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New Era Newspaper Monday November 6, 2017

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10 Inside BUSINESS

10 Inside BUSINESS Monday, November 6 2017 | NEW ERA Staff Reporter Windhoek The Development Bank of Namibia (DBN) is at an advanced stage in preparing for additional applications for the suspension of SME Bank operations. T h i s i s a c c o r d i n g t o Vacancy Internal Auditor: Information Systems Department: Internal Audit Duty Station: Windhoek Reports to: Senior: Internal Audit The Purpose of the Job: To conduct risk based information systems audits, assess new information systems, upgrades and their impact and report back to aid management decision-making. Key Performance Areas: • Conduct risk-based audits as per internal audit annual plan and provide comprehensive reports of the various functions audited; • Assist in other audit activities that may arise within GIPF or that are required within the audit function; • Assist in conducting forensic investigations that may arise; • Conduct risk-based information systems audits; • Assist in developing information systems audit methodology and procedures; • Conduct assessments on new IS systems and upgrades; • Assess specifi c information systems and associate business procedures; • Provide consulting services; • Provide risk-based internal audit services as per annual audit plan; • Provide audit assistance for risk management services; • Provide audit assistance to forensic and fi nancial audits; • Maintain audit effi ciencies and services levels; • Provide audit report feedback to various stakeholders via the head of department. Job-related Qualifications and Experience • A Bachelor’s Degree in Business Computing, or Information Systems or relevant IT related fi eld; senior manager of corporate preparations include recruitment of some former SME Bank opening of a dedicated SME headquarters in Windhoek. In addition to processing applications from SMEs received all DBN branches are also • A CISA qualifi cation would be benefi cial; • At least 3 years’ experience in an Information Systems environment with at least 1 year within an information system audit environment; • Information Systems risk identifi cation skills; • Registered member with the IIA and/or ISACA; • Driving licence. The incumbent should have the following knowledge, skills and abilities: Knowledge of: Audit reporting, fi nancial analysis, corporate governance, fi nancial regulations and operational control measures, standards and guidelines, fraud and what constitutes fraud, risk assessments, IIAPPF, GAAP and IFRS, information systems audit, information systems functionalities and procedures, audit software, MS Offi ce, CAAT’s (e.g. ACL), GIPF investment policies and procedures. Skills and Abilities: Advising, audit administration, budgeting, confl ict resolution, evaluation, feedback, interpersonal, listening, presentation, report writing and computer literacy, decision-making and fi nancial skills. Personal Attributes: Approachable, diplomatic, assertive, persuasive, motivating, trustworthy, reliable, confi dential, ethical, honest, goal directed, patient, diligent, emotionally mature, supportive team player, and independent worker. GIPF is an equal opportunity employer and complies with the Affirmative Action Legislation. Persons from previously disadvantaged groups meeting the above mentioned requirements are encouraged to apply. GIPF offers a competitive, Total Remuneration Package with a standard range of benefits in line with responsibilities, qualifications and experience. Interested applicants meeting the requirements are encouraged to submit their written applications, detailed CVs, and certified copies of their educational qualifications to: By hand: Post: Physical Address: GM: HR & Administration P.O Box 23500 GIPF House, Cnr. Human Resources Department GIPF Dr. Kenneth David 3rd Floor Windhoek Kaunda and Goethe Street. Closing Date: 07 November 2017 Note: Only shortlisted candidates will be contacted and NO documents will be returned. Visit geared to serve SMEs. Mutumba advises prospective applicants to requirements. Asked about the requirements explained that the application to demonstrate the financial GIPF is a fund that provides pension benefits for civil servants and employees of member institutions. Our vision is to be the leading pension fund and a model corporate citizen in Namibia. The mission is to safeguard and grow the Fund for the benefit of its stakeholders and Namibia. / or an indication of collateral of enterprise. proof that the enterprise holds no an environmental and social risk management plan should be in place to mitigate the risks. Once complete applications are are subjected to a due diligence positive development impact a contribution to the national and innovation. Staff Reporter Windhoek is under significant pressure and macroeconomic pressures housing market as annual price in June. This is according to Josephat the latest FNB Housing Index notes a substantial decline from the housing market annual price “This is even more evident been in the red for the past seven months on the back of faltering under this backdrop that it is seeking opportunities to finance enterprises in the has also signalled its intent to that address the shortage of Talking about products offered Bank expects demand for asset performance guarantees. He added that DBN tailors Mutumba concluded that focused on larger enterprise contribution that SMEs make to Jerome Mutumba Housing demand faltering more challenging against backdrop. This is evident in the June trading volumes came in according to our Q3 Estate Agent market volumes are contracting Similar structural economic and given the current economic expected trade volumes to remain depressed for the remainder of Nambashu advised.

