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Katutura youth opens tour company

The Kasi Adventures teamThe Young Achievers Empowerment project, a youth organisation in Katutura, is slowly turning away from being a donor funded organisation to a self-sustainable youth group. The group launched its tour company, Kasie Adventures, which was primarily established to provide income for the group. The launch took place on Wednesday at Xwama restaurant in Wanaheda.
Young Achievers aims to empower young people from Katutura through capacity building and skills transfer. The main aim of the group is to make sure that all young people in this programme make it to and through tertiary education.
According to a statement issued by Michael Mulunga, a member of Young Achievers, the idea for the company came from Young Achievers members who were conducting tours for international students living in Windhoek.
“Members of Young Achievers saw that there might be greater demand for this sort of tours and decided to launch a commercial enterprise to sustain their youth development work,” he said.
The name “Kasie” is derived from the street language spoken in Katutura and means “neighborhood.”
He added that the members were further inspired by the Minister of Environment and Tourism, Netumbo Nandi-Ndaitwah, who encouraged young people to engage themselves in tourism related activities as the industry has many opportunities to offer, at the National Youth Week in April.
“Many tourists who come to Windhoek read about Katutura and expresses a desire to visit, but few are adventurous enough to go on their own. In recent years, a few tour companies have sought to serve these tourists by providing quick drive-through tours of Katutura in an air conditioned van or on the top of a bus, but they offer no real interaction with the people who live in Katutura,” said Mulunga.
Kasie Adventures will provide tours into Katutura that teach tourists about real life in the former township. Tour guides are senior youth members of Young Achievers who live in Katutura. Visitors  will meet the local people, shop in handicraft markets, sample typical street food (Okapana), have the opportunity to enjoy restaurants serving traditional food, visit local markets and more.
The establishment of Kasie Adventures was made possible by the hard work of Young Achievers’ members and a grant from the J. Kirby Simon Foreign Service Trust from the United States.  Wilderness Safaris trained the guides.

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Following reverse listing, public can now acquire shareholding in Paratus Namibia


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.