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African filmmaker to be commemorated at the Namibia Arts Association

African filmmaker to be commemorated at the Namibia Arts Association

Internationally renowned Egyptian filmmaker Youssef Chahine, will be commemorated on 25 January at the Namibia Arts Association, as part of the continent-wide initiative by the Luxor African Film Festival, Misr Films and Independence Avenue Films.

Independence Avenue Films will feature films by Youssef Chahine, which will include, ‘The Land’, a film considered a classic of socialist realism, ‘Chaos’, which was his last film, predicting the Arab Spring and the documentary film ‘Hamlet from Alexandria, a documentary about Chahine’s childhood.

Youssef Chahine is widely considered the pioneer of filmmaking in Egypt and the Middle East, with a distinctive brand of cinema and a truth-seeking lens. He has made musicals, comedies, adventure movies and melodramas before combining the traditions and temperament of Egyptian cinema with the latest achievements of contemporary European cinema with its neorealist style.

He quickly rose to star status and became the preferred director for large scale, historical, productions but his vision of the cinema was too personal and uncompromising for him to be instrumentalized for a long time.

After difficulties with the censors and a period of exile in Lebanon at the beginning of the 1970s, he founded his own production company, Misr International with which he was able to undertake increasingly political and daring projects.

Chahine was no stranger to controversy until the very end, and this was mostly felt in his altercation with censorship, critics and authorities. His contribution to the industry continues through the numerous directors and film technicians who have graduated from his school of film making.

For decades, he remained at the forefront of the industry due to his reliance on new faces and new blood that reinvigorated his artistry every time, leading up to his final work. At the 50th anniversary of the Cannes Film Festival he was awarded for his lifetime achievements.


 

About The Author

Mandisa Rasmeni

Mandisa Rasmeni has worked as reporter at the Economist for the past five years, first on the entertainment beat but now focussing more on community, social and health reporting. She is a born writer and is working on her degree in Journalism at the Namibia University of Science and Technology (NUST). She believes education is the greatest equalizer. She is the epitome of perseverance, having started as the newspaper's receptionist in 2013.

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.