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Chinese astronauts to visit Namibia

Chinese astronauts to visit Namibia

Liu Yang, China’s first ever female astronaut, and fellow astronaut Chen Dong will visit Namibia from 19 to 23 August, according to statement released by Chinese Embassy in Namibia on Thursday.

The statement said the visit aims to respond to the kind invitation of Namibian President Hage Geingob and to enhance communication and cooperation on astronautics between China and Namibia. During his state visit to China last year, Geingob visited China Space Center, interacted with 3 Chinese astronauts, and invited Chinese astronauts to visit Namibia.

“During the visit, the delegation will pay a courtesy call to president Geingob, to meet local middle school learners at Space TT&C Station, and to communicate with students face to face at Namibia University of Science and Technology,” according to the statement.

The Chinese Embassy said astronauts are national heroes, their visit to a foreign country always receives a warm welcome from local friends. Their trip to Namibia will become a landmark event of friendly exchange between the two countries.

“In 2010, the first Chinese astronaut Yang Liwei visited Namibia. This will be the second visit of Chinese astronauts to Namibia, highlighting the special relationship of our two countries and the great importance China attaches to our cooperation,” the statement further read.

“China and Namibia keep good cooperation in the fields of aerospace on the basis of equality and mutual benefits, China’s aerospace development cannot be separated from the support of Namibia. The visit will further strengthen the friendship between the two countries and two peoples,” it added.

On 16 June, 2012, Liu Yang, as one of the crew of Shenzhou-9, went to the Chinese space station Tiangong-1, becoming the first female Chinese astronaut going into space.

On 17 October, 2016, Chen Dong lifted off with Shenzhou-11 for a 33-day space mission to the Tiangong-2 space station as his first spaceflight. The crew landed successfully on November 18, 2016, marking China’s longest manned space flight to date. (Xinhua) .


 

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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.