February 2016 Articles (56)

Blue Label Telecoms and Cell C deal near conclusion

According to Blue Label Telecoms, which is currently buying a 35% stake in telecoms provider Cell C, the effective date of the transaction is set at 1 June 2016. Brett Levy (pictured), Blue Label joint-CEO, has said that while a few hurdles still…

Continue

Added by CFO South Africa on February 29, 2016 at 11:30 — No Comments

5 ways CFOs can save costs on legal services - by Yvonne Wakefield

As budgets are reviewed and department heads pressed to justify their spend, Heads of Legal or General Counsels (GCs*) shouldn’t be spared. Legal spend is one budgetary item that need not be as high as it often is. Discerning GCs have their ears to the ground and are aware of…

Continue

Added by CFO South Africa on February 29, 2016 at 8:00 — No Comments

Massmart CFO, confirms retailer is making greater moves into Africa

South Africa's current economic and retail situation has prompted Massmart to look for more opportunities in Sub-Saharan Africa. Through its Game, Builders Warehouse and DionWired brands the retailer already has…

Continue

Added by CFO South Africa on February 28, 2016 at 11:30 — No Comments

MTN pays Nigerian government R3.8 billion and withdraws court case

MTN, as a sign of good faith and without prejudice, has paid the Federal Government of Nigerian some R3.8 billion and also dropped the court case against the government. This in the hopes that a settlement can be reached over the telecoms provider's R60 billion fine.

In…

Continue

Added by CFO South Africa on February 27, 2016 at 11:30 — No Comments

Meet CFO Awards 2016 nominee Ryan McDougall, Group FD of Trustco Holdings

Ryan McDougall | Group Financial Director | Trustco Holdings

Ryan McDougall - current Group Financial Director at Trustco Holdings - completed his articles at KMPG in 2006. He then became Head of…

Continue

Added by CFO South Africa on February 26, 2016 at 15:00 — No Comments

Goodwell Investments acquires minority stake in Musoni Services

Goodwell Investments, a company which provides early stage growth capital, has acquired a significant minority stake in Musoni Services, a Dutch micro-finance software company that supports micro-finance institutions (MFIs) with its cloud-based core banking…

Continue

Added by CFO South Africa on February 26, 2016 at 12:30 — No Comments

FinTech Africa event: fascinating insights in #blockchain at Barclays Rise

A Dutch “prophet of the future", a forward-thinking Barclays boss and a group of amazing South African FinTech pioneers engaged in some intriguing discussions and short presentations during…

Continue

Added by CFO South Africa on February 26, 2016 at 11:30 — No Comments

CFOs now need to look beyond survival, says KPMG's Alwyn van der Lith

Times have been tough the last two years in the mining and oil & gas industries, and many CFOs are struggling to get out of survival mode, says KPMG partner and experienced industry expert Alwyn van der Lith. “Great CFOs and their teams now need to look beyond…

Continue

Added by CFO South Africa on February 26, 2016 at 8:00 — No Comments

Meet CFO Awards 2016 nominee Suren Maharaj, CFO of Pikitup

Suren Maharaj | Chief Financial Officer | Pikitup

Suren Maharaj - current CFO of Pikitup - is a highly accomplished, results-driven professional with over 16 years of experience to…

Continue

Added by CFO South Africa on February 25, 2016 at 15:00 — No Comments

Old Mutual sells its stake in Rogge Global Partners

Old Mutual recently sold all of its shares in Rogge Global Partners to investment manager Allianz Global Investors for an undisclosed sum, leaving it with just two fixed-income businesses.

  • Old Mutual is a partner at the…
Continue

Added by CFO South Africa on February 25, 2016 at 11:30 — No Comments

Newsletter: Processes and tech key at CFO Event | Agile teams crucial for CFOs | Blockchain will revolutionise business

CFO South Africa Newsletter | Thursday 25 February…


Continue

Added by CFO South Africa on February 25, 2016 at 7:00 — No Comments

The new public sector CFO: agile, empowered, customer-centric

Agility, customer-centricity and changing the way people see the public sector CFO were the central themes dominating the CFO public sector round table, held on 23 February 2016 at Summer Place in Hyde Park, Johannesburg. Moderated by Terrence Taylor, General Manager:…

Continue

Added by CFO South Africa on February 24, 2016 at 11:30 — No Comments

People, processes and tech key at vibrant Get Smart in 2016 event

People, processes and technology took centre stage during an incredibly well-attended CFO event on 23 February 2016 at Summer Place in Hyde Park, Johannesburg. Thanks to the expert contribution of partners…

Continue

Added by CFO South Africa on February 24, 2016 at 8:00 — No Comments

Meet CFO Awards 2016 nominee Andrew King, CFO of Mondi Group

Andrew King | Chief Financial Officer | Mondi Group

Andrew King - current CFO of Mondi Group - has been in this position since October 2008. His first encounter with the CFO role was in…

Continue

Added by CFO South Africa on February 23, 2016 at 15:00 — No Comments

AngloGold CEO announces a return to profit in Q4

AngloGold Ashanti, the world’s third-largest gold producer, returned to profit in Q4 of 2015 and delivered a solid operating and financial performance for the year.

Srinivasan Venkatakrishnan (pictured), AngloGold CEO, said:

"We’ve again shown…

Continue

Added by CFO South Africa on February 23, 2016 at 11:30 — No Comments

How can finance contribute to agility? Standard Bank Investment Banking CFO Sean Doherty explains

Sean Doherty worked for Standard Bank, became a consultant and then rejoined the bank as CFO Investment Banking. We asked him what he learnt ‘on the outside’, how finance can contribute to agility and his doubts about finance…

Continue

Added by CFO South Africa on February 23, 2016 at 8:00 — No Comments

A tax hike would be good for SA,says Old Mutual's Johann Els

National Treasury will have to increase taxes even more significantly this year than in previous years, as a ratings downgrade looms, the rand falls and inflation climbs. Unfortunately, consumers stand to bear the brunt of this.

According to Johann Els, senior economist at Old Mutual…

Continue

Added by CFO South Africa on February 22, 2016 at 11:30 — No Comments

RMB's Africa Outlook 2016 – investors more discriminating

In 2016 investors are even more likely to scrutinise the effectiveness of domestic policies, the strength of governance, the sensitivity to commodities price trends and the sustainability of debt burdens. In this fourth part of RMB's Africa outlook 2016, authors Celeste Fauconnier, Nema…

Continue

Added by CFO South Africa on February 22, 2016 at 8:00 — No Comments

MTN expects full-year earnings to drop by 20%

MTN has issued a trading statement warning that it anticipates a 20 percent drop in headline earnings for the full year ending December 2015. The telecoms provider cited the company's performance in Nigeria as the main reason for the decline.…

Continue

Added by CFO South Africa on February 21, 2016 at 11:30 — No Comments

Rand continues to strengthen against dollar

Following talk that the Reserve Bank may hike interest rates once again, the rand is continuing its recovery from record lows against the dollar.

In December 2015, president Zuma suddenly and unexpectedly fired Nhlanhla Nene, finance minister,…

Continue

Added by CFO South Africa on February 20, 2016 at 11:30 — No Comments

Articles by Tags

Monthly Archives

2017

2016

2015

2014

2013

2012

2011

1999

© 2017   CFO Africa | Contributing to the growth of Africa   Powered by

Badges  |  Report an Issue  |  Terms of Service