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Paint an Auas Easter egg and win big

Paint an Auas Easter egg and win big

In preparation for Easter, Agra has invited four primary schools to participate in a competition to see whose learners can produce the most extravagant easter eggs. All the easter egg decorations will be incorporated into the Auas Valley Shopping Mall Easter display, and the best eggs collect a prize of N$5000 for the school.
“Auas Valley Shopping Mall provided four primary schools nearest to the mall the opportunity to employ their art skills and creativity and thereby stand a chance to win project support for their school. The mall invited the schools to participate in a competition by painting pre-cut Easter eggs to use as decoration in the mall. Suiderhof Primary School, Kleine Professor College, Windhoek Gymnasium Primary and Pioneerspark Primary School are competing for prizes to the total value of N$10,000, in the form of project support: N$5000 to the winning school, N$3000 to the runner-up and N$2000 for the school in third place. Auas Valley Shopping Mall, through retailers in the mall, will then provide support to project needs expressed by the specific schools” announced Agra earlier this week.
The decorated Easter eggs will be hung in the Auas Valley Shopping Mall in time for the mall’s next late night shopping event on Thursday, 17 March 2016. This event, where shops in the mall keep their doors open for extended hours, provides the opportunity for clients to do their shopping in a relaxed atmosphere after hours.
The winning schools will also be announced on 17 March at 18:00 at the mall.

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


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.