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Draft your own hero story

Vicky Muranda of FNB bank is the new hero of this admiring assembly of young fans.Child councillors, radio presenters and the child protection committees in support of LifeLine Childline and the Community Certificate programme at NAMCOL, this week attended an induction course in the use of a so-called Hero Book.
A Hero Book is a document, and a process, in which a child, young person or adult is invited to be the author, illustrator, main character and editor of his/her own life-book that is designed to help them set goals, and give them power over a specific challenge or obstacle in their life.
The Hero Book process works as a form of community mobilisation helping individuals to reflect on their inability to solve their problem, and then leading to a solution of empowerment and self-respect. Being the author and auctor of one’s own book and storyline leads to insight and to the mobilisation of a wider circle of external support and resources. At the end of the process, each person has a hand-bound storybook of their own making which is a kind of mission statement that incorporates a solution. At the same time, it is a roadmap that documents and reinforces problem busting strategies. The children go through the process of identifying heroes, setting goals, listing sad and happy memories, sketching phases in life, their road of life and also obstacles while searching for solutions.
The FNB Foundation has supported this project with an amount of N$915,230 over a period of three years from 2012 to 2015. Manager Corporate Communications at FNB Namibia Vicky Muranda, said “This is a first for the LifeLine ChildLine child radio presenters and child councillors and committee members. REPSSI has done similar trainings on the Hero Book with other NGO’s with whom Childline partners. In this first training almost 40 children are participating, ranging in ages from 8 to18 years and they are also from all walks of life, not only from under-privileged backgrounds.”

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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.