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Ban imposed on Zambian universities likely to affect 91 local health students

Ban imposed on Zambian universities likely to affect 91 local health students

By Natasha Jacha

Namibia’s High Commission in Zambia, last week alerted the Ministry of Health and Social Services that two Universities in Zambia have been banned from continuing to offer courses that 91 local students are currently enrolled for.

In efforts to assess the situation and take appropriate action, Health Ministry acting Permanent Secretary, Petronella Mashabane in a statement on Friday last week said she will lead a delegation to Zambia this week.

According to her the delegation will comprise of representatives from the Health Professions Councils of Namibia and the University of Namibia’s School of Medicine.

“The ministry would like to assure the parents and the public at large, that the ministry will not allow this adverse situation to negatively impact the performance of the students and the human resources development programme of the ministry,” she said.

Meanwhile according to a report from Zambian news source, the Lusaka Times, the Health Professions Council of Zambia (HPCZ) withdrew the approval certificates for some health related programs which are approved and recognized by the Council being offered at Lusaka Apex Medical University in Lusaka and Cavendish University.

“The withdrawal follows serious violations which were discovered at the last monitoring compliance which was conducted on Oct.17, 2017 after which HPCZ wrote to the affected institutions to address the violations but that the last inspection conducted on May.2, 2018 still revealed serious violations than those discovered earlier,” the report said.


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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.