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Half a dune moved for beach volleyball in deep, hot, red Kalahari sand

Half a dune moved for beach volleyball in deep, hot, red Kalahari sand

Beach volleyball in the red sand of the Kalahari puts a new spin on the colour of the beach, but later this month Namibia’s top volleyball athletes will get the opportunity to experience, first-foot, the rigours of playing in deep hot sand.

The Timeout Beach Volleyball Academy announced earlier this week it will host its fifth round of games in the Timeout Beach Series 2018 at Tivoli Southern Sky Guest Farm from 22 to 23 September.

The categories comprise 2-a-side Men’s, Ladies, Youth and Social.

This event will see the top Namibian beach volleyball athletes taking part, including some of the winners of the Timeout Series from the July round. Early favourites are Andriko Boehringer, Maike van Doorn, Lara Luesse and social champs, Martin Schurz and Flo Allers.

“It took the Schreiber family, Reinhold, Kirsten, Dennis and Damian, three months to prepare for this event, with many tonnes of sand being transported from the nearby Kalahari dune,” said Tournament Director, James Verrinder.

“This location was specially picked to complement the beach volleyball image: sun, sand & the great outdoors, which make this tournament one of the most unique beach volleyball tournaments in the world” Verrinder added.

The dates for the remaining rounds in the Timeout Beach Series 2018 are: the Fabupharm Swakop Masters on 3 and 4 November at Mole Beach, and the Bank Windhoek Volleyball at the Beach Bash on 22 December at Langstrand.

The deadline for entries for next weekend’s games is on 20 September.


 

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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.