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Qualifications Authority releases booklet of accredited institutions

Qualifications Authority releases booklet of accredited institutions

In a bid to assist the public to register with the right institutions and desist from enrolling with bogus institutions, the Namibia Qualifications Authority (NQA) will issue an updated list of all accredited Namibian institutions in a booklet to be distributed countrywide.

NQA Spokeswoman, Catherine Shipushu said  “This is in line with the NQA’s objective to enhance public access to its services and information that will enable them to make informed decisions.”

In some cases, Shipushu said institutions go beyond their specified accreditation scope by offering courses that have not been quality assured.

This bears bad results to learners because although the institution is accredited, any qualification that falls outside the scope of accreditation will not be recognised,” she added.

The booklet contains the list of Namibian institutions that are currently accredited by the NQA and have been found to have the capacity to offer specific courses at the appropriate level of quality and assess the performance of learners taking such courses.

A list of accredited institutions will be distributed through the newspapers and also made available at decentralised Regional Council offices, schools and libraries countrywide.

The list is also available on the NQA website at www.namqa.org.

Essentially, if an institution or course does not appear on this list then it is not accredited” Shipushu said adding that the NQA does not evaluate qualifications obtained at unaccredited institutions and therefore such qualifications will not be recognised for any purpose, be it employment or further studies.

The NQA reaffirms that it is ready to assist the public to verify which institutions are accredited both in Namibia and anywhere else in the world and encourages all prospective learners to make use of this free service.

With the proliferation of unaccredited institutions in Namibia and across the world, many Namibians have been swindled out of their hard-earned money by studying for qualifications that are valueless” she said.

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

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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.