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No more death

Joint Declaration by Thorbjørn Jagland, Secretary General of the Council of Europe, and Catherine Ashton, European Union High Representative for Foreign Affairs and Security Policy, on the European and World Day against the Death Penalty, 10 October 2012.

“Capital punishment is inhumane and unnecessary. Experience has also shown that it does not serve as a deterrent to crime. No legal system is flawless; any miscarriage of justice could lead to the tragic loss of an innocent life.
Abolition of the death penalty throughout Europe, and beyond, is an objective common to all our member states. No execution has taken place in our member states in the last fifteen years.
The European Union and the Council of Europe encourage all European States which have not yet abolished the death penalty de iure under all circumstances, to do so by ratifying the relevant protocols to the European Convention on Human Rights.
The Council of Europe and the European Union urge Belarus, the only European country which still executes people, to introduce a moratorium with a view to complete abolition.
We welcome the abolitionist trend worldwide, and note the ever decreasing number of countries applying capital punishment.
On the other hand, we are concerned about the sharp increase in executions during the past twelve months in some of those countries which still apply and implement the death penalty.
The European Union and the Council of Europe urge all countries which still retain the death penalty to immediately apply a moratorium on executions as a first step towards abolition.
Moreover, we call on all countries to support the Resolution on a global moratorium on the use of the death penalty, which will be put to a vote at the 67th session of the United Nations General Assembly in December 2012.
The Council of Europe and the European Union reaffirm their commitment to continue their persistent efforts to promote abolition in Europe and throughout the world.”
The Acceding Country Croatia, the Candidate Countries Turkey, the former Yugoslav Republic of Macedonia, Montenegro, Iceland and Serbia, the Countries of the Stabilisation and Association Process and potential candidates Albania and Bosnia and Herzegovina, and the EFTA countries Liechtenstein and Norway, members of the European Economic Area, as well as Ukraine and the Republic of Moldova align themselves with this declaration.

About The Author

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.