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Urban Regional council by-elections slated for next week

Urban Regional council by-elections slated for next week

Regional council by-elections for Gobabis, Keetmanshoop Urban, Khomasdal and Walvis Bay Urban constituencies are set to take place on 15 January and the Electoral Commission of Namibia is urging registered voters to make their way to the polls.

The by-elections for the four constituencies were necessitated by the resignation of the sitting councilors, Margareth Mensah-Williams of Khomasdal, Hilma Nicanor of Keetamanshoop Urban, Hafeni Ndemula of Walvis Bay Urban and Phillipus Katamelo of Gobabis on 18 October 2019, in order for them to qualify to be nominated as candidates on a list of candidates for the members of the National Assembly.

The supplementary registration of voters for the four constituencies was conducted from 1 to 2 November 2019, with 13457 voters registered in Gobabis, 11534 in Keetmanshoop Urban, 25550 in Khomasdal and 23169 voters registered in Walvis Bay Urban.

According to the Commission’s Chief Electoral Officer Theo Mujoro, they have 53 polling teams inclusive for all the four by elections, and a total number of 73 polling stations combined and 260 polling officials.

The training of polling officials, political party agents and representatives of independent candidates will take place simultaneously in all four Constituencies from 9 to 12 January.

“The Commission would thus like to encourage all eligible voters to go and cast their votes next week during the by elections in their respective constituencies. The Commission would like to assure the electorate of our commitment to the delivery of free, fair, transparent and credible elections in the forthcoming by elections,” Mujoro said.


 

About The Author

Donald Matthys

Donald Matthys has been part of the media fraternity since 2015. He has been working at the Namibia Economist for the past three years mainly covering business, tourism and agriculture. Donald occasionally refers to himself as a theatre maker and has staged two theatre plays so far. Follow him on twitter at @zuleitmatthys

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.