Government Institutions Pension Fund (GIPF)

Government Institutions Pension Fund (GIPF) chief executive officer David Nuyoma, accompanied by the manager of listed investments, Leevi Tshoopara, paid a courtesy visit on 21 January 2022 to the offices of Sisedi Investment Group, previously called Euboea Investment Group. They are one of six investment managers on the GIPF incubation programme. The name Sisedi means “From Us” and it is one of the few women-owned and -managed investment firms in Namibia. Their mandate of South African listed equities commenced during September 2019 and the portfolio has grown to approximately N$902 million by mid-January 2022. The portfolio manager, Yvonne Mwilima, briefed the delegation on the operational and investment-related challenges the company has experienced. She also highlighted the resilient investment process they follow to ensure that the assets invested are guarded and grown. Nuyoma stressed the need for all asset managers to be vigilant and to ensure that all controls are enforced vigorously to protect and grow the assets.

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