Biography Of Koos Brandt (Age , Wife , Net Worth) – Namibian businessman Koos Brandt’s stake in Namibia-based investment firm Capricorn Group Limited has increased dramatically since the beginning of the year, as the group’s shares continue to rise on the Namibian Stock Exchange.
According to Billionaires.Africa statistics, the market value of Brandt’s share in Capricorn Group has increased by NAD217 million ($13 million) since the start of the year, thanks to persistent purchasing activity on the local exchange as investors remained bullish about the group’s financial performance in 2022.
The Capricorn Group has operations in Namibia, Botswana, and Zambia. The group’s main brand, Bank Windhoek, is Namibia’s largest locally-owned bank and the country’s second-largest commercial bank.
With an 18.52 percent interest, Brandt, who stepped down as chairman of the company and Bank Windhoek in 2017, is the largest individual shareholder.
Shares in the Namibian investment holding company were trading at NAD13.3 ($0.797) a share on the Namibian Stock Exchange as of press time on July 8, 2.3 percent higher than their opening price on the local bourse this morning.
Shares in the group have recently climbed from NAD11 ($0.659) per share on January 1 to NAD13.3 ($0.797) at the time of writing, reflecting a total 21-percent gain for owners.
The market value of Brandt’s shareholding has climbed from NAD1.037 billion ($62.15 million) at the time of writing this report to NAD1.25 billion ($75.15 million) as a result of the double-digit percent gain in the shares.
Since the beginning of the year, the Namibian businessman has made a total profit of NAD217 million ($13 million).
The growth in the market value of his stock places him ahead of Quinton Van Rooyen, the founder of Trustco Group Holdings, one of Southern Africa’s most diversified financial services organizations.