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World Wildlife Day – the future is in our hands

World Wildlife Day – the future is in our hands

‘The future of wildlife is in our hands’ – the theme of this year’s World Wildlife Day and a call to action. The issues raised are serious and affect us all. The Illegal Wildlife Trade (IWT) is a major criminal industry worth more than £6bn each year.
It threatens the existence of some of the world’s most iconic species, such as elephants, rhinos and tigers. It drives corruption and instability, undermines the rule of law and steals valuable resources from some of the world’s poorest communities.
The facts are stark. The illegal ivory trade worldwide has more than doubled since 2007. At least twenty thousand elephant poaching deaths were recorded in 2013. 2014 was the worst year on record for rhino-poaching with 1,293 killed across Africa. 2013 saw the Western Black Rhino declared as extinct – all species of rhino could be extinct in our lifetime. At least 1000 park rangers have been killed while protecting wildlife over the last decade. I could go on.
The illegal wildlife trade threatens the security, stability and prosperity of all the communities it touches at every point along the chain. It erodes state authority and fuels conflict, costing lives and livelihoods.
So what can we do about it? The British Government, with our High Commissions across the world, including Namibia, is actively working with international partners, governments and NGOs, to offer practical support to combat IWT: reducing demand, strengthening law enforcement, and developing sustainable livelihoods for affected communities.
In 2014 the UK hosted the London Conference on IWT with the participation of their Royal Highnesses the Prince of Wales, the Duke of Cambridge and Prince Harry. The current Namibian Deputy Prime Minister was also in attendance. At that conference, and at the follow up conference last year in Botswana, 40 countries endorsed a total of 40 commitments to action. The UK’s IWT Challenge Fund is funding 19 projects, and has just awarded a further 15, covering a range of species including elephants, rhinos and pangolins, lions, great apes, and tigers. The British military is training park rangers in Gabon.
We have supported the African-led Elephant Protection Initiative, which has doubled in membership since its launch in London two years ago. And we sponsored the first ever UN resolution on IWT. But there is more to be done.
This year we will be supporting the government of Vietnam as it prepares to host in November the 3rd international conference on IWT. We are looking forward to supporting The Royal Foundation and United for Wildlife’s Transport Taskforce on IWT and working with international partners to ensure IWT is kept on the political agenda at UN General Assembly and the G20. Next week I will be in Tanzania where we have been working closely with the government to help protect that country’s incredible natural heritage.
The future of wildlife, and the communities and countries that are its home, is in our hands. We mustn’t let them down.

About The Author

Typesetter

Today the Typesetter is a position at a newspaper that is mostly outdated since lead typesetting disappeared about fifty years ago. It is however a convenient term to indicate a person that is responsible for the technical refinement of publishing including web publishing. The Typesetter does not contribute to editorial content but makes sure that all elements are where they belong. - Ed.

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

Promotion

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.