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Education Council discusses five year strategic plan

The National Council for Higher Education (NCHE) recently held a consultative meeting with various stakeholders with the aim of setting a strategic direction for the NCHE Secretariat from 2012 to 2017.
Speaking at the meeting, Dr Zedekia Ngavirue, former chairperson of the NCHE, said that globalisation together with technological advancement have brought about significant social, economic and political changes in the society.
He further said that whilst these developments provide great opportunities, they also present challenges, therefore there is a need for each institution to develop the right vision, mission and strategy in order to respond to such changes in a very innovative and sustainable way.
“It is therefore commendable that the NCHE has decided to undertake the exercise of drafting its strategic plan that is expected to enable it achieve its unique organisational goals. The draft maps out the Council’s main strategic route for the next five years and indicates to all role players in the higher education sector what the NCHE aspires to do in order to ensure that its goal of quality education for all is realised,” Ngavirue said.
According to Ngavirue, the draft strategic plan for 2012/2017 does not only give some indications on where the council wants to go, but what the council expects from its stakeholders in order to arrive where it wants to be in the next five years.
“It is for those reasons that we have decided to share our intentions of taking the NCHE to greater heights. The main thrusts of the plan, include stakeholders ownership, transparency, partnership, commitment, service delivery, result-based management and sustainability,” he said.
He further said, that the strategic plan should also be aligned to the other significant strategic planning documents such as the Millennium Development Goals, the various National Development Plans and  Vision 2030, with the idea being to build synergies that will result in greater and excellence results.
“Therefore your input become imperative and it is for this reason that I will urge all of us to be sincere when scrutinising the draft Plan,” Ngavirue added.

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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.