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Wika starts with a slow roll

Wika president, Holger Mentzel and Heiner Dillmann, Wika chairman, received a sponsorship from Bank Windhoek on behalf of the popular German festival. Elzita Beukes did the honours on behalf of the bank.

Wika president, Holger Mentzel and Heiner Dillmann, Wika chairman, received a sponsorship from Bank Windhoek on behalf of the popular German festival. Elzita Beukes did the honours on behalf of the bank.

The very popular German carnival, Wika is building up steam as it moves into its second week of celebrations. It started last week with the Biwak moving this weekend to the Children’s Carnival, and then really picking up speed with next week’s Prinzenball, the Fancy Dress evening, the Buettenabend and the International Evenings later in April.
Bank Windhoek has for the 10th consecutive year, supported Wika with a N$33,000 sponsorship. Wika is Namibia’s oldest carnival and celebrates its 61st anniversary this year.  
The Wika motto “Es läuft alles wie geschmiert”, conveys the idea of a smooth-running, never-ending party.
Wika president, Holger Mentzel, said “Windhoek’s fools and jesters can expect fireworks of show acts and fun-filled programmes at this year’s carnival. The public can once again expect to be treated to a host of scintillating performances on and off the stage in 2013.”
One of the highlights of this year’s festival is the performances by two seasoned German artists, Marie Luise Nikuta and Andi Ost.
Hailing from Cologne, Nikuta, who has composed and sung many of the official annual theme songs of the carnival season in Germany’s carnival capital, will perform at the Royal Ball on 12 April. Andi Ost, well-known for his satirical performances on stage, is visiting Namibia for the first time. The comedian from Mainz will be on stage at various events throughout the Wika season.
Princess Steffie (Mohrmann) and Prince Eddie (Hälbich), the reigning Royal Couple, have to bid their campaign farewell at the Royal Ball on 12 April and pass on their crown and sceptre to the incumbent sovereigns of the capital’s jesters. “It’s been a wonderful year for the two of us. Naturally, handing over power will be a rather tearful affair, but if this is what the carnival’s tradition of democracy demands from us, we will of course adhere to it”, said Prince Eddie.
The Royal Ball is followed by the traditional float parade through the city centre on 13 April. The newly-crowned Royal Couple, whose identity is kept secret until the Royal Ball, will appear in public for the first time at the parade.
Following the parade, the public will gather at the SKW in Olympia for a traditional “Frühschoppen”.
The 61st Wika draws to a close with the traditional “Kehraus” on 27 April.
Entry tickets to the various Wika events can be booked online on www.windhoek-karneval.com. Direct ticket purchases can be done at Auas Valley Shopping Centre daily between 09:00 and 11:00.

About The Author

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.