May 2013 Articles (18)

CFO South Africa Newsletter May 22nd 2013

Dear CFO South Africa member,

Good day! Hope you had a great start to your week. Thank you for participating with us online with CFO South Africa - here is this week’s update.

3 CFO South Africa Events last week a huge success

CFO Round Table, Master Class & Café in Cape Town

South African CFOs find common ground, May 14th at the…

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Added by CFO South Africa on May 22, 2013 at 17:00 — No Comments

Robin Beetge, Managing Director ReadSoft Southern Africa: Improving the yield from the green fields of Southern Africa’s business

If I had to use one word to sum up the Southern African region right now it would be optimism. It is incredibly encouraging to see the growth in the region, driven by an expanding economy, and this is translating into a market with strong international reach and growing opportunities within corporates and…

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Added by CFO South Africa on May 22, 2013 at 13:30 — No Comments

Carl Endenburg, Director SET Recruitment: Embedded with our clients

SET Recruitment Consultants is working with certain education bodies on a number of innovations, says said Carl Endenburg, one of the directors and owners of the company. One of the fun events that they will help organise is a recruitment drive where employers can meet newly qualified Chartered Accountants using a recruitment seminar model in order to introduce prospective employers and employees.

Endenburg recently met with CFO South Africa to talk about high-level…

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Added by CFO South Africa on May 21, 2013 at 14:00 — No Comments

Asher Bohbot, CEO EOH: doing things right the first time

“We have a philosophy of employing the best people. Our success is about people, not about technology.” Those are the words of Asher Bohbot, founder and CEO of the South African IT company EOH. Bohbot on Friday spoke with CFO South Africa and explained how he has managed to grow a company in 15 years from scratch to a market leader of 6,500 employees. “Our motto is: doing things right the first time.”

According to Bohbot the EOH-staff combines best business practices with…

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Added by CFO South Africa on May 17, 2013 at 17:30 — No Comments

Lesley-Anne Wilkinson and Wilfred Ascott (IBM): talking about Globally Integrated Enterprises

“The journey that we have made as IBM to become a Globally Integrated Enterprise is something we like to talk about,” explained Lesley-Anne Wilkinson, who heads up the IBM Institute for Business Value in the Middle East and Africa. Together with her marketing colleague Wilfred Ascott, Wilkinson on Friday met with…

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Added by CFO South Africa on May 17, 2013 at 12:30 — No Comments

CFO Round Table: 'Transforming a day in the life of a CFO'

From left to right: Juan Mostert (Dell South and Central Africa), Grant Scrutton (Winhold), Ranga Mabgwe (Stewart Scott International Mafuri), Melle Eijckelhoff (CFO South Africa), Philip Nottingham (abe Construction Chemicals), Alain Ozan (Oracle), Craig Coltman (De Beers) and Sandeep Gandhi (Village Reef Gold Mining Company). Other participants were: Anbann Chetti (Nedbank Corporate Banking), Ian Graham (General Electric Oil & Gas & General…

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Added by CFO South Africa on May 16, 2013 at 17:30 — No Comments

Craig Thompson, Managing Director Michael Page: Advice for young CAs

“Don’t take the first job you get offered, when you have just done your articles,” says Craig Thompson, Managing Director in South Africa for recruitment firm Michael Page. On Thursday Thompson met with Melle Eijckelhoff, director of CFO South Africa, the networking platform for CFOs and Finance professionals.

Thompson and Eijckellhof discussed the job market in South Africa and in the rest of the continent and the success formula of Michael Page. Thompson also had some in…

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Added by CFO South Africa on May 16, 2013 at 13:30 — No Comments

Top CFOs discuss challenges during Executive Dinner

From left to right in the picture: Steffie Bosman (CFO SA), Peter Walsh (Servest), Melle Eijckelhoff (CFO SA), Kudakwashe Chipanda (Johnson & Johnson Medical), Eric van Marle (Transparent), Morrison Smit (Ardor SA), Ranga Mabgwe (Stewart Scott International ), Jobo Moshesh (SITA), Errol Campbell (Edenred South Africa), Amanda Albäck (Tongaat Hulett Starch), Mariette Ebersohn (Mango Airlines) and Carolina van der Ark…

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Added by CFO South Africa on May 15, 2013 at 22:30 — No Comments

Victor Sekese, CEO SizweNtsalubaGobodo: CFOs struggle with sustainability

“I have pity for CFOs,” says Victor Sekese and for the first time in the interview his characteristic thundering laugh is lacking. The Chief Executive Officer of accounting firm SizweNtsalubaGobodo has an intimate understanding of the tricky position many South African financial bosses find themselves in these days. “They are in a very difficult position, because the economy is down but they have to look at the long term business. If they don’t invest, they lose out.”

