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Rhino Trust challenges Namibian companies to adopt wild rhinos

Rhino Trust challenges Namibian companies to adopt wild rhinos

It costs around N$25,000 per year per animal to protect black rhinoceros in the wild. To protect the entire population in the Kunene Region runs into millions per year. These costs are carried mostly by the Ministry of Environment and Tourism in partnership with private conservation agencies.

The Save the Rhino Trust came up with an ingenious idea to help cover their enormous operating costs. Named the Adopt a Rhino programme, the Trust identifies individual young rhinos and put these up for adoption by companies. One such rhino, a 4-year old male by the name of Nawalta has become the foster child of the Swaco Group of Companies.

This week the group announced they are continuing their long-standing support of the Save the Rhino Trust. Their latest contribution comprises N$23,500 to cover Nawalta’s protection costs as their company foster child, and another N$10,000 to help the trust build capacity.

The black rhino population of the Kunene Region is truly unique. Many of the animals occur outside formally protected areas in the former Kaokoveld and Damaraland. This poses unique conservation problems, most of which are taken care of by the trust through their more than 30 years experience in the field. The Trust roams over hundreds of thousands of square kilometres to monitor the rhino population, spread very thinly through this vast expanse.

Swaco’s symbolic adoption of Nawalta covers the cost of monitoring and protecting him through individual identification for the next year. Maxi Louis, the Save the Rhino Trust’s Chairperson, expressed her gratitude for the contribution and challenged other companies to join the fight to help secure the future of wild rhinos.

The past twelve months have been hectic in Nawalta’s life. June last year, he was immobilised by a ministry team to remove his horn. This renders him valueless to poachers, consequently he is less likely to be killed. He was also given an ear notch to make it easier to identify him in the wild, The Save the Rhino Trust whose guards track the rhinos over vast areas use these markings to identify individual animals from afar to avoid any disturbance to the animals.

Nawalta’s mother, Nigeria gave birth to a new calf early this year which forced the sibling, shortly after turning four, to start a new life on his own. When he was observed recently, it was reported that he is in excellent condition.

The Save the Rhino Trust said wild rhinos can be adopted by an individual, a family, a group of friends, a school or a business.

About The Author

Mandisa Rasmeni

Mandisa Rasmeni has worked as reporter at the Economist for the past five years, first on the entertainment beat but now focussing more on community, social and health reporting. She is a born writer and is working on her degree in Journalism at the Namibia University of Science and Technology (NUST). She believes education is the greatest equalizer. She is the epitome of perseverance, having started as the newspaper's receptionist in 2013.

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.