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North-West still offers recognised programmes

The North-West University (NWU) has been involved in supporting teachers in Namibia to upgrade their education qualifications since 1998. NWU is currently the fourth largest university in South Africa, with approximately 60 000 students.
NWU also has the largest number of educator students in relation to other SA universities. All educator programmes that are being offered are accredited through the Council for Higher Education (CHE) and the South African Qualifications Authority (SAQA). The academic quality and operational processes of the programmes were exposed to several international and national evaluations during the past two years, with excellent reports.
A cooperation agreement of six years existed in the past with the Institute for Open Learning (IOL) whereby administrative and logistical support, as well as contact class presentations, were offered to students.
During February, NWU however decided not to extend the contract with IOL. This decision was communicated to the Namibian Qualifications Authority (NQA). After a recent discussion with the Namibia National Teachers’ Union (NANTU) a final decision was made not to make use of IOL’s services any longer.
During the six years of cooperation, IOL bought the Education Management programme from NWU, after NWU decided that the programme did not comply with Namibian requirements and the programme was halted. The programmes NWU are currently offering in Namibia are acknowledged by the NQA.  Any other perceptions that may have been created are inaccurate and unreasonable.  When considering new programmes on the market, it is always important to ensure that the relevant presenter/institution has acquired NQA accreditation. NWU only accepts the NWU programme, Advanced Certificate in Education (ACE), as acceptable for admission to the B.Ed. Honours degree.
To ensure quality service delivery to students, who are obviously also our clients, NWU decided to conclude a cooperation agreement with the local Business School of Excellence (BSE), to provide logistical support for all NWU programmes in future. NWU has for the past 16 years had an agreement with BSE’s affiliate company in South Africa, and the service they deliver to students is of outstanding quality. The most modern technologies are used, NWU lecturers present classes personally, student service is of outstanding international standard and tariffs are realistic. Fees are collected responsibly and students have a choice as to which institution they want to arrange financing through. Among others, they can contact Letshego Finance, to arrange financing for their studies.
NWU, in cooperation with the NQA are also planning to offer other essential educator programmes, such as the BEd-upgrade (from a diploma or certificate to a degree), the Post Graduate Certificate in Education (PGCE) and the Grade-R diploma (Foundation phase).
Contact Business School of Excellence on 061 247 879 or nwu@bse.com.na for enquiries.

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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.