Thursday, 23 July 2026

Namibia’s news, on the hour · Est. 2026

Thursday, 23 July 2026

Windhoek—:—London—:—New York—:—Beijing—:—

Namibian press · Organization

Capricorn Group

Capricorn Group — financial services company owning Bank Windhoek and Capricorn Asset Management, invests in women's cricket and emerging bankers training.

2023-05-132026-07-23

What’s been said

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

June 2024
20 JunThe 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
March 2024
9 MarThe 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?
May 2023
13 MayThe 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
13 MayThe 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

Society

Medical congress focuses on wellness and financial resilience for healthcare professionals

The News

The Medical Association of Namibia's 45th Annual Medical Congress, held in Windhoek from 10 to 11 July under the theme "Wellness in Medicine," brought together healthcare professionals to discuss physical, emotional, professional and financial well-being in the health sector, with particular emphasis on financial pressures including practice management, equipment costs and retirement planning.

20 July 2026 · Informanté →

Monday 20 July

Medical congress focuses on wellness and financial resilience for healthcare professionals
The Medical Association of Namibia's 45th Annual Medical Congress, held in Windhoek from 10 to 11 July under the theme "Wellness in Medicine," brought together healthcare professionals to discuss physical, emotional, professional and financial well-being in the health sector, with particular emphasis on financial pressures including practice management, equipment costs and retirement planning.
20 July 2026 · Informanté →

Thursday 16 July

Corporate social investment must be coordinated, not isolated
Namibia's social challenges require coordinated, evidence-led corporate social investment rather than fragmented goodwill efforts. The Capricorn Foundation backs the Mukopano initiative, a platform that convenes funders, implementers and communities to coordinate social investment across the country.
16 July 2026 · The Namibian →

Tuesday 14 July

Corporate social investment must shift toward coordinated collective action
The Capricorn Foundation argues that Namibia's social challenges require coordinated, evidence-led corporate social investment rather than fragmented giving, and supports the Mukopano initiative as a platform for funders, implementers and communities to collaborate on social investment across the country.
14 July 2026 · The Namibian →
Capricorn Group share price rises 32.45% over past year
Capricorn Group, which owns Bank Windhoek and Capricorn Asset Management, has been a top performer on the Namibia Securities Exchange with a 32.45% share price increase over the past 12 months. The NSX Overall Index rose 1.06% over the latest trading week, with mixed performance across listed companies.
14 July 2026 · The Namibian →

Tuesday 7 July

NSX closes marginally higher on banking sector gains
The Namibian Securities Exchange closed marginally higher on 6 July, with the NSX Local Index rising 0.04% and the NSX Overall Index advancing 0.63%, driven by gains in banking and investment counters including SBN Holdings, Capricorn Group, and FirstRand Namibia.
7 July 2026 · The Namibian →

Monday 15 June

President says government alone cannot fix Namibia's challenges
President Netumbo Nandi-Ndaitwah said Namibia's unemployment, poverty and inequality require collective action from citizens, businesses and communities, not government action alone. She called for active participation in nation-building and urged citizens to engage in community development and national dialogue.
15 June 2026 · Windhoek Observer →

Thursday 11 June

Capricorn Group invests N$1.2 million in women's cricket partnership
Capricorn Group has renewed its partnership with Cricket Namibia, committing N$1.2 million over two years (June 2026 to May 2028) to support the national women's team, Under-19 women's squad, girls' cricket festivals, and girls' schools league.
11 June 2026 · New Era →
Capricorn Group extends women's cricket sponsorship to 2028
Capricorn Group renewed its partnership with Cricket Namibia, extending sponsorship of women's cricket by N$1.2 million over the next two years. The company will continue as naming partner to the national women's team (Capricorn Eagles), the u19 team, girls cricket festivals, and girls schools league until May 2028.
11 June 2026 · The Namibian →

Wednesday 3 June

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

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

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

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

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

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

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

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

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

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

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 →
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

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 →