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ISSUE 76– July 2009 Contact: Elena at [email protected] or + 258 82 518 5956 011/GABINFO-DEC/2008 The essentials of finance for non-financial managers 28 - 31 July 2009, Predio JAT 1 st floor, Av. Zedequias Manganhela 267, Maputo Do you control a budget or run a profit centre? If so then please read on.... Finance and money is the lifeblood of your business! But recent studies by top Audit Firms show that up to 70% of senior managers and directors struggle to understand the commercial realities of their companies or divisions! Now, that's a very scary thought if you're a shareholder or a Director operating in uncertain economic times where financial prudence is a must for survival… ISCTEM Business School in partnership with Wits Business School bring you ´Financing for Non-Financial Managers´ an internationally accredited 4 day course to resolve your organization´s immediate concerns. Build your confidence to fully understand and communicate the numbers, Gain credibility - learn to speak the language of your finance col- leagues and tell the right stories, Understand the impact of your decisions on the bottom line, Identify business opportunities and become more commercially aware In just 4 days you will learn to— Appreciate the contents, structure and linkage of the balance sheet, profit and loss account and Cash flow statements, Understand the importance of costing techniques to strategic decision making, Evaluate short, medium and long term financial needs especially working , capital management, Analyse financial statements by using ratios to determine busi- ness strengths, weaknesses, opportunities and threats, Review the difference between financial accounting and economic value results, Pre- sent investment proposals more effectively, Understand financial statements and the inter-linkages between the statements, Develop budgets and project appraisal proposals, Use benchmarking and ratios to better understand businesses Don´t lose out on this rare opportunity, register online www.isctem.ac.mz/ibs.html or call now +258 21 315521! David Zidel, MBA, grew up working with his family’s financing business. He authored the book, basic Business Calculations, He specializes in ridding delegates of their fear of numbers and understanding how numbers work in business and in the sales process. Justin Spencer-Young, BSc, MBA and WITS Business School faculty member, specializes in corporate finance and valuation. With more than 10 years of experience in accounting and consulting, he runs his own practice boasting corpo- rate clients such as Anglo American and Barloworld. Predio JAT 1º andar - Av. Zedequias Manganhela 267 Maputo - Moçambique, Telefone/Fax: +25821 315521 Telemóvel: +25884 522 1533 , Telemóvel: +25882 989 0448, URL: www.isctem.ac.mz/ibs.html Email: [email protected]

ISSUE 76– July 2009...ISSUE 76– July 2009 Contact: Elena at [email protected] or + 258 82 518 5956 011/GABINFO-DEC/2008 The essentials of finance for non-financial managers 28

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Page 1: ISSUE 76– July 2009...ISSUE 76– July 2009 Contact: Elena at minfo@intra.co.mz or + 258 82 518 5956 011/GABINFO-DEC/2008 The essentials of finance for non-financial managers 28

ISSUE 76– July 2009

Contact: Elena at [email protected] or + 258 82 518 5956

011/GABINFO-DEC/2008

The essentials of finance for non-financial managers

28 - 31 July 2009, Predio JAT 1st floor, Av. Zedequias Manganhela 267, Maputo

Do you control a budget or run a profit centre? If so then please read on.... Finance and money is the

lifeblood of your business! But recent studies by top Audit Firms show that up to 70% of senior managers

and directors struggle to understand the commercial realities of their companies or divisions!

Now, that's a very scary thought if you're a shareholder or a Director operating in uncertain economic times

where financial prudence is a must for survival…

ISCTEM Business School in partnership with Wits Business School bring you ´Financing for Non-Financial

Managers´ an internationally accredited 4 day course to resolve your organization´s immediate concerns.

• Build your confidence to fully understand and communicate the numbers, • Gain credibility - learn to speak the language of your finance col-leagues and tell the right stories, • Understand the impact of your decisions on the bottom line, • Identify business opportunities and become more commercially aware

In just 4 days you will learn to— • Appreciate the contents, structure and linkage of the balance sheet, profit

and loss account and Cash flow statements, • Understand the importance of costing techniques to strategic decision making, • Evaluate short, medium and long term financial needs especially working , capital management, • Analyse financial statements by using ratios to determine busi-ness strengths, weaknesses, opportunities and threats, • Review the difference between financial accounting and economic value results, • Pre-sent investment proposals more effectively, • Understand financial statements and the inter-linkages between the statements, • Develop budgets and project appraisal proposals, • Use benchmarking and ratios to better understand businesses

Don´t lose out on this rare opportunity, register online www.isctem.ac.mz/ibs.html or call now +258 21 315521!

