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New Era Newspaper Monday November 27, 2017

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10 Inside BUSINESS

10 Inside BUSINESS Monday, November 27 2017 | NEW ERA Standard Bank home loans grow 34% y-o-y Well done… From left, Caroline Orange (Standard Bank Home Loans Sales Manager), Beverly von Luttichou (Yellow Square Properties – 2nd runner-up); Ricky Hameva (Ricky Hameva Properties - runner-up), Schantal Teichmann (Just Properties - winner); Mercia Geises (Standard Bank Head of Personal and Business Banking) and Randy Slabbert (Standard Bank’s Head of Home Loans). Photo: Contributed Background As a cross-cutting element, health impacts on and is impacted by other sectors. It is determined by policies of other sectors and thus needs inter-sectoral actions and deliberate policy and strategic positioning across government, society and other social actors. Health in All Policies (HiAP) is an approach that enables enhanced and systematic streamlining of health promoting actions in each sector towards improving the health outcomes of a country. It involves accentuation of existing positive impacts of sectoral policies and inter-sectoral actions on health while strengthening mitigation of negative impacts. It also promotes systematic and coordinated implementation, monitoring and evaluation of deliberate actions across sectors. Objective(s) of the Consultancy This consultancy seeks to draft a strategy for Health in All Policies to enable government to address the social and environmental determinants of health in all public policies with improved health outcomes at the population level. Key deliverable: A National Strategy on Health in All Policies NAMIBIA National Consultant to Develop a National Strategy on Health in All Policies Duration of the consultancy: The consultancy will be for 17 working days over an estimated one month period MPH with at least 3 years’ experience in public policy planning and/or health promotion and social determinants of health Knowledge and Skills: Submission: Submissions must be delivered in a sealed envelope no later than 17:00 on 27 November 2017, addressed to: WHO Namibia on Health in All Policy WINDHOEK Standard Home Loans Division achieved a 34 percent year-on-year growth in both the volume and value of new business generated. This is according to the bank’s Head of Home Loans, Randy Slabbert, who commended agents and developers at the Annual Estate Agents Awards saying this achievement would not have been possible without the support and commitment of estate agents. There was a 70 percent year-onyear increase in the cumulative sales agents nationally, whilst a similar trend was evident relating to the top on-year growth of 90 percent was achieved. Both the top performing estate agent of the year, and the estate agency of the year, generated business in access of N million. Slabbert stressed that Standard Bank highly values the relationship between itself and the estate agent fraternity, and hopes it reaches greater heights in years to come. The bank’s Head of Personal and Business Banking, Mercia Geises, also noted that while most sectors INVITATION FOR OPEN NATIONAL BIDDING NAMCOR hereby invites Bids from well experienced Contractors in Construction of Petroleum Infrastructure for the refurbishment of JBS and HFO Facilities in Walvis Bay. Only registered Namibians Companies are eligible to participate in this Bids. TENDER NUMBER: W/ONB/NC-05/2017 DESCRIPTION: REFURBISHMENT OF JBS FACILITIES PROJECT IN WALVIS BAY TENDER NUMBER: W/ONB/NC-06/2017 DESCRIPTION: REFURBISHMENT OF HFO FACILITIES PROJECT IN WALVIS BAY The information for the tenders listed above are defined in the bid documents which are obtainable at NAMCOR Petroleum House, 1 Aviation Road, Windhoek, Namibia. Kindly ensure to request for the correct tender document. BID DOCUMENTS AVAILABLE FROM: Monday, 06 November 2017 BID SUBMISSION DEADLINE: Friday, 01 December 2017 @ 12:00 PM BID DOCUMENT COST: NON COMPUSORY SITE INSPECTION: SUBMISSION ADDRESS: continue taking major blows owing to the current economic downturn, local estate agents and developers continue to hold their sector above water, aiding in the growth of the through Standard Bank. “It has been a pleasure working with all of you for this past year. We have had a great year and we are very pleased to be celebrating one of our most successful business units,” Geises said. She further praised them for being the “workhorses” of the sector, pointing out that they put on many hats such as that of a counsellor, advocate and negotiator (to name a few) just to ensure that they meet the unique needs of each client. “A good agent must have the tenacity to pursue every lead, and they should also have honesty and integrity … They should also be self-motivated entrepreneurs,” Geises said explaining the unique qualities possessed by the winners of the night. The winning agents were subdivided into various categories, while the overall winners were awarded with an all-expenses paid trip to Bali, Indonesia. The bank recently hosted a similar estate agents award ceremony in Swakopmund. N$ 1,500.00 per document (non-refundable) Friday, 10 November 2017 @ 10h00 AM Tender Box at Reception NAMCOR Head Office Petroleum House 1 Aviation Road, Windhoek, Namibia ENQUIRIES/CLARIFICATIONIS: Procurement Management Unit Email: Tel: 061 - 204 5000 / 204 5111 Tel: 061 - 204 5054

