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Wildlife Resorts #letsgoto challenge receives overwhelming response from public

Wildlife Resorts #letsgoto challenge receives overwhelming response from public

By Natasha Jacha

The Namibia Wildlife Resorts (NWR) #letsgotoNWR challenge with the Matongo Family received an overwhelming response from the public with a combined 14,782 views by close of competition last week Friday.

According toWildlife Resort Corporate Communications and Online Media Manager, Mufaro Nesongano, this initiative was launched at the beginning of September, and it encouraged the public to create a new dance to the Matongo Family’s new single titled ‘Let’s Go’ featuring Maszanga.

The challenge created such a buzz on social media which encouraged the announcement of two voucher winners instead of the initial one voucher that Namibia Wildlife Resorts (NWR) had provided.

Matongo Family expressed their gratitude towards the public for responding positively towards their combined initiative with NWR.

The group also indicated that with their 20th Anniversary around the corner, on 23 November the group will launch their new initiative which will uplift the community in the coming weeks

The winners for the prize were, Grace Keramen, a Namibian based in Canada that came in at the last minute and generated over 3000 views in just one day, while the second winner was Dj Max-T Tjiundje from NBC Omurari FM who had 699 views. Dj Max-T opted to give his voucher away to one of his listeners as a way of thanking them for their support towards him.

“NWR decided to team up with the Matongo Family because of our belief in brands that have stood the test of time. Just like them, we recently celebrated our 20th anniversary in the tourism industry. We, therefore, thought it was befitting to support them with this innovative initiative of theirs. As NWR, we look forward to hosting the winners,” said Nesongano.


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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.