Fraud risk assessment

In my previous articles, I discussed some of the measures available to combat white-collar crime.  This week, I will deal with how to assess or evaluate an organisation’s exposure to that crime as well as fraud.
Industrialisation, Trade and SME Development Minister, Immanuel Ngatjizeko, says the ability of an economy to enhance the productivity of its industries, by actively leveraging information communication technology (ICT), can result in increased efficiency and a competitive edge.
At Nedbank Namibia, we are living by our slogan of ‘Make Things Happen’ after recently securing the biggest property development deal in our history.

Cuts, cuts and more cuts

The Windhoek Observer (WO) sat down with Minister of Economic Planning and National Planning Commission Director General, Tom Alweendo (TA), to discuss the state of the economy and its impact on government’s various economic blueprints. Below is an extract from the interview.
The eight-week closure of Meatco’s Okapuka feedlot is estimated to have cost the company in excess of N$40 million, before it was reopened on Tuesday by the Ministry of Agriculture, Water and Forestry.
The Bank of Namibia (BoN) has defended the recently amended Credit Agreements Act amid concerns that the Act might not be the right tool to stabilise Namibia’s foreign reserves.
Oryx Properties is set to invest over N$160 million in renovations and additions to its properties around the country, as the company seeks to stay ahead of its competitors.
Busoness 28 octBeverage maker, Coca-Cola Namibia Bottling Company (CCNBC), has resorted to trucking in water from sources outside Windhoek, to augment its operational requirements, as the imposed water restrictions continue to impact on its business, the Windhoek Observer can reveal.
The prevailing depressed conditions in the global mineral commodities market has been fingered for the “mixed” performance of Namibia’s mining sector so far this year.
Oryx Properties says the N$80 million premises that will house the new Virgin Active gym at Maerua Mall, is nearing completion, with the grand opening expected in about a month and a half.
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The Windhoek Observer is an English-language weekly newspaper, published in Namibia by Paragon Investment Holding. It is the country's oldest and largest circulating weekly.

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