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Free legal advice day conducted by the Law Society and the Office of the Ombudsman in Tsumeb this week

Free legal advice day conducted by the Law Society and the Office of the Ombudsman in Tsumeb this week

The Law Society of Namibia continued its community service this week when it conducted another Free Legal Advice Day in Tsumeb on Friday 25 October.

The society said its regular free legal advice days are part of its objectives to make legal services more accessible to the public, especially to those individuals for whom affordability is an important concern. From the profession’s side, these days offer legal practitioners the opportunity to support their communities by their participation, giving legal advice pro bono.

The free legal advice days are always arranged in partnership with the Office of the Ombudsman. The latter provides assistance with venues and advertising, especially when the days are conducted in the regions other than the Khomas region.

The previous free legal advice day was conducted in Windhoek on 19 September 2019 at the UN Plaza community hall in Katutura where some 81 members of the public consulted the attending legal practitioners.

The consultations took place after a series on presentations explaining Wills & Estates, presented by J Nghishitende from the Office of the Master of the High Court; Labour, presented by K Sihlahla from the Office of the Labour Commissioner; Mal-administration, presented by the Ombudsman Mr John Walters; Children’s Rights, presented by I Husselmann of the Office of the Ombudsman; and Domestic Violence and Divorce & Maintenance, presented by Anne-Doris Hans-Kaumbi of Ueitele & Hans Inc legal practitioners.

The Windhoek free legal advice day was opened by the chairperson of the Khomas Regional Council, Hon Rachel Jacob. Mr Etuna Josua, a councillor of the Law Society, delivered a brief address while the society’s Senior Legal Officer, Mr Hendrik Mauyoma, officially represented the society.


Caption: Opening the Windhoek free legal advice day is the Chairperson of the Khomas Regional Council, Hon Rachel Jacob (standing) with the Ombudsman, Mr John Walters on the right. On the left are Mr Hendrik Mauyoma of the Law Society and volunteer legal practitioners.


 

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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.