All Articles (2,024)

SAICA and CIMA work together to advance accountancy in SA

SAICA and The Association of International Certified Professional Accountants (the Association) have joined forces to advance the accounting profession in South Africa by broadening access to their professional qualifications and resources.

Badibanga Promesse, the Association’s Regional Vice President for…

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Added by CFO South Africa on May 26, 2017 at 15:00 — No Comments

Learn to drive productivity at CFO Summit 3

In these tough economic times, many CFOs are looking for ways to increase productivity and cut costs to maintain their organisations’ competitiveness. If you are one of these finance chiefs, you simply can’t afford to miss out on the third CFO Summit of the year on 14 June 2017 at the opulent…

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Added by CFO South Africa on May 26, 2017 at 8:00 — No Comments

Naspers invests $5m in Filipino FinTech Coins

South African media and e-commerce giant Naspers has continued its expansion into the FinTech and cryptocurrency space by putting $5 million behind Philippines-based startup Coins.ph. The investment was facilitated by Naspers’ Ventures division.

Coins offers financial…

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Added by CFO South Africa on May 26, 2017 at 6:00 — No Comments

TFG sees good results as its diversification strategy pays off

TFG, whose diversified retail footprint covers 3,328 outlets in 34 countries, has overcome difficult trading conditions to deliver 11.6 percent retail turnover growth (R23.5 billion March 2017 year-end).

CEO Doug Murray (pictured) said:

“We are extremely pleased with…

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Added by CFO South Africa on May 25, 2017 at 15:00 — No Comments

Cassel&Co joins Finance Indaba 2017

Cassel & Co has joined Finance Indaba 2017 as a gold partner and will make its second showing at the event at the Sandton Convention Centre in October.

Do you want to know more about the latest and greatest in finance? Register to …

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Added by CFO South Africa on May 25, 2017 at 8:00 — No Comments

Hotels keep Tsogo Sun in the black

South African hotel and casino operator Tsogo Sun reported an increase in full-year earnings in a results presentation on Wednesday, as new hotel acquisitions offset disappointing gaming earnings.

Adjusted headline earnings per share for the full-year ended 31 March rose 6% to 207.6 cents…

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Added by CFO South Africa on May 25, 2017 at 6:00 — No Comments

Management shake-up at Lewis; CFO among those leaving

The chairperson, a board member and the CFO are leaving JSE-listed Lewis Group. Lewis said in a statement that David Nurek, Lewis chairperson, had advised the board that he plans to retire after serving as a director and chairman since the group’s listing on the JSE in 2004. Les Davies, who has served as the group’s CFO…

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Added by CFO South Africa on May 24, 2017 at 19:00 — No Comments

Sustainability – why CFOs should care

"Companies are now required by governments and stock exchanges to be transparent about their sustainability performance for all stakeholders, including investors, to see and evaluate," writes Stephane Bello, Executive VP and CFO at Thomson Reuters.

As stewards of capital, today’s CFOs have a unique opportunity to oversee…

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Added by CFO South Africa on May 24, 2017 at 15:00 — No Comments

Three skills to prise open the C-suite

You may feel that years of hard work may be enough to break the glass ceiling and join the ranks of the financial elite in the corner offices and upper echelons of management, but you’d be better off thinking more strategically about your skills development plan. Being technically proficient in your job is a…

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Added by CFO South Africa on May 24, 2017 at 8:00 — No Comments

Platinum sponsor: WATCH Deloitte's Delise Muller at #findaba16

CFO South Africa has the privilege of boasting Deloitte as a trusted partner. The headline sponsor of the CFO Awards 2017 earlier this month, Deloitte is the largest of the Big Four global professional services networks. Deloitte has more than 244 000 professionals at member firms delivering services in audit,…

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Added by CFO South Africa on May 24, 2017 at 6:00 — No Comments

Felix Lombard new Pioneer Foods CFO

Following a robust recruitment process in evaluating external and internal candidates, Pioneer Food Group, the South Africa-based food and drinks group, has appointed Felix Lombard as its new CFO. Cindy Hess held the CFO role until late 2016, a tenure which saw her nominated for the 2016 CFO of the Year Awards.

Lombard, a qualified CA(SA), also…

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Added by CFO South Africa on May 23, 2017 at 15:00 — No Comments

Meet Wayne Koonin (Omnia), winner of the Finance & Technology Award

Wayne Koonin, CFO of Omnia, led a strategy to implement a new, company-wide ERP system and IT platform as a basis for taking the business to a new level. For this, Wayne won the Finance & Technology Award at the recent CFO Awards, held on 11 May at…

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Added by CFO South Africa on May 23, 2017 at 11:00 — No Comments

FinTech unicorn Transferwise hits the black

FinTech unicorn Transferwise says the company has reached operational profitability six years after launch. The London-based currency exchange startup says it is currently amassing £8 million a month in revenue and is on target to reach £100 million for…

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Added by CFO South Africa on May 23, 2017 at 8:00 — No Comments

I came to finance less by design and more by default

“I am operationally focused and have good attention to detail and follow up. If there is a problem I determine immediately what the issue is and address and follow up with management and hold them accountable,” says Melanie Chong,…

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Added by CFO South Africa on May 23, 2017 at 6:00 — No Comments

Agriculture and mining growth forecast lifted by IMF

The Washington-based International Monetary Fund (IMF) has raised its forecast for economic growth in South Africa. It forecast growth of one percent for South Africa this year, up from the 0.8 percent prediction made in April.

The international lender has done this because the drought – considered the worst in more than a century – seems to have…

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Added by CFO South Africa on May 22, 2017 at 19:00 — No Comments

Finance flash: the TOP-10 articles of week 20, 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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Added by CFO South Africa on May 22, 2017 at 15:30 — No Comments

Meet Debbie Ransby (Takeda), winner of the Moving into Africa Award

At the recent CFO Awards, held on 11 May at the stunning Summer Place in Johannesburg, Debbie Ransby of pharmaceutical firm Takeda Africa walked away with the Moving into Africa Award, received largely because of her change management work in Egypt, where she faced numerous tough challenges,…

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Added by CFO South Africa on May 22, 2017 at 11:00 — No Comments

Digiterra signs up for Finance Indaba 2017

Digiterra has joined Finance Indaba 2017 as a silver partner and will make its debut at the event at the Sandton Convention Centre in October.

Do you want to know more about the latest and greatest in finance? Register to …

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Added by CFO South Africa on May 22, 2017 at 8:00 — No Comments

Look for the opportunity within the crisis, says Standard Bank’s Zaid Moola

“In South Africa, the full impact of a downgrade to sub-investment status will probably only manifest over the next 12 to 18 months. Companies in strong balance-sheet positons should be cautiously opportunistic and look for value-enhancing acquisitions both in South Africa and abroad. As much as economic conditions may be tough, my view is that we should…

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Added by CFO South Africa on May 22, 2017 at 6:00 — No Comments

BCX partners with WeThinkCode in R60 million deal

Telkom subsidiary BCX has launched a R60-million partnership with local incubator, WeThinkCode, a tuition-free programme designed to educate new software engineers. The deal will see the South African incubator expand its Johannesburg-based operations and also launch in Cape Town.

Ian Russell (pictured), CEO of BCX,…

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Added by CFO South Africa on May 21, 2017 at 8:00 — No Comments

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