Teachers union raises alarm over GIPF’s N$1.5 billion investment losses

The Government Institutions Pension Fund has confirmed nearly N$1.5 billion in investment impairments since 2008, triggering concern among members.

Teachers Union of Namibia secretary general Mahongora Kavihuha says the repeated losses and lack of transparency highlight serious governance shortcomings. He shares what the write-offs mean for pensioners and why trust in the fund is fading while speaking to Desert FM.