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Pharmacist from the North, Hendrina Hango-Ndakola named Namibian Businesswoman of the Year 2019

Pharmacist from the North, Hendrina Hango-Ndakola named Namibian Businesswoman of the Year 2019

Hendrina Hango-Ndakola, a pharmacist and Chief Executive of Natu Pharmaceuticals was conferred the title of the Namibian Businesswoman of the Year 2019 at this year’s awards gala held on Wednesday evening.

Natu Pharmaceuticals, based in Oshakati with subsidiary pharmacies in Ondangwa and Eenhana, was founded in 2004. According to its owner, the company strives to reduce the number of man-made diseases by educating the communities they serve in.

Apart from scooping the main award, Hango-Ndakola also won the Business Owner Award.

The awards also saw Hilja Eelu from African Pathfinder Leadership Initiative walk away with the Young Businesswoman Award; Ester Kali, Chief Executive of Letshego Holdings scooped the Private and Corporate Sector Award and Uajo Akwenje, Chief Executive of One Economy Foundation in the Office of the First Lady, won the award in the Community and Government Sector.

The Namibian Businesswoman of the Year Awards give recognition to the innovation, perseverance and creativity of Namibian businesswomen who have achieved success.

According to Namibia Economist Businesswoman projects organiser and Namibia Economist Marketing Manager, Desèré Lundon-Muller, the Businesswoman Awards are bestowed solely on merit.

“There is nothing any of these nominees could do to improve their ratings other than present their achievements in a quantified format to comply with the comparative framework developed specifically over many years to give every single nominee a chance to receive the highest accolade for her commitment and dedication,” Lundon-Muller said at the awards ceremony.

She further noted that during the adjudication process, the criteria switches from quantitative to qualitative, adding that as the judging progresses the emphasis shifts to each individual’s unique qualities that makes her a candidate for any of the awards.

“It is in the final phase of judging that the most outstanding nominees are vetted for their own personal strengths and abilities that they display, not only in their professional careers but also in a wider context, in the communities of which they form part,” Lundon-Muller added.

The 2019 Awards were sponsored by Telecom Namibia, Bank Windhoek, Jaguar Windhoek, Roots Importers, Regus Business Centre, and audited by Coreen Crous, Auditor and Partner at Grant Thornton and facilitated by the Namibia Chamber of Commerce and Industry.


Caption: f.l.t.r: Editor of the Namibia Economist, Daniel Steinmann, Nangula Kauluma (2017 Namibian Businesswoman of the Year), Hendrina Hango-Ndakola (2019 overall winner and the new Namibian Businesswoman of the Year) and Namibia Economist Marketing Manager, Desèré Lundon-Muller.


 

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.