Capricorn Group's purpose is “Improving lives through leadership in financial services by being Connectors of Positive Change" and has a solid track record of being a responsible corporate citizen, making a positive difference in the communities that we serve. Since the start of the pandemic, the Group has invested more than N$6 million to support Government and vulnerable communities in the fight against Covid-19.
In 2020 the Group established the Capricorn Foundation, a registered Welfare Organisation (WO.499) to coordinate the Group's corporate social responsibility programmes with the focus areas of Economic Advancement, Education, Health and Vulnerability Programmes. With the outbreak of the pandemic, Health became a major focus of the Foundation.
“There has never been a more poignant time for us to show what it means to be Connectors of Positive Change. I am therefore pleased to announce that Capricorn Group, through the Capricorn Foundation, has donated an amount of N$1,050,000 which will cover the cost of three 21 tonne oxygen trucks. This means that in total Capricorn Group's contribution will secure 63 tonnes of life-saving oxygen for Namibians. In addition, we have also offered our assistance to the Coalition in terms of logistical and administrative support", said Thinus Prinsloo, Group CEO.
“All the Namibian companies of Capricorn Group, including Bank Windhoek, Capricorn Asset Management and Entrepo Holdings contributed to the Capricorn Foundation, enabling the Foundation to make this life-saving donation of oxygen. “I am grateful that we are in a position to contribute to this effort, which once again proves the power in collaboration and working together towards a common goal to create meaning full change and making a deep and lasting impact", said Marlize Horn, Acting Head of the Capricorn Foundation.
“The first of the three 21 tonne trucks with oxygen donated by the Capricorn Foundation is expected to arrive in Windhoek during the week of 5 July and the oxygen will be used to refill the tank at Katutura State Hospital as well as support public hospitals with oxygen tanks around the country. I would like to thank the NCCI and our private sector partners for this massive effort that has delivered exceptional results over a very short space of time and which literally saved people's lives", concluded Jaco Esterhuyse, Financial Director of Capricorn Group.