GIPF pumps millions into housing at Eenhana

The GIPF aims to construct 30% of the 20 000 housing units envisaged under the Harambee Prosperity Plan.

28 February 2019 | Infrastructure

The Government Institutions Pension Fund (GIPF) has invested N$17.4 million in housing aimed at low- and medium- income groups at Eenhana in the Ohangwena region.

According to the regional governor, Usko Nghaamwa, the housing development in Extension 6 will consist of 271 houses and will greatly contribute towards the housing shortage in the region.

“The GIPF through its unlisted investments has been implementing some of the Harambee Prosperity Plan [HPP] pillars such as social progress and infrastructure development by delivering housing and servicing land for their members,” Nghaamwa in a speech read on his behalf at the official opening ceremony of the new GIPF office at the town on Tuesday.

Speaking at the same event, the chairperson of the GIPF board of trustees, Goms Menette, said Formosa Island Investment is the developer of the project.

A total of 124 erven have also been serviced, while 85 houses in phase one and 97 houses in phase two have been sold to date.

“This development came as a requirement to provide low-cost and decent housing to accommodate low-, middle- and high-income earners in a bid to ease land and housing shortages within the town of Eenhana,” Menette said.

The GIPF aims to construct 30% of the 20 000 housing units envisaged under the HPP before its period ends.

Office

The opening of a GIPF office at the town means fund members in Eenhana, Helao Nafidi and Okongo no longer have to travel to Ondangwa and Oshakati.

Clients will, amongst others, be able to get advice on their pensions, do biometric registration and verification, receive benefit and income statements and submit supporting documents at the new office.

Menette said the growing population of the region necessitated the GIPF increasing its footprint.

The branch has been operational since January this year and has so far aided over 500 members.

“As we continuously strive to build lasting confidence in our members and stakeholders, we need to address the challenges they face, such as access to services at their convenience, as well as poor internet connection in some parts of the country, which makes it difficult to connect to GIPF systems,” Menette said.

The GIPF’s membership currently stands at over 135 000 in the form of active members and annuitants. - Nampa

Similar News

 

New development planned south of Windhoek

2 weeks ago - 18 November 2020 | Infrastructure

YOLANDA NEL WINDHOEK A public meeting is scheduled for Thursday this week to discuss a new proposed development at Farm Gross Haigamas.Developers Birdsong Properties are...

Road junction open to traffic

1 month - 03 November 2020 | Infrastructure

ERWIN LEUSCHNERSWAKOPMUND The junction at the eastern entrance to Swakopmund and 33 km of tarred road between Swakopmund and Walvis Bay – including two new...

20 low-cost houses for fire victims

1 month - 08 October 2020 | Infrastructure

LEANDREA LOUWWALVIS BAYTwo months after a fire swept through the Otweya informal settlement in Walvis Bay, destroying homes, leaving hundreds homeless and killing a two-year-old...

Health facilities handed over at southern border

2 months ago - 25 September 2020 | Infrastructure

Ariamsvlei • Elizabeth Joseph The Anglo American Namibia Foundation (AANF) in partnership with the DeBeers Group officially handed over and inaugurated brand new port health...

Govt launches housing census

3 months ago - 01 September 2020 | Infrastructure

JEMIMA BEUKESWINDHOEK The ministry of urban and rural development and the Namibia Statistics Agency (NSA) have embarked on a housing survey that will contribute...

Police village in the pipeline

3 months ago - 21 August 2020 | Infrastructure

NAMPAWINDHOEKWith many police officers unable to afford decent accommodation in Windhoek, the Namibian Police Force (NamPol) is looking at constructing a police village to house...

Housing high on the agenda in Erongo

3 months ago - 17 August 2020 | Infrastructure

ADOLF KAURESWAKOPMUNDErongo governor Neville Andre has announced that Farm 37 will be ready for occupation by October.“People living in backyard shacks, residents of Otweya informal...

Huge housing backlog in Windhoek

3 months ago - 11 August 2020 | Infrastructure

ELLANIE SMITWINDHOEKThe housing backlog in Windhoek is about 100 000 units and is rising at 3.5% per year, according to the latest report by First...

AR’s Goreangab plots still being serviced five years later

4 months ago - 28 July 2020 | Infrastructure

OGONE TLHAGEWINDHOEKLand that the Affirmative Repositioning movement proposed for mass housing in Windhoek’s Goreangab informal settlement as part of a deal struck with State House...

War vets furious over housing 'propaganda'

4 months ago - 15 July 2020 | Infrastructure

ILENI NANDJATOONESIPeople's Liberation Army of Namibia (PLAN) pioneer war veterans - most of whom are still living in poverty and squalor - say they are...

Latest News

Plan for ocean economy by...

9 hours ago | Economics

Jo-Maré Duddy - Namibia is willing to be part of the first group of countries to develop sustainable ocean plans by 2025.Speaking the launch of...

MTC warns against scams

10 hours ago | Business

Staff reporter - There is a raise in a variety of scams relating to MTC competitions and products and the company has warned its more...

ANIREP records loss in first...

21 hours ago | Business

Alpha Namibia Industries Renewable Power (ANIREP) suffered a loss of N$2.5 million in the six months ended 31 August 2020 compared to a profit of...

Amupanda sets tone for Windhoek

21 hours ago | Politics

JEMIMA BEUKES WINDHOEKJob Amupanda acted the part of ‘incoming’ Windhoek mayor for a year, and saw his dream come to fruition yesterday...

Civil society wins CSE fight...

21 hours ago | Education

TUYEIMO HAIDULA OSHAKATI International relations minister Netumbo Nandi-Ndaitwah has made a U-turn on her decision to discontinue comprehensive sexuality education (CSE) programmes...

Second Harambee Prosperity Plan to...

21 hours ago | Economics

The second phase of the Harambee prosperity plan (HPP) will be launched in February next year, President Hage Geingob has said.Geingob while addressing the last...

Turkish Airlines commences cargo route...

21 hours ago | Business

PHILLEPUS UUSIKUThe renowned Turkish Airlines have expanded its footprint in Africa and has commenced with a scheduled cargo operation once a week between Istanbul, Johannesburg...

Give Caesar what belongs to...

21 hours ago | Opinion

Too many superficial efforts to create gender equality have gobbled up time needed to address actual fundamental and structural challenges that stand in the way...

Air Namibia gets last chance...

21 hours ago | Transport

OGONE TLHAGE WINDHOEKLiquidated Belgian firm Challenge Air has given Air Namibia until 28 January...

Load More