Select Page

Career prospects head for the clouds as Katuka Mentorship Programme 2020 kicks off

Career prospects head for the clouds as Katuka Mentorship Programme 2020 kicks off

The 19th edition of the Katuka Mentorship Programme, designed to connect novice career women and female entrepreneurs (mentees) with established business or professional women (mentors), launched its 2020 programme last week.

Sponsored by Bank Windhoek, the 2020 programme started with a three-day orientation programme conducted by HR Specialist, Sabine Ruegg for mentors and mentees that took place from 5 to 7 February in Windhoek.

The second and third training sessions are scheduled to take place later this year during April and August.

According to Economist Businesswoman Projects Organiser, Desèré Lundon-Muller, the programme is about matching a mentee with a mentor with a similar personal and professional interest in a process of support, sharing and learning to support entrepreneurs/businesswoman who want to start up or successfully run or achieve success in their existing field of business and reach their full potential.

This year, the programme is sponsored by Bank Windhoek to the tune of N$80,000. The bank’s Head of Corporate Affairs, Hayley Allen said they are a partner for growth for women entrepreneurs – both personally and professionally.

“We are proud to be a conduit to the relationship that mentors and mentees will be building over the coming year. As we journey together in this partnership, we hope that each one who is involved in this process reaches her full potential,” Allen said at a press briefing.

She further stated that there is a need for supporting female-led or -owned business ideas, which has prompted the bank to introduce the Women in Business offering in 2018.

“We are convinced that your contributions matter and that your business ideas have potential. For this reason, Bank Windhoek is proud to announce our support of the 2020 Katuka Mentorship Programme,” Allen said.

The Katuka Mentorship Programme was founded in July 2001 by former Corporate/Professional Businesswoman of the Year 2000 winner, Lena Markus and has seen 373 female entrepreneurs graduate from the programme.

The mentors for the 2020 Katuka Mentorship programme are Regina Ambambi, Naita Awene, Dunja Berger, Luzelle Coetzee, Rosalia Fototlela, Hendrina Hango-Ndakola, Gloria Kapingana, Ritta Khiba, Maryke Krohne, Rosalia Mulamata Simonee, Janet Njembo, Erika Preuss, Louise Profijt, Sabina Reugg, Louise Shixwameni, Lovisa Ukelo, Annemarie van der Riet, Helene Vosloo and Ndawedapo Shaanika.

 

The mentees are Etuna Akuunda, Josephine Angula, Selma Benjamin, Tamzyn Conradie, Mina Ruth Elias, Ottilie Endjala, Selma Hamuntenye, Rauna Hekandjo, Jessy Hidulika, Eunike Iiyambo, Joolokeni Joel, Bibiana Kadira, Mbeurora Karamata, Sharon Kavita, Tukondjeni Mutota, Letty Namwoonde, Ngajo Ndjoze, Twapandula Ngifindaka, Mandisa Rasmeni, and Christofina Shindume.


Caption: Celebrating the completion of the first round of training for the participants in the 2020 Katuka Mentorship Programme on Friday, 07 February, the mentors and mentees relaxed together after two and a half days of orientation.


 

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

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.