Ohorongo constructing sports complex in Otavi

Ohorongo Cement is constructing a N. dollars 2.1 million sports complex at Otavi. The facility, co-sponsored by Dundee Precious Metals and Agra Namibia, comprises a netball, volleyball and basketball court. The project coordinator who is coordinating the construction on behalf of the Ohorongo-Otavi Community Trust (OOCT), Rudolph Coetzee told journalists during a site tour on…

GIPF increases pension benefit by 5.5%

At its meeting held on the 09th April 2018 the GIPF Board of Trustees approved a pension increase of 5.5% for its pensioners effective 01 April 2018. The Board of Trustees normally target inflation-linked pension increases; however other factors which influence the annual pension increase include the performance of the Fund over the financial year,…