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Paralympian speed merchant Shikongo finally gets a house to call home

Paralympian speed merchant Shikongo finally gets a house to call home

Paralympian speed merchant, Ananias Shikongo received his dream home early this week, courtesy of Standard Bank through the Buy-a-Brick initiative.

The two-bedroom house, with an en suite main bedroom, kitchen and lounge area was built to the tune of N$500,000 in collaboration with the National Housing Enterprise and took an impressive 6 months to complete.

Standard Bank resolved to reward Shikongo for his inspirational work, because although he had become a nationally celebrated hero by winning gold at the Summer Paralympics in Rio De Janeiro, he still lived in a shack like so many other Namibians from no or low income households

“Like many others in his circumstance, Ananias could have given up on his dreams after he lost his eyesight, however he did not allow that to stop him from dreaming, instead he used it to fuel him on to become the third Namibian to win handsomely at the Summer Paralympics. We are therefore proud to have been able to make his dreams of owning a decent home come true,” Standard Bank’s Head of Marketing, Communication and CSI, Magreth Mengo, said during the handover

She explained that the home was merely the Bank’s humble way of celebrating the athletic hero’s great achievements.

“We hope that this serves as an inspiration to all Namibians, that they should never let their circumstances in life determine their success. We all have it in us to become the best versions of ourselves and fulfil our dreams. Ananias [Shikongo], allow me to thank you for being a hero to every Namibian, able-bodied and disabled, for showing us that we are the only ones standing between us and our own success; for showing us that hard work really does pay off,” she said.

NHE CEO, Gisbertus Mukulu, also expressed his elation at being able to contribute to making Shikongo’s dream come true. He said that he hoped the NHE would go down in history not only as a company that builds houses but one that provides people with homes and change their lives for the better.

Delivering the keynote address, the Deputy Minister of Sport, Youth and National Service, Agnes Tjongarero, stressed that the only disability in life was a bad attitude, pointing to Shikongo’s success as a testament of that.

“I am deeply humbled by the gesture of Standard Bank and the Buy-a-Brick initiative. We all know about the economic circumstances we are currently experiencing. These economic conditions are deplorable and for Standard Bank to have built and donated this house is really commendable,” she stressed.

Tjongagrero also added that sports development in the country could not be left up to the government alone, and as such she was pleased to see that private institutions such as Standard Bank and NHE have heed the call.

Unable to contain hi jubilation, Shikongo said he was pleased to have finally changed his life from a ghetto life to a city life.

“Standard Bank should serve as a great example to other companies that often overlook the plight of the people in the country,” he said, expressing his gratitude.

Recounting all his struggles that led to his success, he also urged those who have dreams to not give up on them but instead work hard because they will eventually be rewarded like he has been.


Caption: Deputy Minister of Sport, Youth and National Service, Agnes Tjongarero give Ananias Shikongo the keys to his new home.


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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.