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Breweries continues to deliver top notch products – Scoops Large Enterprise Company, Product of the Year awards

Breweries continues to deliver top notch products – Scoops Large Enterprise Company, Product of the Year awards

Namibia Breweries Limited (NBL) recently bagged an accolade from the Namibian Standards Institution (Nsi), for top quality advancement, at the 2019 National Quality Awards.

NBL scooped the Large Enterprise Company of the Year: Joint First Place, and the Large Enterprise Product of the Year: First Place awards.

NBL Managing Director, Marco Wenk thanked the NSi for recognizing Breweries and its continuous efforts to stay on top of its game in quality supply, not only locally but also on the international front.

“Committed to brewing premium/ beer in accordance of the Purity Law of 1516, The Reinheitsgebot, is testimony to our commitment to being consistent, and keeping true to the quality NBL has become known for globally. We are proud to keep the name of Namibia high, on the lips of those that enjoy our world class products. Allow me to also thank the NBL project team for their inspiring attitudes, outstanding creativity and passionate innovation drive. Thank you also to each and every NBL employee for your commitment to delivering only top quality to our consumers,” he added.

According to the NSi Acting CEO, Michael Mbamba, the annual National Quality Awards ceremony is a platform aimed at recognizing those esteemed companies and individuals who excel in quality advancement in Namibia. This involves excellence in various aspects of quality improvement such as quality assurance, quality management and quality control.

“Winners of this competition would automatically represent Namibia at the next annual SADC Quality Awards Competition scheduled for Dar es Salaam, Tanzania in March 2020. I am confident that NBL will carry the Namibian flag high at the Annual SADC Quality Awards,” he added.

“Your participation at that level would avail a platform for marketing of all your products and services free of charge in the Annual SADC Business Magazine to the entire SADC Region and the world at large,” he concluded.


Caption: NSi GM: Standards Development and Coordination, Jekonia Haufiku; Marco Wenk (Managing Director of NBL), Michael Mbamba (Acting CEO of NSi) and Robin Rhode (NBL Senior Brand Manager).


 

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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.