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Silent killer – High Blood pressure surpasses HIV in the Corridor Group’s revalence study

Silent killer – High Blood pressure surpasses HIV in the Corridor Group’s revalence study

A recent study done with the Ministry of Works and Transport (MoWT) and several transport sector companies revealed that although HIV poses a threat to the industry, a more clear and present danger was the high blood pressure levels.

This Employee Wellness Screening Study was conducted with 1445 participants across the country, to determine the medical conditions of the ministry’s staff members and to identify factors associated with higher prevalence.

The study further monitored the disease trends over time, to provide the basis for decision making on employee wellness interventions. The study had the added advantage that it created awareness among employees about their health status.

The MoWT contracted the WBCG to carry out the study with financial support from the Deutsche Gesellschaft Internationale Zusammenarbeit (GIZ). For the last decade, the WBCG has run its HIV programme targeting the Namibian transport sector.

These findings are a major revelation that will assist us to make informed decisions about relevant and effective health and wellness programmes for the industry said WBCG’s Wellness Services Manager, Edward Shivute.

“Our vision to be the prime driver of self-sustaining HIV and AIDS and Employee Wellness Workplace programmes in the Namibian transport sector and the Southern African Development Community need to be measured against results and data,” he said.

“Consistently challenged to quantify its narrative and success in providing life-saving health services to transport workers and specifically long-distance truck drivers, who are perceived as transporters of HIV along the corridors, the WBCG remains resolute in its pursuit to affirm its strategic position to reduce the impact of HIV within this important, economic-driving industry,” he 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.