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Building a profile for new artists

From the left are Draga Boskovic, Vice-Chair of the National Art Gallery Board of Trustees; Riaan van Rooyen of Bank Windhoek; Hercules Viljoen, Director of the Art Gallery; Elize van Huyssteen, Curator, and Luness Mpunwa, Senior Curator.

From the left are Draga Boskovic, Vice-Chair of the National Art Gallery Board of Trustees; Riaan van Rooyen of Bank Windhoek; Hercules Viljoen, Director of the Art Gallery; Elize van Huyssteen, Curator, and Luness Mpunwa, Senior Curator.

This week, Bank Windhoek together with social partner, the National Art Gallery, launched the Bank Windhoek Triennial 2014 to reward excellence in art.
The Triennial is a forum where Namibian artists can be part of an art exhibition that promotes excellence as an essential ingredient. The three-year time gap between successive Triennials, provides an opportunity for artists to learn from the previous experience and to use the interlude to apply new knowledge to prepare prizewinning work for the next event.   The opening and prize-giving ceremony of the next Bank Windhoek Triennial will be held on 5 September 2014 at the National Art Gallery. The date for submitting artworks is 11 July 2014 at the regional centres. “The NAGN is extremely proud to be associated with Bank Windhoek in this important partnership, which was established in 2008. The Bank Windhoek Triennial 2014 will be the 3rd successive event of its kind held at the gallery” said Hercules Viljoen, Director of the National Art Gallery. Art competitions are part and parcel of the competitive professional art world. Winning major awards have presented many artists with a platform to launch successful careers. It should be accepted that some artists, both professional and amateur, do not enjoy participating in “competitions”.  At the basis of this lies the perception that adjudication happens on a subjective or arbitrary level. “However, all participants are assured that the Bank Windhoek Triennial adjudication will be conducted according to established, transparent criteria. In order to provide a longer-lasting learning experience to participating artists and to the public, feedback sessions and discussions will be conducted during the exhibition to analyse and discuss the best work. Artists will also be entitled to request written feedback about rejected work” the organisers said. The Bank Windhoek Triennial is open to all artists with Namibian citizenship, domicile or permanent residence. An artist may submit a maximum of three artworks, not produced earlier than 2012.

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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.