Select Page

Katuka 2018 mentees receive certificates upon completion of another successful year

Katuka 2018 mentees receive certificates upon completion of another successful year

All the young women who participated in the Katuka Mentorship programme this year received their certificates earlier this week at the 2018 wrap-up ceremony. The event also introduced some of the new mentees and mentors for Katuka 2019.

Katuka is a training programme based on self-discovery and development through the guidance of an older, experienced business or professional woman. The programme has run uninterrupted since 2001. Next year will be the 19th season of this popular networking and developing platform.

Desere Lundon-Muller, Marketing Manager and partner of the Economist, congratulated the outgoing mentees and mentors for their hard work and dedication and for what they had achieved throughout the years. She welcomed the new mentees and mentors and advised them to work hard to achieve their dreams.

“This year marks the 17th consecutive year for the programme, having run uninterrupted since 2001 when the founder, the late Lena Markus started the mentoring school as her dedicated project during the year in which she was the Namibian Businesswoman of the Year,” she added.

Sabina Kownatzki, well-known Human Resource practitioner and long-standing trainer of the programme said she is very proud of the mentees for what they have achieved, in the same breath encouraging them to keep developing and to keep going strong. “Help and develop others and make a difference and pursue things that make your life better, never loose your compassion, look after yourself mentally, spiritually and physically,” she said.

The Katuka Patron is Inge Zaamwani-Kamwi, former Namdeb Managing Director and currently one of the advisors in the Office of the President. Katuka has been sponsored by Telecom since 2005.

The Katuka Mentorship programme resumes in February 2019 with the first training sessions for mentors and mentees.


Caption: Katuka trainer, Sabine Kownatzki (left). Telecom Namibia Senior Manager, Corporate Communications and Public Relations, Oiva Angula (front left) and Desèré Lundon-Muller (back right), with Katuka 2018’s mentors and mentees at a farewell function earlier this week.


About The Author

Mandisa Rasmeni

Mandisa Rasmeni has worked as reporter at the Economist for the past five years, first on the entertainment beat but now focussing more on community, social and health reporting. She is a born writer and is working on her degree in Journalism at the Namibia University of Science and Technology (NUST). She believes education is the greatest equalizer. She is the epitome of perseverance, having started as the newspaper's receptionist in 2013.

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.