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Nature lovers welcome in Walvis

Walvis Bay is expected to attract a huge number of tourists this festive season.Potential investors, tourists, adventure seekers and holiday-makers are all welcome to indulge in dolphin cruises, angling, wind surfing, quad biking and wind surfing in the beautiful coastal town of Walvis Bay this festive season.
Derek Klazen, mayor of the town, extended an invitation to both locals and international visitors, stating that everybody is welcome to visit Walvis Bay and enjoy a fun-filled holiday as well as the warmth and hospitality of its residents.
“The only condition is that we all behave in a way that shows respect for one another, as well as the urban and natural environment. Let us preserve the natural beauty of our environment for future generations to enjoy as well. This festive season will be characterised by various entertainment events and recreational activities such as concerts, Vasbyt adventures, family parties along the beach and many more.
“However, in the past, this time of the year has also been blighted by a host of injuries and damage to property due to some people’s irresponsible behaviour and disregard for road safety and fellow road users. I would thus like to advise all drivers and any other individuals to refrain from such behaviour to avoid spoiling the festive spirit for themselves and others,” Klazen said.
Dune 7, one of the highest crests in the dune belt along the coast, is also a major attraction as it has a number of picnic sites and is popular among visitors who love para-gliding, sand boarding and quad biking.
The Walvis Bay Lagoon is also popular amongst visitors. The lagoon, which is a Ramsar site, is popular amongst bird lovers as it is a feeding ground for flamingos, the chestnut-banded plover, Damara terns, pelicans, cormorants and sea gulls. While on a visit at the lagoon, people can catch a glimpse of Cape Fur seals, water birds and dolphins. On special occasions, one might even see leather-back turtles and whales.
Anita Kaihiva, communications officer at the Walvis Bay municipality, urged visitors to refrain from dumping anything that affects the cleanliness of the beaches.
“To ensure a peaceful and safe holiday, visitors are reminded of the municipal by-laws relating to the control of the seashore, the sea and its environment that have been in force since January 2004. The control over recreational activities and permissible routes for off-road vehicles and quad bikes as introduced by the Ministry of Environment and Tourism, remains in place,” Kaihiva said.
The town’s municipal traffic division and the Namibian Police’s traffic division will also exercise strict control over road use and adherence to road rules and signs. Road blocks will be set up to ensure that road users comply with safety regulations.
Walvis Bay markets itself as a marine, birdlife and adventure tourist destination and many visitors from southern Africa and from around the world, continue to flock to this pristine coastal town.

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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.