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Water installation works support food security

Members of the Tusano project look on while Solastica Mbambi (chairperson of Mabushe support group), Rudolf Visagie (area sales manager of NBL), David Hamutenya (personal assistant to the Kavango Regional governor), Lavinia Shikongo (country director for SFH) and John-Bosco Katjiua (from SFH) test the new watering installations sponsored by Namibia Breweries Limited. Namibia Breweries Limited (NBL) recently supported the Society for Family Health (SFH) in Mabushe Village by sponsoring water installation works valued at close to N$ 40,000. The project, which forms part of the Support to People Living with HIV (PLHIV) initiative, enhances food security and therefore helps to mitigate the impact of HIV/AIDS.
At the official opening of the water works, David Hamutenya, who represented Maurus Nekaro, governor of the Kavango region, commended NBL and said that it was the first time support of this nature had been given in that region by a Namibian private sector company.
NBL complemented the work of the main donor, the Global Fund by procuring tank stands for 14 support group gardening projects which are located in the Omusati, Oshana, Kavango and Caprivi regions.
SFH supports 114 support groups in nine regions of the country, of which 21 receive technical assistance on income generating activities. Besides comprehensive psychosocial support which is part of SFH’s curriculum, they are also supporting gardening and nutrition related activities, primarily as an immediate intervention to meet the nutritional needs of PLHIV.
Patricia Hoeksema, corporate social investment manager at the Breweries, reiterated company’s commitment to the communities and said: “Seeing the garden, and the water works fully functional was really impressive and provided a true sense of joy at being able to support a worthy initiative that is well coordinated, and excellently executed. And what made it even more special was seeing the project members and how they have embraced a positive lifestyle and attitude – a truly humbling experience – thank you so much.”
Lavinia Shikongo, country director of the Society for Family Health, said that so far the project has turned into an income generating activity for 21 support groups, as some of the support groups are producing more than they require for their own domestic consumption.
She said: “Nutrition plays a critical role in comprehensive care and support for PLHIV as it helps to minimise/manage symptoms, promote response to medical treatment, slow progression of disease and increase quality of life, including management of Post Mother to Child Transmission of HIV/AIDS (PMTCT).”
Shikongo urged other private sector companies to do the same.  “They say ‘charity begins at home’, look around your communities – and plough back where you can. Interventions against HIV are needed.”

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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.