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Axali Doeseb to receive lifetime achievement award at the NAMAs

Axali Doeseb Namibia’s first post-Independence black conductor of the Namibian National Symphony Orchestra and author of the Namibian National Anthem will be this year’s recipient of the NAMA Lifetime-Achievement Award.
Tim Ekanjo, NAMA Executive Committee Chair, has described Doeseb as a musical beacon and guiding light of Namibian music, pointing out that he has had a flourishing career with deep roots in contemporary, modern, traditional and fusion music, with his artistic mark and influence being evident in almost all music genres in the country. Ekanjo also stated that after so many years of Independence, many young Namibians still do not know who composed Namibia’s national anthem, and therefore this is to recognise Doeseb for his musically inspired contribution, especially for the anthem unifying all Namibians. Axali Doeseb was born in Okahandja and came into contact with music when he took up piano lessons for the first time at his Alma Mater: the Martin Luther High School in Okambahe. He represented Namibia and chaired the committee that was tasked with the composing of the AU Anthem in Addis Ababa, Ethiopia.

As a sought-after composer, Doeseb has helped compose various school anthems around the country and produced tracks for some of Namibia’s greatest artists, such as Ras Sheehama, the late Jackson Kaujeua, Eric Mundjua, Sharon Van Rooi and Pieter Josef !Auxab. Doeseb is also the co-founder of the Ugly Creatures music band, a live pre-Independence pop, soul and gospel Namibian group. Ekanjo reiterated that it is only fitting that this year’s recipient for the Lifetime-Achievement Award should be Doeseb, because he left an indelible mark in contemporary Namibian music, and to this day he continues to play a big role in nurturing, advising and composing musical scores for the Namibian society.

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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.