Also known as: GIPF · GIPF's
Namibian pension fund serving 105,593 active members and 53,504 pensioners with N$183 billion in assets as of 2024/25.
Bank BIC Namibia has appointed Erastus Hoveka as chief executive effective February 2, bringing three decades of financial services experience in retail, corporate, investment banking and development finance. The bank also appointed two new non-executive directors and says Hoveka will lead efforts in digital banking, customer service and economic empowerment.
1 February 2026 · The Namibian →
Bank BIC Namibia has appointed Erastus Hoveka as chief executive effective February 2, bringing three decades of financial services experience in retail, corporate, investment banking and development finance. The bank also appointed two new non-executive directors and says Hoveka will lead efforts in digital banking, customer service and economic empowerment.
1 February 2026 · The Namibian →
Political analysts say the government is overloaded with overlapping committees and advisers that duplicate work and delay service delivery. Critics argue the new Swapo think tank, comprising 37 appointed members, lacks independence and will produce little meaningful output, while a defending analyst says such bodies can help the party and government reassess decisions and plans.
20 January 2026 · The Namibian →
Owen Sikanda, Head of Benefits Administration at the Government Institutions Pension Fund (GIPF), has completed 15 years of service since joining in August 2010, progressing through roles including Client Service Consultant and Senior Administrator: Data Management. He holds multiple qualifications in management and business administration and emphasises teamwork, discipline and mentorship in his approach to service delivery.
16 January 2026 · Namibian Sun →
The Government Institutions Pension Fund has commenced its Pension Backed Home Loan Scheme with N$900 million committed to help members buy, build, or renovate homes. The scheme, administered by First Capital Treasury Solutions and Kuleni Financial Services, has drawn mixed reactions from civil servants over interest rates and concerns about communal land rights registration, with initial access limited to active government employees and those on disability.
13 January 2026 · New Era →
The Government Institutions Pension Fund has begun offering a home loan scheme that allows qualifying members to use up to 33.33% of their pension savings as collateral for housing loans, with repayments and interest returning to members' accounts. The scheme carries a variable interest rate of 9% (the Bank of Namibia's repo rate of 6.5% plus 2.5%) and is available to active government employees and members on disability.
13 January 2026 · The Namibian →
The Government Institutions Pension Fund's Pension-Backed Home Loan Scheme officially launches today, allowing active government employees and members on disability to use pension savings as collateral for purchasing or improving homes in urban and rural areas. The scheme is administered by First Capital Treasury Solutions and Kuleni Financial Services, and excludes loans for debt consolidation, appliances, livestock, and vehicles.
12 January 2026 · New Era →