Namibia Minute.
Thursday, 22 October 2026
Namibia’s news, on the hourWork with us
Thursday, 22 October 2026
Windhoek—:—London—:—New York—:—Beijing—:—
Namibian press · Organization

Capricorn Group

Also known as: the Capricorn Group · Capricorn Group Limited

Diversified financial services group operating in Namibia and Botswana with subsidiaries including Bank Windhoek and Bank Gaborone; expanded into South African markets in 2026.

2023-05-132026-10-22
Share on WhatsApp

News reports

Order a long-term news report on Capricorn Group

Every mention in the Namibian press over the period you choose, compiled as a PDF or Word document.

Order a news report

Tell us where to reach you and we’ll be in touch to agree the period and format.

What’s been said

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

  1. April 2026

  2. The Namibian

    Capricorn Group gained 0.08%

    Source

    “SBN Holdings gained 0.23%, and Capricorn Group up 0.08%.”

    Namibia market highlights:
  3. March 2026

  4. The Namibian

    Capricorn Group made N$5 million profit a day for six months

    Source

    “the Capricorn Group making a N$5 million profit a day for six months”

    Austerity for Namibia’s Working People?
  5. February 2026

  6. New Era

    Capricorn Group posted profit after tax of N$920 million for six months ended 31 December 2025

    Source

    “Capricorn Group yesterday delivered a solid, and perhaps hard-earned, set of interim results, posting profit after tax of N$920 million for the six months ended 31 December 2025, as Namibia's flagship financial services group navigates a tightening margin environment and rising credit impairments.”

    Capricorn Group posts N$920m profit

  7. The Namibian

    Capricorn Group says it will continue supporting women's cricket and championing female athletes

    Source

    “Capricorn Group says the institution will continue supporting women's cricket and championing female athletes to become world stars.”

    Capricorn vows support for women’s cricket

  8. The Namibian

    Capricorn Group has discontinued its school netball league

    Source

    “In a recent interview with Desert FM, Capricorn chief brand and corporate affairs officer Marlize Horn said though the group has discontinued its school netball league, it will continue supporting the senior national women's cricket team, known as the 'Capricorn Eagles'.”

    Capricorn vows support for women’s cricket

  9. New Era

    Capricorn Group announced the Capricorn Schools Netball League will not continue in the upcoming season

    Source

    “Capricorn Group has announced that the Capricorn Schools Netball League will not continue in the upcoming season, bringing an end to a competition that has been running since 2019.”

    Capricorn Schools Netball League discontinued

  10. The Namibian

    Capricorn Group announced the suspension of the Capricorn Schools Netball League for the upcoming season

    Source

    “Capricorn Group chief brand and corporate affairs officer Marlize Horn has announced the suspension of the popular Capricorn Schools Netball League for the upcoming season.”

    Capricorn Group halts school netball league
  11. January 2026

  12. The Namibian

    Capricorn Group recorded price return of 26.58% in 2025

    Source

    “Data from Cirrus shows that Standard Bank Holdings (SBN) recorded the highest price return of 33.7%, followed by Capricorn Group at 26.58% and FirstRand Namibia rising 17.2%.”

    Banks and telecoms lead NSX gains in 2025
  13. April 2025

  14. The Namibian

    Capricorn Group generates over a billion dollars a year in profits

    Source

    “Yet three banking groups – FirstRand, Capricorn Group and Standard Bank Namibia – each generate over a billion dollars a year in profits.”

    If Namibia Won’t Fund its SMEs, Who Will?

  15. 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
Society

Capricorn Group enhances mental health centre garden project

The News

Capricorn Group employees volunteered through the Change Makers programme to maintain the Garden of Hope at Windhoek Mental Health Centre, a space designed to promote hope, growth, care and renewal for patients. The initiative, established in partnership with the Centre in 2025, was supported this year by the ministry of environment, forestry and tourism, which donated fruit trees to the garden.

20 October 2026 · Windhoek Observer →

Tuesday 20 October

  1. Capricorn Group enhances mental health centre garden project

    Capricorn Group employees volunteered through the Change Makers programme to maintain the Garden of Hope at Windhoek Mental Health Centre, a space designed to promote hope, growth, care and renewal for patients. The initiative, established in partnership with the Centre in 2025, was supported this year by the ministry of environment, forestry and tourism, which donated fruit trees to the garden.

    20 October 2026 · Windhoek Observer →

Monday 19 October

  1. Four Capricorn and Bank Windhoek insiders sell N$6.4 million shares

    Four Capricorn Group and Bank Windhoek officials sold a combined 211,935 ordinary shares worth about N$6.42 million in off-market transactions on 15 October at N$30.30 per share, with required clearance obtained.

