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Rosh Pinah Oranjemund trunk road gets tar seal

The main road, DR118 between Rosh Pinah and Oranjemund will soon be upgraded to an all-weather tarred road. The Roads Authority in collaboration with the Ministry of Works and Transport held the official ground breaking ceremony for the upgrading to bitumen standard of Main Road 118 connecting the zink and the diamond mining towns, in the last week of November.
The existing district road linking Oranjemund to Rosh Pinah is a gravel road, constructed during the eighties to serve as the southern patrol perimeter for the then Diamond Area 1. Access was restricted and only allowed by Namdeb to approved officials, or on special application. It will now be upgraded to bitumen standard, and reclassified from district road to main road. The distance is approximately 95 kiometres.

The consulting engineer for this project is VKE Namibia and the contractor is Raubex. The Roads Authority is the government agency responsible for the overall supervision of the project.
Speaking at the ceremony, Kilus Nguvauva, Deputy Minister of Works and Transport said Namibia is steadily becoming the transit hub for neighbouring countries, hence the need to expand and rehabilitate roads to ensure a safe and reliable shipment of goods and transportation of people around southern Africa.
“A good road network has a significant socio-economic benefit that both enhances and stimulates economic growth. From a traffic viewpoint, the benefit of a well-maintained road network can be found in reduction of transportation costs and safety of road users.”
“Our ministry is very concerned about the increase of road crashes on our road network which has so far claimed many lives of our people, thus, to improve the status of road safety, our ministry will soon direct the Roads Authority to ensure that road safety audits become a standard requirement for the detailed design phases of each road construction and rehabilitation project.
We hope this initiative coupled with the effective implementation of the Namibian Chapter of Decade of Action for road safety as approved by Cabinet in 2011, will reverse the road traffic carnage on our road network,” he said.
The Prime Minister, Hon Dr. Hage Geingob said the government knows that transportation is one of the best investments that can be made to expand opportunity and prosperity to more and more Namibians.
He said although virtual connectivity and information technology have become increasingly important, a good and reliable transport network remains vital as there is a very strong correlation between a country’s economic development and the quality of its road network.
“Roads are an integral part of the transport system. A country’s road network should be efficient in order to maximize economic and social benefits.
 They play a significant role in achieving national development [goals] and contributing to the overall performance and social functioning of the community. It is acknowledged that roads enhance mobility, taking people out of isolation and therefore poverty,” said Geingob.
The Prime further added that it is for these reasons that the government has embarked on a regional trunk routes development programme which aims at promoting the development of the country through inter-regional trade.
“This project forms part of that programme.
Furthermore, the project will also support the development of the south-western region of the country which is characterized by strong tourism, fishing and mining sectors which are strategic sectors for Namibia as envisaged in the fourth National Development Plan.
 Therefore the paving of this road will help reduce transport costs and improve market accessibility in the tourism, fishing and mining sector,” he said.
The road starts approximately 3 kilometres south of Rosh Pinah, along Main Road 118, and runs 8 kilometres south along District Road 212 until the turn-off to Sendelingsdrift.
Currently, the 8 kilometres section to Sendlingsdrift has been surfaced with a low volume seal and will also be upgraded to bitumen standards.
The road continues in a south westerly direction for 2 kilometres before reaching an Access Control Gate.  The road then continues along the existing gravel road for 85 km, through rolling terrain reaching a second Access Control Gate which is the end point of the project route.

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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.