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World Travel Market beckons tourism operators to Cape Town for 2019 conference

World Travel Market beckons tourism operators to Cape Town for 2019 conference

The upcoming World Travel Market Africa conference in Cape Town again promises to be a blockbuster event for regional tourism companies and operators. This week the conference organiser said around 5000 tourism professionals are expected over the course of the three-day event

Scheduled for Wednesday 10, Thursday 11 and Friday 12 April, the conference will present industry panel discussions, an exhibition and the awards ceremony for responsible tourism.

Megan Oberholzer, Travel Tourism & Sports Portfolio General Manager at Reed Exhibitions said that the industry has been working hard to embrace their role within the parameters of responsibility for the environments in which they operate – but there’s always more work to be done. “The Business Case for Responsible Tourism conference is an opportunity for role-players in the continental industry to convene and share ideas,”she says. “It’s going to offer an unprecedented opportunity for #WTMA19 to drive positive change in the way visitors explore our great continent”.

Two back-to-back panel discussions take place in the Conference Theatre on Wednesday 10 April from 14:30. The first examines the topic: “How can Travel and Tourism best reduce the carbon emissions of our industry?”. The panel, moderated by WTM Responsible Tourism Advisor Dr Harold Goodwin, includes Calvin Boia (Marketing & Brand Manager: Verde Hotels); Rene Laks (Managing Director, Sub Saharan Africa: Solarus); Andrea Nicholas (Managing Director: Green Tourism, UK) and Lorraine Jenks (Founder CEO Hotelstuff/Greenstuff).

The second discussion: “What should the tourism sector be doing to effectively promote wildlife conservation?” is also moderated by Dr Goodwin. Panellists include Kruger National Park Managing Executive Glenn Phillips; Former Fair Trade Tourism Managing Director Jane Edge and Endangered Wildlife Trust Head of Conservation Harriet Davies-Mostert.

The African Responsible Tourism Awards will follow this debate, from 16:45-17:30, in the Conference Theatre. The awards are an Africa-wide platform to celebrate the most inspiring and enduring responsible tourism experiences – those which contribute to preserving, respecting and benefitting both destinations and local people.

For 2019, the public have been able to nominate tourism businesses and organisations they feel are deserving of awards, while tourism organisations can also enter themselves. Dr Goodwin said that the opportunity to hear from African Responsible Tourism award winners is one not to be missed.

World Travel Market Africa was hosted first in 2014, also in Cape Town. Since its inception, it has established a proven mix of hosted buyers, media, pre-scheduled appointments, on-site networking, evening functions and invited travel trade visitors.


 

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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.