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Undeniable link between fitness and medical costs – NMC promotes healthy lifestyles

Undeniable link between fitness and medical costs – NMC promotes healthy lifestyles

Not to be thwarted by bureaucratic attempts to prevent the obvious benefits of a healthy lifestyle, Namibia Medical Care announced this week it has found a new fitness partner in the Windhoek City Runners Club.

In the past, Namibia Medical Care (NMC) offered medical aid members rebates on their monthly contributions if they belonged to a gym and attended a stipulated number of training sessions. However, this was blocked by financial authorities on a legal technicality and NMC members lost both the health and the wealth benefit.

In the meantime NMC’s management did not take the blow lying down, and started strategizing to find alternative channels to achieve the same result, i.e. containing the ever-rising cost of medical care by promoting healthy lifestyles. This lead to NMC’s Fitness Explosion in which the Windhoek City Runners Club plays a key role.

As part of the partnership, NMC is providing branded merchandise and cash to cover costs for selected social runs, the first of which is scheduled for 29 September in the Daan Viljoen nature reserve. Fitness fans can find the entry form at

Caption: Motivating Namibians to lead a healthy life, are from the left, Ben Nandago of NMC, Paulus Ndamanomhata of Windhoek City Runners, Alison Begley, NMC’s Principal Officer; and Frans Amakali and Geoffrey Muhinda, both also of Windhoek City Runners.


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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.