Namibia: New Investments Safe, Says GIPF

UNLISTED investments, and the role the Government Institutions Pension Fund has to play in developing Namibia's economy through these investments, were defended fiercely at the GIPF's annual stakeholders conference.

Describing 2010 as the GIPF's "annus horribilis" or horrible year on Thursday night, fund trustee Gordon Elliott said the N$4-billion-strong new unlisted investment policy was designed to "avoid the pitfalls of the failed Development Capital Portfolio (DCP)".

...

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.