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First foal to survive in six years arrives for the wild horses of Garub

First foal to survive in six years arrives for the wild horses of Garub

Game rangers in the Namib Naukluft Park noticed earlier this year that some of the hyenas in the Garub area have moved out of the park after widespread but patchy rain in the winter rainfall zone. In the wake of their departure, the wild horses of the Namib managed to produce the first foal in six years.

This week the Namibia Wild Horses Foundation said the world-famous feral horses in the Garub area of the Namib Naukluft Park near Aus, have gone through a tough time since 2012. Not a single foal has survived due to the prolonged five-year drought, and the subsequent predation by hyenas after their natural prey moved north, following extensive rainfall in those areas.

This twofold attack on the horses reduced their numbers from close to 300 to just 79, now 80 with the arrival of the new baby.

After several years of the Namibia Wild Horses Foundation providing fodder for the horses to sustain them over the drought period with generous donations by the public, this year’s winter rain broke the drought and covered the desert floor in a carpet of grass. “The surviving horses have gained condition and are fat and healthy,” stated the foundation.

Another foal is expected in the next few months and several other pregnant mares will foal in the first half of 2019, adding several more individuals to the nearly decimated wild horses.

The wild horses of the Namib have frequented the desert around Garub for more than one hundred years. Although there are several theories about their origin, it has never been confirmed exactly how they ended up at Garub.


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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.