19
Nov
Once again, Namibia finds itself staring into a familiar abyss, an abyss carved by misjudged investments, blurred oversight, and a dangerous institutional culture of “explanations without consequences”. The revelation that the Government Institutions Pension Fund (GIPF) has impaired a staggering N$815 million through its exposure to the South African-based Signal Structured Finance Fund (SSFF) is not just another line item in an audit report. It is a reminder of past failures, a warning of present vulnerabilities, and a test of our collective commitment to accountability. For many Namibians, particularly pensioners whose livelihoods depend on the prudent stewardship of their savings,…
