Select Page

Is there a top taxi?

Taxi driver Kauluma Paulus said he is very excited about the Top Taxi project stating his intention to ensure that he wins one of the weekly prizes.

Taxi driver Kauluma Paulus said he is very excited about the Top Taxi project stating his intention to ensure that he wins one of the weekly prizes.

In an effort to change the complete disregard taxi drivers display for other road users, the City of Windhoek last week launched the Top Taxi project.
Supported by the media and by Standard Bank, the project aims to incentivise taxi drivers through SMS feedback from their daily customers.
The project was launched by the Mayor of Windhoek, Her Worship Agnes Kafula. The Top Taxi project runs until early December this year.
“Standard Bank Namibia is proud to be associated with the Top Taxi Project as a worthy cause in instilling road safety awareness amongst taxi drivers to reduce road accidents and ultimately save lives.

Taxi drivers have an important role to play in our community and that is why as a bank we saw the need to get involved,” said Standard Bank Namibia’s Head of Marketing Thaddius Maswahu. Standard Bank donated N$133,000 to cover all the weekly prizes over the nine month period.
Through the Top Taxi competition, passengers will be encouraged to nominate a responsible taxi driver of the week via SMS. The lucky Top Taxi Driver of the week gets a Standard Bank account with N$3000 prize money, a first aid kit worth N$500 from Namibia Medical Care and a shopping voucher from Shoprite. Other partners involved in this campaign are the Windhoek City Police, the Namibian newspaper and Radio Kosmos.

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.