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New Era Newspaper Tuesday October 17, 2017

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12 Inside BUSINESS

12 Inside BUSINESS Tuesday, October 17 2017 | NEW ERA Nedbank opens revamped Independence Avenue Branch taff Reporter indhoek owerful forces are reshaping the banking industry and creating an opportunity for commercial banks o change their current posture within the Not so long ago, Nedbank Namibia nnounced they were closing their branch n Windhoek’s Independence Avenue for enovations as part of their commitment o clients to allow them to offer a superior ustomer experience. Renovations were concluded recently nd the newly re-opened branch boasts nternet banking facilities, an expanded aiting couches in vibrant colours repreentative of the bank’s new brand colour scheme, and a coffee machine serving all kinds of brews to clients waiting to talk to bankers. In addition, the staff at the branch have all undergone training to provide customers with world-class service to ensure a pleasant customer journey. “The expanded banking hall has allowed us to create a more welcoming atmosphere, and as part of the renovations we have also decorated the walls with brightly coloured Namibian patterns and improved the entrance and lighting to add an inviting ambience to the banking hall,” said Christoffer Chipeio, the area manager of Central and Personal Loans. “The renovation of our branch is a newal, vibrancy and putting the customer Celebration… Staff members at the recently revamped Nedbank Independence Avenue Branch. Photo: Contributed although many of the changes in the branch are cosmetic, a number of projects are running in the background that will support our ambition to help serve our customers better.” Banking has evolved quite a lot in the last decade and Nedbank is rewiring itself to keep up with what modern consumers expect. In his welcoming remarks Matthee, the executive of Retail and Business Banking, shared with clients that Nedbank has come a long way since the commercial bank days, and banking those times. “We have upgraded the technological base on which our bank rests and we are using this as a springboard from which to innovate. We have also upgraded the way we think about things and how we do things around Nedbank,” he said. Mario Poolman, the manager for Communications, PR & Brand, said the bank’s journey is captured in their new brand, which encourages them as staff, and their clients, to see money differently. “The revamped Nedbank branch is a physical manifestation of this spirit of renewal and putting the customer at the centre of everything we do – in fact, the revamp was done entirely with the customer in mind, providing a more inviting and friendly environment in which they can experience improved products and services,” he said. “Matching our physical footprint with our internal spirit is an important part of our drive to rebrand Nedbank Namibia, to demonstrate that there’s a new Nedbank in town and that we’re serious about not just serving our customers, but making them feel appreciated and welcome. Over time all our branches will ones like Independence Avenue getting star treatment,” said Poolman. Standard Bank welcomes new blood… Seventeen new employees recently joined Stand- tions by various senior managers, the group also met with the chief executive of Standard Bank, Vetumbuavi Mungunda, and head of human capital, Isdor Angula. During the orientation session the new recruits were provided with a holistic overview of the bank’s 102-year history, its processes, culture, structures and systems. Photo: Contributed

Tuesday, October 17 2017 | NEW ERA Inside BUSINESS 13 IAIS regional Staff Reporter Windhoek The Namibia Financial Institutions Supervisory Authority (Nam- International Association regulatory and supervisory regional seminar to delegates He seminar is jointly organised by the IAIS and Financial Stability Institute ance and other non-banking Themed ‘Corporate Gover- is centred on the requirements best practice principles in - corporate governance and su- is a voluntary membership supervisors and regulators - - industry to develop and cyholders and to contribute to have been selected as the - terparts to share and obtain Matomola. harmonise and enhance Insur- - The participating coun- Standard Bank invites top Namibian graduates Staff Reporter Windhoek lence annually through its bursary scheme that aids deserving students create a bet- Scheme and Graduate Developmental - The bank recognises the challenges they graduate in struggling to secure - - She explained that the graduate pro- - - lenged and demonstrate good attention to - “University education should not - MUNICIPALITY OF SWAKOPMUND SALE OF A PORTION OF THE REMAINDER OF PORTION 5 OF SWAKOPMUND TOWN AND TOWNLANDS Notice is hereby given in terms of the provisions of Section 63 (2) of the Local Authorities Act, Act 23 of 1992, as amended, that the Municipal Council of Swakopmund intends to sell a Portion of the Remainder of Portion 5 of the Swakopmund Town and Townlands No 41 to Elize Investments (Pty) Ltd for township establishment. The portion of land is located to the east of Mondesa, measures approximately 154 748m² and is currently zoned “undetermined”. Full particulars of the above transaction will lie for inspection by interested persons at the Municipal Swakopmund, Room BO-21B (Ms S Bruwer), ground Any person objecting to the proposed sales, may lodge such objection in writing, duly motivated, to the Take note that no objection via e-mail will be considered. The objection must be made by delivering and supplying a return postal address and telephone number. The contact persons are Ms S Bruwer at and Ms R Gustaf at tempproperty1@ NOTICE NO: 57 / 2017 M N Ipinge MARKET OVERVIEW Change Latest 3 months 0.00% 7.03% 6 months 0.02% 7.46% CGP CAPRICORN INVESTMENT GROUP L 1816 0.00% 9 months 0.00% 7.63% NBS NAMIBIA BREWERIES LTD 3725 0.00% 12 months -0.02% 7.83% BVN BIDVEST NAMIBIA LTD 785 0.00% Change Latest FNB FNB NAMIBIA HOLDINGS LTD 4675 0.00% GC18 (R204 : 7.04%) 0.01% 7.95% ORY ORYX PROPERTIES LTD 2064 0.00% GC21 (R208 : 7.54%) 0.01% 8.36% NAM NAMIBIAN ASSET MANAGEMENT LT 72 0.00% GC24 (R186 : 8.62%) 0.01% 9.84% NHL NICTUS NAMIBIA 189 0.00% GC27 (R186 : 8.62%) 0.01% 10.23% BMN BANNERMAN RESOURCES LTD 36 0.00% GC30 (R2030 : 9.22%) 0.02% 10.89% DYL DEEP YELLOW LTD 220 -4.76% GC32 (R213 : 9.31%) 0.03% 11.02% SILP STIMULUS INVESTMENT LTD-PREF 12129 0.00% GC35 (R209 : 9.57%) 0.02% 11.00% FSY FORSYS METALS CORP 122 -0.81% GC37 (R2033 : 9.43%) 0.02% 11.43% TUC TRUSTCO GROUP HOLDINGS LTD 550 0.00% %Change Latest B2G B2GOLD CORP 3668 -0.41% Gold 0.12% $ 1,305.35 Platinum 0.15% $ 947.19 Copper 0.00% $ 6,882.00 Brent Crude 2.12% $ 58.28 %Change Latest NSX (Delayed) 0.03% 1186.68 JSE All Share 0.71% 58,290.18 SP500 0.09% 2,553.17 FTSE 100 0.16% 7,547.34 Hangseng 0.76% 28,692.80 DAX 0.19% 13,016.28 %Change Latest Financials 0.15% 15,785.55 Resources 1.52% 36,489.58 Industrials 0.70% 79,937.62 %Change Latest N$/US dollar 0.04% 13.2739 N$/Pound -0.07% 17.6143 N$/Euro -0.05% 15.6751 US dollar/ Euro -0.09% 1.1809 Latest Previous Namibia Inflation (Sep 17) 5.6 5.4 Bank Prime 10.50 10.50 BoN Repo Rate 6.75 6.75

New Era

New Era Newspaper Vol 22 No 167