Key Factors
- Namibia’s richest folks play a significant function in financial development, driving industries resembling retail, actual property, banking, and fishing by investments and job creation.
- Frans Indongo leads the wealthiest Namibians with a $150 million internet value, overseeing main sectors like retail, agriculture, and actual property by the Frans Indongo Group.
- Key enterprise leaders, together with Koos Brandt, Sven Thieme, and Quinton van Rooyen, are increasing Namibia’s financial affect throughout Southern Africa and past.
Namibia, certainly one of Southern Africa’s most secure economies, has successfully harnessed its mineral wealth and personal sector development to drive significant progress. Key entrepreneurs, financiers, and industrialists play an integral function on this transformation, fueling industries and serving to form the area’s future.
The seven wealthiest Namibians have a mixed internet value of $347 million, spearheading the nation’s development by investments, job creation, and infrastructure improvement. Fransisco Aupa Indongo, with a internet value of $150 million, leads the group. His Frans Indongo Group is a significant drive in retail, actual property, automotive, and agriculture. As certainly one of Southern Africa’s largest black-owned companies, it has helped form Windhoek’s skyline, supported regional provide chains, and supplied employment to over 1,200 folks.
Koos Brandt, with a fortune of $60 million, stands as a distinguished determine in Namibia’s monetary sector. Because the founding father of Capricorn Group, he reworked the banking panorama following liberalization, turning the NSX-listed firm into a number one financier of SMEs, infrastructure, and authorities initiatives. His successor, Marthinus Prinsloo, is now increasing Capricorn’s presence into Botswana and Zambia.
Sven Thieme, CEO of Ohlthaver & Record (O&L), is one other key participant, with a internet value of $70 million. O&L is Namibia’s largest personal employer, with over 6,000 workers unfold throughout sectors resembling drinks, meals, fishing, and property. The corporate’s regional attain consists of well-known manufacturers like Windhoek Lager and Hangana Seafood, aligning with the targets of the African Continental Free Commerce Space (AfCFTA).
Quinton van Rooyen, with a internet value of $25 million, has constructed a diversified portfolio by Trustco, with pursuits spanning monetary companies, actual property, and assets. Trustco’s growth into Angola and South Africa showcases Namibia’s rising financial affect. Christiaan Haikali, valued at $7.6 million, is thought for his management in company governance and his dedication to monetary inclusion, significantly by FirstRand Namibia and different monetary establishments.
These enterprise leaders will not be simply accumulating wealth however are laying the groundwork for Namibia’s continued financial development and its increasing function within the area.
- Fransisco Aupa Indongo
Web Value: $150 million | Age: 89 | Sector: Diversified
Fransisco Aupa Indongo is the founder and chairman of the Frans Indongo Group, certainly one of Namibia’s largest privately held conglomerates with a diversified portfolio spanning retail, actual property, automotive, and agriculture. His entrepreneurial journey started within the late Nineteen Fifties with a humble brick-making enterprise, which he reinvested into tailoring and retail. This strategic reinvestment laid the inspiration for his grocery store chain, which ultimately grew into the expansive enterprise empire he leads at present. Indongo’s holdings embrace iconic Namibian property resembling Indongo Toyota, Frans Indongo Gardens, the Etango Advanced, Choose Service Fuel Stations, and Farm Gelukwater. His funding arm, Continental Enterprises, extends into mining and fishing ventures, additional diversifying his wealth. Moreover, his actual property pursuits span key Namibian cities together with Windhoek, Swakopmund, Tsumeb, Walvis Bay, and Otjiwarongo, cementing his place as a central determine in Namibia’s financial panorama.
- Koos Brandt
Web Value: $80 million | Age: 81 | Sector: Monetary Companies
Koos Brandt, born Jacobus Christiaan Brandt, is the founder and former chairman of Capricorn Group, certainly one of Namibia’s largest and most influential monetary companies conglomerates. Since its institution in 1982, the group has been a dominant drive within the banking, insurance coverage, and asset administration sectors, with flagship manufacturers like Financial institution Windhoek and Financial institution Gaborone. Though he stepped down as chairman in 2017, Brandt retains a big 18.5 % stake within the firm, valued at over $105 million. Beneath Brandt’s management, Capricorn Group expanded throughout Southern Africa, with a presence in Botswana and Zambia. By strategic investments in logistics, inexpensive housing, and extra, Brandt has considerably formed Namibia’s monetary panorama. Right now, he stays a distinguished determine in Southern Africa’s enterprise and philanthropic circles, persevering with to affect Capricorn’s strategic path.
