Select Page

Stars need outside the box sponsors

Azeal Cheez Matsoarelle

Azeal Cheez Matsoarelle

Azeal Cheeze Matsoarelle is a radio presenter, promoter and events organiser who believes that Namibia is able to accommodate international artist like Rick Ross or Nicki Minaj but trying to sell the idea to local investors and possible sponsors is difficult because the people who sign the cheques would rather sign one for Theuns Jordaan since it is safer to do so.
Cheeze said the biggest hurdles he faces as an organiser are sponsorships and to break the colour/race barrier because certain companies and venues clique together for their own events.
He claimed that some companies or organisations with massive entertainment budgets only appoint their friends for exclusive once-off events. “I am sure if their parent companies in Europe, Asia or South Africa knew this was the case, heads would be rolling.” said Cheeze.
“But the best part of my job is when people still talk about the event I organised a week afterwards, and so far so good, because in the last seven years I can only count two events that I would say were not up to scratch but these are learning curves one has to take in to consideration,” he said.
Cheeze pointed out that sometimes artist do not pitch up for events because they miss their flights which usually happens when artists change manager or labels.
He said that it has also happened that one member in a group is afraid to fly and then the group leaves him behind.

About The Author

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.