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Shot on Location – local film companies show the world why Namibia is so popular as a filmmaker’s destination

Shot on Location – local film companies show the world why Namibia is so popular as a filmmaker’s destination

Local film production companies Namib Film and Magic Touch Films boosted Namibia’s visibility as a top location when they attended the 2016 Focus International Location Production event held in London in December 2016.

Under the guidance of their CEO, Guy Nockels, the two companies represented Namibia at the most prestigious production location event in the world as part of their mission to build the country’s reputation as a premier location destination.

This event is where international filmmakers meet the representatives of production companies from all over the world. It takes a very unique blend of scenery and ability to stand out in the noise.

With an excellent service offering and past projects including Mad Max, Flight of the Phoenix (Namib Film), the Namibian filming of ITV’s Marooned with Ed Stafford and reality TV show Naked and Afraid (Magic Touch Films), Nockels met top international filmmakers at their stand.

Nockels who is the Executive Producer and CEO of Imwe Namibia Holdings, the holding company of the two Namibian production companies, as well as Equipment List Rentals and Desert Ace Charters and Tours, said that attending Focus 2016 was an ideal opportunity not to be missed.

“It gave us a chance to personally meet with various international filmmakers, television producers and directors, and to reconnect with some who have worked with us in the past. We could also showcase our experience and professionalism, while turning the spotlight on Namibia,” he said.

He believes that they helped bridge the gap between Namibia and international filmmakers, saying that Namibia is rich in production experience and infrastructure, and if combined with local knowledge, can cater for productions of any magnitude.

In his view, large Hoolywood productions, like the Mummy recently filmed in Namibia, helps to put Namibia on the map, but it is still up to local companies to “show the world of movie making that we aren’t just a pretty desert location and can provide film, commercial, stills and television productions the whole package, from spectacular locations to professional and experienced production services and support.”

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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.