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SALT introduces SAP Business 1

After 16 years in operation, ICT solutions provider SALT Essential Information Technology found itself with a legacy system that inhibited daily operations and limited the opportunities for obtaining future growth. The company tackled this issue and aimed to ensure efficiency of service delivery to its over 100 clients that includes Old Mutual, the Ministry of Defence and various local universities through the integration of SAP Africa’s Business One solution.
“As a player in Namibia’s ICT environment it is crucial that our own in-house systems and IT infrastructure enable internal efficiencies, in turn driving customer delivery and satisfaction,” said Claudia Jaeger, SALT’s Head of Finance, HR and Administration.
Consequently, one of SALT’s key business goals was to constantly focus on customer service and to achieve this, the company needed a scalable, holistic and integrated system. This system needed to have access to real-time information for improved customer efficiencies, the ability to meet current business demands and cope with future growth.

SALT elected four most as its implementation partner and vendor for SAP Business One, with the go-live phase of the project being scheduled for early October. “SAP Business One will provide SALT with a completely integrated business system. The CRM module functionality will provide up to the minute accurate customer information, enabling the company to meet its goal of improved client service management,” said Desmond Nair, head of ecosystem and channels at SAP Africa. Jaeger added, “The most powerful benefit for SALT is the seamless and automated reporting SAP Business One allows. The implementing of SAP Business One will provide us with the advantage of knowing at all times where we stand as a business and this is invaluable to us, as it allows for the effective management of daily operational efficiencies that no business can afford to be without.”

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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.