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Capricorn Group

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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, […]

todayFebruary 28, 2024


Capricorn Group co-hosts national pre-budget public discussion

  The Capricorn Group, in collaboration with the Economic Association of Namibia, GIZ and the High Economic Intelligence (HEI) on 20 February 2024, hosted a lively national pre-budget public discussion ahead of Finance Minister Ipumbu Shiimi's tabling of the national budget in the National Assembly on 28 February 2024. Held under the theme: The National Budget in an Election Year: Fiscal Expansion and Strategic Priorities, the event received an overwhelming […]

todayFebruary 21, 2024 1


Capricorn Group Changemakers support the Schools for the Visually and Hearing Impaired

    Living up to their purpose of being Connectors of Positive Change, Capricorn employees, as Changemakers, dedicated a day to giving back to the School for the Visually and the School of the Hearing Impaired by donating various items and equipment to the two schools, carrying out renovations and doing fun activities with the learners. The event, which took place on Friday, 2 February 2024, brought together a group […]

todayFebruary 5, 2024 9


Capricorn Group Changemakers create positive change this festive season

It's the season to give, and Capricorn Group employees stepped into their role as Changemakers on Friday, 1 December 2023, to spread the holiday cheer by giving back to the most vulnerable communities as part of their Regional Christmas Drive. Changemakers from across the country joined specific activities and projects closest to their branch or department to set up gardens, serve meals, donate items, paint, and hand out Christmas goodies. […]

todayDecember 4, 2023

Business / Economics

Capricorn Group, Capricorn Foundation, and Bank Windhoek Unite for Namibia’s COP28 Pavilion

The Capricorn Group, in collaboration with the Capricorn Foundation and Bank Windhoek, has pledged a joint donation of N$500,000 to the Ministry of Environment, Forestry, and Tourism. The funds are earmarked to support Namibia's representation and pavilion at the upcoming COP28 conference scheduled to be held in Dubai, UAE, from November 30 to December 12, 2023. This marks the second consecutive year of contributions from Capricorn Group and its affiliates […]

todayNovember 21, 2023 3

Capricorn Group

Business / Economics

Capricorn Group announces appointment of new Group CEO

The Chairman of the Capricorn Group Board, Mr. Gerhard Fourie, announced that the recruitment process for the position of Group CEO of Capricorn Group has been successfully concluded. The Capricorn Board has approved the appointment of Mr. David Nuyoma as the Group CEO Designate with effect from 1 January 2024 and as substantive Group CEO with effect from 1 March 2024, subject to regulatory approval. “Mr. Nuyoma is an experienced […]

todayNovember 15, 2023 19


Africa’s GDPs Exit the Pandemic Era Second to None

By Matthew A. Winkler via BizNews For all of Covid-19’s disruptions, one trend during the global pandemic presses on unabated. And that would be five of the world’s 10 fastest-growing economies continue to be based in Africa and at least several more on the continent over the next two years are poised to outperform the world. The coronavirus, if anything, accelerated the transition among Africa’s 54 countries to wireless, remotely engaged commerce […]

todayNovember 1, 2023