Capricorn Holdings, which owns lender Bank Windhoek, has acquired a 30 percent stake in telecommunication and technology company, Nimbus Infrastructure Limited.

Nimbus’ rights offer raises N$103m

Nimbus Infrastructure Limited announced Wednesday that it had raised N$103.4 million through a recent rights offer.

Nimbus ups Paratus stake

Paratus Telecommunications will soon become a subsidiary of Namibia Stock Exchange (NSX) listed infrastructure fund, Nimbus, under an arrangement recently announced by the company.

Red flags raised over Nimbus listing

Conflict of interest allegations have been raised against the Namibian Stock Exchange (NSX) Chief Executive Officer, Tiaan Bazuin, after it emerged that he is a director of Paratus Group, a company which is significantly invested in newly-listed company, Nimbus Infrastructure Limited.

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