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Namibia upsets Japan, New Zealand to secure top travel destination award

Namibia upsets Japan, New Zealand to secure top travel destination award

Namibia won the highly desired Top Country spot at the recent Wanderlust Readers’ Travel Awards, announced at ‘Destinations: The Holiday and Travel Show at Olympia in West Kensington, London, England on 31 January.

Wanderlust is considered as the must-read magazine for the independently-minded and curious traveller in the United Kingdom.

Namibia took the lead ahead of Japan and New Zealand, who secured the second and third position respectively. The only two African countries that featured in the Top Country category were Namibia and South Africa, with the latter securing the 7 spot.

“Having tracked rhinos there, I can personally testify that Namibia is a success story, with wildlife still flourishing both inside and outside the national parks, really adding to the visitor experience,” said Wanderlust Magazine’s Co-founder and Editor-in-Chief, Lyn Hughes.

The British market remains an important source market for Namibia, where the country has had a presence since 1994. In 2018, a total of 33,450 United Kingdom tourists (out of a total of 1.4 million international visitors) visited Namibia, and thus it is the second largest European market for Namibia.

“This is fantastic achievement for Namibia. Our country has won the highest accolade for adventure travel destinations in the British market. We are even happier since Namibia regained its position as ‘number one’ country, which we previously had secured in 2014,” said Maureen Posthuma, Head of Marketing at the Namibia Tourism Board.

Meanwhile, Bärbel Kirchner, Account Director of Team Namibia stressed that it is extremely difficult to enter the European market, adding that Namibia is one of hundreds of countries and one of thousands of tourist destinations that compete for the attention of holiday makers.

“As Namibians we can be incredibly proud, and indeed also recognise that our country is top class for discerning travelers. As Namibians we can further stimulate and support our own economy by buying local, and this includes travel services and holidaying in our own beautiful country,” Kirchner said.


 

About The Author

Donald Matthys

Donald Matthys has been part of the media fraternity since 2015. He has been working at the Namibia Economist for the past three years mainly covering business, tourism and agriculture. Donald occasionally refers to himself as a theatre maker and has staged two theatre plays so far. Follow him on twitter at @zuleitmatthys

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.