Page 3 - 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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