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Law students and law firms awarded for academic excellence, human rights and social responsibility

Law students and law firms awarded for academic excellence, human rights and social responsibility

Dieter Maree of Maree & Associates legal practitioners is the recipient of this year’s Legal Excellence award for Human Rights while the Social Responsibility award went to the firm Lorentz Angula Inc. ENS Africa. This award was received by Andreas Potgieter and Kenedy Haraseb on behalf of their firm.

Among the law students, Rebekka Haimbili received the award for best LLB student in 2018 with an average of 69.8%. The best student at the Justice Training Centre at the University of Namibia was Leon Lochner with an average of 71.9%.

The Legal Excellence awards are conferred every year by the JPK Trust in honour of the legacy of Justice Fonnie Karuaihe, in life a judge of the High Court of Namibia. All awards were presented by a trustee, Ngamane Karuaihe-Upi.

The Law Society of Namibia received an award for its meritorious support of the work of the JPK Trust. This award was received by the Vice Chairman of the Law Society Council, Dr Meyer van den Berg. He thanked the JPK Trust for joining hands with the Law Society to honour the lawyers and students’ achievements. He congratulated the JPK Trust with its 20th anniversary and wished it much success with its future endeavours. The trust was registered twenty years ago and the awards have been running for thirteen years.

The Legal Excellence awards are conferred every year at a ceremony just prior to the Annual General Meeting of the Law Society.


Caption: JPK Trust Legal Excellence Awards. From the left, Retha Steinmann (Law Society Director), Appolos Shimakeleni (Law Society Councillor), Dieter Maree (Legal Excellence award for Human Rights), Vanessa Boesak (Law Society Councillor and lawyer at Lorentz Angula Inc. ENS Africa), Andreas Potgieter and Kennedy Haraseb (recipients of the Legal Excellence award for Social Responsibility on behalf of Lorentz Angula Inc. ENS Africa), Dr Meyer van den Berg (Law Society Vice Chairperson), Stacey Bock (Law Society Chairperson), Rebekka Haimbili (Best LLB student), Ngamane Karuaihe-Upi (Director of the JPK Trust), Leon Lochner (Best JTC Student), Umbi Karuaihe-Upi (JPK Trustee), and Eldorette Harmse and Gilroy Kasper (Law Society Councillors).


 

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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.