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Finance flash: the TOP-10 articles of week 29, 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 July 24, 2017 at 15:00 — No Comments

ACS-Embrace signs up for Finance Indaba 2017

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

  • Finance professionals and accountants register for the Finance Indaba for free …
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Added by CFO South Africa on July 24, 2017 at 8:00 — No Comments

Put your best people on the deal team, says Telkom’s Deon Fredericks

A thorough, smart and stealthy due diligence process is among the top ingredients for successful mergers and acquisitions. We spoke to finance executives and dealmakers about the homework a growth-hungry company needs to do. “Do two rounds of due diligence, put your very best finance team members on the deal and make sure you do your homework,” says Telkom…

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

CIMA announces new Africa regional board

Following a call for nominations and elections for the first Africa regional board under the Association, Badibanga Promesse (pictured), regional VP Africa for CIMA, has announced that the following people have accepted their election…

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

Ned Segal named new Twitter CFO

Ned Segal (pictured), who spent 17 years at Goldman Sachs Group, has been named the new chief financial officer of Twitter. The 43-year-old former banker, currently a senior vice president of finance at Intuit Inc., will take over the CFO role from Anthony Noto (who will remain chief…

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

Standard Bank’s Richard Stout talks IPOs at CFO Summit

“There has to be a pretty compelling case as to why a company should list. You have to know why you're doing it because it's a costly endeavour both from a time perspective as well as economically,” said Richard Stout, Head of Equity Capital Markets Standard Bank. Stout was speaking at the recent CFO…

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Added by CFO South Africa on July 21, 2017 at 15:00 — No Comments

Nkonki signs up for Finance Indaba 2017

Nkonki 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.

  • Finance professionals and accountants register for the Finance Indaba for free …
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Added by CFO South Africa on July 21, 2017 at 10:00 — No Comments

Harness technology to navigate regulatory flood – Executives urge forward thinking at CFO Summit 4

Seven minutes. 300 million. $321 billion. Every seven minutes a new piece of regulation is introduced globally, the number of pages of regulation in existence and the number of dollars paid since the financial crisis of 2008.  In an intriguing presentation at CFO Summit 4 at Summer Place in Sandton…

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Added by CFO South Africa on July 21, 2017 at 9:30 — No Comments

Eskom aims to build on positive momentum

In announcing its integrated financial results on Wednesday morning, Eskom declared that it was pleased to be continuing on the upward trajectory of the past few years. The power utility connected 207 189 new households to the national grid and managed to achieve a cost-saving of R20,2 billion in…

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

Curve expands to London

South African FinTech company Curve Technology Group has expanded to the UK with the opening of a new office in London.

The company said it has already secured several international clients and its UK presence will make the company’s technology available to a new…

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Added by CFO South Africa on July 21, 2017 at 6:00 — No Comments

Claas Kuehnemann appointed SAP SA acting MD

German-based software giant SAP has appointed 25-year veteran Claas Kuehnemann (pictured) as acting managing director for Africa. This following allegations that the company's South African subsidiary paid a Gupta front R100 million in kickbacks for it to access lucrative state contracts. SAP has initiated an independent investigation into the…

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Added by CFO South Africa on July 20, 2017 at 15:00 — No Comments

Shanduka Black Umbrellas joins Finance Indaba 2017

Shanduka Black Umbrellas has joined Finance Indaba 2017 as a gold partner and will make its debut at the event at the Sandton Convention Centre in October.

  • Finance professionals and accountants register for the Finance Indaba for free …
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Added by CFO South Africa on July 20, 2017 at 10:00 — No Comments

Operate at the coalface to be a catalyst for change – CFOs at CFO Summit 4

Agility is a word that is bandied about in boardrooms across South Africa, but how does one actually achieve it? How do you step away from your desk as a CFO and really get to grips with the business? Can you find out how the business ticks without abandoning your finance duties?

These and other…

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Added by CFO South Africa on July 20, 2017 at 8:00 — No Comments

Finance Indaba 2017: Ngubane & Co is your full-service financial partner

“The key to the success of the company is our people. If you have one client who is dissatisfied, you are not likely to get new business. Our people are key and we have been very lucky to get good people," says Wilfred Ngubane, CEO and founder of Ngubane &…

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Added by CFO South Africa on July 20, 2017 at 6:00 — No Comments

Matone Ditlhake new CEO of Optic Comm Networks

Former CFO Awards nominee Matone Ditlhake has left his role in finance at Groupe SEB to fill the CEO role at Optic Comm Networks, a company partly owned by The Wired Corp.…

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

Retail, construction and agri industries at risk, says Deloitte

Deloitte, in its recently released fourth annual South African Restructuring Outlook 2017 survey, found that restructuring professionals are more positive about the economy but that retail, agriculture and construction sectors remain at risk.

Deloitte says it surveyed a cross-section of restructuring specialists in South…

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Added by CFO South Africa on July 19, 2017 at 15:00 — No Comments

ZAR X signs up for Finance Indaba 2017

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

  • Finance professionals and accountants register for the Finance Indaba for free …
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Added by CFO South Africa on July 19, 2017 at 10:00 — No Comments

Tips for CFOs looking to keep abreast of tech advancements

Technology is moving at breakneck pace, with a significant impact on business and the world around us. It is imperative that CFOs have understanding of these rapid change in order to mitigate the risks and maximise the rewards. Here are five tips that can make this process easier, according to…

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Added by CFO South Africa on July 19, 2017 at 8:00 — No Comments

Finance Indaba 2017: Use DocFox to simplify compliance procedures

"DocFox provides a single solution - endorsed by global law firm, Norton Rose Fulbright - which gives a FSP of any size the assurance that they will remain compliant with ever-changing legislation, while simultaneously creating a seamless customer experience and reducing operational costs," says Ryan…

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Added by CFO South Africa on July 19, 2017 at 7:00 — No Comments

Robert van Niekerk new Sibanye executive VP

Sibanye Gold has announced that Robert van Niekerk (pictured) has been appointed executive vice president: SA Region. Van Niekerk's appointment follows the acquisition of Stillwater Mining Company in May 2017, and a subsequent transition of the Sibanye Group organisational structure from a divisional commodity structure to a geographical…

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Added by CFO South Africa on July 18, 2017 at 15:00 — No Comments

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