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Annual ICT summit launched – digital transformation targeted

Annual ICT summit launched – digital transformation targeted

The Minister of Information Information and Communication Technology, Stanley Simataa, this week launched the 6th National Information and Communication Technology (ICT) Summit 2019.

The summit will run under the theme: “Accelerating digital transformation in Namibia” and is scheduled to take place from 7 to 9 October in Windhoek.

Speaking at the launch Simataa said digital transformation and the acceleration thereof is without a doubt unavoidable and fundamental in an age where technological innovation has been recognized as a powerful engine for development to address social and economic challenges and steer global developments for policy makers and citizens alike.

“For Namibia to transform, we must harness the full benefits of digital transformation. The emergence of digital technologies, has given rise to digital corporations which have created opportunities for innovation and entrepreneurship,” he added.

According to Simataa the summit will provide a unique opportunity for interactions between policy makers, ICT experts, academicians, entrepreneurs and ICTs innovators to reflect, understand and share
knowledge on advancements and trends in the ICT sector.

At the launch event the companies that sponsored and confirmed their participation presented their contributions to the minister.

This year’s sponsors in their respective catergories include: Platinum sponsors: Schoemans Technologies, Telecom Namibia, New Era Publication Corperation, NBC, MTC, Huawei and MTN

Gold :AVM, CRAN, Standard Bank and MultiChoice Namibia.

Diamond: PowerCom, Green Enterprise Solutions

Silver Sponsors: Paratus Telecommunication, Proef Namibia, Headway Consulting Shine Technologies Solutions, Business Conexion and VEYA ICT.

Exibitors that will be present at the event will include: Lori Ink, UNAM, NUST, IUM, IIT and ManageEngine.

Caption: The Minister of Information, Stanley Simataa (Centre) launched the 6th National lCT Summit.


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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.