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Team Namibia highlights local benefits for member companies

Team Namibia highlights local benefits for member companies

Team Namibia made an urgent appeal this week to all local businesses, irrespective of whether they are producing goods or services, to secure their membership of Team Namibia to benefit from the association with the brand.

Producers and manufacturers are equally prompted to register their products with Team Namibia in order to display the “Team Namibia Product” logo on their ware, the association said in a statement.

“This will ensure that they get the necessary exposure through their association with the Team Namibia brand. Through the efforts of Team Namibia, they will also benefit from local consumer awareness and with the intention increase their sales volumes through local supply chains, and thus capture a larger share of the market,” they added.
According to the statement, members of Team Namibia also have the authorisation to show proof of their membership certificate when bidding or tendering for business, in addition to displaying the “Member of Team Namibia”logo on their stationery and marketing material.

Mareka Masule,founder of Ilotu Investments said, “Team Namibia has truly been impactful. We have definitely felt the level of respect for our brand increase after adding Team Namibia’s logo to our materials.”

“We definitely do feel even more confident knowing that Team Namibia is a huge part of our backbone when it comes to getting our products to whom they’r eneeded, more effectively, by organising events such as the recent retail speed dating event that has opened up retailers arms to welcoming Ilotu Cosmetics onto their shelves. We hope that more Namibian business will become a part of the Team because of a wise man once said, “If you want to reach there quickly, go alone; but if you want to go far, go together,” Masule added.

Meanwhile, the Association said in an economy such as Namibia’s, it is very important for local producers and manufacturers to ensure clear visibility of their products to potential customers in-store.

Team Namibia offers its members the competitive advantage that comes with displaying their trademarked logo on products produced locally. Producers who want to display the “Team Namibia Product” logo on their products must first receive authorisation to do so. Product code registrations for members is N$100 per code, whereas non-members pay N$20,000 per product code, the Association said.

The Association furthermore encouraged retailers to collaborate with efforts that capacitate local producers to reach market access requirements, which many of the large ones already do through skills and entrepreneurship development initiatives, to meet requirements of Namibia’s Retail Charter.

Bärbel Kirchner, account director at Team Namibia said, “This will ensure that we build our own capacities and increasingly become self-reliant and ensure our sustainable economic development and employment. We need our products and services to be bought. We might not always be able to compete on price and therefore must work towards levelling the playing field and initially support our own. In this way, we can create employment”.

Meanwhile, producers have been urged to engage other stakeholders in the economy such as retailers and consumers, most importantly, Team Namibia, and work together in the spirit of Uumkumwe (collaboration) to competitively earn shelf space for locally produced goods in supermarkets and corner shops and convenience stores.

“As a result, it will inspire a strong sense of national pride that arises from sustainably supplying Namibian consumers with Namibian goods and services,” they concluded.


Caption: It is very important for local producers and service providers to make their products easier to identify as local quality offerings in the marketplace. For further information about membership benefits, Team Namibia can be contacted at Tel. 061 417410.


 

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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.