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Indingo-Crawford to slug it out live on NBC

Indingo-Crawford to slug it out live on NBC

The long-awaited Julius Indongo and Terrance Crawford boxing fight will be broadcast live on the Namibia Broadcasting Corporation (nbc) on nbc1 at 02H00 on 20 August.

The national broadcaster announced the move this week and said that since the signing of the channel distribution agreement with Kwesé Free TV Limited, the NBC has been able to provide the nation with a host of live international sporting events on its DTT platform. Kwesé Free Sports on nbc6 is the latest addition in channels on the nbc DTT platform.

Local son of the soil, and Unified WBA Super, IBF and IBO Super Lightweight Champion of the World, Julius Indongo will trade leather with Terrance Crawford at the Pinnacle Bank Arena in Lincoln, Nebraska.

The winner of the Crawford-Indongo fight will then become the unified light welterweight champion and will hold all four (4) of the major titles in the weight class.

NBC Executive Producer: Sport, Sackie Shikufa reiterated: “As promised with the launch of Kwesé Free Sports on nbc6, the live free-to-air coverage of some of the best in global sports is now available to the Namibian public at large. Our mandate to educate, inform and entertain remains our number one priority; hence the nbc team worked hard to attain the rights to this boxing match.”

The NBC holds the bragging rights in being the only local television station to broadcast the match and clinched a sub-license agreement which will allow the broadcaster to simulcast the boxing match on nbc1. The most anticipated boxing match of the year will air on nbc1 at 02H00 on 20 August 2017.

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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.