Superfund

NSL positive over long-term investment returns

A significant drop in returns for the super fund given that in 2021 NSL declared a net profit of K526 million and credited member accounts with a 6.5 per cent interest.

At the announcement, NSL Chief Executive Officer Paul Sayer highlighted the fund’s positive valuation gains.

“This positive result can be attributed to good valuation gains made by the likes of SP Brewery, OPH, Kumul hotels and Paradise Foods. These gains however, were largely offset by unrealized valuation losses from other investments such as things like our Rangeview and Moki Industries.

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