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Monday, 8 June 2026
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Monday, 8 June 2026
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Namibian press · Organization

Capricorn Group

Capricorn Group — Namibian banking and financial services organization that posted N$920m interim profit and sponsors youth development and women's cricket programmes.

2023-05-132026-06-08
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What’s been said

Key points drawn from coverage. Tap a point to see the original sentence.

  1. April 2025

  2. The Namibian

    Capricorn Group announced the Namibia women's national cricket team

    Source

    “Cricket Namibia (CN) and Capricorn Group have announced the Namibia women's national cricket team.”

    Capricorn Eagles host Uganda on new ground
  3. July 2024

  4. The Namibian

    Capricorn Group announced two-year extension of women's cricket sponsorship worth N$300,000 per year

    Source

    “The Capricorn Group yesterday announced a two-year extension of their sponsorship of women's cricket to the value of N$300 000 per year.”

    Women’s cricket receives a boost
  5. June 2024

  6. The Namibian

    Capricorn Group announced sponsorship for the u19 women's cricket team

    Source

    “Last week, the Capricorn Group further strengthened its commitment to developing women's cricket in Namibia when it announced a sponsorship for the u19 women's team, which brings its total sponsorship for women's cricket to N$1,4 million since its inception in 2021.”

    Rude awakening for u19 Capricorn Eagles
  7. March 2024

  8. The Namibian

    Capricorn Group has loan book of N$48,9 billion

    Source

    “One headline in The Namibian (1 March) declared 'Shiiimi's plan to spend N$100 billion' while underneath it another read 'Capricorn Group's loan book grows to N$48,9b'.”

    A Caring Budget?
  9. May 2023

  10. The Namibian

    Capricorn Group made colossal combined profit of N$2,3 billion in 2022

    Source

    “In 2022, the Capricorn Group (Bank Windhoek) and FirstRand Namibia made a colossal combined profit of N$2,3 billion.”

    An Insatiable Appetite for Profit

  11. The Namibian

    Capricorn Group allocates 0,75% of its net profit to CSR activities

    Source

    “The Capricorn Group allocates 0,75% of its net profit while its subsidiaries give 0,15% to their own CSR activities.”

    An Insatiable Appetite for Profit
Business

Banking sector attracts investors despite earnings quality differences

The News

Namibia's banking sector continues to draw investors, though earnings quality differences among listed banks are now structural rather than cyclical, according to Simonis Storm's Banking Report 2026. FirstRand Namibia is identified as the preferred banking stock, while Standard Bank Namibia received an accumulate rating and Capricorn Group a reduce rating pending improvements in key indicators.

3 June 2026 · Windhoek Observer →

Wednesday 3 June

  1. Banking sector attracts investors despite earnings quality differences

    Namibia's banking sector continues to draw investors, though earnings quality differences among listed banks are now structural rather than cyclical, according to Simonis Storm's Banking Report 2026. FirstRand Namibia is identified as the preferred banking stock, while Standard Bank Namibia received an accumulate rating and Capricorn Group a reduce rating pending improvements in key indicators.

    3 June 2026 · Windhoek Observer →

Monday 4 May

  1. GIPF board members earned N$666,000 in two months in sitting fees

    The Government Institutions Pension Fund paid its board of trustees chairperson Penda Ithindi N$114,000 for attending three meetings in two months, and Napwu general secretary Petrus Nevonga N$92,163 during the same period, according to payroll records reviewed by The Namibian. The payments have revived concerns that clustered board and sub-committee meetings have become a parallel income stream for trustees already drawing civil service or union salaries.

    4 May 2026 · The Namibian →

Monday 27 April

  1. NSX gains while international markets soften

    The NSX Overall Index rose 1.51% on dual-listed counter gains, while the local index edged up 0.04%. Internationally, the JSE All Share Index fell 1.37%, the Dow Jones eased 0.36%, and the FTSE 100 declined 0.19%, though Asian markets were mixed. Brent crude edged higher to around US$105.12/bbl, while gold weakened 0.27% and platinum fell 0.82%.

    27 April 2026 · The Namibian →

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 →

Capricorn Group — Namibian press coverage · Namibia Minute