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Carnegie principles work 60 years on

Carnegie principles work 60 years on

The training and self-help guru, Dale Carnegie is alive and well, and now also living in Windhoek. Some sixty years since the name Carnegie became an international icon, the Dale Carnegie Training framework is still as relevant as it was in the fifties and sixties of the previous century.
In Namibia, the Dale Carnegie Training franchise is operated by Bright Communications under the guidance of their Managing Consultant, Helen Meintjes.
“With 2016 proving to be a challenging year for businesses and individuals alike, many companies are investing time and effort into finding that competitive edge, that will differentiate them in the market, increase sales and stimulate growth” Meintjes said this week discussing the competitive advantages for companies that invest in staff development.
“The one thing that creates sustainable competitive advantage and therefore Return On Investment, company value and long-term strength, is the workforce, the people who are the company” she said adding that aspects such as better products, services, technologies or more competitive prices certainly contribute to the success of an organisation, but these can only be copied and adjusted over time.
With the direct correlation between workforce and company performance, extensive research has proven that employee engagement is the defining factor. Employees who are actively and enthusiastically engaged outperform work groups that are not.
Dale Carnegie Training has identified the three main drivers that influence employee engagement across all industries: Employees’ relationships with managers; Employees’ belief in senior leadership; and Pride in working for the company.
The caring manager drives employee engagement and subsequently boosts productivity and turnover. “A manager’s ability to build strong relationships with employees, build strong team interaction and lead in a ‘person-centred’ way creates an engaging environment in which employees can perform at the highest possible level,” said Meintjes.

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Typesetter

Today the Typesetter is a position at a newspaper that is mostly outdated since lead typesetting disappeared about fifty years ago. It is however a convenient term to indicate a person that is responsible for the technical refinement of publishing including web publishing. The Typesetter does not contribute to editorial content but makes sure that all elements are where they belong. - Ed.

Following reverse listing, public can now acquire shareholding in Paratus Namibia

Promotion

20 February 2020, Windhoek, Namibia: Paratus Namibia Holdings (PNH) was founded as Nimbus Infrastructure Limited (“Nimbus”), Namibia’s first Capital Pool Company listed on the Namibian Stock Exchange (“NSX”).

Although targeting an initial capital raising of N$300 million, Nimbus nonetheless managed to secure funding to the value of N$98 million through its CPC listing. With a mandate to invest in ICT infrastructure in sub-Sahara Africa, it concluded management agreements with financial partner Cirrus and technology partner, Paratus Telecommunications (Pty) Ltd (“Paratus Namibia”).

Paratus Namibia Managing Director, Andrew Hall

Its first investment was placed in Paratus Namibia, a fully licensed communications operator in Namibia under regulation of the Communications Regulatory Authority of Namibia (CRAN). Nimbus has since been able to increase its capital asset base to close to N$500 million over the past two years.

In order to streamline further investment and to avoid duplicating potential ICT projects in the market between Nimbus and Paratus Namibia, it was decided to consolidate the operations.

Publishing various circulars to shareholders, Nimbus took up a 100% shareholding stake in Paratus Namibia in 2019 and proceeded to apply to have its name changed to Paratus Namibia Holdings with a consolidated board structure to ensure streamlined operations between the capital holdings and the operational arm of the business.

This transaction was approved by the Competitions Commission as well as CRAN, following all the relevant regulatory approvals as well as the necessary requirements in terms of corporate governance structures.

Paratus Namibia has evolved as a fully comprehensive communications operator in Namibia and operates as the head office of the Paratus Group in Africa. Paratus has established a pan-African footprint with operations in six African countries, being: Angola, Botswana, Mozambique, Namibia, South Africa and Zambia.

The group has achieved many successes over the years of which more recently includes the building of the Trans-Kalahari Fibre (TKF) project, which connects from the West Africa Cable System (WACS) eastward through Namibia to Botswana and onward to Johannesburg. The TKF also extends northward through Zambia to connect to Dar es Salaam in Tanzania, which made Paratus the first operator to connect the west and east coast of Africa under one Autonomous System Number (ASN).

This means that Paratus is now “exporting” internet capacity to landlocked countries such as Zambia, Botswana, the DRC with more countries to be targeted, and through its extensive African network, Paratus is well-positioned to expand the network even further into emerging ICT territories.

PNH as a fully-listed entity on the NSX, is therefore now the 100% shareholder of Paratus Namibia thereby becoming a public company. PNH is ready to invest in the future of the ICT environment in Namibia. The public is therefore invited and welcome to acquire shares in Paratus Namibia Holdings by speaking to a local stockbroker registered with the NSX. The future is bright, and the opportunities are endless.