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Women need land tenure to be guaranteed by law

Women need land tenure to be guaranteed by law

During a land conference on the utility and tenure rights of women, last week in Windhoek, the Deputy Minister of Land Reform, Hon Priscilla Boois said although access to land for women in Namibia has already improved through legal adjustments, there are still existing disadvantages for women especially in rural areas where many women still depend on their spouses or families.

“The Land Reform process is not only to correct the skewed ownership of commercial farm land but also to improve tenure security in the communal areas in addition to achieving social and economic equity for all citizens. It is hinged on redistribution and executed through the National Resettlement Programme and the Affirmative Action Loan Scheme. The broadening of the ownership of freehold title land is also complemented with new mechanisms to improve tenure security in communal areas” the minister stated.

The international conference, hosted by the Konrad Aderauer Foundation, brought together foundation representatives with delegates from Malawi, South Africa, Zimbabwe and Namibia.

Mr. Thomas Keller, Resident Representative of Konrad Adenauer Namibia and Angola welcomed all participants emphasising the connection between access to land and the fight against hunger and famine.

The conference gave the very first opportunity to present the results of the baseline studies from Malawi, Zimbabwe and Namibia. The presentations gave detailed information on the current situation and legal frameworks in the project countries.

Afterwards the various country experiences were discussed by the cooperation partners and Konrad Adenauer representatives. These discussion formed the basis of a roadmap to achieve land tenure rights for women in all four countries.

The project managers Stefanie Braun for Namibia and Dr Samson Lembani for Malawi and Zimbabwe gave an outlook on their planned project activities. In Namibia, more workshops will be conducted with women living in rural communities. The Konrad Adenauer Foundation said the Ongwediva Trade Fair later this year will see a repeat of last year’s very successful roadshow where women in particular were sensitised about their land rights.

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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.