Monday, November 6 2017 | NEW ERA Inside BUSINESS 11 September Passenger Demand Shows Hurricane Hit, Slowing Growth GENEVA The International Air Transport Association (IATA) announced global INTERNATIONAL PASSENGER MARKETS DOMESTIC PASSENGER MARKETS Strauss Lunyangwe Windhoek cargo professionals to develop and and specialises in facilitating training that helps institutions and MARKET OVERVIEW Change Latest 3 months 0.00% 7.05% 6 months 0.00% 7.58% CGP CAPRICORN INVESTMENT GROUP L 1812 0.06% 9 months 0.00% 7.83% NBS NAMIBIA BREWERIES LTD 3750 0.00% 12 months 0.03% 8.15% BVN BIDVEST NAMIBIA LTD 785 0.00% Change Latest FNB FNB NAMIBIA HOLDINGS LTD 4672 0.00% GC18 (R204 : 7.49%) 0.12% 8.40% ORY ORYX PROPERTIES LTD 2064 0.00% GC21 (R208 : 8.16%) 0.15% 8.98% NAM NAMIBIAN ASSET MANAGEMENT LT 72 0.00% GC24 (R186 : 9.19%) 0.14% 10.41% NHL NICTUS NAMIBIA 189 0.00% GC27 (R186 : 9.19%) 0.14% 10.80% BMN BANNERMAN RESOURCES LTD 42 16.67% GC30 (R2030 : 9.69%) 0.14% 11.36% DYL DEEP YELLOW LTD 214 1.90% GC32 (R213 : 9.78%) 0.14% 11.49% SILP STIMULUS INVESTMENT LTD-PREF 12129 0.00% GC35 (R209 : 9.98%) 0.13% 11.41% FSY FORSYS METALS CORP 130 0.00% GC37 (R2033 : 9.89%) 0.14% 11.89% TUC TRUSTCO GROUP HOLDINGS LTD 478 0.00% %Change Latest B2G B2GOLD CORP 3515 -1.37% Gold -0.14% $ 1,274.36 Platinum -0.43% $ 921.68 Copper 0.00% $ 6,929.00 Brent Crude 0.31% $ 60.82 %Change Latest NSX (Delayed) -0.01% 1180.88 JSE All Share 0.50% 59,630.48 SP500 0.02% 2,579.85 FTSE 100 0.02% 7,556.47 Hangseng 0.30% 28,603.61 DAX 0.14% 13,460.32 %Change Latest Financials -0.27% 15,605.09 Resources 0.66% 38,291.70 Industrials 0.78% 82,247.96 %Change Latest N$/US dollar 1.10% 14.1251 N$/Pound 1.29% 18.4861 N$/Euro 1.03% 16.4588 US dollar/ Euro -0.05% 1.1652 Latest Previous Namibia Inflation (Sep 17) 5.6 5.4 Bank Prime 10.50 10.50 BoN Repo Rate 6.75 6.75 international professional standards generates incredible social and Signed and sealed… Harolf // Guiob and Rex Aylward of Flight Safety Training SA cement their threeyear agreement to provide valuable industry knowledge and develop their professional aviation skills. AIMS signs MOU with Flight Safety Training SA prospective instructors to enable supervised facilitation is designed

New Era

New Era Newspaper Vol 22 No 167