Namibia: Gipf Says Pension Money Is Safe

21 September 2020

Despite their advice telling the public to stay away from Baobab Capital and its investment vehicle, Namfisa remains tight-lipped on irregularities committed by the capital mobiliser.

The Namibian Financial Institutions Supervisory Authority (Namfisa) advertised last week it is in the process of deregistering an unlisted space capital mobiliser, Baobab Capital, and its investing vehicle, Baobab Growth Fund.

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