Page 2 - Gondwana Value Creation Report 2020
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CONTENTS                                                                                                                                                                                                                                                                                                       Gondwana is a proud Namibian


             2                                    36                                                                                                                                                                                                                                                          company with a passion for conserving




             A TEST OF FAITH AND ABILITY          HOW WE MAKE AN IMPACT                                                                                                                                                                                                                                            the land and bringing its captivating

             4      Actively responding to the    39    People                                                                                                                                                                                                                                                                                               stories to life.
                    unfolding pandemic            50    Communities

             6                                    63    Planet
                                                        Profit: sustaining our impact
                                                  72

             ABOUT GONDWANA
             7     Who we are and where we        76                                                                                                                                                                                                                                                       Welcome to our 2020 Value Creation Report.
                   come from
                                                  HOW WE GOVERN GONDWANA                                                                                                                                                                                                                                   This report represents Gondwana Collection Namibia (Gondwana, or the company) and
             8     What we do                                                                                                                                                                                                                                                                              how we created value in 2020.
                                                  77    Our TLC
             9     How we do it                                                                                                                                                                                                                                                                            It is impossible to distil our essence in these few pages, but we can explain what we do,
                                                  80    Gondwana’s Board of                                                                                                                                                                                                                                how we do it, where we come from and where we are going.
             10    Our journey                          Directors                                                                                                                                                                                                                                          This has been our most difficult year on record, with the pandemic and lockdown

                                                                                                                                                                                                                                                                                                           regulations covering our entire peak season (60% of our total revenue). But, as you will
             12                                   84    Gondwana’s governance                                                                                                                                                                                                                              read, it was an opportunity to prove our dedication to Namibia’s people, communities and
                                                        style
                                                                                                                                                                                                                                                                                                           environment.
                                                  86
                                                        Our Board
                                                                                                                                                                                                                                                                                                           This dedication is ingrained in our DNA, and with it, we have assembled a Board of
             OUR MARKET                           88    Sustainability committee                                                                                                                                                                                                                           Directors (Board), management team, employee complement and set of systems that
                                                                                                                                                                                                                                                                                                           put us in a position to survive a year that devastated the world at large, but our industry
             14    The Namibian tourism           90    People committee                                                                                                                                                                                                                                   in particular. It also puts us on the springboard to bounce back in 2021 and grow in the
                   ecosystem                      92    Audit, risk and opportunity                                                                                                                                                                                                                        years that follow.
             16    Namibia is for everyone              committee                                                                                                                                                                                                                                                 This icon has been used to indicate where the novel coronavirus 2019 (Covid-19,
                                                                                                                                                                                                                                                                                                                  the coronavirus or the pandemic) has impacted our performance during the
                                                                                                                                                                                                                                                                                                                  year.
             18    Explore Namibia                                                                                                                                                                                                                                                                         This report was approved by the Gondwana Team Leader Council (TLC) and Board.

             20                                   95


                                                  SUMMARISED ANNUAL
                                                  FINANCIAL STATEMENTS
             GROWING OUR VALUE

             22    A message from
                   Steve Galloway                 98

             24    A message from Gys Joubert     THE GONDWANA COLLECTION


             28    Where we’re going


                                                                                                                                                                                                                                                                                                                                                  GONDWANA COLLECTION NAMIBIA
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