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Bright new Chevy Spark range

The Chevrolet Spark is refreshed for 2013 with the adoption of a number of exterior and interior styling revisions. The edgy, sporty profile remains but is complemented by a new contemporary frontal treatment including revised front fascia; rocker mouldings; a larger radiator grille, revised headlamp treatment, and side mirrors that incorporate turn signals.
On the flank, the 2013 Spark now features a decorative chrome strip along the belt line and latest design alloy wheels in either 14 inch or 15 inch sizes for the Spark ‘LT’. A new tail-light treatment is featured at the rear along with a decorative chrome strip on the tailgate lift handle. The rear bumper is restyled with a triangular chromed tailpipe incorporated. On the ‘LS’ and ‘LT’ models a large roof spoiler incorporating a high mount stop light is a standard fitment.
Body styling on the Spark LT is enhanced with the optional Sports Style Decal kit available in white, silver, and black. This consists of components for the hood, roof panel, lift gate and rear roof spoiler.
The interior of the Chevrolet Spark for 2013 is defined by new fabric materials and designs. Minor changes have been made to the positioning of controls in the centre stack for improved ergonomics and styling. Interior trim colour is matched to exterior colour choice with four variations of interior trim available. The Spark benefits from excellent and functional space utilisation within the vehicle, including front leg and head room that rank amongst the best in the segment.
The functional and efficient space utilisation within the Spark provides adequate and comfortable seating for five with 170 litres of luggage capacity available. The rear seat offers a 60/40 fold-down split to provide a versatile increase in available luggage space. Additional storage is provided in the form of a centre console with dual cup holders and storage bin for small items such as cell phones. Both front doors have storage pockets incorporating bottle holders. Seatback pockets on passenger front seat provide generous storage for rear seat passengers.
All Spark models are powered by a latest technology 4-cylinder, 16-valve, double-overhead camshaft engine. The bore and stroke are 69,7mm X 79mm for a capacity of 1206 cm3. The compression ratio is 9,8:1. Multi-point fuel injection is utilised for precise fuel metering with excellent fuel economy and low emissions. Maximum power is 60 kW @ 6400 r/min with peak torque of 108 Nm delivered at 4800 r/min. Drive is via a 5-speed manual transmission to the front wheels. This performance is matched to exceptional economy with average combined cycle fuel usage just 5,4 l/100km. CO2 emissions are just 129 g/km.
Service intervals for the new Spark are 12 months or 15 000 kilometres. A service plan is available as an on cost option at the time of purchase.

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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.