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Save your skin

Save your skin

A simple preventative measure like a applying a sun blocker, can drastically reduce the number of skin cancer cases. Helping to drive this message home, Standard Bank this week donated N$120,000 to the Cancer Association for their annual Save Your Skin Campaign.
The campaign runs from November 2015 to October 2016 and is geared to raise awareness amongst Namibians about the dangers of skin cancer and to give useful advice as to how to protect one’s skin.
Advocate Sigrid Tjijorokisa, Group Company Secretary and Head: CSLI, Standard Bank Namibia concurred with Bill Gates and said “Medical treatment without prevention is simply unsustainable” emphasising that by contributing to this worthy cause, they are doing their small part to facilitate and promote a sustainable preventative healthcare system. “Skin cancers while being one of the most common forms of cancer is also one of the most preventable forms of cancers,” she said.
Rolf Hansen, CEO of the Cancer Association of Namibia agreed saying that the ‘Standard Bank Save your Skin- Sun Smart Skin Cancer awareness campaign’, is very dear to his heart because so many Namibians still remain partly ignorant and partly uneducated about the reality of not only cancer in general, but also skin cancer.
“Skin cancer is the most prevalent diagnosed form of cancer in Namibia and it affects all races, ages and skin colours and we have to break the stigma that only fair-skinned persons are affect by skin cancer. The reality is that we are all prone to cancer and skin cancer is no different,” he said.
The Standard Bank Save your Skin-Sun Smart Skin Cancer awareness campaign is an ongoing yearly project that strives to continuously educate all Namibians about skin cancer prevention. The public and companies can buy the Sun Screen at the CAN offices, which will cost them from N$30 to N$70, depending on the size they pick.

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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.