Capricorn Group Ltd 2017 Integrated Report
The report highlights Capricorn Group's expansion beyond Namibia through the acquisition of controlling stakes in Capricorn Investment Holdings (Botswana) and Cavmont Capital Holdings Zambia. Additionally, the Government Institutions Pension Fund (GIPF) acquired a 25% interest in the group, becoming a key shareholder of reference and providing N$1.3 billion in long-term senior debt funding. The group successfully launched 'The Capricorn Way' to align its organizational culture and updated its code of ethics. Financially, the group grew its assets to N$42.9 billion and achieved a solid operating profit before tax of N$1.19 billion despite a challenging economic environment.
Company: Capricorn Group Ltd
Sector: Finance & insurance
Country: Namibia
Year: 2017
Type: Integrated Report
Pages: 119
Capricorn Group Ltd
The report highlights Capricorn Group's expansion beyond Namibia through the acquisition of controlling stakes in Capricorn Investment Holdings (Botswana) and Cavmont Capital Holdings Zambia. Additionally, the Government Institutions Pension Fund (GIPF) acquired a 25% interest in the group, becoming a key shareholder of reference and providing N$1.3 billion in long-term senior debt funding. The group successfully launched 'The Capricorn Way' to align its organizational culture and updated its code of ethics. Financially, the group grew its assets to N$42.9 billion and achieved a solid operating profit before tax of N$1.19 billion despite a challenging economic environment.
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Document Details
Report Year
2017
Reporting Period
Jul 1, 2016 - Jun 30, 2017
Fiscal Year
2017
Published
Sep 5, 2017
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees