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An accredited qualification is the key that opens the door to a future career

An accredited qualification is the key that opens the door to a future career

Encouraging prospective students to draft their new year’s resolutions around self-improvement and education, the director of the Southern Business School Namibia, Mr Albin Jacobs, stressed the importance of a commitment to education, saying “make the commitment and tell your friends and family about this resolution and amaze them with actually keeping to your resolutions well passed February and all the way to the conclusion of your course or degree and be rewarded with an accredited degree in one of the many fields of study that SBS Namibia has on offer.”

“Instead of just talking about doing something positive in 2019, actually do it and empower yourself and boost your education and career. Let self-improvement and education guide your resolutions for 2019,” he advised.

Explaining how easy it is to become a Southern Business School student, Jacobs continued “Life these days is all about convenience and distance learning makes it as convenient as possible. It’s easy to apply and register online for the course of your choosing. There’s even a road shows that Southern Business School organises so you can register. Your course material is sent to you or to a convenient location and exams are written in 15 exam centres across the country. There really is no excuse to not stick to your resolution of getting educated in 2019.”

“Resolving to educate yourself further means that you are making a promise to yourself to invest in broadening your knowledge and expanding your intellectual horizons. Staying the course in 2019 and starting to study may lead to improving your position within the company or organisation that you are working for,” he said.

Achieve that promotion you have had your eye on, or make the switch to the career or company that you have always dreamed of. Like all resolutions this takes real commitment and discipline and in this regard, academic institutions like the Southern Business School play an important role, he continued.

“Distance Learning and e-learning are becoming an integral and vital part of the educational landscape with many advantages. People often don’t think and realise that distance learning is a real viable option, providing you choose a properly NQA-accredited institution that provides quality education,” he said.

“Modern technology also helps you be disciplined and keep the promise you made to yourself. Internet, e-mail and other forms of technology ensure access to a wealth of up-to-date information for distance students. Motivation, or lack of it, is usually the reason why resolutions fall by the wayside by mid-February. Through the network that Distance Learning institutions like SBS Namibia provide, you will definitely stay motivated and keep your eye on the prize. You’re not learning in isolation, your network of other students, lecturers and tutors are all online and act as a support structure. This is all part of the education process in distance learning. There are even dedicated forums and chatrooms online for the students to interact and share ideas,” he concluded.


 

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Following reverse listing, public can now acquire shareholding in Paratus Namibia

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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.