    19 October 2026 · The Namibian →

Thursday 15 October

  1. Banks post mixed results as provisions and loans drive performance

    Namibia's major listed banks recorded divergent performances in the first half of 2026. FirstRand Namibia's profit after tax grew 9.3% to N$1.078 billion, driven by lower bad-debt provisions following loan-book clean-up and N$683 million in write-offs, while SBN Holdings boosted pre-provision profit 5.1% through 17.4% loan growth partly supported by a N$2 billion Ministry of Finance facility.

    15 October 2026 · Windhoek Observer →

Wednesday 14 October

  1. Tsaone Raboloko appointed Bank Gaborone managing director

    Capricorn Group has appointed Tsaone Raboloko as managing director of Bank Gaborone, its Botswana banking subsidiary, effective 9 October 2026. The appointment follows regulatory approval and comes as Bank Gaborone undergoes restructuring after recording an N$113 million loss in the year ended 30 June.

    14 October 2026 · Windhoek Observer →

Thursday 8 October

  1. Capricorn Group acquires South African asset financier Centrafin

    Namibian financial services group Capricorn is taking an 81.6% stake in South African specialist asset financier Centrafin, valued at R788.3 million in enterprise value, as part of its strategy to diversify revenue beyond Namibia and Botswana and expand into the South African market.

    8 October 2026 · The Namibian →

  2. Capricorn Group acquires majority stake in South African rental firm

    Capricorn Group Limited has made a binding offer to acquire an 81.6% initial stake in Centrafin, a South African specialist equipment rental and asset financing business, for an enterprise value of R788.3 million, with an option to acquire the remaining 100% over five years.

    8 October 2026 · Windhoek Observer →

Saturday 3 October

  1. NSX Local Index gains 0.11%, South African shares fall

    Namibia's NSX Local Index rose 0.11% while the NSX Overall Index fell 0.27%, with gains from Capricorn Group, FirstRand Namibia, SBN Holdings, and Mobile Telecommunications Limited. South African markets declined, with the JSE All Share Index falling 0.85% and the Top 40 Index down 0.92%.

    3 October 2026 · The Namibian →

Thursday 1 October

  1. Capricorn Group profit falls 6.4% as Botswana performance weakens

    Capricorn Group's profit declined 6.4% to N$1.87 billion for the year ended June, with weak performance in Botswana and higher credit impairments offsetting stronger results from Bank Windhoek. Bank Gaborone swung from a N$167 million profit to a N$113 million loss, accounting for most of the group's N$128 million earnings decline.

    1 October 2026 · The Namibian →

Monday 21 September

  1. Capricorn Group FY27 earnings forecast to decline 6.8%

    Simonis Storm forecasts Capricorn Group's 2027 headline earnings at N$1.626 billion with Headline Earning Per Share expected to decline 6.8% to 320.4 cents, based on assumptions of 3% loan growth and a 105 basis points credit loss ratio, though the group's capital position remains strong.

    21 September 2026 · Windhoek Observer →

Saturday 19 September

  1. Capricorn share price rises 30% despite profit decline

    Capricorn Group's share price rose nearly 30% to N$28.12 in the year to June 2026, lifting market capitalisation to N$15 billion, even as annual profit fell 6.4% to N$1.87 billion. The group's price-to-earnings ratio increased from 5.9 times to 8.2 times.

    19 September 2026 · The Namibian →

  2. Entrepo Finance's loan book shrinks by N$500 million

    Entrepo Finance's loan book fell from N$2.2 billion in 2025 to N$1.7 billion by June 2026 after the government ended its contract with payroll deduction administrator Avril Payment Solutions, disrupting the microlender's ability to issue new loans to civil servants. Despite the decline, Entrepo increased profit by 6% and contributed 14% of parent company Capricorn Group's total profit after tax.

    19 September 2026 · The Namibian →

Friday 18 September

  1. Capricorn Group profit falls 6.4% to N$1.87 billion

    The diversified financial services group's profit after tax declined 6.4% to N$1.87 billion for the financial year ended 30 June 2026, amid higher funding costs and weaker economic conditions in Botswana, though non-interest income rose 8.3% to N$2.62 billion.

    18 September 2026 · Windhoek Observer →

Saturday 12 September

  1. Capricorn Group invested N$29.3 million in social programmes

    Capricorn Group's Social Value Report 2026 documents how the group and its subsidiaries invested N$29.3 million during the financial year ending 30 June 2026 in corporate social investment and sponsorship initiatives focused on education, community wellbeing, economic participation, sport and sustainable development across Namibia and Botswana.

