SHARED PROSPERITY: FirstRand Namibia Group chief financial officer Lizette Smit, GIPF CEO Martin Inkumbi, FirstRand Namibia Group CEO Conrad Dempsey and GIPF general manager of investments Conville Britz.
PHOTO: FNB Namibia
SHARED PROSPERITY: FirstRand Namibia Group chief financial officer Lizette Smit, GIPF CEO Martin Inkumbi, FirstRand Namibia Group CEO Conrad Dempsey and GIPF general manager of investments Conville Britz. PHOTO: FNB Namibia

FirstRand hands over N$321.9m dividends to GIPF

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STAFF REPORTER
The FirstRand Namibia Group handed over a symbolic dividend cheque for the financial year ended June 2023 to the Government Institutions Pension Fund (GIPF) on Monday.

The group this week announced the N$321.9 million dividend in a statement issued yesterday.

“The GIPF's 15.7% shareholding in FirstRand Namibia Ltd ensures financial stability, growth and security for GIPF's members’ and beneficiaries’ funds, through the dividends from FirstRand Namibia,” the group said.

It added: “This gesture solidifies the deep and enduring partnership between the two organisations as they work towards delivering shared prosperity for Namibia”.

FirstRand serves Namibia through FNB Namibia, RMB, Ashburton Investments, FNB Insurance and PointBreak.

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Namibian Sun 2024-11-22

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