Namibia Minute.
Friday, 24 April 2026
A daily Namibian brief · Est. 2026
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Organization

Capricorn Group

Also known as: Capricorn

Capricorn Group — Namibian financial services company that sponsors sports development programmes and supports youth training in banking and cricket.

Business

Capricorn, Bank Windhoek launch emerging bankers training programme

The News

The Capricorn Foundation and Bank Windhoek have launched the 2026/2027 Emerging Bankers Programme, which provides 13 young Namibians with 18 months of workplace exposure, certified training and mentoring, funded with N$3.24 million. The programme, which started in 2024, targets school leavers from small towns and remote areas lacking access to tertiary education and aims to address youth unemployment in the financial services sector.

15 April 2026 · New Era →

Wednesday 15 April

  1. Capricorn, Bank Windhoek launch emerging bankers training programme

    The Capricorn Foundation and Bank Windhoek have launched the 2026/2027 Emerging Bankers Programme, which provides 13 young Namibians with 18 months of workplace exposure, certified training and mentoring, funded with N$3.24 million. The programme, which started in 2024, targets school leavers from small towns and remote areas lacking access to tertiary education and aims to address youth unemployment in the financial services sector.

    15 April 2026 · New Era →

Sunday 8 March

  1. Editorial: Namibia's 2026 budget fails to transform economy

    An opinion piece criticizes Namibia's 2026 budget for adhering to austerity and neo-classical economics rather than pursuing structural economic transformation. The authors argue that the government should instead implement expansionary policies, industrialisation, public investment in social sectors, and democratic economic controls to address unemployment and inequality.

    8 March 2026 · The Namibian →

Friday 27 February

  1. Capricorn Group posts N$920m profit amid margin pressure

    Namibia's Capricorn Group reported interim profit after tax of N$920 million for the six months ended 31 December 2025, a 4% increase from the prior year, as it navigates interest rate cuts, rising credit impairments, and higher operating costs. The group is shifting toward non-interest income sources, with such earnings now comprising 48.8% of total income, while managing a 53% jump in credit impairment charges and a 9% rise in non-performing loans.

    27 February 2026 · New Era →

Thursday 26 February

  1. Finance Minister presents 2026/27 budget amid fiscal constraints

    As Finance Minister Ericah Shafudah tables the national budget, analysts warn that rising debt-to-GDP ratios and constrained fiscal space pose sustainability challenges, while economists call for policy clarity, strategic investment in education and infrastructure, and balanced spending to address unemployment and weak growth.

    26 February 2026 · New Era →

Tuesday 24 February

  1. Capricorn Group backs senior women's cricket development

    Capricorn Group says it will continue supporting Namibia's senior national women's cricket team, the Capricorn Eagles, and is partnering with Cricket Namibia to develop young female cricketers through talent identification roadshows and grassroots programmes.

    24 February 2026 · The Namibian →

Sunday 22 February

  1. Namibia's 2026/27 budget faces tightening fiscal constraints

    Economists warn that weaker-than-expected revenue collections will limit government spending and create difficult policy trade-offs, with limited fiscal space and elevated expenditure demands requiring disciplined management to keep the deficit within preferred levels. The upcoming budget is expected to clarify fiscal policy direction and investment frameworks while balancing revenue performance with expenditure commitments through improved resource prioritisation and efficiency.

    22 February 2026 · The Namibian →

Friday 20 February

  1. Economists discuss inclusive growth, oil sector for 2026/27 budget

    The Economic Association of Namibia convened a public discussion on the upcoming National Budget, with economists emphasizing the need for growth to become more inclusive and highlighting the oil and gas sector's role in addressing unemployment and inequality. Panellists discussed tax incentives for venture capital and public-private partnerships as mechanisms to unlock investment and support entrepreneurship.

    20 February 2026 · New Era →

Wednesday 11 February

  1. Capricorn Group discontinues schools netball league

    Capricorn Group has ended its Schools Netball League, which ran since 2019, citing concern that the competition's structure unintentionally excluded talented schools unable to afford travel costs. The company is working with the Namibia Schools Sport Union to develop a more equitable national schools netball framework.

    11 February 2026 · New Era →

  2. Capricorn Group suspends schools netball league to improve equity

    Capricorn Group has suspended its Capricorn Schools Netball League, citing concerns that the current structure favours schools able to afford travel costs while excluding talented teams facing financial constraints. The company said the league will be reassessed to ensure equal access for all schools, with a workshop held in January to develop a more equitable framework.

    11 February 2026 · The Namibian →

Saturday 10 January

  1. Banking and telecoms stocks drive NSX gains despite muted trading

    Banking and telecommunications stocks led gains on the Namibia Securities Exchange in 2025, with Standard Bank Holdings, Capricorn Group, and FirstRand Namibia recording the highest price returns, although overall trading activity remained subdued as the second-lowest year for local value traded since 2012.

    10 January 2026 · The Namibian →

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