Botswana drags down Capricorn profit

Capricorn Group’s profit fell 6.4% to N$1.87 billion for the financial year ended June, as a weak performance in Botswana weighed on the group despite stronger results from Bank Windhoek. The decline of N$128 million marks the group’s first earnings contraction since the post-Covid-19 recovery, with higher credit impairments and weaker lending margins in Botswana […] The post Botswana drags down Capricorn profit appeared first on The Namibian .