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Gondwana collects road trip images

Namibia against the Rest of the World. These were the two categories in the Ultimate Road Trip photo competition run on the Facebook page of Gondwana Collection Namibia.
More than 700 pictures were entered and 33,342 fans voted for their favourite. In doing so they shared the competition with their various Facebook friends. Gondwana said according to estimates some 10 million people may have viewed the images. Hitradio Namibia’s Wilfried Hähner, one of the partners in the Ultimate Road Trip competition, was elated when the winning pictures were drawn. “Incredible, I never expected such an overwhelming success”, he said.  The winning pictures are a ‘gravel track’ to Spitzkoppe by Goretti Jansen and a road in Argentina against a panorama of the snow-covered Andes by Uys de Vos. Jansen said “we had an amazing trip with our family on Easter Sunday to Spitzkoppe, appreciating God’s wonderful creation of our Unique Namibia.” Of his winning image taken in Argentina, de Vos said “Mirador Fitzroy is one of the most spectacular peaks in the Andes Mountains in Argentina. Late the afternoon upon approaching the mountain range, we were very disappointed because it was quite dark and overcast. As we were driving away in the mid-morning, I looked in my rear view mirror… and there it was… the perfect scene for the perfect road trip.
The prize for each winner is business class return flights sponsored by Air Namibia, 14 days car hire sponsored by Caprivi Car Hire and Savanna Car Hire and 14 days accommodation at Gondwana Collection Namibia on a Bed & Breakfast basis.

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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.