Capital Housing

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Namibia

Trade union to engage Prime Minister over pension-backed home loan scheme

Windhoek, 9 July 2025 – The Trade Union Congress of Namibia (TUCNA) has expressed serious concerns about the Government Institutions Pension Fund’s (GIPF) newly launched Pension-Backed Home Loan Scheme, scheduled to be rolled out via two intermediaries—Capital Housing Scheme and Kuleni Financial Services. TUCNA Secretary-General Mahongora Kavihuha warns that this restrictive approach could concentrate wealth in a few hands and deprive workers of full benefits.   Last month, GIPF confirmed the scheme […]

today9 July, 2025