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Desert Fruit expects bigger Bahri date harvest as new groves come into full production

Desert Fruit expects bigger Bahri date harvest as new groves come into full production

Bahri dates exported fresh, are a key element of Desert Fruit Namibia’s strategy to make inroads in the Middle East market and in Muslim countries in Asia.

This week the local grower’s Managing Director, Seth Holmes, said they are focussing on the Bahri cultivar and are expecting a much bigger harvest come end of January next year, when the fruits start to ripen.

“Our focus has been to increase quality and date size, pushing the envelope of the delicacy market. The young trees are reaching production maturity and the tree health is reflected in the fruit quality,’ he said.

Revealing a little of their adapted marketing strategy, Holmes said they will introduce new one kilogram packets of loose, fresh Bahri punnets in addition to their 5kg carton. “This is meant for convenience shopping at the retailer and we are excited about this addition to our product range” he said.

Desert Fruit Namibia is one of only a handful of known producers of fresh Bahri dates in the southern hemisphere. While Bahri is relatively unknown in Europe and the United States, they are a delicacy in the Middle East and demand from Asia is rising.

Holmes said that buyers have already started placing their orders for the upcoming season and more orders are expected as last year’s produce, exported to the UAE, Malaysia, Indonesia, Maldives and Switzerland, received an excellent response in the market. “The produce will be harvested from late January to the end of March and it is looking good as we are able to deliver Bahri for an extended season to all our customers,” commented Holmes.

The Bahri date is traditionally eaten fresh as a crisp, sweet fruit. Some consumers though, prefer to let the fruit age, preferring the soft, cured dates instead of the freshly-picked product.

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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.