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Telecom Namibia employees receive 4% wage increment

Telecom Namibia employees receive 4% wage increment

Telecom Namibia (TN) employees received a 4% increment across the board following  successful negotiations and inking of a one year wage agreement between the firm and the Namibia Public Workers Union (NAPWU).

Acting Chief Executive Officer of Telecom Namibia, Armando Perny said the agreement reached between NAPWU and them is by far the most effective and fruitful, as it was concluded on mutual understanding, respect and trust.

“During the negotiations the parties considered the interest of the company as well as that of the employees and the fundamental issue is that everyone is affected by the current inflation and economic depression and we continuously strive to ensure that employees will be able to maintain their lifestyles and that of their families,” he added.

Perny highlighted that they will continue to operate in a transparent manner. “We are at the dawn of our new financial year and we have agreed on the 2020 annual operating plan that we need to deliver,” he added.

Samuel !Oe-Amseb, Branch Executive Committee (BEC) National Chairperson said TN has become a home away from home for all its employees. “The journey has not been easy and there are many contributing factors when negotiation for salary increments, but based on the reality at hand, we can conclude that both parties have entrusted each other to deliver on their promises in order to elevate TN to greater heights,” he explained.

Matheus Ndeshikey, Executive Personal Assistant to the General Secretary, NAPWU, further said both parties have settled and committed us to regulate industrial relations and dynamics sustaining equitable relationships between themselves.

He urged all members of staff to join forces in achieving the organisational deliverables and to successfully execute key operational plants, which will ensure that Telecom maintains its market shares in the industry.

Caption: (l-r), Holger Sircoulomb, Chief Human Resources Officer at Telecom Namibia, Matheus Ndeshikey, Executive Personal Assistant to the General Secretary at NAPWU, Armando Perny, Acting Chief Executive Officer at Telecom Namibia and Samuel !Oe-Amseb, Branch Executive Committee (BEC) National Chairperson.


About The Author

Mandisa Rasmeni

Mandisa Rasmeni has worked as reporter at the Economist for the past five years, first on the entertainment beat but now focussing more on community, social and health reporting. She is a born writer and is working on her degree in Journalism at the Namibia University of Science and Technology (NUST). She believes education is the greatest equalizer. She is the epitome of perseverance, having started as the newspaper's receptionist in 2013.

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.