GIPF ‘confident’ of recovering offshore investment losses …as it confirms N$815 million impairment in SA  – Windhoek Observer

GIPF ‘confident’ of recovering offshore investment losses …as it confirms N$815 million impairment in SA  – Windhoek Observer

Justicia Shipena The Government Institutions Pension Fund (GIPF) says it remains confident in its ability to recover value from its investments despite a tax claim by the South African Revenue Service (SARS) that led to a major impairment. This is despite the fund saying the claim created “significant uncertainty” for its ability to recover full value of its assets. The claim against one of GIPF’s offshore investment vehicles, the Signal Structur