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Breweries introduces new non-alcoholic beverage to its Windhoek range

Breweries introduces new non-alcoholic beverage to its Windhoek range

Namibia Breweries Limited (NBL) reaffirmed its commitment to instilling “a culture of continuous innovation”, through the introduction of Windhoek Non-Alcoholic to its beer portfolio, and to its premium Windhoek range.

The new non-alcoholic beverage will officially be available on shelf as from 16 September, NBL Managing Director of NBL, Marco Wenk said at the presentation of the NBL Financial Results for the year ended 30 June 2019 last week.

“Innovation within all spheres of our business is a strong focus for NBL, and supports both volume growth and bottom line performance as we continually strive to be ahead of the curve in meeting the ever changing needs of consumers,” Wenk said.

In Namibia and across our export markets, Windhoek Beer is recognized for its brewing credentials and quality. Windhoek Lager, Windhoek Draught and Windhoek Light each has a distinct style and character, and are all brewed in accordance with the stringent German Reinheitsgebot Purity Law, he added.

“As such, in sticking with what consumers love about Windhoek, we are proud to bring them Windhoek non-alcoholic, with all the goodness of the Reinheitsgebot Windhoek they love, but with less than 0, 5% alcohol,” said Wenk.

NBL Marketing Manager, Rene Duffy said, “Tapping into new global trends and inspired by our consumers and their ever evolving needs, NBL is proud to introduce to you our latest innovation – this time, for our Non-Alcoholic Beer lovers! Our very own Windhoek Non-Alcoholic Beer. We can proudly claim that currently this is Namibia’s only non-alcoholic beer that is brewed locally, here in Windhoek.”

“It is important that we keep up with the trends, as a leading beverages producer in Namibia and the world, and also that we do not allow ourselves to be limited by the economic challenges faced today, but that we persevere and remain passionately dedicated to owning the future, creating new realities and enjoying the journey,” Wenk concluded.


 

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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.