Capricorn Group’s structure brings together a carefully selected portfolio of subsidiaries and associates that operate across banking, investment management, insurance, microlending, telecommunications and property development. At the centre of this structure is Capricorn Group Ltd, a Namibian-owned financial services group listed on the NSX. The Group holds significant shareholding in Capricorn Investment Holdings Botswana (CIHB), which in turn owns Bank Gaborone and Peo Finance, extending our reach into the Botswana market and strengthening regional impact.

In Namibia, the Group owns several key subsidiaries, including Bank Windhoek, Capricorn Asset Management, Capricorn Unit Trust Management Company and Entrepo Holdings. These businesses provide banking, lending, asset management, and credit protection solutions, serving a broad customer base across different segments. Namib Bou supports the Group’s property development activities, while Capricorn Capital in South Africa offers specialist advisory services that enhance our portfolio and regional presence.

​Our Group structure also includes strategic associates such as Sanlam Allianz Namibia Holdings, Santam Namibia Ltd and Paratus Group Holdings. These partnerships strengthen our offering through life insurance, short-term insurance and regional telecommunications services. Together, this integrated structure enables the Group to share capabilities, unlock synergies, diversify income streams and ensure long-term resilience across Namibia and Botswana, supporting sustainable growth.​