Namibia

Home Loans Only, Says GIPF on Pension Scheme

today15 July, 2025

Background

The Government Institutions Pension Fund has clarified that its Pension-Backed Home Loan Scheme is strictly intended to help members buy or build houses. The Pension Funds Act limits pension access to housing purposes only, ruling out business ventures or personal spending, According to CEO Martin Inkumbi:

Written by: Leonard Witbeen