07
Nov
Justicia Shipena The Government Institutions Pension Fund (GIPF) says it remains confident in its ability to recover value from its investments despite a tax claim by the South African Revenue Service (SARS) that led to a major impairment. This is despite the fund saying the claim created “significant uncertainty” for its ability to recover full value of its assets. The claim against one of GIPF’s offshore investment vehicles, the Signal Structured Finance Fund, resulted in an impairment of N$815 million in its 2025 financial statements. GIPF chief executive officer Martin Inkumbi said this formed part of a total impairment provision…
