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Breweries ‘Desks for Education project’ provides schools with conducive learning environments

Breweries ‘Desks for Education project’ provides schools with conducive learning environments

Namibia Breweries Limited (NBL) recently donated hand-crafted desks to schools around the country through the Group’s Desks for education project.

Inspired by the Group’s initiatives to enhance the lives of children through education, NBL Finance Director, Graeme Mouton initiated the Desks for Education project, involving Kraatz – an engineering company and subsidiary of the O&L Group – to repurpose recycled steel into beautiful frames after which NBL employees assembled and finished them off.

NBL Facilities Supervisor, Pieter van Niekerk, together with his team adopted and owned the project practicing attention to detail with the carpentry of each desk.

“The aim of the project is to provide schools with good quality desks that will not only increase teaching efficiency but also create a comfortable and positive learning environment for the students. My team and I are committed to manufacturing each desk with the utmost care and take pride in contributing to the difference made in the lives of our children,” Van Niekerk said.

Van Niekerk further applauded Kraatz and the O&L Group at large for the interdependent action taken with the manufacturing and allocation of the desks to the respective schools.

The first school to benefit with 25 two-seater desks was the Otjinungua Primary School, 300 km north of Opuwo. The second benefitting school was the Cimbebasia Primary School in Windhoek which received 40 two-seater benches.

“On behalf of the school, I would like to thank NBL, Kraatz, and the O&L Group at large for this donation of furniture to our school. Words will never express how thankful we are. As a growing school, every effort to assist us is highly appreciated,” said Cimbebasia Primary School Principal, Alida van Niekerk.

She further expressed her heartfelt gratitude towards the Education Director of the Khomas region, Gerhard Vries for identifying Cimbebasia Primary School as a potential beneficiary.

Desks for Education is a long term project and the next batch of desks earmarked for Otjinene are already in production.


Caption: Cimbebasia Primary School H.O.D (Life skills), Leah N. Haimbodi; NBL Supervisor: Facilities, Pieter van Niekerk; Cimbebasia Primary School Principal, Alida Van Niekerk accompanied by learners from Cimbebasia Primary School (Front Row).


 

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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.