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GIPF board of trustees appoints new chairperson and vice chairperson

The Government Institutions Pension Fund (GIPF) is proud to announce the appointment of Penda Ithindi as the GIPF board of trustees chairperson and Evans Maswahu as vice chairperson, effective 1 January to 31 December. The fund heartily congratulates Ithindi and Maswahu on their new appointments and wishes them well in their tenure of leadership.

Ithindi brings extensive experience in economics and capital markets/investments, with a substantial background in public sector leadership and governance. He was appointed by government to the fund’s board of trustees on 21 August 2020 and reappointed on 21 August 2023. He was assigned to serve the Investment Committee as the chairperson and the Audit and Risk Committee as a member.

Evans Maswahu possesses a wealth of experience in public sector leadership, investments, and benefit administration. Maswahu was appointed by the Namibia Public Workers’ Union (NAPWU) 21 July 2020 and reappointed on 21 July 2023. He was assigned to serve the Benefits and Administration Committee as chairperson and the Investment Committee a member.

The fund extends gratitude to Nillian Mulemi for her exemplary leadership throughout her two-year tenure as the chairperson of the board and equally to Faniel Kisting for his exceptional leadership and the considerable knowledge he shared during his one-year tenure as the vice chairperson. Mulemi and Kisting shall continue serving on the GIPF board of trustees in different capacities. We therefore wish them continued success in these new roles, commencing in January.

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Currie Cup: NovaVit Griffons 45 vs 47 Toyota Cheetahs XV | Katima Mulilo: 13° | 36° Rundu: 12° | 33° Eenhana: 12° | 31° Oshakati: 12° | 29° Ruacana: 13° | 31° Tsumeb: 14° | 29° Otjiwarongo: 9° | 27° Omaruru: 8° | 25° Windhoek: 7° | 23° Gobabis: 6° | 24° Henties Bay: 10° | 17° Swakopmund: 12° | 15° Walvis Bay: 11° | 20° Rehoboth: 5° | 23° Mariental: 6° | 23° Keetmanshoop: 7° | 20° Aranos: 6° | 24° Lüderitz: 11° | 18° Ariamsvlei: 7° | 20° Oranjemund: 12° | 17° Luanda: 19° | 21° Gaborone: 10° | 26° Lubumbashi: 12° | 31° Mbabane: 11° | 25° Maseru: 2° | 17° Antananarivo: 9° | 26° Lilongwe: 15° | 29° Maputo: 15° | 30° Windhoek: 7° | 23° Cape Town: 9° | 14° Durban: 13° | 23° Johannesburg: 11° | 21° Dar es Salaam: 21° | 31° Lusaka: 16° | 31° Harare: 13° | 27° | Currency: GBP to NAD 23.48 | EUR to NAD 19.84 | CNY to NAD 2.52 | USD to NAD 18.28 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.3 | EGP to NAD 0.37 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.69 | ZWL to NAD 0.04 | BRL to NAD 3.22 | RUB to NAD 0.21 | INR to NAD 0.22 | USD to DZD 134.1 | USD to AOA 872.64 | USD to BWP 13.56 | USD to EGP 48.29 | USD to KES 130.48 | USD to NGN 1598.89 | USD to ZAR 18.28 | USD to ZMW 26.1 | USD to ZWL 321 | Stock Exchange: JSE All Share Index Same 0 | Namibian Stock Exchange (NSX) Overall Index 1807.67 Up +1.81% | Casablanca Stock Exchange (CSE) MASI 13660.65 Up +0.14% | Egyptian Exchange (EGX) 30 Index 29090.57 Down -0.36% | Botswana Stock Exchange (BSE) DCI 9392.07 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 382.29/OZ UP +0.78% | Copper US$ 4.11/lb DOWN -0.0016 | Zinc US$ 2 674.00/T DOWN -0.22% | Brent Crude Oil US$ 81.59/BBP DOWN -0.0126 | Platinum US$ 930.40/OZ DOWN -0.0016 | Sport results: Currie Cup: NovaVit Griffons 45 vs 47 Toyota Cheetahs XV Weather: Katima Mulilo: 13° | 36° Rundu: 12° | 33° Eenhana: 12° | 31° Oshakati: 12° | 29° Ruacana: 13° | 31° Tsumeb: 14° | 29° Otjiwarongo: 9° | 27° Omaruru: 8° | 25° Windhoek: 7° | 23° Gobabis: 6° | 24° Henties Bay: 10° | 17° Swakopmund: 12° | 15° Walvis Bay: 11° | 20° Rehoboth: 5° | 23° Mariental: 6° | 23° Keetmanshoop: 7° | 20° Aranos: 6° | 24° Lüderitz: 11° | 18° Ariamsvlei: 7° | 20° Oranjemund: 12° | 17° Luanda: 19° | 21° Gaborone: 10° | 26° Lubumbashi: 12° | 31° Mbabane: 11° | 25° Maseru: 2° | 17° Antananarivo: 9° | 26° Lilongwe: 15° | 29° Maputo: 15° | 30° Windhoek: 7° | 23° Cape Town: 9° | 14° Durban: 13° | 23° Johannesburg: 11° | 21° Dar es Salaam: 21° | 31° Lusaka: 16° | 31° Harare: 13° | 27° Economic Indicators: Currency: GBP to NAD 23.48 | EUR to NAD 19.84 | CNY to NAD 2.52 | USD to NAD 18.28 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.3 | EGP to NAD 0.37 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.69 | ZWL to NAD 0.04 | BRL to NAD 3.22 | RUB to NAD 0.21 | INR to NAD 0.22 | USD to DZD 134.1 | USD to AOA 872.64 | USD to BWP 13.56 | USD to EGP 48.29 | USD to KES 130.48 | USD to NGN 1598.89 | USD to ZAR 18.28 | USD to ZMW 26.1 | USD to ZWL 321 | Stock Exchange: JSE All Share Index Same 0 | Namibian Stock Exchange (NSX) Overall Index 1807.67 Up +1.81% | Casablanca Stock Exchange (CSE) MASI 13660.65 Up +0.14% | Egyptian Exchange (EGX) 30 Index 29090.57 Down -0.36% | Botswana Stock Exchange (BSE) DCI 9392.07 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 382.29/OZ UP +0.78% | Copper US$ 4.11/lb DOWN -0.0016 | Zinc US$ 2 674.00/T DOWN -0.22% | Brent Crude Oil US$ 81.59/BBP DOWN -0.0126 | Platinum US$ 930.40/OZ DOWN -0.0016 |