• Home
  • BUSINESS
  • #JustIn: Capricorn Group pumps N$25.8 mln into CSR projects

#JustIn: Capricorn Group pumps N$25.8 mln into CSR projects

Locally-listed Capricorn Group, including the Capricorn Foundation and its subsidiaries Bank Windhoek, Capricorn Asset Management, Entrepo and Bank Gaborone, has invested N$25.8 million in corporate social responsibility (CSR) programmes and projects in Namibia and Botswana during its financial year ended 30 June 2024.


This is nearly 19% more than the previous book-year.


The Capricorn Foundation invested N$11.1 million in projects across its five focus areas:


Education and training – N$5.1 million


Economic advancement – N$2.1 million


Vulnerability initiatives – N$2.6 million


Health – N$300 000


Sustainability programmes – N$1 million


“We are proud of the incredible work of the Capricorn Foundation, which is the main driver of the Group’s CSR initiatives and those of the subsidiaries. This year, we increased our CSR contributions, built relationships with long-standing and new partners, and rethought how we will measure our impact in the future,” said Marlize Horn, group executive: brand and corporate affairs of Capricorn Group and executive officer of the Capricorn Foundation.

Advertisments

Currency: GBP to NAD 22.91 | EUR to NAD 19.2 | CNY to NAD 2.48 | USD to NAD 17.54 | DZD to NAD 0.13 | AOA to NAD 0.02 | BWP to NAD 1.27 | EGP to NAD 0.35 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.65 | ZWL to NAD 0.04 | BRL to NAD 3.12 | RUB to NAD 0.18 | INR to NAD 0.21 | USD to DZD 132.67 | USD to AOA 912.95 | USD to BWP 13.31 | USD to EGP 48.51 | USD to KES 128.5 | USD to NGN 1589.69 | USD to ZAR 17.53 | USD to ZMW 26.47 | USD to ZWL 321 | Stock Exchange: JSE All Share Index Same 0 | Namibian Stock Exchange (NSX) Overall Index 1828.68 Down -0.58% | Casablanca Stock Exchange (CSE) MASI 14148.99 Up +0.92% | Egyptian Exchange (EGX) 30 Index 31175.43 Up +1.05% | Botswana Stock Exchange (BSE) DCI 9661.12 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 618.75/OZ UP +0.39% | Copper US$ 4.39/lb DOWN -0.0004 | Zinc US$ 3 053.50/T UP 0.65% | Brent Crude Oil US$ 77.92/BBP UP +0.89% | Platinum US$ 958.24/OZ UP +0.81% |