Capricorn Group releases interim financial results for the six months ended 31 December 2023

Capricorn Group releases interim financial results for the six months ended 31 December 2023

Capricorn Group, a proud Namibian financial services group listed on the Namibian Stock Exchange with diversified operations and business interests in Namibia and Botswana, released its interim financial results for the six months ended 31 December 2023 today. Capricorn Group achieved solid results with profit after tax for the six months ended 31 December 2023, increasing by 18.5% to N$827.6 million, compared to a profit after tax of N$698.2m that […]

February 29, 2024 38

Business / Economics

High Economic Intelligence and Bank Windhoek lead survey on SIM Card Rules

Economic and financial research entity, High Economic Intelligence and Bank Windhoek are conducting a comprehensive survey titled "The Implications of SIM Card Registrations on the Namibian Economy" to get the public’s understanding of the ongoing mandatory SIM card registration process. Managing Director at High Economic Intelligence, Salomei Hei.

February 28, 2024 65

Local

Capricorn Foundation brings about positive change in Education

The Capricorn Foundation believes that investing in education has a ripple effect on the overall economic growth of a country. The Capricorn Foundation, funded by Capricorn Group's subsidiaries Bank Windhoek, Capricorn Asset Management and Entrepo, dedicated almost N$1.8 million in the last three months to various education and training initiatives, addressing infrastructure, providing study materials, personnel training and addressing rural-urban education gaps in Namibia. "As a Connector of Positive Change, […]

February 28, 2024 17

Namibia

Guarding Against Bank Fraud: Bank Windhoek Forensics Manager Exposes Top Threats

Bank Windhoek's Forensics Services Manager, Johnny Truter, highlights prevalent bank fraud tactics to boost public awareness. These include Account Takeover, where fraudsters use phishing to gain control of online accounts, and Social Engineering, exploiting emotions to extract sensitive information. Call center fraud involves deceiving representatives, while Credit Card fraud exploits stolen information for online purchases. Electronic Funds Transfer fraud relies on scammers posing as trusted entities for urgent transfers. He […]

February 28, 2024 19

Business / Economics

Know the most common types of bank frauds

By Bank Windhoek’s Forensics Services Manager, Johnny Truter. International law states that any illegal act involving deception to obtain money from a financial institution or a bank's depositors is categorised as bank fraud. Like other fraud offences, bank fraud involves using a trick to obtain money illegally. Nowadays, fraudsters are continuously coming up with different ways to steal people’s hard-earned money. The following looks at the most common trends used […]

February 27, 2024 27

Local

Mathematics unlocks great potential – teachers

In collaboration with the African Leadership Institute (ALI) and the Ministry of Education Arts and Culture, Bank Windhoek recently hosted forty teachers for a three-day Mathematics workshop at Rock Lodge, in the Okahandja district. With facilitators from the Ministry of Education, Arts and Culture, the teachers represented Khomas, Omaheke, Hardap and the Otjozondjupa Regions. The workshop focused on helping the grade eight and nine teachers with essential mathematics […]

February 22, 2024 14

Local

Bank Windhoek appoints Ngula as its e-Money Head

Bank Windhoek’s Executive Officer of Retail Banking Services and Specialist Finance, James Chapman, recently announced the appointment of Candy Ngula as the Bank’s Head of Electronic Money (e-Money), effective Thursday, 1 February 2024. Chapman said that, in her new role, Ngula will focus on driving the value of e-Money and will be responsible for the growth and optimisation of e-Money across Bank Windhoek’s Retail Banking Services. Ngula joins […]

February 20, 2024 7

Local

NVF tourneys get a N$460 000 boost from Bank Windhoek

Over the past ten years, Bank Windhoek has supported and invested over N$2 million into the Namibian Volleyball Federation’s (NVF) tournament events. This information was recently shared by the Bank’s Head of Stakeholder Engagement, Corporate Social Responsibility, and Sponsorships, Bronwyn Moody, when she announced another N$460 000 sponsorship towards hosting NVF’s annual volleyball tournaments. “As a connector of positive change, this sponsorship demonstrates our continued support and commitment to […]

February 13, 2024 23

Local

Katuka participants begin self-empowerment journey

Bank Windhoek is a genuine relationship bank, a conduit for young women and their dreams to deliver real value for Namibians and their future. This statement was shared by Bank Windhoek’s Head of Strategic Communication, Hayley Allen, on Wednesday, 7 February 2024, at the first training sessions of the 2024 Katuka Mentorship Programme hosted at the Capricorn Corner Building in Windhoek. “The essence of what you are about […]

February 9, 2024 10