    12 September 2026 · The Namibian →

Friday 11 September

  1. Capricorn Foundation invests N$56.7m in community initiatives

    The Capricorn Foundation has invested N$56.7 million since 2020 across education, economic advancement, vulnerable communities, health, and sustainability programmes, with N$21.9 million directed to education and training as its largest focus area.

    11 September 2026 · New Era →

Thursday 10 September

  1. Three in four Namibian children lack school readiness

    A national early childhood development study cited by Development Workshop Namibia found that three out of four Namibian children are not considered ready for school. The organization's ECD project, which began in 2023, is working to improve learning quality in informal settlements by supporting 30 centres, 64 teachers, and over 1,042 children through infrastructure construction, learning materials, and educator training.

    10 September 2026 · Windhoek Observer →

  2. CSI Mukopano platform launches collaborative corporate social investment

    The CSI Mukopano platform, launched in July with an inaugural conference in September, brings together corporate Namibia, civil society and the public sector to coordinate strategic, impact-driven investments aimed at community well-being and socioeconomic progress, marking a shift from siloed partnerships to more collaborative approaches.

    10 September 2026 · The Namibian →

  3. Capricorn Group invests N$29.3m in corporate social causes

    The Capricorn Group and its subsidiaries invested N$29.3 million in corporate social investment and sponsorships across Namibia and Botswana during the 2026 financial year, with outcomes including 11,392 people receiving regular meals and 35,000 children benefiting from early childhood development materials.

    10 September 2026 · Windhoek Observer →

Wednesday 9 September

  1. Capricorn moves 350 staff to new CBD head office

    Capricorn Group is relocating 350 employees to a new 13-storey head office in Windhoek's central business district, a private-sector construction project that employed over 200 people directly and spent about 95% of its budget on local trades and vendors. The building will house Bank Windhoek and Capricorn teams and is expected to boost foot traffic and support city centre revitalisation.

    9 September 2026 · The Namibian →

Friday 4 September

  1. President urges caution on foreign debt, domestic capital mobilization

    President Netumbo Nandi-Ndaitwah has warned that Namibia must be cautious about taking on international debt and should instead prioritize mobilizing capital within the country to finance development. During a meeting with Capricorn Group, the financial services company outlined its loan and advances portfolio exceeding N$40 billion and its commitment to invest in sectors including oil and gas and SMEs.

    4 September 2026 · New Era →

Thursday 27 August

  1. Capricorn Group honours 35 grassroots community leaders

    Capricorn Group and Imago Dei held a ceremony in Windhoek to recognise 35 community leaders from across Namibia, with certificates of appreciation presented by Emma Kantema, minister of gender equality and child welfare. The event themed "Service Beyond Self: The Power of Everyday Heroes" recognised leaders advancing food security, child protection, early childhood development, women's livelihoods and community support.

    27 August 2026 · Windhoek Observer →

Sunday 9 August

  1. Capricorn Group marks four decades building diversified financial services

    Capricorn Group, listed on the Namibia Securities Exchange, has grown as a diversified financial services group over more than four decades with operations across Namibia and Botswana, including Bank Windhoek, Bank Gaborone, Capricorn Asset Management, and Capricorn Private Wealth.

    9 August 2026 · The Namibian →

Thursday 6 August

  1. Government payroll system ends, Entrépo microlender freezes new loans

    Entrépo Finance, a microlender that relied on government payroll deductions for civil servants, has stopped granting new loans after the Ministry of Finance ended its payroll deduction management system in November. The company, 55.5% owned by Capricorn Group, has retrenched close to 20 employees and has not approved a new loan in more than six months, according to sources.

    6 August 2026 · The Namibian →

Wednesday 5 August

  1. Capricorn Eagles advance despite T20 final loss to Uganda

    Namibia's women's cricket team won all six group matches in the Capricorn Women's T20 Quadrangular tournament but fell short in the final, losing to Uganda by 17 runs while reaching 129/6 in chase of 146. Despite the loss, Namibia won two matches each against Uganda, Hong Kong and Tanzania, with captain Sune Wittmann claiming the batter of the tournament award (238 runs at 47.60 average) and Mekelaye Mwatile winning both bowler of the series (8 wickets at 5.65 economy rate) and player of the series awards.

    5 August 2026 · The Namibian →

Monday 20 July

  1. 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

  1. 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

  1. 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 →

  2. 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

  1. 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

  1. 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

  1. 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 — Namibian press coverage · Namibia Minute