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Two phenomenal young hosts to spearhead maiden Teen Inspirational Summit

Two phenomenal young hosts to spearhead maiden Teen Inspirational Summit

Mobile Telecommunications service provider, MTC and Standard Bank Namibia announced Shane Smith and Ritha Kakelo as the hosts of the upcoming MTC Teen Inspirational Summit.

At at press conference held on Tuesday, the company revealed that the two phenomenal young personalities were picked from a pool of many very capable youth and are set to host the planned first ever MTC Teen Inspirational Summit.

Ritha is a grade 11 learner at Hochland High School, and is currently exploring her career options. The 16-year-old was a presenter on NBC Teen show, Sunshine club and said that the 2019 teen inspiration summit proves that anything is possible. Ritha believes that her generation should explore their talents in different ways and therefore the teen summit is a great motivation to aspiring leaders.

Shane an aspiring marine biologist and actor, is a learner at Chairmain Mao Zedong High School. The 15-year-old said that the teen inspiration summit provides a platform for the Youth to come together and inspire each other to bring about positive change in the country and abroad and form action plans for the future. Shane admits that he wants to be a catalyst for change and hosting the Teen inspiration summit is a step in the right direction.

Themed “Connecting with tomorrow’s leaders”, the Summit aims to engage the youth on inspirational topics, by their peers, and allowing them to realize their own dreams through inspiration.

The event will feature a diverse range of speakers and personalities from the continent such as, Nigerian YouTube comedian “Aunty Success” from the Mark Angel Comedy, Famous Guiness World Record and the youngest DJ in the world aged 3, DJ Arch Jnr from South Africa, Namibian Champion Debater Christian Prinsloo, Motivational speakers and Junior Mayor of Ongwediva, Rebekka Nghilaluwa, International motivational speaker and author, King Nahh from the USA and SA’s youngest motivational speaker, Kimberley Malope.

The event takes place at Safari Court Convention Centre in Windhoek on 9 March  starting at 10h00. Tickets are on sale at Webtickets at a cost of N$100 per person only.


Caption: MTC’s Chief Human Capital and Corporate Affairs, Tim Ekandjo, sandwiched by the Teen Inspirational Summit’s Show Hosts, Shane Smith and Ritha Kakelo.

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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.