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Mwazi lands Agronomic Board CEO post

Mwazi lands Agronomic Board CEO post

The Namibian Agronomic Board (NAB) announced that Dr Fidelis Nyambe Mwazi is the company’s new Chief Executive officer as of 1 July following the retirement of Christof Brock.

Prior to his appointment, Mwazi worked as a Senior Manager for Standards and Trade at Agro-Marketing and Trade Agency from February 2015 to June 2018.

Mwazi, who is a professional scientist in crop science and sustainable agriculture, has over 18 years of vast practical work experience in the academic as well as the agronomic and horticulture industry environments.

He obtained his PhD degree in Agriculture (Crop Science) in 2017 with the University of Namibia (UNAM). He graduated with an MSc. Degree in Geo-information Science and Earth Observation (Sustainable Agriculture) from the International Institute for Geo-information Science and Earth Observation,the ITC university, Netherlands in 2006.

“Dr Mwazi is no stranger to the agronomic and horticulture industries, he is a strong and visionary leader, highly capable of taking the industry to greater heights, therefore the Board is overtly confident that he will contribute exceptionally to the efficient running of the NAB,” said Michael Iyambo, NAB Board Chairperson.

Mwazi also worked as a National Horticulture Manager at the Namibian Agronomic Board from May 2013 to January 2015 responsible to implement the Horticulture Market Share Promotion for controlled crops.


Caption: NAB’s outgoing CEO, Christof Brock and NAB’s incoming CEO Dr. Fidelis Nyambe Mwazi.


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

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.