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Two-day annual Institute of People Management conference kicks off

Two-day annual Institute of People Management conference kicks off

The 9th Institute of People Management of Namibia (IPM) Conference kicked off at the Windhoek Country Club featuring exciting talks under the theme Relentless Leadership, on Thursday.

The annual event brings together all Human Capital Practitioners at various levels including students from International University of Management, University of Namibia and Namibia University of Science and Technology.

Speaking at the official opening, Bank of Namibia’s Governor Ipumbu Shiimi laid the discourse with talks on talent management, performance appraisal and the need to find purpose as meaningful attributes to successful leadership at a workplace.

He said although interviews are not the best ultimate way of recruiting the best candidate, a proper performance appraisal system in place can dictate the performance of employees at a workplace.

“People always do good in interviews but that is not a determining factor that they will do good on the job. It helps to do reference check with former colleagues or supervisors, often not the people placed on the reference list on the CVs,” said Ipumbu.

The governor added that leaders also need to find their personal purposes in life as it is imperative to leading the self before others.

Entrepreneur and public speaker Lazarus Jacobs also gave a swift talk on the need to always revert to one’s personal talent. Jacobs emphasized that talent identification plays a vital role in leadership as such should always be identified and bolstered into good leadership.

The conference is set to later discuss talks on Developing talent and Leadership Potential in Namibia, the Mastery of Leadership by Executive, Unconscious Bias.

On Friday, the delegates will also deliberate on Tackling silent racism and discrimination at work, Mastering Personal Brand Power, Pursuing Inspirational Leadership, driving your brand through your employees, Upskilling for a digital world, and Authentic and Psychological Capital in Public Enterprises, all to be presented by professional speakers.

The two-day conference features a dinner and networking session. This year’s Conference is co-sponsored by MTC and the Bank of Namibia. IPM Namibia is the official home of all HR Practitioners in Namibia and its vision is to professionalize the HR profession with world class practices.


 

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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.