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Midway for Arctic Challenge

The performance competition for Top Motor Dealer and Salesman gains momentum.
It has been exactly six months since Standard Bank’s Vehicle and Asset Finance (VAF) Department launched its exciting new “Arctic Challenge” campaign for its top Vehicle Salesmen and Dealerships, running from the 01 September 2012 to 31 July 2013.
The winners of this latest campaign will be treated to a 9-day, all expenses paid trip to Iceland, where they will experience first-hand, one of the world’s last frontiers, the Arctic, with 4×4 vehicles as aired on the television programme Top Gear.
In light of this, time has now come to announce the best performing Vehicle dealerships and sales people in the country recorded up until the end of January 2013.
The winners in the New Vehicle Mega Dealership are Zimmermann Garage, Indongo Toyota Windhoek and Novel Motor Company.
And the winners for New Vehicle Mega Salesman are Bianca Gavin – Zimmermann Garage, Jurgen Dilg – Novel Motor Company and Martin Willem – Indongo Toyota Windhoek.
In other categories the winners were: New Vehicle Macro Dealership: Pupkewitz GWM, Kia Motors and Novel Volvo/Land Rover.
New Vehicle Macro Salesman: Stanley Kali – Pupkewitz GWM, JF van Eden – Kia Motors and Cornelius Katjiru – Pupkewitz GWM.
New Vehicle Country Mega Dealership: Gobabis Toyota, Pupkewitz Toyota Oshakati and Indongo Toyota Walvis Bay.
New Vehicle Country Mega Salesman: Hannes Engelbrecht – Gobabis Toyota, Wouter van Zyl – Pupkewitz Motors North and Maryke Viljoen – Autohaus Swakopmund.
New Vehicle Country Macro Dealership: Von Baum’s Motors, Marina Toyota and SF Auto.
New Vehicle Country Macro Salesman: Frikkie Engelbrecht – Von Baum’s Motors  and Iwan Hugo – SF Auto.
Used Vehicle Mega Dealership: Select Cars, Auto World, Pupkewitz Certified Used Cars, Auto One
Autohaus Mastercars and Danlou Motors.
Used Vehicle Mega Salesman: Jaco Barnard – Select Cars and Tumaini Mchombu – Auto One
Used Vehicle Macro Dealership: Auto Swiegers, Cross Roads Motors and Kaiser Motors.
Used Vehicle Macro Salesman: Eric Coetzee,  Auto Swiegers and Antonio Carew, Cross Roads Motors.
Standard Bank Namibia’s New Business Manager in VAF Eugene Junius said all the different dealerships in the various categories will be competing against each other.
“They all have a minimum target to meet per month during this campaign. The salesman who comes 1st in each category will be included in the trip to Iceland, while the 2nd and 3rd will win cash prizes,” said Junius.
The top performing Dealerships will also be recognised at the Annual Standard Bank Vehicle and Asset Finance Gala event later this year. The ‘Arctic Challenge’ follows on from the success of last year’s VAF campaign namely the “Four Nations Rugby Challenge” to Argentina and in 2011 was the ‘F1 Racing Challenge’ to Italy.

About The Author

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.