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Saving water the Windhoek way

The City of Windhoek in preparation of the impending drought recently shared guidelines it believes will go a long way in dealing with the water crisis currently being experienced in the Central Areas of the country.

Giving residents guidelines on effective water usage, the City of Windhoek said, “keep a constant focus on water saving in your immediate surroundings and remember those small ideas add up to massive savings; undertake to invest in the future of our great city in the coming year. Teaching children about the value of water, our most precious natural resource, will not only save water now, but carry well into the future; whether you are planning to renovate or simply change your garden in the coming year, Go Native. Regardless of whether you are planting new vegetation at home, school or the office, select native plants because they tend to require a lot less water;  undertake to regularly check your water meter or at least your monthly bill in 2016.”

“Undetected and/or invisible leaks amounts to huge water losses that you may be paying dearly for and are costly to all residents in the bigger scheme,” the CoW cautioned.

In general Windhoek residents made great strides in the month of December towards achieving reduced consumption and managing our precious resource more carefully. Spurred on by the thousands of individuals who shared their conservation tips and ideas residents of all stripes enthusiastically joined the effort to save water at the end of last year. Based on weekly averages, consumption has dropped by more than 20% compared to the same period in previous years,” the City of Windhoek noted.

“The City of Windhoek would like to carry this momentum into 2016 and achieve even greater results while making water conservation a permanent effort. Despite some recent rainfall the country, and particularly the central areas, are still in the grips of a persistent drought. With reference to the City of Windhoek Drought Management Plan available from our website households should aim to conserve 50% on their historic (normal) consumption with an overall drop in demand of 30%,” it added.

Said the City of Windhoek, “we are proud to confirm that the 30% overall demand reduction target has already been accomplished for short periods since the announcement of the Water Crisis so we know that residents can achieve this provided we all work together.  We wish to thank everyone who has contributed to the savings already achieved. Let’s use this as inspiration for better cooperation and even greater savings.  As always, counting on you usual excellent cooperation.”.

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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.