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Capricorn Group unveils Capricorn Corner building
Capricorn Group unveils Capricorn Corner building

Capricorn Group unveils Capricorn Corner building

Wetumwene Shikage
On Thursday, 11 November 2021, the corner of Nelson Mandela Avenue and Hofmeyer Street in Klein Windhoek buzzed as guests attended the unveiling of Capricorn Group’s state-of-the-art new office facilities, known as Capricorn Corner.

The building’s inauguration was officiated by Koos Brandt, one of the founders of Bank Windhoek in 1982 and Capricorn Group visionary.

Capricorn Group chairperson Johan Swanepoel recalled the board’s deliberations on the construction of the building while faced with the economic impact of Covid-19. He said, “The board was very mindful of the positive impact the project would have in securing jobs and stimulating the economy. When others were disinvesting, postponing investment, and cutting capital expenditure, Capricorn Group took the bold decision to invest, and the board approved the development of Capricorn Corner. The investment in Capricorn Corner helped secure 250 jobs over 16 months and injected N$110 million into our economy.”

Capricorn Corner will house the Group’s data centre, an in-house training centre, various departments of Bank Windhoek such as Trusts and Estates, People Development, Operations, and the Collateral department. The office block was designed according to world-class standards to be future proof, environmentally friendly and safe to meet the current needs of employees and the future workforce.

The office block of 3 258 square metres consists of five floors, nine boardrooms, conference facilities for 40 people, a training centre with four classrooms and a technologically advanced data centre. It also boasts a facility that can host up to 100 people for events. In addition, the conference and event spaces have live-steaming capabilities, and the classrooms are equipped to facilitate remote training.

The roots of Capricorn Group have run deep in Namibia for nearly 40 years. The Group supported many local businesses and secured jobs by providing work and income-earning opportunities during a challenging period, especially for the construction industry. Capricorn Corner is proudly a Namibian building designed, constructed, equipped, furnished, and decorated by Namibians.

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Namibian Sun 2024-11-24

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