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Arrival of a new dawn for heart disease sufferers – Namibia Heart Foundation launched

Arrival of a new dawn for heart disease sufferers – Namibia Heart Foundation launched

In efforts to create awareness about heart diseases and their associated risks, the Namibia Heart Foundation (NHF) was launched on Friday in Windhoek.

The launch of the NGO was sponsored by Capricorn Group and its flagship brand Bank Windhoek, along with Ogilvy, First National Bank, Standard Bank, StaticGrid, Dr Ludwig Walters and Pick n Pay who also contributed to the event; all

Over 80 guests gathered together to endorse and support this great cause, including the Minister of Health and Social Services, Dr Kalumbi Shangula; along with cardiologists, dieticians, corporates, NGO’s, Miss Namibia 2019 Nadja Breytenbach and the general public.

The Foundation was explicitly established in March 2019 to educate the public on diverse heart-related illnesses and complement the good work of those who have dedicated their hard work towards creating awareness of heart diseases and its associated risks.

With volunteers around the country, the foundation further aims to create an inclusive, safe and empowered community for individuals suffering from cardiac diseases and strokes by helping, guiding and supporting them and their families.

Cardiovascular diseases are prevalent in Namibia, contributing up to 30% of the total deaths in the country.

Although the medical and allied professions, government and private hospitals, medical aid and insurance sector, and others do their utmost to educate Namibians on preventative and early diagnostic measures, much more needs to be done.

This difficult path can become a lonely place for sufferers as they deal with the after-effects of a heart attack, which could include sadness, anger, anxiety, guilt, confusion or stress. Therefore, the road to recovery is more than just regular exercise and healthy eating but also includes mental support to help sufferers become holistically healthy again.

“Anyone can recover from a heart attack with a healthy emotional & physical lifestyle,” said Gerhard De Koe,” the founder of the Foundation.

De Koe testified that his personal experience with heart surgery left him with a lot of emotional and physical needs at the time, which prompted him to stand up and be the voice for many other Namibians who are facing the same dilemmas during the process and its procedures.

Capricorn Group and its subsidiary Bank Windhoek reported that they support their statements of being Connectors of Positive Change, by planting seeds that will grow into sustainable change. Supporting the Namibia Heart Foundation is one such an example.

“We are proud to be part of this movement, which the group believes will make a positive impact on the lives of the patients and their families,” said Thinus Prinsloo, Capricorn Group CEO.

The Namibian Heart Foundation stated that they desire to take hands with the Namibian community and all role players to create a healthier and happier nation to ensure that our country advances in this regard. “Together with the support and various contributions of stakeholders, we can make a difference,” said De Koe, as he spoke at the function lobbying for more funds to ensure the success of the NGO.

Caption: Arrival of a new dawn for Heart Disease Sufferers: At the event, Zack Pienaar of Imago Dei; Minister of Health and Social Services, Dr Kalumbi Shangula, Miss Namibia 2019, Nadja Breytenbach and Founder of NHF, Gerhard De Koe.


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Following reverse listing, public can now acquire shareholding in Paratus Namibia


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.