A passion for numbers
Helping individuals and businesses achieve financial goals
While pursuing his studies, Windhoek-based Hakoilonga Hamalwa has entered the entrepreneurial world.
Hakoilonga Hamalwa is the founder of Pazzive Investment CC, a company that provides financial investment services to help clients make informed investment decisions."Being honest, ethical, and transparent in your dealings with clients and investors is critical for building trust and establishing a positive reputation in the industry," he said about running a company.
Hamalwa is currently pursuing a bachelor's of applied science in financial mathematics at the University of Namibia (Unam). He completed a financial modelling and valuation analysis certification from the Corporate Finance Institute (CFI) with honours.
His passion for academics has led to some of his greatest achievements, including being the best overall performer in mathematics in the Junior Secondary Certificate (JSC) national examinations in 2018 and placing fifth as the overall best male performer in the JSC examination the same year.
He also received awards from Unam for being one of the best performers per module.
Venturing into business
His passion for numbers and financial analysis gave him the confidence and desire to venture into the finance industry.
As an entrepreneur, Hamalwa’s typical day at work involves analysing financial information to forecast business, industry, or economic conditions. He also coordinates deal financing by gathering resources from financial institutions, public agencies, or private companies. Additionally, he creates financial models to assess opportunities and make informed investment decisions.
Overcoming challenges
While he has managed to accomplish and complete work projects, Hamalwa also faces hurdles.
"I deal with unexpected market changes that affect the investments I have made. To overcome this challenge, I constantly monitor the market and adjust my investment strategies accordingly," he said.
Pazzive Investment's mission is to provide expert financial advice and investment solutions to individuals and businesses to help them achieve their financial goals.
"So far, we have successfully met our objectives by helping clients grow their investment portfolios and make profitable investments. I would recommend entrepreneurs invest their time in networking and building relationships with potential clients and industry professionals. It is also important to keep up with the latest industry trends and continuously improve one’s skills," he said.
His responsibilities include managing finances, creating investment strategies, analysing financial data, communicating with clients, and establishing relationships.
Advise
Hamalwa said graduates interested in starting a business should gain as much knowledge and experience as possible in the field before venturing out on their own. "This can be achieved through internships, entry-level positions, and furthering education," he said.
Additionally, it is important to establish a strong network in the industry, including potential clients and investors, he said.
Other important factors include staying up-to-date with industry trends and developments, as the financial market constantly evolves. Attending conferences and seminars, reading relevant publications, and networking with other professionals in the field form part of these activities.
Furthermore, Hamalwa said it is crucial to develop a clear and well-defined business plan, including identifying your target market, defining your services and pricing, and establishing a marketing strategy.
Hamalwa also sets time aside to give back to the community by assisting in charitable donations, volunteering, and supporting local initiatives, including soup kitchens in Windhoek. This is done in collaboration with Tangi Shivute, one of the main volunteers who informs his team about these opportunities.
In his free time he enjoys:
• I enjoy coding.
• I am an active member of my community.
• I enjoy going to the gym.
• I like watching documentaries.
• I enjoy volunteering for various organisations.