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TVET competition takes skills to next level

TVET competition takes skills to next level

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The National Skills Competition serves as a platform to select the competitors to represent Namibia at the next World Skills International (WSI) competition at Abu Dhabi in the United Arab Emirates in 2017. Following their exposure at the recent National Skills competition, these chefs have set their sights on Abu Dhabi. (Photograph by David Adetona)
The first National Skills Competition and Expo saw many skilled young Namibians and exhibitors participating in the recent event to promote Technical and Vocational Education and Training. The three-day competition was held at the former Ramatex factory in Windhoek.
At the official opening, the Prime Minister, the Right Honourable Sara Kuugongelwa-Amadhila said “I am a staunch supporter of Technical and Vocational Education and Training (or TVET for short) as a means to refocus our education and training system to the fulfilment of our social and economic aspirations and to bring about a more diversified, knowledge-based economy.”
“We are well aware that TVET can play a dynamic role in addressing many of our current concerns, such as underemployment and unemployment – in particular of young people – poverty and deprivation. Indeed, technical and vocational skills are vital to make inroads on poverty reduction, economic recovery and sustainable development” she stated.
“We also recognize the role of TVET in promoting cultural diversity and in ensuring the transmission of local knowledge and skills between generations, thus fostering human centred development and the need to consider TVET in relation to the specific country context, while recognizing its universal dimension.”
“Yet, despite these convincing benefits, in Namibia we are currently facing a situation where school-leavers decide to enrol in TVET institutions only if they do not qualify for senior secondary or higher education” the Prime Minister pointed out.
“There are, however, also problems associated with the delivery of TVET in Namibia. In its current form, the system is perceived negatively with poor articulation with labour market demands and contributing sub-optimally towards our socio-economic development needs. There remain significant skill gaps in the workforce, limiting the ability of the country to diversify the economy, while the output of TVET, at times, fall short of the market requirements.”
“As a consequence, policy attention to TVET should be stepped up. The TVET sub-sector needs to address both the formal and informal sector in relation to employment, and the professional capacity of TVET Educators” stated the Prime Minister.

About The Author

Freeman Ngulu

Freeman Ngulu is an Entrepreneur, into data journalism and is an aspiring content marketer. He tweets @hobameteorite.

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

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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.