7.25 per cent crediting rate

NASFUND to pay 7.25 percent to members

NASFUND Board Chairman, Hulala Tokome, announced today that a crediting rate of 7.25 per cent equating to K265.5 million will be paid to members accounts following a successful 2016 financial year.

The announcement follows on the back of a 87 per cent increase in Net Profit from K150.9 million in 2015 to 283.47 per cent in 2016.

NASFUND also announced a Gross Asset Value of K4.34 billion in2016 representing a 7.2 per cent increase from K4.05 billion in 2015, as well as a 7.4 per cent increase in Net Asset Value from K3.93 billion in 2015 to K4.22 billion in 2016.