Coen Welsh | Nov 14, 2017 | 0
Grassroots level business rewarding
The company owned by young Namibians, is making a name for itself and as a force to be reckoned with in the community.
One of the main shareholders, Panduleni Nghipandulwa, a student at the University of Cape Town said,“Soon after getting to the UCT and studying for a few months, I realized that the prices of clothes were cheaper in Cape Town than they were in Namibia, so I spoke to my business partners about it and then we decided to invest.”
This being their first venture, Nghipandulwa said the investment was successful as they managed to make a good profit from it and this prompted them to venture into other businesses.
“What we did with the profit from the clothes was build a Car Wash and shop at a house in Shanghai street, Windhoek. We had to do some renovations at the house, which included buying interlocks, putting up a gazebo and building a shop,” he added.
Nghipandulwa said after the construction work was done, they started operating at the car wash immediately and after a few months of operating they noticed that the spot was gaining popularity. In order to give the customers the best possible experience, they started hosting a braai every weekend.
After much success in their first venture, they decided to pursue other projects. The next project they did was the large scale supply of fish, where they transported large amounts of Fish from Walvis Bay to sell in Windhoek, Tsumeb and Ovamboland.
As with many young business men they encountered some hurdles in their ventures.
“The biggest challenges that we have faced thus far was getting started off with new projects and finding trustworthy employees. The sacrifices we had to make in order for the business to grow includes investing our pocket money into business ideas, so that we could yield larger profits in future and giving up a lot of our free time to put in the required work,” Nghipandulwa said.
“We are also currently busy with different community development projects, personally I go out to different schools in Cape Town giving motivational speeches to students. We are also working on opening a charity foundation, where we will donate some of our profits, share knowledge on how to become a success, collect old clothes and give it to the less fortunate,” he said. “Currently we are working with up and coming artists like J-Black on a new project in the music industry. Soon we will own a record label and will finance our artists music, videos and performances in Namibia and South Africa. The vision of the company is quite broad and we don’t see any limits on how far we can go” he said. The company’s main shareholders are Panduleni Nghipandulwa, a student at the University of Cape Town, Luther-Earl Smith, who is currently working at Bank Windhoek in Walvis Bay, Alpheus !Naruseb, a Psychology student at the UNAM, Himeezembi Kustaa, an Engineering student at the University of Pretoria and Vamanuka Mupaine who just matriculated. Nghipandulwa said,“We are working towards owning property and 5 years is an adequate amount of time to reach that goal. Through business we have learnt that anything is possible if you believe in yourself and put in the required effort to make things happen. Surprisingly business also contributed to our ethical views, for instance treating people right and the importance of standing for something that’s bigger than oneself.”