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Global footballers visit Namport

In front of the Namport Head Office is the Manager: Corporate Communication, Liz Sibindi with some of the players.

In front of the Namport Head Office is the Manager: Corporate Communication, Liz Sibindi with some of the players.

The Global United Football Club, the first non-profit football club consisting of renowned football legends worldwide is back in Namibia for the 4th time and paid a courtesy visit to the Namibian Ports Authority on Monday, 18 March 2013. The Global United Football Club is committed to sustainable, social climate protection and to fighting the increasingly devastating effects of climate change.
Namport PRO, Liz Sibindi said the Global United Football Club’s objective ties in well with Namport’s’ commitment to the preservation of the environment in which it operates, which is evident in the ports authority’s long-standing ISO 14001 certification.
The team listened to an informative presentation on Namport’s approach to environmental management and success in the different projects since 2003, amongst others the carbon footprint of Namport, the completion of the Energy Efficiency Study and the successful rehabilitation of the old truck wash site in conjunction with TransNamib.
It is worth mentioning that the Truck-wash site was judged as one of the most polluted sites in Namibia in 2005. A proper new facility was since constructed and completed in 2007 by TransNamib/Namport partnership.
An Environmental Management Standard, such as ISO 14001, addresses various aspects of environmental management through identifying and controlling the environmental impact of Namport’s activities. It also assists in Namport’s continual environmental improvement performance, and in the implementation of systematic approaches to setting environmental objectives she said.
Namport also contributes to the Coastal Biodiversity or Coastal Environment Week, annually hosted by NACOMA.

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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.