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Jimny collects another award, continues proud 50-year tradition of the Suzuki jeep

Jimny collects another award, continues proud 50-year tradition of the Suzuki jeep

The delightful new Suzuki Jimny has collected several awards in less than a year. Introduced to an appreciative following in July last year, the Jimny has become so popular that many buyers have to wait six months for delivery. Recently, a panel of 86 international judges voted the Jimny the 2019 World Urban Car of the Year in the World Car of the Year awards. It was also one of the top three contenders in the design category at the same awards.

The President of Suzuki Motor Corporation, Toshihiro Suzuki, said: “We at Suzuki are greatly honoured to receive this award. The Jimny is the one-and-only compact, authentic off-roader and we have kept true to this concept for almost 50 years.

“It now has many fans around the world, who enjoy its excellent performance and one-of-a-kind functional design, both on- and off-road. We accept this award on behalf of our fans,” he stated.

Shortly after its launch last year, the new Jimny won a GOOD Design Award for its striking yet functional design and genuine 4×4 capabilities. It has also been included in the GOOD Design Top 100 Tour, which travels the world showcasing 100 of the world’s best design concepts.

Earlier this year, the Jimny won the Lifestyle Utility Vehicle category in the AutoTrader SA Car of the Year awards in South Africa.

In the southern African market, the Jimny is so popular, Suzuki South Africa had to increase its import volumes from Japan to cater for the growing list of orders.


 

About The Author

SADC Correspondent

SADC correspondents are independent contributors whose work covers regional issues of southern Africa outside the immediate Namibian ambit. Ed.

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.