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Local aviation sector still hampered by skills shortage, aging infrastructure among other challenges – Hangala

Local aviation sector still hampered by skills shortage, aging infrastructure among other challenges – Hangala

The shortage of skills in the local aviation sector as well as other challenges, still remain a concern, an official highlighted.

Namibia requires significant investment in capacity development to ensure that it continues managing safe and secure airports in line with the applicable standards and regulations, said Chairman of the Board of Directors of Namibia Airports Company (NAC), Dr. Leake Hangala at a press conference held this week.

According to Hangala the aging infrastructure coupled with resources constraints impact the timeous execution of plans geared towards fulfilling our mandate.

“The payment of dues to the NAC by Lessees and Contracting parties remains a challenge and the organisation is working tirelessly in close collaboration with our stakeholders to reduce the outstanding debts and to improve the financial position of the company,” he added.

Hangala said the gloomy economic climate also contributes to the effectiveness of execution of the NAC’s ability to deliver on its mandate.

“This is manifesting in the inability to attract more business opportunities as possible business partners also face economic difficulties,” he added.

Meanwhile, Hangala at the event also had the opportunity to present the performance, achievements and the road map on the state of affairs at NAC.

He said the road map going forward, the organisation has prioritized the development of a five-year strategic plan as part of its deliverables.

“The process to formulate and develop the Integrated Strategic Business Plan is currently being done in- house. It is envisaged to have a strategic plan in place by the next financial year, on 1 April,” he concluded.


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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.