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Mix and match brings healthcare manufacturers and pharmacists together to pursue the same goal

Mix and match brings healthcare manufacturers and pharmacists together to pursue the same goal

One of the many obstacles small local manufacturers face, is to get shelf space in retail outlets. Turning their attention to pharmaceuticals and cosmetics, Team Namibia last week organised a lively pitching network session to establish marketing channels between various producers of personal care lines and nine Windhoek pharmacies, a duty-free shop and an airline.

Representatives from Olympia Pharmacy, Mitzi’s Pharmacy, Tauben Glen Pharmacy, Westlane Pharmacy, Tee Kay Pharmacy, Essential Health Pharmacy, Luisen Apotheke, International Pharmacy and City Pharmacy, as well as Paragon and Quatar Airways attended the event to meet the manufacturers and listen to what they had to pitch.

On the opposite side of the table sat the owners of ten small businesses, all hoping to establish a value-added relationship with the retailers so that their products can make it onto their shop shelves.

The hopefuls comprised Ilotu, Desert Secrets, Ecoso Dynamics, Chrisla Essentials, Ousie’s Skin Care, Mediplants, Eden Manufacturers, Elmarie Thompson Incorporated, Kuti Oil and Lexious offering customer service training.

The manufacturers offered products ranging from skin and hair healthcare products to perfumes, medicinal powders, sanitary pads, cosmetic oils and air fresheners. The pharmacists in turn, offered advice and expressed their support for local products.

The retail networking events organised by Team Namibia provide a platform for retailers to look for possible local suppliers during a very short space of time. The purpose is not only to facilitate market access for the manufacturers but also to provide them with effective feedback if they were to fail to meet all requirements for stocking by the respective retailers.

Team Namibia chairperson, Jan Coetzee, said “Supporting local producers will allow them to further evolve and develop their products. Retailers need quality, consistency and quantities, and these can only be achieved through market expansion. With an increase in production, local producers can also start benefiting from economies of scale and bring down their unit costs. This will further provide scope for more purchases as well as higher margins for our retailers.”


Caption: “Just what your patrons need, a body scrub lotion to revitalise a tired body.” Svenja and Bernd Reiners (right) giving Selma Mamina (left) of Tee Kay Pharmacy, a quick run on the many benefits of their range of healtcare products. During a round-robin network event organised by Team Namibia, local manufacturers each had a ten minute window to pitch their products to pharmacy owners in Windhoek.


 

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

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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.