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UN delegation on joint advocacy to support nutrition and child rights

07 December 2016 – Global Child Rights Advocate, Mrs. Graça Machel and UNICEF Regional Director for Eastern and Southern Africa, Ms. Leila Pakkala, are in Namibia to lend support to Government’s on-going efforts to reduce malnutrition among children and fast track children’s rights.

The two arrived in the country on Wednesday and are set to meet with top Government officials, Members of Namibia’s National Assembly, Civil Society Organisations, UN Agencies and development partners, to strategize on how to increase investment towards nutrition as a way to ensure better returns on all development goals.

Discussions will also focus on how to strengthen multi-sectoral partnerships in response to the barriers to good nutrition; education and early childhood development, as well as setting up and enforcing legal frameworks to enhance better nutrition in the country.

Namibia’s successes and gains in child survival and in the fight against malnutrition, are a result of the ongoing partnerships we have with UN Agencies, Civil Society players and prominent child rights champions,” said Hon. Dr. Saara Kuugongelwa Amadhila, Prime Minister.

This visit of both Mrs. Machel and Ms. Pakkala is therefore a welcome reinforcement of the government’s on-going efforts to reduce the harmful impact of under nutrition on the health and social development of Namibia’s children and to find common solutions to the challenge.”

Malnutrition causes irreversible damage to the physical and mental development of the child. A child affected by malnutrition, especially in the first 1000 days of life will not reach their full physical and intellectual potential in future. Namibia has therefore strengthened efforts to reduce the multiple social and economic inequalities which influence the condition.

Commendable strides have been made in Namibia to reduce deaths and illness due to common childhood illnesses, including malnutrition. Under 5 deaths have been brought down from 4,200 per year in 1990 to less than 3,000 in 2013, while maternal mortality ratio has declined from 449 per 100,000 live births to 385 per 100,000 live births over the same period.

The visit by Mrs. Machel and Ms. Pakkala is a follow-up to the 2012 visit of Mrs. Machel to Namibia. Then still government reiterated willingness and commitment to heighten cooperation and partnership to fight malnutrition. The visit also builds on to the continued collaboration between the Government of Namibia; the |Namibian Alliance for Improved Nutrition (NAFIN) and UNICEF to sustain gains in child health and nutrition and find common solutions to resolve the outstanding issues.

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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.