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Can you visualize a story in words?

MultiChoice Namibia is calling all professional and budding scriptwriters to be part of making Zambezi Magic channel 160 on DStv the true home of Southern African TV entertainment by submitting their best script for a feature film.Staying true to the channel’s pay-off line, “Sharing our stories” is launching its first movie project under Zambezi Magic Original Film Productions. They intend to work closely with local scriptwriters and producers to produce 12 films over the next 12 months. They are looking for outstanding feature film scripts that the channel can turn into Box Office successes and each film will be released on DStv’s movie rental service before being aired on Zambezi Magic at a later stage.
Addiel Dzinoreva, Head of Channel at Zambezi Magic said that they are looking for original and compelling stories that will resonate with audiences and that they want authentic local African stories that are driven by strong narratives and characters, the combination of which must be a reflection of diversity. “Over the past few months we have been engaging and consulting with various filmmakers and industry bodies and they have been urging us to invest in the industry by commissioning projects. This film project is a response to that,” he emphasised, “and the challenge for the filmmakers will be to make a high quality movie for US$25 000,” he added.
The Zambezi Magic team explained that the first step in the process is to find that great story which is the reason why they are looking for complete professional films scripts. The team said they are excited and look forward to reading wonderful stories and working with local producers to create powerful films that will allow Southern African storytellers to share their stories with the rest of Africa via the DSTV platform.

 

For more information, full brief details and terms and conditions, the complete guide can be downloaded at ZAMBEZI MAGIC COMMISSIONING BRIEF – ORIGINAL FILMS.

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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.