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More goats for Karas farmers

More goats for Karas farmers

The life of Anna Katsao from Blouwest took a turn for the better in 2014 after she received ten goats as part of the Namibian German Special Initiative Programme (NGSIP). As a communal farmer, she had to rely on subsistence farming but this did not provide sufficient sustenance to feed her family.
After receiving the goats, the family’s situation began to improve and through the programme Katsao was able to provide better nutrition for her whole family.
Two years down the line the goats are grazing, growing and breeding and helping single women and vulnerable families in the rural South secure a source of income and a more nutritious diet.
After the first ten dairy goats Katsao started with, she received an additional ten ewes and one ram from the NGSIP and has managed to expand her business. She now owns tweny dairy goats that help her support her family.
During a recent inspection, Katsao said when she received her first goats, “I felt like a burden had been lifted off my shoulders.”
“Women in Blouwest do not believe in binding agreements anyway. Many of their husbands have abandoned their families, whether because of ill fate or simply because they gave up providing for their families” she lamented.
However, the biggest concern for Katsao is that the goats can not be slaughtered or sold during the breeding process and that the offspring should be given to other families to extend the reach of the programme.
“I keep these goats on a small piece of land from which I can get enough milk for my children and me. However, the big change will happen when we succeed in breeding more goats. That will change our life status,” she said with a twinkle in her eye. “I wish we could keep these goats,” she said.
“I sell the milk I get from the goats and make a handsome profit,” Katsao said. “People like goat milk because its nutritional value is high. I milk the goats twice a day, early in the morning and at night. I also sell baby goats to make additional money” she said.
She plans to continue expanding her dairy business. She wants to ensure that all her children are able to receive a good education in the hope that they will find good jobs.

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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.