Festus Nakatana
Festus Nakatana

Leading with humility

Jeanette Diergaardt
Earlier this year, former journalist and editor Festus Nakatana took up the corporate affairs manager role at the locally listed Capricorn Group. Nakatana's move to the banking sector followed more than 15 years in the media industry, which included serving as editor of Namibia Media Holdings' English-language title, Namibian Sun.

Nakatana became one of the youngest editors of a daily publication in the country when he was appointed as Namibian Sun editor in 2014.

He had earlier served as news editor and sports editor, respectively.

Until December last year, he was managing editor of the state-owned New Era Publication Corporation.

Forging new path

Nakatana now looks ahead to helping the Capricorn Group achieve its long-term and short-term goals.

The Capricorn Group is a proudly Namibian financial services entity listed on the Namibian Stock Exchange, with diversified operations and business interests in Namibia and Botswana.

"From a career development point of view, joining the corporate world is an idea that I have long explored," said Nakatana, saying that transitioning into his new role has been an exciting journey thus far.

He said he is excited about the positive environment and the professionalism and culture of the Capricorn Group.

As part of his new role, Nakatana is tasked with proactively managing the group’s reputation risk and developing and maintaining an effective investor relations programme. He will also drive strategic stakeholder relationships with shareholders, analysts, investors, and the government.

Humble road

From his time in the newsroom, the soft-spoken Nakatana added that he had had the honour of working with many brilliant people. "They have all shaped me in one way or another," he said.

"Working with so many amazing people is a blessing, and I find that pleasurable."

Nakatana also hopes that understanding the role of media will improve, as there is a lack of understanding among many Namibians.

"I am glad the access to information law is finally promulgated, and I sincerely hope that this open information will go a long way in improving how journalists operate."

One of the journalists that Nakatana worked with, Jemima Beukes, at the Namibian Sun, said she admired his work ethic as he was always willing to go the extra mile to do a job.

"I especially admired his drive and the fact that he deemed no job beneath him even though he was the editor," said Beukes. She describes him as someone who protects his journalists, which Beukes considers a "major issue" in the country.

Nakatana attests to the importance of always remaining humble. Nakatana advises anyone wanting to rise to the top in their career: "Growth requires sacrifice, and sometimes it takes longer to make it. No one should question the scale of your ambitions. At the end of the day, no challenge is insurmountable."

