to stale valuations.
A deviation of 7.02% from the Strategic Asset Allocation was recorded, largely due to the illiquid nature of alternative assets.
“These results show the strength of a diversified portfolio that can withstand market pressures while still delivering value to members,” he stated.
In the 2024/25 financial year, the Treasury division safeguarded N$48.2 billion of members’ assets through a balanced mix of bonds, money market instruments and strategic equities.
This ensured adequate liquidity for benefit payments while supporting long-term capital preservation.
Performance in the Namibian bond market was particularly strong, reinforcing the Fund’s ability to meet its obligations reliably and on time, while strengthening oversight of members’ savings.
“Our treasury strategy prioritises liquidity and stability to ensure members receive their benefits when due,” Ithindi said.
He noted that, through these activities, GIPF continued to play an active role in developing Namibia’s financial markets, reinforcing its position as both a pension fund and a contributor to economic growth.
He said, over the past 13 years, the Fund has channelled more than N$7.78 billion into Namibia’s real economy, supporting development and investment across key sectors.
“We are proud of the role the Fund plays in national development while remaining focused on our primary responsibility to members,” Ithindi said.
Looking ahead, the Fund will focus on extracting greater value from its portfolios, improving the performance of unlisted assets, and strengthening the integration of environmental, social and governance as well as climate-aware principles.
Strengthened oversight and closer engagement with investment partners will support consistent long-term returns and ensure the continued protection of members’ savings.
“Our goal is to deliver sustainable, long-term value for members while contributing positively to Namibia’s future,” Ithindi said.
For More News And Analysis About Namibia Follow Africa-Press
