On Wednesday, 15 May 2019, Capricorn Group hosted an Investor Relations and Integrated Reporting Workshop, in partnership with Greymatter & Finch. Capricorn Group organized this workshop to share the essence of Investor Relations and Integrated Reporting and the importance thereof with like-minded institutions and organisations. This follows on the Group’s first workshop in April last year on Integrated Reporting which created a lot of interest from the business community in this field.
The workshop provided a starter’s guide on the journey towards integrated reporting, how to prepare a meaningful governance report as well as the coordination of an investor relations function. The workshop saw active participation of the NSX, PSG Namibia and Capricorn Asset Management, providing participants with an update on the Namibian listing environment, a perspective on what investors and analysts look for in an integrated report, and context on our current economic environment.
The desire to promote financial stability and sustainable development by better linking investment decisions, corporate behaviour and reporting has become a global need. Integrated reporting has been created to enhance accountability, stewardship and trust, and provide investors with the information they need to make more effective capital allocation decisions which will facilitate better long-term investment.
As a leading financial institution listed on the Namibian Stock Exchange, Capricorn Group recognized the need to enhance its reporting to shareholders and in 2015 embarked on a journey to develop a comprehensive Integrated Report. The Group published its first Integrated Annual Report in 2016. After yearly enhancements and developments thereafter, Capricorn Group’s 2017 and 2018 Reports scooped the Regional Company Award at the Annual Integrated Reporting Awards hosted by Chartered Secretaries Southern Africa in partnership with the JSE Limited.
These awards are recognition that the Group’s Integrated Report adheres to the International Integrated Reporting Council’s IR Framework and is regarded as best practice in transparent communication with shareholders and other stakeholders.
The invited institutions and organizations found Capricorn Group’s practical tips on investor relations to be very insightful.
Capricorn Group’s approach to being a responsible, regional and global citizen is built into the DNA of all their businesses in Namibia, Botswana and Zambia, as a Connector of positive change, the Group has extended this opportunity to encourage others to follow the same path.