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Ministry receives new batch of green passports – Passport now valid for 10 years

Ministry receives new batch of green passports – Passport now valid for 10 years

The Ministry of Home Affairs and Immigration announced this week that it received a batch of new passports following months of critical shortages.

The Deputy Minister of Home Affairs and Immigration, Maureen Hinda-Mbuende at a media brief in Windhoek said the validity of the new passports will be for a ten year period.

“This will lessen the demands for new passports. However, the validity of passports for applicants under 21 will remain five years because of changes in facial features at that age,” she said.

According to her, the ministry has put measures in place to ensure that running out of passports will be something of the past.

“During the last few months, we had to resort to contingency plans to keep emergency stocks. A total of 6,065 were printed, of which 2,064 ordinary passports and 4,001 brown passports,” she added.

The ministry intends to clear the pending applications within 4 to 6 weeks as additional resources have been deployed, she added.

“The system that we have put in place will ensure that the people who need passports to travel will get them on time. We envisage reverting to the initial turnaround time of 3 to 10 working days by mid-December,” she said.

Meanwhile, Hinda-Mbuende said demands for passports have been inflated by people who apply for passports without the intention of traveling.

During the period of shortage 160 passports remained uncollected, in addition to over 5,000 that expired on our shelves, without having been collected, she added.


 

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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.