Principles for Responsible Investment Breakfast

i-Centric Admin Events - Norsad Capital

Norsad Finance recently co-sponsored the United Nations Principles for Responsible Investment (“PRI”) Investor Breakfast held in Gaborone, under the theme “Environmental, Social and Governance (“ESG”) Integration and Responsible Investment: What Investors Need to Know,”. This collaboration brought together various key stakeholders to impart knowledge on the need to make responsible investment decisions through the integration of ESG standards, and bolster a stronger culture of ESG practice for local asset owners. The platform was a unique educational interactive dialogue.

Nicole Martens (Head of Africa and Middle East at PRI), explored trends with regards to climate change and responsible investment, active ownership, responsible investment approaches and tools and resources for responsible investment.

Khumoetsile Sekucha, Portfolio and Risk Director at Norsad, informed participants that “Active ownership is regarded as one of the most effective mechanisms to reduce risks, maximise returns and have a positive impact on society and the environment.’’ She further articulated that this will in turn enhance knowledge of investors on specific issues, resulting in them making more informed and impactful investment decisions.

Tshepho Mpolokeng, Portfolio Manager at Norsad Finance, on providing an overview of Norsad’s responsible investment approach, highlighted that incorporating ESG into the investment appraisal process can directly or indirectly have a positive impact on the top and bottom line of a portfolio company, reduce operational risk and improve overall asset quality in the long run.

Norsad 2nd Edition CBD Blood Donation Drive

i-Centric Admin CSR - Norsad Capital

Norsad Finance held its second edition of the annual Central Business District (CBD) Blood donation drive on 06 July 2019 at the Three Dikgosi Monument in Gaborone, Botswana in view of the chronic shortage of blood in the country. The event saw Norsad partnering with the National Blood Transfusion Services (NBTS) and other stakeholders namely, Food Lovers Market, SADC DFRC and Glen Valley Youth Club. This year’s event was held under the theme ‘Safe Blood for All’. The set target of 100 pints of blood was exceeded with 101 pints collected and represents double the amount collected in the first edition of the blood drive.

Norsad unveils new headquarters

i-Centric Admin Events - Norsad Capital

On 4th April 2019, Norsad reached another milestone in its journey with the unveiling of the new Norsad Finance Limited Head Office in the Central Business District of Gaborone, Botswana.

During the official welcome of guests, Norsad Finance Chief Executive, Mr. Kenny Nwosu acquainted all with Norsad’s rich history in the Southern African region which dates back to 1990. He informed that for over 20 years, Norsad operated as a Nordic-SADC multilateral agency based in Lusaka, Zambia and provided funding in the SADC region to enterprises deemed financially, socially and environmentally sustainable. He further noted that the relocation to Gaborone, Botswana, as a mainland Financial Services Centre in 2012, was strategic in establishing the ‘new Norsad’ as a premier provider of complementary financing, including bespoke debt and mezzanine financing solutions, to growth companies and financial institutions that achieve significant impact.

Norsad Finance is head quartered at Plot 54366 Peelo House, Western Commercial Road, Central Business District, Gaborone, Botswana and is a registered IFSC Company administered by BITC and regulated by NBFIRA. Norsad has a Representative Office in Johannesburg, South Africa and a total staff compliment of 21 in both offices.

Norsad Relocates to Botswana | Business News

i-Centric Admin Updates - Norsad Capital

Norsad Finance has relocated to Botswana. After more than 20 years of operating in Lusaka, Zambia, the institution now operates from Gaborone’s new central business district not too far from the iconic I-towers building.

The move follows the transformation of the former multilateral entity, NORSAD Fund, which has been incorporated as a limited liability company in Botswana and is accredited to International Financial Services Centre (IFSC).

The Norsad Finance office in Lusaka was closed down at the end of December 2012.The investment professional team and office equipment was relocated to Gaborone during the Christmas break 2012. The new office opened its doors in the middle of January 2013.

As part of the growth strategy the company adopted in 2012, four additional Batswana investment professionals were recruited at the beginning of 2013.