How old is your cam/timing belt?
I ask because the automatic is a different ball-game regards the clutch change, so if the gears are shifting ok the wise would leave well alone until you have more information.
A water pump squeal is caused by the seal. The pump will be fine but the seal will soon enough be leaking and leading to coolant loss and all the head gasket horrors that causes. If the cam belt is old, you should consider doing the cam belt and water pump anyway.
However if the noise only happens when you select drive and it goes away when you are moving it is almost certainly related to the clutch. The water pump would be noisy all of the time. Noise in drive with no noise in neutral indicates it's not the pump.
The Panda semi auto works the clutch very hard even more so with drivers who use it to hill-hold or creep forwards in traffic as they would the a torque converter auto. How old is the clutch?