Capricorn Group has invested N$26.7 million in social responsibility programmes and projects in Namibia and Botswana for the year ended 30 June 2025, according to its newly launched 2025 Social Value Report.
The investment, which includes contributions from the Capricorn Foundation and subsidiaries Bank Windhoek, Capricorn Asset Management, Entrepo, and Bank Gaborone, marks an increase from N$25.8 million in 2024.
The Group said the funds supported initiatives tackling food insecurity, educational inequality, youth unemployment, health, poverty, and sports development.
The Social Value Report, launched ahead of the release of the Group’s Integrated Annual Report and financial results on 19 September, underscores Capricorn’s commitment to transparency and accountability in its corporate social responsibility (CSR) efforts.
Chairperson of Capricorn Group and the Capricorn Foundation, Gerhard Fourie, said the Group was encouraged by the impact of its efforts.
“We are proud of the progress made in addressing Namibia’s key social issues, such as food insecurity, educational inequality, youth unemployment, vulnerability and contributing to sports development. We take pride in the Capricorn Foundation, which has become a trusted partner in community upliftment. Our collective efforts in every entity and the Foundation are a testament to the power of collaboration, innovation, and purpose-driven action, and reflect our commitment to building a more inclusive and resilient society both in Namibia and Botswana,” said Fourie.
Marlize Horn, Executive Officer of the Capricorn Foundation, said the Foundation would use its experience to broaden its impact.
“We look forward to making even more positive impact in the next five years and to also apply the experience of the past five years, to assist other NGOs to build capacity, including our subsidiary in Botswana, where we are in the process of establishing the Capricorn Foundation,” she said.
The Foundation, established in 2020 and registered as a welfare organisation, is celebrating five years of operations this year. Since its inception, it has invested N$41.6 million in more than 100 CSR projects and programmes, supported by Capricorn Group’s Namibian subsidiaries.
Capricorn Group described its approach as one focused on creating value for communities and driving positive change through strategic partnerships, alignment with the United Nations Sustainable Development Goals, and employee involvement via its Changemaker volunteer programme.
