Kuleni Financial

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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

Uncategorized

GIPF to launch pension-backed home loan scheme following government approval

    The Government Institutions Pension Fund (GIPF) is preparing to implement its long-awaited Pension-Backed Home Loan Scheme (PBHLS), following approval from the Ministry of Finance. Under the initiative, active GIPF members will be able to use a portion of their pension savings as collateral to access home loans, a significant step toward improving affordable housing access for civil servants. Finance Minister Ericah Shafudah announced the scheme's formal endorsement in […]

today1 July, 2025