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Ohlthaver & List bags bouquet of accolades at annual continental awards

Ohlthaver & List bags bouquet of accolades at annual continental awards

At the 2018 Great Place To Work (GPTW) awards ceremony recently held in the Lagos, Nigeria, the Ohlthaver & List (O&L) Group received six awards in various categories.

The Group, is the first local employer to participate in the annual continental survey which measures the employees’ experience in the workplace through the Trust Index employee survey; and the Culture Audit that evaluates the leadership and HR practices that create employee experience.

The O&L Group competed against international companies like Microsoft, Unilever, Deloitte, Guinness, and SANOFI among others.

“Our decades of research have revealed that a great workplace is one in which employees trust the people they work for, have pride in what they do, and enjoy the people they work with. The survey uses each of these components of the employee experience and equips you with accurate, in-depth views of the current state of your company’s culture from employees across the organization while it benchmarks the company’s culture against the global standard of a great workplace,” the awards team said.

According to the O&L Group Director: Human Capital, Berthold Mukuahima, the Group embarked on participating in a survey focused on a continental platform, hence its decision to partake in GPTW since 2017.

“We are truly humbled by the GPTW recognition, which to us is confirmation that the efforts we embark on to keep our most important asset – our employees – happy, is bearing fruit. We moved from Deloitte’s BCTWF survey for the SADC Region, to the GPTW survey based on the entire African continent, because it is important for us to benchmark ourselves against a wider group of employers. Our workforce is a critical element of the O&L journey, hence very important that we continue to pay attention to the experiences they have in the group,” Mukuahima said.

The O&L operating companies that received Great Place To Work (in Africa) Certification are: Large Corporate Organizations (500+ employees) – Namibia Dairies was awarded 3rd place overall on the continent as a GPTW. In the category Small & Medium Organisations (below 500 employees), Weathermen & Co. was awarded 5th place; O&L Centre in 7th place, and Broll Namibia in 8th place.

Under Special Categories, Namibia Breweries Limited (NBL) won the award for Health and Wellbeing Excellence, while O&L Group won the award for the Best Learning and Development – both under the Large Organization category.

“I am ecstatic at this humbling achievement, which is a clear manifestation of the phenomenal contribution that each and every O&L ambassador makes towards staying true to our dream and purpose of ‘Creating a future, enhancing life’. A heartfelt congratulations to all our subsidiaries who were recognized for their efforts in making the workplace a positive experience for its most important asset – our people,” O&L Group Executive Chairman, Sven Thieme said.

About The Author

Donald Matthys

Donald Matthys has been part of the media fraternity since 2015. He has been working at the Namibia Economist for the past three years mainly covering business, tourism and agriculture. Donald occasionally refers to himself as a theatre maker and has staged two theatre plays so far. Follow him on twitter at @zuleitmatthys

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.