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OBSERVER DAILY | GIPF-backed home loans: Hope or hidden risk? – News Stand
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OBSERVER DAILY | GIPF-backed home loans: Hope or hidden risk? – News Stand
For many Namibians, home ownership remains more of a dream than a reality. The numbers are sobering: a housing backlog of 300,000 units, more than 200,000 shacks in Windhoek alone, and an average three-bedroom house in the capital costing around N$1.2 million. Against this backdrop, the Government Institutions Pension Fund (GIPF) has launched its Pension-Backed Home Loan Scheme (PBHLS), which will take effect next January. The scheme allows civil
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