May 2012 Articles (9)

Warren Prinsloo – CFO Jasco: “Either step up and play your part or step down”

"We have to ask ourselves how we as a country can compete with countries like South Korea and other Asian Tigers. Frankly, I don’t think we can," says Warren Prinsloo (39), CFO of Jasco Group. Warren is a qualified Chartered Accountant (SA) and has been a registered member of the South African Institute of Chartered Accountants since 1999. He is also a member of the Institute of Directors South Africa and has more than twelve years of experience in finance…


Added by CFO South Africa on May 23, 2012 at 16:30 — No Comments

Jannie Serfontein – CFO Eqstra: “A good CFO is able to see in the figures that which is not immediately obvious to others"

"Don't change something when it's working." That is exactly why Jannie Serfontein did not make any radical changes once he was appointed as CFO of Eqstra Holdings in January 2011. After completing his studies at the University of Pretoria, he qualified as a chartered accountant in 1998. He started his career at Deloitte & Touche in 1999 and spent two years in the United States of America in Deloitte & Touche’s Washington DC practice as part of…


Added by CFO South Africa on May 18, 2012 at 13:00 — No Comments

Katie Murray – CFO Old Mutual: “Don’t job-hop, get real experiences”

Scottish Katie Murray has been at Old Mutual for eight years and was Director of Finance: Group Chief Accountant at Old Mutual Plc in London from 2006. In this role, Katie was responsible for Old Mutual’s internal and external reporting, business planning and the sponsorship of the group-wide finance controls initiative. She was also part of a team that revolutionised the global finance reporting function.…


Added by CFO South Africa on May 17, 2012 at 11:30 — No Comments

Top JSE performer's secret to success

Calgro M3, a relatively low-key residential development company listed on the JSE, has again come under the spotlight prompting interest over its meteoric rise on the local bourse  in comparison to competitors like RBA and Sea Kay Holdings. CEO Ben Pierre Malherbe has attributed the company’s success partly to its fully integrated model in the property sector. Commenting specifically on Calgro’s…


Added by CFO South Africa on May 14, 2012 at 9:00 — No Comments

Is SA's job situation on a road to social Armageddon?

We have had some sobering, if not frightening statistics again on South Africa’s most critical problem – unemployment. According to Stats SA, the economy shed a net 75 000 jobs in the first quarter. This was despite growth in the agricultural sector, which gained 26 000 jobs and in private households, which created 33 000 jobs in the first quarter of 2012. In the last quarter of 2011, the formal sector shed 107 000…


Added by CFO South Africa on May 11, 2012 at 8:30 — No Comments

The impact of global economic trends on entrepreneurial activity in South Africa

As South Africa’s economy is susceptible to global trends, it is imperative that entrepreneurs are cognisant of both local and international economic trends, as they are undeniably going to play a role in the success of their company. This is according to economist Ulrich Joubert, speaking at the recent series of Sanlam / Business Partners Entrepreneur of the Year® competition workshops. According to Joubert, any economy operates within the framework of Government policies, be it fiscal or…


Added by CFO South Africa on May 10, 2012 at 16:00 — No Comments

Daryl Edwards – CFO Universal Coal: "Forward looking advisor in the business"

A well-informed insider, that is what the CFO of the future will look like, says Daryl Edwards, CFO of Universal Coal. “Continuous daily reading and research in industry and business matters will become art of daily life as the CFO acts as advisor to the Board.”


Daryl (35) is a qualified Chartered Accountant (SA) and a registered member of the South African Institute of Chartered Accountants and the Institute of Chartered Accountants in Australia, with over ten…


Added by CFO South Africa on May 8, 2012 at 9:30 — No Comments

JSE's best performers

Investing in local small-cap industrials at the beginning of the year would have been the winning formula for investors; putting money into precious metal stocks would not. Four of the five best performing JSE listed companies in terms of share price (capital) growth so far this year (excluding dividend pay-outs) have been smaller-capped companies with…


Added by CFO South Africa on May 2, 2012 at 12:30 — No Comments

Anthony Sher – CFO Adcorp: "A huge level of frustration"

“Regulation and legislation are synonymous to a huge level of frustration.” Anthony Mark Sher (40), CFO of Adcorp, is candidly annoyed by the ever changing requirements within corporate governance, and how that keeps him from doing things he actually should be doing. According to Anthony, things are unlikely to get any easier in the future.


Anthony is a Chartered Accountant and a Chartered Financial Analyst. He obtained his BCom and BAcc from the University of the…


Added by CFO South Africa on May 2, 2012 at 9:30 — No Comments

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