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Future scientist

Oliver Diggle (middle) from St. Georges is the overall primary school winner in the Khomas Regional Science, Mathematics and Technology Fair. He was presented with his trophy by Debmarine CEO, Otto Shikongo and supported by his proud mother, Mrs Diggle.

Oliver Diggle (middle) from St. Georges is the overall primary school winner in the Khomas Regional Science, Mathematics and Technology Fair. He was presented with his trophy by Debmarine CEO, Otto Shikongo and supported by his proud mother, Mrs Diggle.

Oliver Diggle, a Grade 5 learner from St. Georges Diocesan School, submitted a science project that focuses on generating electricity from the ocean waves, for his entry in the Khomas Regional Science, Mathematics and Technology Fair. “Extracting energy from renewable sources like sea water is less damaging to our environment compared to traditional resources like fossil fuels” he said stating the reason for his scientific investigation. His project was voted overall winner for primary schools.
The Khomas Regional Science, Mathematics and Technology Fair took place earlier in July and was sponsored by Debmarine Namibia with N$30,000.
The overall winner in the secondary school division is Ella Alexander from the Windhoek International School.
Debmarine CEO, Otto Shikongo said his company appreciates the Ministry of Education’s efforts, for creating platforms such as the Science Fair that unlocks science potential in the young generation. “Debmarine Namibia is proud to be associated with young Namibian scientists in the making, and we take pride in giving our support where we can.  Supporting initiatives that promote an interest in science, mathematics and technology in young people, positively contributes to the realisation of Vision 2030” he said.
The Khomas winners will go on to participate in the National Science Fair, along with winning contestants from other regions. Winners received medals, certificates and cash prizes.  The overall winners from the primary and secondary schools received floating trophies.

About The Author

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.