Select Page

National 3×3 basketball squad gets exposure at Qatar beach games

National 3×3 basketball squad gets exposure at Qatar beach games

The 3×3 national basketball team recently competed in Doha, Qatar at the Qatar 2019 World Beach Games earlier this week, were they emerged 14th out of 16 countries, putting the country above Togo in 15th and Uganda in 16th position.

The team of four male representatives travelled to Doha to partake in Under 23 3×3 men’s division.

Game one was played on Monday, 14 October. Taking on Ukraine in their first fight for a win, the boys fell short six points in a game that ended 20:14 for Ukraine.

On the same day the team took on Mongolia at another attempt to come out victorious but again the score ended in the other teams favor with Mongolia winning 21:12.

Their final match up was on the Tuesday, 15 October 2019. Jordan was the team’s final competition and this game ended 21:15 for team Jordan.

The finals were played on Wednesday with the fight for bronze won by Mongolia who beat Ukraine 20:16.

The gold medal was taken by the Russian Federation who won 21:19 in a nail biting final against Brazil.

“I am proud of my team and for how far we have come. This is only the beginning of the country’s journey towards becoming a household name in the 3×3 world. We have seen what the other teams have to offer and now we know what to work on and improve not only as a team but as a nation,” Team captain, Mantius Amukoshi said.

With their 10-day stay at the Ezdan hotel ending, the team and delegation of seven will return on Friday, 18 October and will be expected to be on home soil on the Saturday.

Namibia is non-Olympic country but with more competitions and opportunities such as these, rankings can be boosted enough to grant them open doors, a statement read.

Meanwhile, the Namibian Basketball Federation with the support of the Namibia National Olympic Committee aim to compete at the Olympic games come 2024.


 

About The Author

Sport Contributor

The Economist does not have a dedicated sport reporter. This designation is used for several contributors who want their sport stories in the Economist. Experience has taught us that companies usually want their sport sponsorships published prominently, being the reason for a sports category. It now also carries general sport items but only those with direct Namibian relevance. - Ed.

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.