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Shape up or you’ll be fired: Namwandi warns

Teachers who “short change” learners and neglect work will lose their positions if they do not improve immediately, David Namwandi, Deputy Minister of Education, warned  this week.
“I warn the teachers who neglect their jobs and short change their learners that in future, they will definitely face the prospect of losing their positions and receive an invitation to seek another line of employment,” Namwandi said.
He said that he will not “allow any person to play with the lives of children” and that he will not tolerate non-performance by anyone.
“I know that some of our schools are under performing because of a lack of leadership. Some principals treat schools as if it is their own homes and refuse to be transferred to  smaller schools where they may perform better,” said Namwandi.
It should be clear that any public servant may be transferred for the benefit of the people they serve at any time, he further said.
“It would be honourable if you request for a transfer to a school where you could perform at your best rather than being proud and stubborn and thereby make a whole school community suffer. Please let us act as mature professionals and put the educational needs of the learners before our own pride,” said Namwandi.
Meanwhile, the Deputy Minister has thanked the teachers in the Omusati Region for their dedication and hard work and for always going an extra mile for the sake of the children entrusted to them.
“Keep up the good work and continue to live up to the expectations of this nation. We are proud of teachers like you,” he said.

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Following reverse listing, public can now acquire shareholding in Paratus Namibia

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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.