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Bank observes World Cancer Day

Bank observes World Cancer Day

Although World Cancer Day was celebrated on 4 February and may be an afterthought for many now, Standard Bank’s Employee Wellness Consultant Cicile Fouche this week said it is something that everyone should be sentient of all the time.

Standard Bank has been steadfast in its support on the fight against cancer, with the bank donating N$120,000 annually to the Cancer Association of Namibia for the ‘Save your Skin’ Campaign.

Every year, 8.2 million people die from cancer, an estimated 13% of all deaths worldwide. There are a 100 cancer types which exist, each requiring a unique diagnosis and treatment and unfortunately there is a 70% in new cases of cancer expected over the next 2 decades,” Fouche said explaining the gravity of the situation.

While there are countless numbers of cases in which a cancer diagnosis ends fatally, early detection plays a huge rate in curbing that. However, that can only be done if you take note of the various symptoms.

The signs and symptoms caused by cancer will vary depending on what part of the body is affected. Some general signs and symptoms associated with, but not specific to, cancer, include: fatigue, a lump or area of thickening that can be felt under the skin, weight changes, including unintended loss or gain and skin changes, such as yellowing, darkening or redness of the skin, sores that won’t heal, or changes to existing moles,” Fouche said.

Additional signs and symptoms include (but are not limited to) changes in bowel or bladder habits, persistent cough or trouble breathing, difficulty swallowing, hoarseness, persistent indigestion or discomfort after eating, persistent, unexplained muscle or joint pain, persistent unexplained fevers or night sweats and unexplained bleeding or bruising

It is often said that prevention is better than cure, the same applies with cancer in some cases. More than 30% of cancer deaths can be prevented by modifying or avoiding key risk factors,” Fouche explained.

The factors include tobacco use, being overweight or obese, unhealthy diet with low fruit and vegetable intake, lack of physical activity, alcohol use, sexually transmitted HPV-infection, infection by HBV, ionizing and non-ionizing radiation, urban air pollution and indoor smoke from household use of solid fuels.

Make an appointment with your doctor if you have any persistent signs or symptoms that concern you. If you don’t have any signs or symptoms, but are worried about your risk of cancer, discuss your concerns with your doctor. Ask about which cancer screening tests and procedures are appropriate for you,” Fouche concluded.

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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.