Page 44 - Gondwana Collection Namibia Value Creation Report 2021
P. 44

GROWING OUR VALUE



            We collaborate with various partners to promote Brand Namibia                                                 Digital strategy                                                                We are developing the skills to drive digital projects, including   Introducing The Lab                       Future strategic focus areas
            and reach as broad an audience as possible:              The proof of our success                                                                                                             dealing with bookings systems, integrations, data management
                                                                     We monitor online visitor numbers and online behaviour   Developing our digital                                                      and application development. We are also improving our data   The demand for an                               Regional expansion
                 Namibian Tourism                                    to increase our conversion rates and to adapt our                                                                                    aggregation and analysis capabilities.
                 Board                                               sales strategy. We use the TrustYou brand reputation                                                                                 Our CRM system assists with customer segmentation and promoting                                               Our regional expansion plans will
                                                                     management platform to determine if the Gondwana     capabilities is critical                                                        Gondwana to a broad range of customers. It allows us to test   exceptional customer
                                                                     brand is strong, vibrant and healthy.                                                                                                different campaigns and better profile potential customers. This                                              diversify our revenues while
                                                                     Our NamibiaCam webcam subscribers grew from          to navigating the Fourth                                                        includes keeping track of their progress on our website, including   experience is growing,                   broadening our impact.
                 CNN                                                 9 000 subscribers in November 2021 to 160 000 by                                                                                     what pages they viewed and how long they spent on each page. The
                                                                     January 2022.                                        Industrial Revolution.                                                          CRM system allows us to disseminate single messages throughout   especially among                             We are considering expansion to neighbouring countries.
                                                                                                                                                                                                          our platforms and consolidate data on a single dashboard.                                                     The two biggest destinations on our radar are Cape Town
                                                                                                                          With more travellers booking travel online, the online travel                   Other focus areas for the year included:               millennials.                                           and Victoria Falls. These have world-class tourist attractions.
                 Fly Namibia                                                                                              market has seen significant growth. We need to invest in our                                                                                                                                  Our regional expansion plans depend on the outcome of our
                                                                   VISITORS TO THE                                        digital capabilities to participate in tourism over the longer term.               ○ Automation and digitalisation: The IT Team considered the   In 2021, we established a new department called The Lab to   business interruption insurance claim and the speed of tourism
                                                                   GONDWANA WEBSITE:                                      According to Statista, the global online travel market will nearly                 benefits of digitalising administration and processes. For   focus on customer experience. The Lab is responsible for the   recovery in Namibia. This offers us the following benefits:
                                                                                                                          double in value by 2025, going from $432 to $833 billion. The                      example, there is an opportunity to automate manual work   following:                                         ○ Diversify our risks between Namibia and source markets
                                                                   233 648                                                Our IT strategic focus areas include:                                              sales process would also benefit from automation, allowing     ○ Customer feedback: This department will collect data using     ○ Provide a platform of hard currency income, since tourism
                 Hitradio Namibia                                                                                         European online travel market will reach €324 billion by 2023.                     in finance, which will save time and improve accuracy. The
                                                                                                                                                                                                                                                                    TrustYou, surveys and third-party data providers. Once
                                                                                                                                                                                                             salespeople to focus on sales, rather than administration.
                                                                                                                                                                                                                                                                                                                           in Botswana and Zimbabwe is US dollar-base
                                                                   2020: 301 445                                             ○ Improving and optimising our digital marketing capabilities                   ○ Online web store: The IT Team updated the online web store   collected, the department will analyse this data to provide     ○ Expand the value of the Gondwana card
                 Future Media                                                                                                ○ Establishing a Web Development Team, with a changing focus                    and integrated it with the booking system. This includes   meaningful insights to support business decision-making.     ○ Move us closer to becoming a one-stop-shop for regional tourism
                                                                                                                             on direct digital marketing and the ability to update web                       onboarding the website onto our newly adopted CRM system.     ○ Resource library: The Lab is in the process of developing   In 2021, we began a feasibility study to develop a property near
                                                                   GONDWANA BUSINESS                                         assets in-house                                                                 ○ Payment interface: The IT Team completed upgrades to the   a company-wide intranet. On this platform, employees   Victoria Falls in Zimbabwe. This property will offer a strategic
                                                                                                                                                                                                                                                                    will access standard operating procedures, style guides,
                                                                   LISTING VIEWS:                                            ○ Entrenching our CRM system throughout the business,                           payment interface. This upgrade links our payment points to   and the Gondwana Standards. The intention is to make   vantage point for travellers to enter Namibia, increasing our
                 German television                                                                                           including training employees                                                    the booking system, replacing an error-prone manual process.   accessing resource documents as easy as possible to improve   access to new source markets.
                                                                   7.2 million                                               ○ Producing real-time management reports from our various                       ○ Systems training: We trained employees on our CRM system     ○ Buddy assessments: We use a buddy system to maintain   Listing preparedness
                                                                                                                                                                                                                                                                    performance and deliver on customer expectations.
                                                                                                                                                                                                             and recorded videos to assist employees with common issues.
                                                                                                                             accounting systems
                 Bank Windhoek                                                                                               ○ Simplifying administration processes, especially in facilitating              ○ Database management: We changed to a different database   lodges and allow for continuous improvement, transparency   We are positioning Gondwana for a
                                                                   2020: 3.2 million                                         bookings and seamless payment tracking                                          management system with significant cost savings realised.   and accountability. The Buddy system consists of Collection
                                                                                                                             ○ Improving our digital infrastructure and WiFi in even our                     ○ Internet of Things: The IT Team investigated rolling out   Managers and Lodge Managers who volunteer to assess   potential listing, allowing us to raise
                  CYMOT cycle and                                                                                            remote lodges to meet our guests’ demands for high-quality                      Internet of Things connectivity throughout the company. This   each other’s lodge operations to provide an additional layer   capital at lower costs and broaden
                                                                                                                                                                                                             will allow us to remotely monitor and control our equipment,
                  motor spares                                     ARTICLE REACH:                                            connectivity                                                                    including solar installations, water purification plants and air-  of support aimed at maintaining as well as improving guest
                                                                                                                                                                                                                                                                    operations. The Lab opted to move away from the traditional
                                                                                                                          Our IT projects in 2021                                                            conditioning units. The intention is to manage and protect our   audit system to rather create an environment of collaboration,   our ownership base. We dream of a
                                                                   45 million                                                                                                                                assets better while realising savings. For example, we could   support and learning.                       day when all Namibians can own a
                  Kanaal 7                                                                                                Our aim for IT is to make                                                          switch off air-conditioning units remotely.            ○ Consulting: The Lab will consult throughout the business on   piece of Gondwana.
                                                                   2020: 131 million                                                                                                                         ○ IT governance: We focused on IT risk profiling and restoring IT   improving the customer experience.
                                                                                                                          things seamless, painless                                                          systems.                                                                                                   The Board and TLC are preparing Gondwana for a listing.

