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NOVA to close off Acoustic Friday sessions at the FNCC

NOVA to close off Acoustic Friday sessions at the FNCC

The three-time Namibian Annual Music Award winning duo, NOVA (formerly Stardust) will grace the Acoustic Friday stage with a night of soul and to celebrate their original reggae roots on 24 November at the Franco Namibian Cultural Centre.

The show will kick off at 20h00 and the entrance is N$70 in advance and N$100 at the door.

The local soul, neo- soul, R n B, reggae and pop duo recently announced that they are re-branding themselves as NOVA, and are under the management of Distinctive Art Media House.

“We felt that it was time to shed our old skin, that we have outgrown the name Stardust. As people we are ever-changing and we don’t believe in holding onto something that no longer resonates with us just because it is familiar. We had to go through this trans-formative process to grow as artists individually and collectively,” the duo said.

NOVA said that for the Acoustic Friday evening, the attendees can expect an array of various sounds from their new album.

“It is going to be quite different from our debut album because this time we are hands on in the creative process and also we are co-producing quite a number of the tracks, Nova is more creatively expressive than the material we have previously released to the public,” NOVA added.

“We both feel that being in existence is what inspired this project. We are living in critical times and during the year we took off, we tried to experience and learn as much as we could to have content and to be relateable. Being 21 year old women learning about their bodies, minds, souls, those around us and the things that are happening around us- all this has been inspiration enough to produce material we are very excited to share,” the duo added.

Distinctive Art is an artist management and an arts events management house that aims to provide quality entertainment and growth platforms for Namibian Arts.


 

 

About The Author

Donald Matthys

Donald Matthys has been part of the media fraternity since 2015. He has been working at the Namibia Economist for the past three years mainly covering business, tourism and agriculture. Donald occasionally refers to himself as a theatre maker and has staged two theatre plays so far. Follow him on twitter at @zuleitmatthys

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.