Statement by Capricorn Group on its response to the COVID-19 Pandemic
Capricorn Group is a regional financial services group with operations in Namibia, Botswana, Zambia and South Africa. We are very aware that as a regional group, the COVID-19 pandemic can have a severe impact on our operations if we do not proactively and responsibly manage potential and existing risks related to the outbreak. On 17 March the President of Namibia declared a National State of Emergency in response to the public health emergency created by the outbreak of the COVID-19 virus in Namibia.
The Group is continuously monitoring directives from the governments in the countries where we operate to ensure that our response plans are in line with and in support of government directives to curb the spread of the disease, such as banning and restricting gatherings, closing educational facilities and encouraging social distancing. These measures have been put in place to ensure global healthcare systems are not overwhelmed and that those who need it most can get the care they need.
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It is our belief that knowledge of financial matters equips individuals to make sound financial decisions. We further believe that as a financial institution we have responsibility to educate Batswana on financial matters. That is why we started the first of its kind MD&HE Charity Fun Cycle, where our Managing Director Sybrand Coetzee and some executive members rode along His Excellency The President, Lieutenant General Doctor Seretse Khama Ian Khama and some cabinet Ministers. Through our client’s support we raised P262 000, P 15 000 was donated to the President’s Charitable Trust to support the President’s Housing Appeal and the remainder is being used to execute the Bank Gaborone Financial Literacy Program. Bra SID our savings and investment ambassador shares tips on a variety of financial topics.
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Corporate Social Responsibility
Bank Gaborone invests in a range of social and community-based projects that aim to make an improved and sustainable difference in the lives of those who benefit from our social investment. Bank Gaborone has continued to create and support initiatives that are in consonance with both its Corporate Social Responsibility policy and other projects which remain a staple on the banks agenda. Over its 10 years of operation there have been various Corporate Social Responsibility undertakings with a great number of them aimed at youth focused organizations. Bank Gaborone has also taken it upon itself to make certain initiatives such as fighting Cancer and Diabetes a staple as health indicators show that these two illnesses are becoming a growing concern in Botswana. As it grows the bank intends to further strengthen its relations with stakeholders in order for its donations and sponsorships to reach out to more communities.
Bank Gaborone also sits on the Botswana Bureau of Standards (BOBS) Social Responsibility Technical Committee which has set out to develop social responsibility standards for Botswana which are in accord with International Standard Organisation (ISO). These standards will assist organisations in Botswana to establish, implement, maintain and improve social responsible frameworks which will allow the country to manage business impact on communities and the environment in which they operate. They will also ensure that Botswana remains a competitive global player by having practices which are internationally accepted.
We are challenged by rising public expectations, increasing innovation, continuous quality improvement and heightened social and environmental problems. We intend to chart a CSR course within a very complex and dynamic environment. We will continue to reflect on the longer-term trends in CSR - the future of corporate social, environmental, stakeholder demands and ethical responsibility beyond the immediate operating environment. We believe that CSR is part of a search for a new social contract between business and society.
Bank Gaborone Charity Golf Day
The Bank Gaborone Charity Golf day started in 2011 and was one of the banks flagship charity events aimed at raising funds for worthy causes that help the needy and those who are less fortunate. Since its inception the event has raised over P200 000. Beneficiaries are from all over Botswana and include Lephoi Centre (Francistown), Botswana Baylor Children’s Clinical Centre of Excellence (Gaborone), Bakgatla Bolokang Matshelo (Mochudi) and Window of Hope (Ghanzi) among others.
]Haskins Gaborone Regional Youth League
Aligning itself with its agenda to assist youth focused initiatives, the bank sponsored the Haskins Gaborone Regional Youth League in 2014 which is a football tournament aimed at developing players from disadvantaged backgrounds. The bank sponsored an U15 team called Smoden from Mogoditshane.
North Vs South U13 Soccer Tournament
The bank sponsored a football tournament of private primary schools from the North and South of Botswana called North Vs South U13 Soccer Tournament. The initiative supported the development of sporting talent from both the northern and southern region of Botswana.
Mini Cricket World Cup
The bank has also sponsored the 2015 and 2016 Mini Cricket World Cup. This is a tournament played by U13 primary going children represented by five different nationalities: Botswana, India, Sri Lanka, South Africa and Pakistan. The bank was the main sponsor of the 2016 event having.
Time Adventure Challenge
Bank Gaborone has over the past three years donated to charity by sponsoring and participating in the outdoor sporting event Time Adventure Challenge that is a collaboration between Time Projects with the Rotary Club. The event is a relay comprising of cycling and trail running. All proceeds for this event are donated to charity.
HE and MD Charity Fun cycle
Bank Gaborone & Office of the President held the first ever H.E. and MD Charity Fun Cycle event in aid of the President’s Housing Appeal and the Bank Gaborone Financial Literacy Program aimed at teaching Batswana effective financial management. His Excellency Lt. Gen. Dr. Seretse Khama Ian Khama and select Cabinet Ministers cycled a total of 100km alongside Bank Gaborone Managing Director Sybrand A. Coetzee and some members of his Executive Management team and a number of participating cyclists from various private and public sector organisations. Bank Gaborone clients supported the initiative by making donations amounting to approximately P 250 000 which will be used to educate Batswana on Financial matters.
Apple Diabetes Project
The Bank does not only pride itself with contributing to the community but seeking innovative ways in which it can involve the community in the process. Partnering with both the Diabetes Association and retail giant Tetseng Retail Group (Spar), the Diabetes Apple Project became the first of its kind fundraiser where the public were requested to donate funds through the purchase of apples. This not only assisted to raise funds but also promoted a healthy lifestyle by encouraging the public to eat healthy foods such as an apple. The bank together with its partner beneficiary; Diabetes Association of Botswana held a walk coupled with testing the public for diabetes in order to raise awareness about the disease. The Diabetes Association of Botswana has remained a constant on the banks Corporate Social Responsibility initiatives since 2012 when the association was a beneficiary of funds raised at the 2012 Charity Golf Day. The Diabetes Apple Project raised P150 000 which was handed over to The Diabetes Association of Botswana by the then Minister of Health Hon. Min. Reverand Dr. John Seakgosing.
Other projects sponsored by Bank Gaborone
Up- Kgale Hill Challenge
Gamodubu Children’s Trust
Kang Primary School
Ratsie Setlhako Primary School
Cross fit training series
Lady Khama Charitable trust
Botswana Society for Prevention of Cruelty to Animals (BSPCA) Golf day
Inter church sports ministry sponsored walk
Nando’s Walk for Diabetes
Son of the Soil
UB Foundation Golf Day
House of Peace
Annual University of Botswana Foundation Gala Dinner
Dlala CupBotswana Cycling Championships