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MealForTwo initiative feeds Windhoek’s needy

MealForTwo initiative feeds Windhoek’s needy

Bank Windhoek and The Gondwana Care Trust’s initiative, MealForTwo, made their first official handover in support of two charitable organisations for senior citizens situated in Khomasdal and Pioneerspark in Windhoek recently.

The MealForTwo initiative ensures that for every meal served at any Gondwana Collection Namibia lodge, an extra meal is donated to the initiative to contribute to the fight of hunger in Namibia.

In Khomasdal, Bank Windhoek and members of the Gondwana Collection Namibia attended a special Christmas lunch hosted by the MEGS Soup Kitchen. The seniors from the Khomasdal community were treated to a hearty lunch and were served by Bank Windhoek’s Executive Officer of Marketing and Corporate Communication Services, Jacquiline Pack, Bank Windhoek staff members and those from the Gondwana Collection Namibia.

“As connectors of positive change, Bank Windhoek aims to make a difference in the lives of the communities we serve. The MealForTwo project is such an important project with a positive impact in our communities. Bank Windhoek is therefore proud to have collaborated with Gondwana Collection Namibia. We wish this initiative the very best of success,” said Bank Windhoek’s Head of Corporate Investment and Sponsorships, Sanet de Waal.

“MealForTwo is a project that is bigger than Gondwana Collection Namibia and Bank Windhoek. We feel it is important to gain further partnership with other companies, so that we can grow the project and support as many people across Namibia as we can,” said Gondwana Collection Namibia’s Director of Brand and Marketing, Manni Goldbeck.

In Pioneerspark, Bank Windhoek and the Gondwana Collection Namibia visited the Senior Park Old Age Home and delivered food packs in support of the small community. Over 100 boxes, filled with Christmas gifts were delivered and handed out to the residents who were thankful for the support.

With our strong position built over years of support from our clients and communities at large, Bank Windhoek addresses many economic disparities in line with Government’s efforts, by means of broad based Corporate Social Investment programmes,” concluded de Waal.

Bank Windhoek, who financially supported the campaign, and the Gondwana Collection Namibia, urged other corporates and organisations to be part of the initiative. Further support was received from Katja Klein and Anchors Restaurant from Walvis Bay.


 

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.