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Newcomers shine in NAMA nominations

Newcomers shine in NAMA nominations

With the recent announcement of the Namibia Annual Music Award nominations (NAMAS), it seems as though the event is already in full swing as artists and fans alike wait in anticipation to see who carries the musical wallets away this year.
Earlier this week the Economist interviewed two of Namibia’s relatively new participants, Ann Singer and LMPC. Both artists have made significant strides and they have been nominated in important categories such as male and female artists of the year, best newcomers and Best RnB artists.
During the interview, the two artists’ vibrant personalities came to the fore.
They spoke elatedly about their nominations. Ann Singer commented “I haven’t really processed it yet, the idea that I’ve been nominated in so many categories has not sunk in. I’m really humbled.”
The young singer who is a part time Radiography student elaborated about her musical plans saying that she is currently focussing on her studies, but will be working on a new single soon.
Speaking about her award scooping album Bulletproof, Ann also known as Annastasia Linus, accredited her success to the sincerity of her music. “People respond to music that is real and has a message” she said.
Asked directly about her nominations, she laughed and modestly suggested that it may be because she has a good voice as she was voice coached by Berthodlt, one of Namibia’s seasoned RnB singers. She also has regular collaborations with Kwaito artists such as Mushe on songs like
Remember and tracks like Unconditional Love and Covered, both of which have become household favourites.
Next newcomer, the wish me luck album singer LMPC said to the Economist his first reaction was one of overwhelming love.
He was surprised by his nomination in the male artist of year category as he has only been in the musical industry for five months. LMPC delved into his musical philosophies and future plans and said he wishes to transition from rapping to RnB explaining that it is rather difficult to be an activist through his music. “Who am I to make music about things I do not fully understand?” he said.
The artist revealed that he is already working on his second album and has performances coming up which he still needs to finalise. LMPC released his 13 track debut album Wish me Luck on 28 November 2015 which has been well received by audiences.
The Namibia Annual Musical Awards are scheduled for 30 April 2016 at the Ramatex Building in Otjomuise Extension 1 in Windhoek.

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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.