                                                                                                                                                                                                                                                                                                                        Due to Covid-19, our listing timeline is unclear. We nevertheless
                  Capricorn Group                                                                                         and efficient.                                                                    In preparation for a possible listing, we also:                                                             see advantages in our preparations for listing. These help us
                                                                                                                                                                                                               ○ Adopted King IV and continue to update our governance structures and policies                          formalise our structures, focus on further diversification, and
                                                                                                                          We traditionally outsourced web development and hosting but                                                                                                                                   hasten our return to profitability.
                  Michelangelo                                                                                            have largely brought this in-house to ensure better creative                         ○ Began annually publishing the Value Creation Report
                  Magazine                                                                                                and functional control and realise cost savings. In 2021, the IT                     ○ Finalised our Bond Programme                                                                           Our Bond Programme was approved by the NSX in 2020.
                                                                                                                                                                                                                                                                                                                        This will allow us to list our bond and issue it directly to
                                                                                                                          Team re-engineered Gondwana’s online presence with a fully                           ○ Appointed EY as auditors in 2019                                                                       the capital market and asset managers. This is an excellent
                                                                                                                          responsive and adaptive new website. The added functionalities                       ○ Delegated our share administration to transfer secretaries                                             first introduction to the listed environment, its players and
                  The Naturalist                                                                                          on the website unlock more potential to sell online, making the                                                                                                                               compliance requirements. It will allow us to finance the
                  Collection                                                                                              website a one-stop travel shop for Namibia. The custom-built                         ○ Changed our financing model from traditional, rigid bonds over Gondwana properties to a temporary overdraft facility, which   opportunities we identify in the marketplace.
                                                                                                                                                                                                              will be partially replaced with corporate bonds
                                                                                                                          e-commerce store enables Gondwana to sell packages, car
                                                                                                                          rental, and curios, creating a new income stream.



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