The Government Institutions Pension Fund (GIPF) has announced that it has invested more than N$10 million into WinSalt Manufacture (Pty) Ltd, a 100% Namibian owned company based in Walvis Bay.
WinSalt produces a variety of nutritious salt blocks for the agricultural industry.
“The GIPF saw an opportunity in the agricultural industry through animal feed and nutrition blocks and decided to spearhead investments towards the manufacturing thereof for all livestock,” said David Nuyoma, CEO of GIPF.
WinSalt is said to be the first of its kind in Africa and the World to have manufactured animal nutrition and medicine blocks with indigenous ingredients like moringa and the devil’s claw. To date WinSalt has manufactured nutritional and medicine blocks with the following ingredients: Pure Salt, Seaweed, Apple, Carrot, Garlic, Cherry, Moringa, Cobalt Iodine, Trace minerals, Sulphur, Aniseed, Selenium, Aloe and Tannin inhibitor
GIPF pointed out that the nutrition and medicine blocks of WinSalt last four times longer than other molasses blocks in the industry. The blocks are cost effective for farmers, weather resistant, contain zero sediment and molasses (sugar) and improve animal nutrition and health.
“The WinSalt Manufacture (Pty) Ltd blocks are made from raw materials that are sourced locally. The blocks are highly recommended as they allow the animals to regulate their own salt and mineral intake per lick. These blocks have proven to be popular on cattle and livestock farms in Europe, the Americas, Asia and Australia,” stated Nuyoma.
With a staff complement of 8 employees, WinSalt will use GIPF’s investment to increase its employees to 25 and increase production. The company has so far exported internationally to Australia, South Korea, Spain, Portugal, Zambia and Angola and is currently busy opening the way to the South African market.
In the photo: GIPF’s CEO David Nuyoma.