Fli annual report 2015 youth entrepreneurs constitute a priority target group according to flis strategy youth entrepreneurs the financial literacy initiative, in partnership with the youth entrepreneurship seminars trust yes trust, delivered a simulationbased training for 30 youth entrepreneurs during the months of june and july of 2015. We know that when communicated well, these with new people forging fresh partnerships that. The sale of goodtech intressenter ab was completed on 22 december 2015, while. Independent auditors report to the board of trustees and registrar of pension funds in terms of section 15 of the pension funds act 1a. Requirements for the annual report of a friendly society standard no. The 2019 integrated annual report of the banking and finance segment. On behalf of the board of directors, it gives me great pleasure to present to you the corporations annual report. Operating profit for 2015 ended at nok 284 million nok 286 million, nok 2 million lower than in.
The successes we underscore in this report are the result of our strong collaboration with our nations landgrant universities, nonlandgrant universities, farmers and livestock producers across the country, small businesses, other federal. Governance enables an organisation, from the simplest to most complex, to make valuecreating decisions on behalf of stakeholders within a framework of accountability. Although staff costs are usually the biggest single operating cost item of any regulatory authority, namfisa has since its inception only assumed one additional function, which is to see to it that the industry complies with antimoney. This makes this report the third compilation on our intention towards presenting an integrated annual report to our. Gipf annual report 2015 5 every organisation needs a process to make decisions. Over that period, we have helped bolster the economic welfare and food security of communities in underserved areas of 43 countries around the world. Congratulations to all the staff for contributing to this wonderful achievement. National institute of food and agriculture 2015 annual report.
The namibia financial institutions supervisory authority namfisa is an independent institution established by virtue of act no. The division regulates and supervises entities in the cluster of capital markets, including collective investment schemes. Namfisa s vision is to be a respected regulator of the financial sector that fosters. Namfisa namfisa launched its 2017 annual report on. General overview abbreviations introduction the ministry in charge of the fsra background and history fsra mandate the fsra strategy. Annual report december 2017 the mission and vision of the nsx mission the mission of the nsx is to enable, develop and deepen capital markets in namibia. Annual report namfisa 2019 namfisa 2019 annual report 201819 10 11 at a glance company name.
Annual report 2015 3 the fsra hereby submits its third annual report covering the year 1pril a 2014 to 31 march 2015. We tell personal stories of endeavour and experience, humour and heroism, controversy and conflict. This is important to maintain for continued international success. This report contains information on finmas supervisory practice, its main activities and milestones, as well as key figures for the previous business year. Namfisa annual report archives riskafrica magazine. Annual report 2015 3 board of directors report board of directors report 2015 areas.
Iita headquarters pmb 5320, oyo road, ibadan 200001, oyo state, nigeria. Namibia financial institutions supervisory authority 5 corporate charter namfisa s mission is to effectively regulate and supervise financial institutions and to give sound advice to the minister of finance. Independent auditors report on assets held in compliance with regulation. Publication of finmas annual report and its annual financial statements is how finmas board of directors meets its accountability obligation to the federal council. I went through it and just wanted to say that it is an excellent piece of work.
Pdf bank of namibia, financial stability report, june, 2015. This is testimony to the excellent work we do in effectively regulating and supervising financial institutions while giving sound advice to the minister of finance. Notes to the annual financial statements page 3739 page 4049 page 5052 page 5461 1. Namfisa scooped the diamond arrow award for producing the best annual report in namibia.
The namibia financial institutions supervisory authority namfisa has released its annual report for 2012, highlighting progress made with regard to its regulatory and supervisory transformation strategy, as well as the performance of the industry in general. Annual reports north london muslim housing association. The capital markets divisions responsibilities are carried out in terms of several pieces of legislation. Kind regards, heinrich mr heinrich nashenda, former namfisa board member 11 september 2014 namfisa annual report 2014 hi phillip i agree with heinrich. Download complete annual report 201718 pdf annual report. Working in partnership with stakeholders in government and the financial sector, the nsx will. Namibia financial institutions supervisory authority. To view the full report, kindly visit our website on the link below. Our 2019 annual financial report includes the report of the directors, together with the financial statements of the group for the year ended 30 september 2019. Namfisa provides postretirement medical aid benefits to all qualifying staff members appointed before august 2009. Whilst we made considerable progress in the 201415 reporting.
Aug 09, 2016 this annual report highlights the amazing work undertaken by our grantees in the areas of research, education, and extension in 2015. Namfisa has advised that economic activity in namibia is not a prerequisite for. An actuarial valuation has been performed at 31 march 2015 to determine the present value of the employers subsidy towards the postemployment medical scheme of current and future pensioners of namfisa. This annual report highlights the amazing work undertaken by our grantees in the areas of research, education, and extension in 2015.
Goodtech annual report 2015 4 annual report 2015 in 2015, goodtech worked on structural and strategic measures to increase its business focus and investments. Annual reports and financial statements published to meet. The namibia financial institutions supervisory authority namfisa is an. Namfisa warned about levies government namibian sun. Nalma head office, 1024 mississauga street, curve lake, on. Finma publishes this report in four languages each spring. The insurance companies are modelled alongside the market in a collective way so that the impact of changes in premium rates which are relative to the market can be assessed. Presented at african accounting and finance association. With regards to political developments, the region has witnessed holding of democratic elections in drc, lesotho, seychelles, and zambia.
The namibia national reinsurance corporation limited. Audited results for the year ended june 30 2015 financial highlights pdf 281kb interim results announcements view html unaudited results for the halfyear ended december 31 2014. Geographical asset allocations by investment managers. Namibia financial institutions supervisory authority namfisa email. Namfisa launched its 2017 annual report on thursday, 7 september 2017.
Po box 21250, windhoek, namibia th floor, sanlam centre. Sep 26, 2017 according to namfisa s last annual report in march this year, the number of employees has grown to 176. Media release financial stability report 27 april 2018 2. Namfisa highlights regulatory progress in annual report. Quarterly report namfisa quarterly report 2015 fourth quarter. Transparency is a key aspect of our internal value system. The report contains information prepared on the basis of the banking act 1959 cth, corporations act 2001 cth, accounting standards and interpretations issued by the australian.
Nammo has a long and successful collaboration with the finnish and the norwegian armed forces. Kind regards, heinrich mr heinrich nashenda, former namfisa board member. The report documents considerable progress in many areas despite the slow economic growth in 2011 relative to 2010. Accountability of the board is fundamental to our system of governance.