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Namibian artists launch crime fighting network

Inspector-General of the Namibian police, Lieutenant-General Sebastian Ndeitunga (Photograph by Melba Chipepo).

Inspector-General of the Namibian police, Lieutenant-General Sebastian Ndeitunga (Photograph by Melba Chipepo).

Namibian Artists this week launched the Namibian Musicians Against Crime Network to help police officers in the country combat the escalating crime rate. The artists have also joined crime fighting networks such as the Mandume Ndemufawo Women and Men Network against crime, the Cultural group for Women and Men against crime, and the Khomas Region Voluntary Crime fighters. Singer and song writer Lady May said “We as artists cannot sit back and just wait on the police to fight crime. As artists we also have to do our part because crime is like a disease it might not end up having a cure if we sit back and do nothing about it.”
Namibian Artist of the year 2013 winner, Mushe and Most Disciplined artist of the year 2011 Uno Boy said they will help to spread the message against crime through their music which is targeted at the youth of Namibia who are the country’s future leaders.
Atousa Chairperson of the of the Brakwater Neighbourhood watch urged the artists to be part of a crime fighting network. “Musicians be part of your nation and help fight crime by joining a neighbourhood watch. We must not only fight crime in our music but also in our deeds so therefore we must emulate what our music says.”
Also speaking at the launch Inspector-General of the Namibian police, Lieutenant-General Sebastian Ndeitunga said Namibian artists need to think about what they can do as artists to combat the issue of crime in the country. He also urged the artists not be part of the problem but the solution. “We should emulate the message we are trying to put across in our music. We must work hard to get rid or these ‘viruses’  in the society. If we are lazy as a society we will not progress.” The musicians against crime network is a brainchild of warrant officer Christina Fonsech.

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Following reverse listing, public can now acquire shareholding in Paratus Namibia

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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.