13
Nov
Justicia Shipena Former finance minister Calle Schlettwein has called on the Government Institutions Pension Fund (GIPF) to explain the money lost in its investment in the South African-based Signal Structured Finance Fund (SSFF). Last week, it came to light that a tax claim by the South African Revenue Service (SARS) led to a major impairment in one of its offshore investment vehicles. The fund said the claim created “significant uncertainty” over its ability to recover the full value of its assets. The claim resulted in an impairment of N$815 million in its 2025 financial statements. GIPF chief executive officer Martin…
