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Gondwana turn 20 at Tourism Expo

Gondwana turn 20 at Tourism Expo

The Gondwana Collection of lodges, camps and hotels, is turning 20 this year. The birthday celebrations are scheduled to coincide with the Tourism Expo from 18 to 21 May at the showgrounds in Windhoek.
“This year the Gondwana Collection is celebrating 20 years at the Namibian Tourism Expo and heartily invites anyone who would like to celebrate with us” the group said in a statement this week.
“Join us from 18 to 21 May at the Gondwana Shebeen. Participate in our Sundowner Competition and stand a chance to win your share of 101 nights at any Gondwana Lodge.”
Live music is on the menu every evening. This year Gondwana welcomes Fancy Galada, an internationally known singer from Cape Town who has performed with various groups such as Abamanyani, Heshoo Beshoo and the world renowned percussion ensemble, Amampondo. The already familiar Etosha Boys and Professors will also take the stage.
The Gondwana Hall’s kitchen will once again be serving the popular Gondwana bratwurst, kaesegriller and schnitzel. And the kiosk outside will offer coffee, snacks and slush puppies. There will also be a cash-bar available in the Gondwana Hall.
The Gondwana Collection is in line for the Responsible Tourism Award 2016, with Etosha Safari Camp one of the three finalists. The remaining finalists have undergone further assessment against criteria that combine those of the existing Eco Awards and additional criteria that make the assessment compliant with International Certification Standards. The overall winner will be announced on 19 May 2016 at the Nedbank Unity Village at 16:00.

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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.