David Zidel, MBA, grew up working with his family’s financing business. He authored the book, basic Business Calculations, He specializes in ridding delegates of their fear of numbers and understanding how numbers work in business and in the sales process. 

Justin Spencer-Young, BSc, MBA and WITS Business School faculty member, specializes in corporate finance and valuation. With more than 10 years of experience in accounting and consulting, he runs his own practice boasting corpo-rate clients such as Anglo American and Barloworld.

Predio JAT 1º andar - Av. Zedequias Manganhela 267 Maputo - Moçambique, Telefone/Fax: +25821 315521 Telemóvel: +25884 522 1533 , Telemóvel: +25882 989 0448, URL: www.isctem.ac.mz/ibs.html Email: [email protected]

Page 2: ISSUE 76– July 2009...ISSUE 76– July 2009 Contact: Elena at minfo@intra.co.mz or + 258 82 518 5956 011/GABINFO-DEC/2008 The essentials of finance for non-financial managers 28
Page 3: ISSUE 76– July 2009...ISSUE 76– July 2009 Contact: Elena at minfo@intra.co.mz or + 258 82 518 5956 011/GABINFO-DEC/2008 The essentials of finance for non-financial managers 28

NUARRO PROMOTIONAL OFFER FOR MOZAMBICAN RESIDENCE

Pay only 50% of the rates and stay 4 nights and pay for 3 - We I nvite you to stay for 4 nights in our luxurious chalets. Nuarro offers tropical private beaches, world class diving, unspoiled bush; where amazing hidden secrets can be found. Enjoy all our special activities: diving, snorkeling, kayaking, dhow trips, village tour, bush trails, day trip to Ilha de Mozambique and our high class cuisine. The perfect in gredients for an authentic holiday experience! We will give you as Mo zambican residence 50% discount on our rack rates and one night compli mentary, stay 4 nights and pay for 3 nights.

Children under the 18 years pay only 50% of the residence rate, children under the 8 years on special request. To secure this special holiday experience book as soon as possible!

(valid 15 July 2009 – 18 Dec 2009)

If you like to know more about our Honeymoon packages for Mozambican residence please email me. Trienke - INFORMATION & RESERVATIONS: TRIENKE LODEWIJK [email protected] phone: +258 82 304 4049— [email protected] - phone: +258 82 301 4294 - www.nuarro.com

NUARRO RACK RATES FOR 2009/2010

Opening months $250 p/person, p/night (1 July until-17 Dec 2009) December holiday season $350 p/person, p/night (18 Dec 2009-09 Jan 2010) Until Easter in 2010 $295 p/person p/night Rates are in American Dollars (USD) and inclusive of VAT Single supplement 50% extra

RATES INCLUDE

Accommodation in one of the chalets - All meals, teas, coffees and snacks

A bottle of wine in the room (at arrival) - Half hour back and neck massage

Various special Honeymoon treats - A “Bush” bath (on request) on the verandah

Dhow cruises and kayaking - Eco trails and bike rides

EVAC Medical Insurance

Donations per bed/night ($5) and paid activity ($2) to ANAN

RATES EXCLUDE

Transfers, Drinks, Motorized activities, fishing, scuba diving and motorized day trips

TRANSFERS

Nampula - Nuarro: Pemba - Nuarro:

• $ 75 by road (3 - 4 hours) • $ 150 by road (5 - 6 hours)

• $ 250 by air (45 min) • $ 280 by air (55 min)

Prices are per person in (USD), one way including airport tax ($10)

Single supplement is 50% by road transfer and 100% by air transfer

Baggage restriction of 15kgs per person for the air charters

Flat for Rent: Localion: Bairro Central, near World Vision office. Description: 3 spacious bed-rooms and 2 bathrooms. Now in process of renovation, giving the possibility to be adjusted to the needs of the potential tenant. Unfurnished. 1500 USD (no agents). Contact: 823268650

Page 4: ISSUE 76– July 2009...ISSUE 76– July 2009 Contact: Elena at minfo@intra.co.mz or + 258 82 518 5956 011/GABINFO-DEC/2008 The essentials of finance for non-financial managers 28

Photographic workshop in Portuguese and English for Beginners from 1st September to 10th of October. Contact Magma Photography on 827876528 or [email protected]

Various baby goodies for sale: Walking ring, Winnie the Pooh "ride-on", camper cot, back carrier, baby monitor, car seat, etc. All goods in fantastic condition. Prices negotiable. Please phone Gratia on 84 394 3691

The Launch of Two books from a group of Professors from the University of Pedagogy on the 2nd July at 18:00 , at the Instituto Camões-Centro Cultural Português, on Av. Julius Nyerere, n.720.

