Select Page

Namibia welcomes last housemate home

An emotional Permithias singing one of his song to his mother at a press conference held for him on 12 November by MulitiChoice Namibia. (Photograph by Mandisa Rasmeni)

An emotional Permithias singing one of his song to his mother at a press conference held for him on 12 November by MulitiChoice Namibia. (Photograph by Mandisa Rasmeni)

The last Namibian housemate in Big Brother Africa, Permithias Nelioth Owaseb was evicted from the Big Brother Hotshots house on 9 November.
MultiChoice held a press conference for him this week where he answered questions from the media.
Permithias came into the room with such a lot of energy and excitement, it caught the usual blasé’ media crowd offguard.
His excitement was contagious and the reporters could not wait to hear about his experience in the house and his future plans.
“I can not wait to start with my album. I actually want to start now and I already have about 12 tracks ready,” he said enthusiastically.
 He also emphasised that the Big Brother House phenomenon is very complex and that sometimes he felt he did not belong there but eventually he realised he is meant to be in the house to achieve bigger and better things with his life.

“I come from a poor background and I will make it in the music industry, not only locally but internationally and with my success I will help my community, because I know how it feels to grow up poor” he said.
He added that while he was in the house he realised that anyone can make it no matter where you come from. Premithias’ mother also graced the press conference with her presents and he thanked her for everything she has done for him, saying that she is the rock in his life.  Then he treated the eager audience with a song dedicated to his mother. The way he performed this song clearly demonstrated and proved that he really has talent and that there are bigger and better things to come from him.

About The Author

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.