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Nedbank Desert Classic, a new benchmark for quality golfing events – Matthews

Nedbank Desert Classic, a new benchmark for quality golfing events – Matthews

The Nedbank Desert Classic took place at the Rossmund Golf Course on the 28 and 29 December.

Nedbank Namibia’s new title sponsorship of a marquee golf event, ably supported by co-sponsor, Bachmus Oil & Fuel Supplies, meant that players were in for a real treat.

The first morning of play started brightly, as players were welcomed by Nedbank representatives, with each participant receiving a welcome gift, followed by a breakfast and fresh Slowtown coffee.

The first tee shot was officially struck by Nedbank Namibia’s Managing Director, Lionel Matthews. Managing Executive of Nedbank Africa Region, Dr Terence Sibiya, was also among the field of 140 players. For the first time in the Desert Classic history, players had the opportunity of winning a Mercedes Benz C180 AMG as a hole-in-one prize on the Par 3, 16th Hole during the final round. Such strokes of luck, however, were evading the players on the day, whereas the rest of the day’s play certainly delivered on the pre-event expectations of some exquisite shots and all-round vintage golf.

The 2019 Nedbank Desert Classic was won by Vincent van Biljon and Arne Rodenwoldt on an immaculate score of 93 points. In second position was local favourites, Gert Breedt and Andrew van Schalkwyk with the Walvis Bay due of Pieter Fox and Wouter van Wijk securing 3rd position.

“We have been treated to a true spectacle of golf, with both the play and the setting of immaculate quality,” said Matthews. “We have had high expectations of continuing with the legacy of the event, but the Nedbank Desert Classic has certainly placed a new benchmark for quality golfing events in our country.”

Matthews also thanked all players who entered as well as the supporting sponsors, Bachmus Oil & Fuel Supplies, Windhoek Lager and M + Z Motors.

“The Rossmund Golf Course was in its usual splendid state, and we remain appreciative for its minders for the privilege of playing on such a fine course,” he said.

Caption: (Fltr) Nedbank’s Managing Director, Lionel Matthews, with the Nedbank Desert Classic winners, Arne Rodenwoldt and Vincent van Biljon, event coordinator, Dan Zwiebel.


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


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.