The Government Institutions Pension Fund (GIPF) has announced its N$10 million investment towards the health care sector through the Special Purpose Vehicle, VPB Namibia Growth Fund, into Tsumeb Private Hospital (TPH).
Tsumeb, dubbed “gateway to the north” of Namibia, is the largest town in Oshikoto region in northern Namibia and the hospital is centrally located to cater to patients seeking medical attention from Otavi, Grootfontein and the entire Oshikoto region.
“With the GIPF’s N$10 million investment which translates into 49% ownership of TPH, the Fund’s strategic objective was to ensure the hospital diversifies into a set of specialists which will result in more services offered at the hospital, “said David Nuyoma, GIPF CEO and Principal Officer.
TPH is a remnant of the previous mining company, Tsumeb Corporation Limited (TCL) which had been operating from 1947 until liquidation in 1998. Initially, the hospital was established to specifically provide services to the employees of the mine and their families. In 1998, following liquidation of TCL, Tsumeb Private Hospital operated as Oshakati Private Hospital until 2010.
“Today, with the assistance of GIPF, the hospital is a licensed provider of integrated medical services ranging from accident and emergency, ICU, maternity care, occupational health, pharmaceutical and hospitalization services,” stated Nuyoma.
Some of the modern health care facilities at the hospital are: 40 bed facilities, two theatres, one recovery room, a maternity ward, rehab facility, inhouse pharmacy, fully operational health clinic, 3rd party lab, path care lab, X- Ray facilities, and a casualty ward.
In the photo: Tsumeb Private Hospital in Oshikoto Region.