Select Page

Katuka Mentorship 2019 concludes – 28 mentors and mentees successfully complete programme

Katuka Mentorship 2019 concludes – 28 mentors and mentees successfully complete programme

The Katuka Mentorship Programme, which is in its 19th year, held its certificate award ceremony to mark the end of the 2019 programme recently, where 28 mentors and mentees, successfully completed the programme.

Desere Lundon-Muller, Organiser of the Namibian Businesswomen Projects said the way in which the mentees put to good use the skills acquired during the course of programme, will determine whether or not the programme is a success to them personally.

“The Katuka mentorship Programme aims to empower and encourage entrepreneurs, business and professional women to achieve their gaols and it is about matching a mentee and mentor with similar professional,” she added.

She explained that this is done in a supportive, sharing and learning environment to help young and ambitious women entrepreneurs and businesswomen to reach their ultimate potential and live purpose driven lives.

According to Lundon-Muller the core objective of the programme is to create a platform for personal growth and advancement of leadership skills for participants to enhance their personal and institutional success.

“Mentees obtain an insider perspective on navigating their career paths, gain diverse perspective from well experienced mentors, they get exposure to greater knowledge of career success factor and access to a lasting professional network,” she emphasised, adding that the mentors play a catalytic role in creating an enabling environment for self-empowerment and skills acquisition, which is a nurturing role which required dedication and commitment.

She congratulated the mentees for their achievement and thanked the mentors for partnering with them to share and help the mentees along the journey.

Sabine Ruegg, the trainer of the Katuka Mentorship Programme said both the mentees and mentors grow from this experience.

“Stay in contact with us and we are only a phone call away when the going gets tough, to re-group,” she said.

Pumootu Kahuure, Anti-Money Laundering and Compliance Officer at Letshego Bank of Namibia who was a mentee said she learned that not every opportunity is meant to be taken.

“I have learned to define by drams and know what I want and not to be intimidated, I have learned core values, like, integrity and accountability,” she added.

She advised the new mentees for 2020 to work hard, be humble, ask questions and to have fun and enjoy the experience.

Nomvula Kondombolo-Kambinda, Head of Corporate Communication and Public Relations at Telecom Namibia said that when an empowered woman empowers another, things start to change drastically.

“Pay it forward mindset is instantly put in motion and this had been the modus operandi of the Katuka Mentorship Programme,” she added.
She advised the ladies that their time is now and that this is the time to work smarter and network live never before.

“The programme has yielded many successes, but I think the best is yet to come, continue to pay it forward and witness the evolution of women in business, stay hungry and stay foolish,” she concluded.


 

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.