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Namibian Sun 2024-05-17

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Premier League: Manchester United 3 vs 2 Newcastle | Brighton 1 vs 2 Chelsea | Tottenham Hotspur 0 vs 2 Manchester City LaLiga: Real Sociedad 1 vs 0 Valencia | Almería 0 vs 2 Barcelona | Las Palmas 2 vs 2 Real Betis | Celta Vigo 2 vs 1 Athletic Club | Getafe 0 vs 3 Atletico Madrid | Sevilla 0 vs 1 Cadiz | Rayo Vallecano 2 vs 1 Granada | Girona 0 vs 1 Villarreal | Real Madrid 5 vs 0 Deportivo Alaves | Osasuna 1 vs 1 Mallorca European Championships Qualifying: Leeds United 4 vs 0 Norwich City English Championship: Leeds United 4 vs 0 Norwich City Katima Mulilo: 11° | 31° Rundu: 11° | 30° Eenhana: 11° | 31° Oshakati: 12° | 30° Ruacana: 12° | 31° Tsumeb: 13° | 29° Otjiwarongo: 11° | 27° Omaruru: 11° | 30° Windhoek: 11° | 26° Gobabis: 12° | 27° Henties Bay: 19° | 35° Wind speed: 35km/h, Wind direction: E, Low tide: 05:49, High tide: 12:03, Low Tide: 17:43, High tide: 00:16 Swakopmund: 20° | 26° Wind speed: 27km/h, Wind direction: E, Low tide: 05:47, High tide: 12:01, Low Tide: 17:41, High tide: 00:14 Walvis Bay: 23° | 33° Wind speed: 28km/h, Wind direction: E, Low tide: 05:47, High tide: 12:00, Low Tide: 17:41, High tide: 00:13 Rehoboth: 12° | 27° Mariental: 15° | 29° Keetmanshoop: 17° | 29° Aranos: 15° | 28° Lüderitz: 20° | 32° Ariamsvlei: 16° | 30° Oranjemund: 15° | 25° Luanda: 24° | 27° Gaborone: 16° | 30° Lubumbashi: 11° | 27° Mbabane: 13° | 22° Maseru: 9° | 23° Antananarivo: 12° | 27° Lilongwe: 15° | 28° Maputo: 19° | 28° Windhoek: 11° | 26° Cape Town: 15° | 22° Durban: 17° | 23° Johannesburg: 15° | 24° Dar es Salaam: 23° | 32° Lusaka: 14° | 27° Harare: 13° | 26° Currency: GBP to NAD 23.06 | EUR to NAD 19.79 | CNY to NAD 2.53 | USD to NAD 18.26 | DZD to NAD 0.13 | AOA to NAD 0.02 | BWP to NAD 1.3 | EGP to NAD 0.38 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.71 | ZWL to NAD 0.04 | BRL to NAD 3.54 | RUB to NAD 0.2 | INR to NAD 0.22 | USD to DZD 133.87 | USD to AOA 847.42 | USD to BWP 13.49 | USD to EGP 46.86 | USD to KES 130.48 | USD to NGN 1520 | USD to ZAR 18.28 | USD to ZMW 25.5 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 79509 Up +0.19% | Namibian Stock Exchange (NSX) Overall Index 1740.48 Up +0.45% | Casablanca Stock Exchange (CSE) MASI 13411.39 Down -0.07% | Egyptian Exchange (EGX) 30 Index 26142.84 Up +3.27% | Botswana Stock Exchange (BSE) DCI 9151.06 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 388.44/OZ UP +0.44% | Copper US$ 4.94/lb UP +1.93% | Zinc US$ 2 986.30/T UP 0.28% | Brent Crude Oil US$ 83.58/BBP DOWN -0.0023 | Platinum US$ 1 059.61/OZ DOWN -0.0019 Sport results: Premier League: Manchester United 3 vs 2 Newcastle | Brighton 1 vs 2 Chelsea | Tottenham Hotspur 0 vs 2 Manchester City LaLiga: Real Sociedad 1 vs 0 Valencia | Almería 0 vs 2 Barcelona | Las Palmas 2 vs 2 Real Betis | Celta Vigo 2 vs 1 Athletic Club | Getafe 0 vs 3 Atletico Madrid | Sevilla 0 vs 1 Cadiz | Rayo Vallecano 2 vs 1 Granada | Girona 0 vs 1 Villarreal | Real Madrid 5 vs 0 Deportivo Alaves | Osasuna 1 vs 1 Mallorca European Championships Qualifying: Leeds United 4 vs 0 Norwich City English Championship: Leeds United 4 vs 0 Norwich City Weather: Katima Mulilo: 11° | 31° Rundu: 11° | 30° Eenhana: 11° | 31° Oshakati: 12° | 30° Ruacana: 12° | 31° Tsumeb: 13° | 29° Otjiwarongo: 11° | 27° Omaruru: 11° | 30° Windhoek: 11° | 26° Gobabis: 12° | 27° Henties Bay: 19° | 35° Wind speed: 35km/h, Wind direction: E, Low tide: 05:49, High tide: 12:03, Low Tide: 17:43, High tide: 00:16 Swakopmund: 20° | 26° Wind speed: 27km/h, Wind direction: E, Low tide: 05:47, High tide: 12:01, Low Tide: 17:41, High tide: 00:14 Walvis Bay: 23° | 33° Wind speed: 28km/h, Wind direction: E, Low tide: 05:47, High tide: 12:00, Low Tide: 17:41, High tide: 00:13 Rehoboth: 12° | 27° Mariental: 15° | 29° Keetmanshoop: 17° | 29° Aranos: 15° | 28° Lüderitz: 20° | 32° Ariamsvlei: 16° | 30° Oranjemund: 15° | 25° Luanda: 24° | 27° Gaborone: 16° | 30° Lubumbashi: 11° | 27° Mbabane: 13° | 22° Maseru: 9° | 23° Antananarivo: 12° | 27° Lilongwe: 15° | 28° Maputo: 19° | 28° Windhoek: 11° | 26° Cape Town: 15° | 22° Durban: 17° | 23° Johannesburg: 15° | 24° Dar es Salaam: 23° | 32° Lusaka: 14° | 27° Harare: 13° | 26° Economic Indicators: Currency: GBP to NAD 23.06 | EUR to NAD 19.79 | CNY to NAD 2.53 | USD to NAD 18.26 | DZD to NAD 0.13 | AOA to NAD 0.02 | BWP to NAD 1.3 | EGP to NAD 0.38 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.71 | ZWL to NAD 0.04 | BRL to NAD 3.54 | RUB to NAD 0.2 | INR to NAD 0.22 | USD to DZD 133.87 | USD to AOA 847.42 | USD to BWP 13.49 | USD to EGP 46.86 | USD to KES 130.48 | USD to NGN 1520 | USD to ZAR 18.28 | USD to ZMW 25.5 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 79509 Up +0.19% | Namibian Stock Exchange (NSX) Overall Index 1740.48 Up +0.45% | Casablanca Stock Exchange (CSE) MASI 13411.39 Down -0.07% | Egyptian Exchange (EGX) 30 Index 26142.84 Up +3.27% | Botswana Stock Exchange (BSE) DCI 9151.06 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 388.44/OZ UP +0.44% | Copper US$ 4.94/lb UP +1.93% | Zinc US$ 2 986.30/T UP 0.28% | Brent Crude Oil US$ 83.58/BBP DOWN -0.0023 | Platinum US$ 1 059.61/OZ DOWN -0.0019