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German charity Support Ulm sends medical beds for invalid patients

German charity Support Ulm sends medical beds for invalid patients

Julieta Kavetuna, Alexia Manombe-Ncube and Esther Mbathera were the first three Namibians who this week tested the durability of ten new medical beds received by the health ministry for invalid patients who are semi-permanently dependent on a good bed.

The health Deputy Minister, the disability Deputy Minister and the Ohorongo PRO represented their employers at a small function earlier this week where the German charity, Support Ulm e.V. shipped ten special beds and mattresses to the health authorities for use in public health facilities.

Deputy Minister Manombe-Ncube graciously received the beds saying that they will help improve the lives of bedridden patients. “I can not not stop thanking Support Ulm e.V, the Ohorongo Otavi Community Trust and the Ministry of Health and Social Services for this supportive gesture. It will make a significant difference in the lives of people with disabilities. Disability in general is costly and need a concerted effort from all stakeholders to help restore the dignity of the disabled. Many people with disabilities perish because they do not have basic needs such as medical beds that can prolong their lives.”

Deputy Minister Kavetuna agreed adding that the donation will contribute to the ministry’s vision of taking health care to the people.

Ohorongo’s Mbathera said “The generosity and enthusiasm of Support Ulm e.V over the past 10 years have ensured that we leave a legacy of excellence in health delivery that meets the health demands of all Namibians.

“When this request came I agreed because we talk a lot about taking services to the people. This donation will give us an opportunity to take care of people in their environment. The beds are comfortable and will help prevent patients developing bedsores and/or further injuries,” said Hon. Kavetuna.


 

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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.