Also known as: GIPF Chief Executive Officer Martin Inkumbi
Chief Executive of the Government Institutions Pension Fund, advocating for improved financial reporting transparency in April 2026.
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The Namibian
GIPF chief executive Martin Inkumbi says the strategy requires adaptability and resilience in a changing environment
“GIPF chief executive Martin Inkumbi says the strategy requires adaptability and resilience in a changing environment while maintaining focus on its members.”
GIPF pumps N$800m into Oryx PropertyThe Namibian
GIPF chief executive Martin Inkumbi described the distribution as evidence that patient capital and sound governance can generate financial returns and developmental impact
“GIPF chief executive Martin Inkumbi described the distribution as evidence that patient capital, sound governance and strategic partnerships can generate both financial returns and developmental impact.”
Property fund distributes N$22m to GIPFWindhoek Observer
Martin Inkumbi, GIPF chief executive officer commended the strength of the partnership and its role in delivering financial and developmental outcomes
“GIPF chief executive officer, Martin Inkumbi, commended the strength of the partnership and its role in delivering both financial and developmental outcomes.”
Tunga Fund distributes N$21.6m to GIPFWindhoek Observer
Martin Inkumbi stated GIPF is prohibited by FIMA from deducting damages from misconduct from member pension benefits
“"GIPF is prohibited by FIMA to withhold or deduct any damages or financial loss suffered by the employer resulting from theft, fraud, dishonesty, or misconduct of the employee or member from the member's pension benefits," he stated.”
FIMA blocks employers from recovering theft losses from employees’ pensionsThe Namibian
GIPF chief executive Martin Inkumbi says the strategy reinforces responsible governance, prudent investment management and sustainable growth
“GIPF chief executive Martin Inkumbi says the strategy reinforces responsible governance, prudent investment management and sustainable growth.”
Ngurare tells GIPF to invest at homeNew Era
GIPF Chief Executive Officer Martin Inkumbi said the goal was to help journalists understand financial information, not influence reporting
“Speaking at the workshop, GIPF Chief Executive Officer Martin Inkumbi said the goal was not to influence how journalists report, but to help them better understand and explain financial information.”
GIPF shares financial storytelling tipsInformanté
Martin Inkumbi said the 5% increase aims to preserve purchasing power of pensioners amid rising costs
“He noted that the 5% increase is aimed at preserving the purchasing power of pensioners and providing financial relief amid rising costs of essentials such as food, fuel, housing and healthcare.”
GIPF approves 5% pension increase effective AprilInformanté
Martin Inkumbi, GIPF's Chief Executive Officer said that GIPF has a clear right to protection through interdict because of theft and fraud committed by two former employees
“"This application aims to secure the pension benefits payable to Smith and Aoses pending the determination of the civil proceedings. The amount in the pension fund of Smith is N$799,980.00 and that of Aoses is N$626,206.36. Notwithstanding being found guilty on various counts, including fraud, forgery and bribery, among others, Smith and Aoses refused to sign any admission of liability to GIPF, and GIPF has a clear right to protection through an interdict because of the theft and fraud committed by the two former employees," Martin Inkumbi, GIPF's Chief Executive Officer, said.”
GIPF scrambles to regain N$18.6 million allegedly stolen by former employeesThe Namibian
Chief executive Martin Inkumbi said governance frameworks kept exposure in check and protected contributions
“Inkumbi said the tight governance frameworks kept exposure in check, protecting members' contributions from market volatility.”
Pension fund reports 10.6% growth in 2025The Government Institutions Pension Fund has committed N$800 million towards a new unlisted commercial property investment vehicle managed by Oryx Property Limited to finance retail and mall-type properties across Namibia. The investment follows Oryx Property's development of Goreangab Mall in Windhoek, and GIPF holds a 29.46% shareholding in Oryx Properties.
23 June 2026 · The Namibian →
The Government Institutions Pension Fund has committed N$800 million towards a new unlisted commercial property investment vehicle managed by Oryx Property Limited to finance retail and mall-type properties across Namibia. The investment follows Oryx Property's development of Goreangab Mall in Windhoek, and GIPF holds a 29.46% shareholding in Oryx Properties.
23 June 2026 · The Namibian →
Tunga Real Estate Fund distributed N$21.66 million to the Government Institutions Pension Fund, bringing total distributions to N$265 million. The fund invests in retail centres, office developments, distribution facilities and housing projects across several Namibian towns.
22 June 2026 · The Namibian →
Old Mutual Alternative Investments Namibia has announced a distribution from the Tunga Real Estate Fund to investor participants, with N$21.6 million allocated to the Government Institutions Pension Fund (GIPF), which holds a 99% stake. This brings total distributions to GIPF to N$266 million since the fund's establishment in September 2011.
22 June 2026 · Windhoek Observer →
The Financial Institutions and Markets Act now prohibits employers from deducting financial losses due to employee theft, fraud, or misconduct from pension benefits, a practice previously permitted under the repealed Pension Funds Act. Pension professionals describe this as a legislative shift to strengthen protection of retirement savings.
17 June 2026 · Windhoek Observer →
Prime Minister Elijah Ngurare has called on the Government Institutions Pension Fund to invest more of its funds in Namibia to protect its reputation, citing past investment losses outside the country that have damaged public confidence. The GIPF reported an impairment loss of N$815 million from a South African investment in November and faced earlier concerns about untraceable losses exceeding N$600 million.
13 June 2026 · The Namibian →
Two senior TransNamib Holdings executives suspended in February over allegations of property mismanagement and statutory breaches returned to work on Tuesday following a directive from the works and transport minister. Their disciplinary hearing is continuing.
27 May 2026 · Windhoek Observer →
The Government Institutions Pension Fund held a media workshop in partnership with the Witwatersrand Centre for Journalism to help journalists turn complex financial data into clear stories for the public. GIPF Chief Executive Martin Inkumbi said the goal was to help journalists better understand and explain financial information to build trust and transparency with the fund's members and the public.
31 March 2026 · New Era →
The Government Institutions Pension Fund has approved a 5% increase in monthly pension benefits for all pensioners and qualifying beneficiaries effective 1 April 2026, citing the fund's strong financial position and the need to protect members against rising living costs including food, fuel, housing and healthcare.
31 March 2026 · Informanté →
The Government Institutions Pension Fund is pursuing High Court action to freeze the pension funds of two former employees, Matin Eugen Smith and Vabiola Aoses, accused of embezzling N$18.6 million by altering banking details of inactive beneficiaries and channeling funds into over 50 accounts. GIPF estimates it may recover about N$8 million combined with a forfeiture order already obtained and an interdict to seize the employees' pension benefits totaling N$1.4 million.
13 March 2026 · Informanté →
The Government Institutions Pension Fund (GIPF) reported N$183 billion in assets and a 10.6% investment return for the 2024/2025 financial year, serving 105,593 active members and 53,504 pensioners. The fund achieved a solvency ratio of 119.69% and distributed N$6.8 billion in benefits to members and dependents.
8 February 2026 · The Namibian →