• Mining
Friday, May 30, 2025
Namibia Mining & Energy: News, Trends, Oil, Gas & Hydrogen
NEWSLETTER
No Result
View All Result
  • Diamonds
  • Oil & Gas
  • Uranium
  • Green Hydrogen
  • Gold
  • Lithium
  • Energy
  • Copper
  • Zinc
  • Diamonds
  • Oil & Gas
  • Uranium
  • Green Hydrogen
  • Gold
  • Lithium
  • Energy
  • Copper
  • Zinc
No Result
View All Result
Namibia Mining & Energy: News, Trends, Oil, Gas & Hydrogen
No Result
View All Result
Home Mining

GIPF invests N$177m in Hardap Region, funds N$90m mall

editor by editor
October 24, 2022
in Mining
1.8k 56
A A
0

The Government Institutions Pension Fund (GIPF) on Monday said it has invested over N$177 million in the Hardap Region’s various projects ranging from solar energy, housing and retail property. 

The country’s biggest pension fund revealed this when it unveiled a N$90-million investment in the 92,000-square metre Rehoboth Shopping Centre. The investment in the new mall is being done through Old Mutual as the fund manager and the Rehoboth Community Trust as the special purpose vehicles. 

“GIPF prides itself in empowering experts in the industry such as Fund Managers and Special Purpose Vehicles to invest in projects nationwide that not only impact GIPF members, but the entire country. The GIPF is proud to have impacted the community of over 29,000 inhabitants with pre and post job creation, increasing value of the properties in surrounding areas of the mall and creating a one-stop-shop experience for the community,” said GIPF General Manager for Marketing and Stakeholder Engagement Edwin Tjiramba. 

“The Rehoboth Shopping Centre is unique in the sense that it provides an impeccable shopping experience for the community and also boasts a solar installation on the rooftop of 3,455 solar panels which roughly produce 3,000 kilowatts daily.” 

As of 31 March 2022, GIPF had invested over N$5.3 billion in Namibia through unlisted investments.

author avatar
editor
See Full Bio
Share391Tweet245

Related Posts

Alfred H Knight marks 10 years in Namibia
Mining

Alfred H Knight marks 10 years in Namibia

  Global inspection and testing firm Alfred H Knight (AHK) is marking ten years of operations in Namibia, where it...

May 28, 2025
Namibia’s mining producer prices fall as salt, uranium and diamond markets weaken
Mining

Namibia’s mining producer prices fall as salt, uranium and diamond markets weaken

Namibia’s mining and quarrying sector recorded a sharp 10% drop in producer prices during the first quarter of 2025, one...

May 23, 2025

Recommended

Galp seeks to sell stake in Namibia oil block

Galp seeks to sell stake in Namibia oil block

1 year ago
Andrada, SQM in N$710m Namibia lithium project partnership

Andrada, SQM in N$710m Namibia lithium project partnership

9 months ago
Load More

Newsletter

Black transparent logo for dark mode

About Us

The Namibia Mining and Energy website is a comprehensive online platform dedicated to showcasing Namibia's mining and energy sectors

Categories

  • Copper
  • Diamonds
  • Energy
  • Gold
  • Green Hydrogen
  • Lithium
  • Mining
  • Namibia
  • News
  • Oil & Gas
  • Opinions
  • Tin
  • Uranium
  • Zinc

Get in touch

Email:newsdesk@miningandenergy.com.na

© 2024 Mining and Energy | All Rights Reserved. The Namibia Mining and Energy website is a comprehensive online platform dedicated to showcasing Namibia's mining and energy sectors.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Diamonds
  • Oil & Gas
  • Uranium
  • Green Hydrogen
  • Gold
  • Lithium
  • Energy
  • Copper
  • Zinc

© 2024 Mining and Energy | All Rights Reserved. The Namibia Mining and Energy website is a comprehensive online platform dedicated to showcasing Namibia's mining and energy sectors.