Monday, November 27 2017 | NEW ERA for SA back to investment grade - Chamber of Mines of SA rica said on Saturday. The decision by rating agency S&P Global to downgrade South Africa’s long-term Mines chief economist Henk Langenhoven said. budget policy statement and some reckless statements from certain parts of government on free debt servicing costs. This all builds on the irre- the political uncertainty ahead of the [African Na- The pervasive negative impact on the mining sector was of great concern and could not have come at a worse time. The sector had the potential to continue to recover on the back of improved commodity and any acceleration will further jeopardise the sector’s recovery. Higher long-term interest rates will There is a direct correlation between mining sector “The mining sector’s growth outlook is directly linked domestic economy. The credit downgrade due to the mismanagement of the economy and uncertainty regarding government polices has dramatically turned sentiment for the worse. The mismanagement of state- the size of th “There is no painless adjustment from the cur- the domestic economy. The ratings agencies and prospective investors will be watching the outcomes of the December conference closely. Without solid indications of policy reforms emanating from the conference and/or the years between the respite can be expected from ratings agencies. “No amount of ‘talking’ without credible rescue plans foreign and local currency debt ratings by one notch real nominal GDP growth that had led to further beyond the rating agency’s previous expectations. their view that South Africa’s credit metrics political distraction could abate following the African National Congress’s elective conference signing and implementing measures to improve South Africa’s long-term foreign and local currency downgrade. The ratings carried a negative outlook. Africa’s rating on review for a downgrade was prompted by a series of recent developments which problems were more pronounced than Moody’s had previously assumed. - Nampa/ANA Staff Reporter Windhoek Digital banking channels serve customers and banks by delivering convenient and faster services via a digital offering. It provides customers real-time access to bank accounts and and ATMs. banking customers continue to demand enhanced user experiences in order to ing services. “Bank Windhoek’s digital channels said Bank Windhoek’s Manager of Busi- Harrycio Landsberg. The bank has placed effective measures in place to ensure clients’ safety while using its digital channels. Landsberg added that this results in customers having a seamless user experience that puts the power of banking in the palm of their hands. “The need to carry money in wallets or Bank Windhoek’s wide range of digital Internet Banking (iBank) and Point-Of- and bank instantly. “Whether it is making a late-night fuel payments for yourself or for a family of digital product offerings that caters for “Bank Windhoek’s constantly evolving digital services are at the forefront MARKET OVERVIEW Inside BUSINESS Bank digitally this festive season Harrycio Landsberg Change Latest 3 months 0.00% 7.10% 6 months 0.00% 7.68% CGP CAPRICORN INVESTMENT GROUP L 1810 0.00% 9 months 0.00% 7.95% NBS NAMIBIA BREWERIES LTD 3753 0.00% 12 months -0.03% 8.28% BVN BIDVEST NAMIBIA LTD 785 0.00% Change Latest FNB FNB NAMIBIA HOLDINGS LTD 4670 0.00% GC18 (R204 : 7.76%) 0.01% 8.67% ORY ORYX PROPERTIES LTD 2060 0.00% GC21 (R208 : 8.35%) 0.02% 9.17% NAM NAMIBIAN ASSET MANAGEMENT LT 72 0.00% GC24 (R186 : 9.35%) 0.02% 10.57% NHL NICTUS NAMIBIA 189 0.00% GC27 (R186 : 9.35%) 0.02% 10.96% BMN BANNERMAN RESOURCES LTD 61 0.00% GC30 (R2030 : 9.83%) 0.01% 11.50% DYL DEEP YELLOW LTD 312 0.32% GC32 (R213 : 9.9%) 0.01% 11.61% SILP STIMULUS INVESTMENT LTD-PREF 12129 0.00% GC35 (R209 : 10.13%) 0.01% 11.56% FSY FORSYS METALS CORP 185 -5.61% GC37 (R2033 : 10.02%) 0.01% 12.02% TUC TRUSTCO GROUP HOLDINGS LTD 550 0.00% %Change Latest B2G B2GOLD CORP 3726 0.16% Gold -0.34% $ 1,287.09 Platinum -0.10% $ 934.46 Copper 0.00% $ 6,963.00 Brent Crude 0.49% $ 63.57 %Change Latest NSX (Delayed) 0.01% 1201.25 JSE All Share 0.32% 60,489.00 SP500 0.00% 2,597.08 FTSE 100 -0.16% 7,405.14 Hangseng 0.53% 29,866.32 DAX 0.26% 13,042.34 %Change Latest Financials -0.86% 15,936.25 Resources 0.81% 38,428.87 Industrials 0.55% 84,483.57 %Change Latest N$/US dollar 0.91% 14.0099 N$/Pound 0.90% 18.6490 N$/Euro 0.98% 16.6139 US dollar/ Euro 0.07% 1.1859 Latest Previous Namibia Inflation (Oct 17) 5.2 5.6 Bank Prime 10.50 10.50 BoN Repo Rate 6.75 6.75 11 of delivering the latest technology to ensure trusted security and compliance. Yet another reason to bank digitally this

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New Era Newspaper Vol 22 No 167