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New black rhino baby testifies to the success of protecting every animal individually – more funding required

New black rhino baby testifies to the success of protecting every animal individually – more funding required

A wild black rhinoceros, adopted by an old Namibian company, has recently given birth to a baby daughter, prompting the sponsor to continue to support the mother and her calf.

The Swaco Group of Companies announced earlier this month, it has recommitted its sponsorship of the Save the Rhino Trust, making available N$60,000 in part as an adoption fee with the remainder buying uniforms for one tracker team.

The rhinos are part of the widely dispersed black rhino population in Namibia’s Kunene region. Confirming Swaco’s commitment, the trust said this week the calf has been named Themba by its sponsors. Among the trackers, its mother goes by the name Tuta.

The trust’s chairperson, Maxi Louis conveyed her appreciation to Swaco, at the same time issuing a challenge to other companies to follow Swaco’s example by adopting more rhinos and providing funds for the tracking teams.

“Thanks to the ongoing and generous support of donor organisations such as Swaco, Save the Rhino Trust has proved its sustainability over a period of 36 years. [The] formal Memorandum of Understanding with the Ministry of Environment and Tourism [is] recognition of the value of the work done by the trust in assisting the ministry in the protection of black rhino,” she said.

The trust’s rhino conservation work is vitally important on both national and international level. The Kunene region’s black rhinos are true desert survivors witnessed by their ubiquitous presence in ancient San rock art. However, despite strong worldwide and local support, various funding gaps remain for it takes a lot of money to protect every rhino individually.

Swaco’s symbolic adoption of Themba covers the cost of monitoring and protecting mother and calf through individual identification for the next year. Rhinos can be adopted by a person, a family, a group of friends, a school or a business.


 

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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.