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Frantz Scheepers replaces Elton Bosch as Clover CFO

Frantz Scheepers has been appointed the new CFO of Clover Industries, replacing 2017 CFO Awards nominee, Elton Bosch (pictured).

Starting 1 November, for two months, Scheepers will act as the CFO designate, working closely with Bosch to ensure a smooth transition. He will then formally take over…

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Posted by CFO South Africa on October 23, 2017 at 19:00

Finance flash: the TOP-10 articles of week 42, 2017

Do you want to keep up to date with the latest developments in finance, but you are short of time? Don’t worry. CFO South Africa weekly collects 10 of the most important articles from international media for your convenience.

1. …

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Posted by CFO South Africa on October 23, 2017 at 15:30

Ghanian FinTech Bloom Impact attracts Canadian investment

Ghana’s Bloom Impact, a machine learning loans marketplace accessible from smartphones has raised undisclosed funding from Engineers Without Borders Canada, EWB Ventures, an early-stage investor in innovative Africa-based social enterprises.

EWB has also invested in M-Shule,…

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Posted by CFO South Africa on October 23, 2017 at 8:00

CFOs can expect continued volatility in our markets, says CIB's Sunѐ Brugman

“At Standard Bank, we focus on business opportunities that help our clients grow financially and socially, in all the countries in which we operate,” says Sunѐ Brugman, chief risk officer for Corporate and Investment Banking (CIB) at Standard Bank. “Equally, we aim to bring new business and investment into Africa by connecting…

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Posted by CFO South Africa on October 23, 2017 at 6:00

Emirates company buys majority stake in SA distribution startup

Maritime & Mercantile International (MMI), a subsidiary of the Dubai-based Emirates Group, has acquired a majority stake in Brand 2 Consumer Premium Drinks Company (B2C), a South Africa-based alcohol distribution startup.

Peter Hart (pictured), B2C CEO and founder (also former…

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Posted by CFO South Africa on October 22, 2017 at 10:00

Don’t be afraid of iXBRL, says Ince’s Linda Buchler

iXBRL is a scary word right now, Linda Buchler, regional managing director at Ince, said at last week’s Finance Indaba Africa 2017, held at the Sandton Convention Centre. She went on to unpack what iXBRL means.

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Posted by CFO South Africa on October 22, 2017 at 8:00

Managers, take bullets for your teams

Building a culture of trust is an integral part of team building and ensuring that you have a thriving work environment, conference attendees were told during a discussion at last week’s Finance Indaba Africa 2017, held at the Sandton Convention Centre, between the financial director of Curro Holdings, Bernardt van der Linde, and Sasfin Bank Limited…

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Posted by CFO South Africa on October 22, 2017 at 6:00

SAICA took money from Gupta-linked firm

The South African Institute of Chartered Accountants (SAICA) accepted a R1.2 million donation by Trillian in March of this year. It also thanked the Gupta-linked company for the role it played in nation building and furthering its efforts for the chartered accountancy…

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Posted by CFO South Africa on October 21, 2017 at 21:00

Things are looking up for SSA

The economy of Sub-Saharan Africa (SSA) is expected to grow a moderate 2.4 percent in 2017 before gaining steam next year, says FocusEconomics.

It said in its most recent economic snapshot update:

“Stronger activity in Nigeria and South Africa should propel the region as both economies benefit from more accommodative monetary policies and growing…

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Posted by CFO South Africa on October 21, 2017 at 10:00

Wilfred Ngubane: SMEs are our silent warriors

Small and medium enterprises (SMEs) are part of a very competitive universe and if they can’t survive in that universe, they risk withering away, said Wilfred Ngubane, CEO of Ngubane & Co, speaking last week at Finance Indaba Africa 2017, held at the Sandton Convention Centre.

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Posted by CFO South Africa on October 21, 2017 at 8:00

Join the 5th CFO Awards & Conference - 10 May 2018

RSVP for the  2018 CFO Awards on 10 May 2018.

Join us for the 5th edition of the CFO Awards where CFOs of listed companies and large corporations are awarded for outstanding performance and leadership. Meet top CFOs, demonstrate thought leadership, extend your network and develop business on 10 May 2018. Join us, buy a table or become a partner. Email Graham Fehrsen. Attendance is free for members. Visit CFOawards.co.za

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Introducing Premium Membership opportunities

Join CFO South Africa as a Platinum Member(pdf). CFO South Africa invites its members to bimonthly round tables, master classes and networking opportunities. Members attend groundbreaking speeches and high-level presentations by today’s business leaders. Members benefit from unparalleled peer-to-peer consulting. Members are portrayed on CFO.co.za, a comprehensive listing of South Africa’s finance elite. Members are invited to attend the CFO Awards ceremony, the annual landmark event showcasing insights and best practices and celebrating excellence. Join CFO South Africa as a Platinum Member(pdf) today!

 
 
 

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