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Women’s influence, participation in peace processes to be strengthened by National Action Plan

Women’s influence, participation in peace processes to be strengthened by National Action Plan

The government this week launched the National Action Plan (NAP) on Women, Peace and Security (WPS) 2019 – 2024.

Delivering the keynote statement the Deputy Prime Minister and Minister of International Relations and Cooperation, Netumbo Nandi-Ndaitwah, said the Plan’s overall aim is to strengthen women’s influence and meaningful participation in peace processes as well as in broader peace-building and state building.

With 23% representation, Namibia is among the countries with the highest proportion of women in the Defense Force in the SADC region.

Nandi-Ndaitwah said, “the effective implementation of, and accountability for the Plan requires a monitoring and evaluation plan, and a robust coordination mechanism”.

Meanwhile, Nandi-Ndaitwah hopes that the WPS Agenda continues to make an impact not only in Namibia but the whole SADC region.

“Namibia submitted the WPS Agenda to be a standing Agenda item of the SADC Organ of Defense and Security. This will create a platform for SADC nations to act in unison, and to share information on the subject matter,” she added.

At the event, it was also announced that Namibia is in the process of establishing an International Women’s Peace Centre in Windhoek.

This centre will focus among others on research aspects of mediation and negotiations, as well as capacity-building and supporting women on issues related to gender – based violence, she added

“Namibia, as a member of SADC will continue to play her part in ensuring that women play a greater role in the prevention of conflict, the resolution of conflict and the maintenance of peace,” she concluded.


 

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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.