2019 at A glance


Capricorn Group has three main banking subsidiaries in Namibia, Botswana and Zambia. Our main interests are in financial services. The group also recently invested in a telecommunications and technology investment company to position itself for the future convergence between telecommunications, data and financial services. Our customers range from high-net-worth individuals to corporates, small businesses and government employees in all territories. Our value proposition is built around customers rather than products or channels. We apply technology in transactional banking services, products
and digital functionality to address
future customer needs.

Retail banking Corporate transactions
Corporate and business banking Property development
Wealth management and private banking Forex and trade finance
Lending Corporate finance
Investment and asset management Capital markets
Bancassurance Specialised finance
Specialist asset finance Term lending


By making connections for positive change, we were able to show positive comparisons on all key indicators. Our results were bolstered by the first-time contribution from Entrepo.

Detailed commentary on our performance is available in the leadership reports.


Our board is responsible for establishing effective leadership, ethical practices and the appropriate application of governance practices. The board ensures that Capricorn Group remains a sustainable, well-performing and legitimate business.

Group board sustainability and ethics committee

Group board human resources committee

Group board nominations committee

Group board remuneration committee

Board procurement committee

Group board investment committee

Group board IT committee

Board audit, risk and compliance committee

Read about governance, risk management and remuneration in governance report.