Page 118 - Capricorn IAR 2020

GLOSSARY OF TERMS ANNUAL FINANCIAL GLOSSARY OF TERMS STATEMENTS
DIRECTORS’ REPORT (continued)
for the year ended 30 June 2020
Subsidiaries of Bank Windhoek Ltd:
• Bank Windhoek Nominees (Pty) Ltd (dormant) − Custodian of third-party investments
• BW Finance (Pty) Ltd − Microlending
• Bank Windhoek Properties (Pty) Ltd − Property investment
Subsidiaries of Capricorn Investment Holdings (Botswana) Ltd:
• Bank Gaborone Ltd (“BG”) − Banking
• BG Insurance Agency (Pty) Ltd (subsidiary of BG) − Insurance brokers
• CIH Insurance Brokers (Pty) Ltd (dormant) − Insurance broking
• Peo Micro (Pty) Ltd (dormant) − Microlending
• Capricorn Asset Management (Botswana) (Pty) Ltd (dormant) − Asset management
Subsidiary of Cavmont Capital Holdings Zambia Plc: (classified as a discontinued operation):
• Cavmont Bank Ltd (“CB”) (classified as a discontinued operation) − Banking
On 16 June 2020, the Group signed a term sheet with Access Bank (Zambia) Ltd, a subsidiary of Access Bank Plc, to sell its banking subsidiary in Zambia, Cavmont Bank Ltd, a wholly owned subsidiary of Cavmont Capital Holdings Zamibia Plc. The associated assets and liabilities were consequently presented as held for sale as at 30 June 2020.
Subsidiaries of Entrepo Holdings (Pty) Ltd
• Entrepo Finance (Pty) Ltd − Microlending
• Entrepo Life Ltd
− Long-term insurance
Associates:
• Sanlam Namibia Holdings (Pty) Ltd − Long–term insurance
• Santam Namibia Ltd
− Short–term insurance
• Paratus Namibia Holdings Ltd
− Holding company for ICT network solutions company
• Paratus Group Holdings Ltd
− ICT network solutions, satellite connectivity and infrastructure.
Registered address of Capricorn Group Ltd:
6th floor
Capricorn Group Building Kasino Street
Windhoek
Namibia
Company registration number: 96/300 Country of incorporation: Republic of Namibia
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