Page 5: ISSUE 76– July 2009...ISSUE 76– July 2009 Contact: Elena at minfo@intra.co.mz or + 258 82 518 5956 011/GABINFO-DEC/2008 The essentials of finance for non-financial managers 28

Editors Note: To all our readers, thank you for your emails and calls requesting more information on S.O.S Services / Mike Ferguson, please see below:-

Av. 25th Setembro, Nº420, Edifício JAT, 2º Andar,Maputo, Moçambique - Tel: +258 21313103 Fax : +258 21313106

E-mail : [email protected]

List of services provided by us:

1. Emergency medical reponse, treatment and transportation services via road ambulance under membership contract. (corporate or individual families).

2. Aeromedical evacuation services both within Mozambique and abroad via commercial charter and dedicated air ambulance.

3. Repatriation of mortal remains and the processing thereof.

4. First aid training utilising the South African Dept of labour curriculim.

5. Remote site clinic services from a simple single staff member and medical kit through to a full fledged clinic.

6. Medical Standby for Professional events.

7. Medical site visits and evaluations.

8. Corporate Wellness programs catering specifically for preventative care, primary heath education and the monito-ring of specific diseases for example HIV, TB, diabetes and high blood pressure. ( this program is done together with coordination with Prime cure Clinics in South Africa who have contracts in 11 African countries for this pro-gram.

Page 6: ISSUE 76– July 2009...ISSUE 76– July 2009 Contact: Elena at minfo@intra.co.mz or + 258 82 518 5956 011/GABINFO-DEC/2008 The essentials of finance for non-financial managers 28

Dana Agency Moç. Lda. Situated on Av. Kenneth Kaunda, nr.1170, Maputo hás the following specials: Contact them on Phone: 21 48 43 00, Fax: 21 49 40 29/42, e-mail: [email protected]

Page 7: ISSUE 76– July 2009...ISSUE 76– July 2009 Contact: Elena at minfo@intra.co.mz or + 258 82 518 5956 011/GABINFO-DEC/2008 The essentials of finance for non-financial managers 28

FOR SALE Mitsubishi Pajero Junior - 4x4

1995 Model – 77,000 km Good Condition, serviced

regularly Good around town and off road

5250 USD - Tel. 844513709

2009 US. Trade and Investment Conference: “ The US. Embassy in Maputo, Mozambique is organizing the US. Trade and Investment Conference that will take place on July I5 and 16. The President of Mozambique and senior government offi-cials will discuss trade and investment opportunities in various sectors, including agriculture, energy, tourism and natural resources. Mozambique has enjoyed steady economic growth and stability, The areas for potential investment are diverse and wide-ranging, and already U.S. trade is expanding rapidly. The country is developing ports and transportation/logistics corri-dors. With nearly 90 percent of arable land uncultivated, the agricultural sector has great potential. In the energy sector, Mo-zambique is one of the few countries in Southern Africa with untapped capacity for generations. Mozambique also has sig-nificant natural resources, including mining minerals, forestry and fishing, coal, natural gas, and potentially oil. Finally, in the area of tourism and eco-travel, Mozambique is considered to be one of the top emerging travel destinations in the world, boasting natural parks and thousands of miles of coastline with pristine beaches.” For more information please contact U.S. Embassy in Maputo at [email protected] .

HOMES TO RENT IN MAPUTO:

• S o m m e r -schield Apartment with 3 bedrooms, modern with a pool in the com-plex. Rental usd 2500.00

• Sommerschield 2: Modern large home with 5 bedrooms, 3 lounges, fitted kitchen., Pool and much more Rental USD 4000.00

• 4 Bedroom home on 2 levels, near the Portuguese and American School. With a small modern kitchen and open lounge and dining room. In a small complex in-cluding a plunge pool. Rental USD 3500.00.

* Sommerschield (proper): Near The Som-merschield clinic an older home with 3 Bed-rooms and 2 bathrooms for USD 2000.00.

* Polana Area , large home with 6 bedrooms all en-suite, large garden and with various l a r g e b r i g h t lounges.

FOR MORE INFORMATION CONTACT: 82 303 5940, 82 747 4160, 82 425 5280 or email [email protected], [email protected], [email protected].,mz.

Dana Agency:- - Phone: + 258-21-48 43 00 - Fax: + 258-21-49 40 42 OR 21-49 40 29—Email: [email protected]