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A fine range of whiskies for sophisticated palates lined up for connoisseurs at upcoming annual festival

A fine range of whiskies for sophisticated palates lined up for connoisseurs at upcoming annual festival

The FNB Whisky Festival will take place on 27 July in Windhoek at the Country Club, and according to the organisers the event this year was elevated to another level with the introduction of a cigar lounge, deluxe coffee shop as well as a whisky shop.

FNB Head of Retail, Nangula Kauluma at the launch last week said they will work with some of the best whisky makers in the world to bring the festival to life again this year.

Kauluma said this year’s brand ambassadors will be from different companies such as Jura, Dalmore, Shackelton, Johnny Walker, Douglas lain Co, Paul John Single malts, Suntory Beam, Pocket Scotch, IIse of Rassay, Glen Grant and Chivas Regal.

“However, for those who are not whisky drinkers, we have something for you too – craft beer, Gin stands, as well as MCC’s such as Noble Hill Blanc de Blanc, Christine Marie, Hoopenburg Blce de Noir Sparkling and Interger,” she added

Kauluma said FNB has also invited South African-based whisky master, Tommy Larkan, to share his knowledge on the subject and demystify the exclusivity of whisky consumption.

The festival which was established in 2017 is a platform to educate the public about whisky through expert exhibitors and brand ambassadors, opening up the category to whisky consumers of all levels.

Meanwhile, this year the organisers have also introduced the Apple Store to the festival’s experience and lifestyle concept, making whisky more accessible.


Caption: South African-based whisky master, Tommy Larkan wearing the kilt with some of the invited guests at the launch of the festival.


 

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Musa Carter

Musa Carter is a long-standing freelance contributor to the editorial team and also an active reporter. He gathers and verifies factual information regarding stories through interviews, observation and research. For the digital Economist, he promotes targeted content through various social networking sites such as the Economist facebook page (/Nameconomist/) and Twitter.

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.