Ninety percent of investments made by the National Provident Fund are invested in the country while only 10 percent were offshore, says NPF Board Member Gideon Zoloveke.
He says by market, 90 percent of the fund’s investment portfolio are invested in the country and its economy at more than $2.5 billion with 10 percent invested offshore.
“By market, 90 percent of our investment portfolio are invested in our country in our economy at more than $2.5 billion, with 10 percent invested offshore in USA, Australia, UK, Europe and Papua New Guinea, to the amount of $275-million.”
