Home Africa Namibia: Capricorn Group pays N$656 million to government, regulators – National

Namibia: Capricorn Group pays N$656 million to government, regulators – National

Namibia: Capricorn Group pays N6 million to government, regulators – National

Africa Links 24 with Shania Lazarus
Published on 2025-03-03 10:56:28

The Capricorn Group has paid N$656 million to the government and regulators in the last six months.

According to the group’s six months’ results for the year ended 31 December 2024, a total of N$2.9 billion was spent on creating value for its stakeholders.

This includes N$690 million spent on employees, N$656 million paid to the government and regulators and N$321 million for ordinary shareholders.

In addition, suppliers received N$562 million, communities received N$21.2…

Read the Full article on The Namibian

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