- Sven Thieme
Web Value: $70 million | Age: 57 | Sector: Diversified
Sven Thieme, the chairman and CEO of Ohlthaver & Record Group, is on the helm of Namibia’s largest privately held firm, with diversified operations throughout drinks, meals manufacturing, fishing, property, and leisure. Taking up the reins of the family-run conglomerate in 2002, Thieme has reworked O&L right into a regional powerhouse with a footprint throughout Southern Africa. Recognized for his forward-thinking method, Thieme has championed sustainability and innovation initiatives inside Namibia’s personal sector. He was instrumental in establishing the Improvement Financial institution of Namibia in 2004 and served as president of the Namibia Chamber of Commerce and Business from 2014. With a background in auditing, Thieme has earned recognition as certainly one of Namibia’s most influential enterprise leaders, recognized for his strategic foresight and dedication to company development.
- Quinton van Rooyen
Web Value: $25 million | Age: 59 | Sector: Monetary Companies
Quinton van Rooyen is the founder and government chairman of Trustco Group Holdings, a Namibian funding holding firm with a various portfolio that spans monetary companies, insurance coverage, actual property, and the useful resource sector. Van Rooyen holds a 63.94 % stake in Trustco. The corporate has expanded its attain each domestically and internationally, with a big presence in Namibia, the U.S., and different markets. Beneath his management, Trustco has pioneered modern options in wealth administration and property improvement whereas being listed on the Namibian Inventory Change. His $25 million internet value displays his dominant function in Namibia’s monetary companies business, the place he stays a key participant.
- Christian Lilongeni Ranga Haikali
Web Value: $10 million | Age: 56 | Sector: Monetary Companies
Christian Lilongeni Ranga Haikali is a distinguished Namibian businessman, greatest recognized for his management in FirstRand Namibia and his function as president of the Namibia Soccer Affiliation. Haikali holds a 1.18 % stake in FirstRand Namibia, valued at roughly $7.6 million, positioning him as a key participant in Namibia’s banking sector. He has additionally performed a significant function in governance and company management throughout a number of sectors. Along with his skilled achievements, Haikali is a distinguished determine in Namibian sports activities and civic improvement, making vital contributions to each the monetary and societal material of Namibia.
- Rolf Mendelsohn
Web Value: $7 million | Age: 43 | Sector: Telecommunications
Rolf Mendelsohn is the co-founder, CEO, and CTO of Paratus Namibia Holdings, certainly one of Namibia’s main telecommunications firms. Beneath his management, Paratus has expanded past Namibia, establishing itself as a pan-African connectivity participant with operations in Angola, Zambia, Botswana, and South Africa. Mendelsohn holds a 12.53 % stake within the publicly traded firm, valued at $4.2 million. Mendelsohn’s background in engineering and innovation has been key to the corporate’s aggressive growth technique, which focuses on fiber networks, knowledge facilities, and worldwide bandwidth capability. As certainly one of Namibia’s most distinguished figures within the ICT sector, Mendelsohn continues to drive the nation’s digital transformation.
- Gida Nakazibwe-Sekandi
Web Value: $5 million | Age: 71 | Sector: Monetary companies
Gida Nakazibwe-Sekandi is a distinguished Namibian lawyer and company chief, recognized for her management function at Capricorn Funding Holdings. Sekandi held the place of government director on the agency till her retirement in October 2024. She owns a 0.2 % stake in Capricorn, at the moment valued at $0.89 million. Along with her company profession, Sekandi has been a key determine in communications, having based the Public Relations Institute of Southern Africa (Namibia). Her intensive expertise in governance and company legislation has made her an influential determine in Namibia’s monetary and authorized sectors.