Sekese…

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Added by CFO South Africa on May 15, 2013 at 11:30 — No Comments

South African CFOs find common ground

From left to right in the picture: Michael Van Straten (Servest), Ronel Van Dijk (Spur Group), Rolam Ait Si Birouk CFO (Ropetec), Ian Blackie (Wesgro), Liezl Myburgh (Sanlam Investement Services), Van Zyl Botha (Randgold & Exploration Company), Graham Meyer (Tellumat), Alain Ozan (Oracle), Callen Hodgskiss (HPCA), Pieter Bensch (Oracle), Bhavana Sewlall-Singh (Western Cape Government) and Melle Eijckelhoff (CFO SA).…

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Added by CFO South Africa on May 14, 2013 at 17:30 — No Comments

Jonathan Lang, Head Bowman Gilfillan Africa Group: Expanding into Africa

“Our vision is to build a group network of offices in eight to twelve African countries,” said Jonathan Lang, head of the law firm Bowman Gilfillan Africa Group. On Tuesday Lang met with Melle Eijckelhoff of CFO South Africa, the fast growing CFO-platform for networking and knowledge sharing in the country. They discussed the legal and financial challenges of South African finance professionals especially those venturing further into Africa.

With a 100-year track record of…

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Added by CFO South Africa on May 14, 2013 at 13:00 — No Comments

Bradley Barr and Hugo Lambrechts, CA Global: looking for the complete CFO

Companies that operate in Africa are usually looking for accountants with broad experience in sectors like manufacturing and acquisitions to fulfil their CFO roles. “Those people are rare,” says Bradley Barr, founder and partner of recruitment firm CA Global. “We need candidates that have a complete background,” adds Hugo Lambrechts, who is in charge of executive search for the company.

On Monday Barr and Lambrechts met with Melle Eijckelhoff and Steffie Bosman of CFO South…

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Added by CFO South Africa on May 13, 2013 at 17:30 — No Comments

Kent Karro, Senior Partner Horwath Zeller Karro: Keeping up with the taxes

“In my field we have to run faster and faster to stay in the same place,” says Kent Karro, partner and chairman of the Cape Town based consulting firm Horwath Zeller Karro. On Monday Karro met with Melle Eijckelhoff and Steffie Bosman of CFO South Africa, the leading networking platform for CFOs and finance professionals in South Africa. He provided a great number of fascinating and eloquent insights into the ever-changing tax landcape in South Africa.

“The emphasis these…

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Added by CFO South Africa on May 13, 2013 at 12:30 — No Comments

keeping up with changes in IFRSs

IFRSs are continuously changing yet the JSE is getting thorough with its reviews of Annual Financial Statements (AFS) of listed entities.

A number of companies have received a plethora of queries from the JSE with some being sent to Financial Reporting Investigation Panel (FRIP). So how do CFOs pro-actively manage this when they have other more demanding responsibilities?

Many CFOs have employed young CAs who are "in touch" with IFRSs but they are still receiving JSE…

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Added by Rodgers Mavhiki on May 13, 2013 at 9:00 — No Comments

IMF Sees Positive Outlook for Sub-Saharan Africa

The near-term outlook for Sub-Saharan Africa (SSA) remains broadly positive, with growth projected to accelerate modestly to around 5½ percent in 2013–14, following a year of strong growth in 2012, the International Monetary Fund (IMF) said today. In its May 2013 Regional Economic Outlook, Building Momentum in a Multi-Speed…

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Added by CFO South Africa on May 13, 2013 at 9:00 — No Comments

CFO South Africa Newsletter May 8th 2013

Good day! Hope you had a great start to your week and thanks for participating with us online in the CFO South Africa group - here is this week’s update

Last chance to register for the CFO Cafés next week!

Only 1 week and the 2 CFO South Africa events will take place on May 14th in Cape Town and May 16th in Johannesburg. More than 150 CFOs, Finance Directors and other finance professionals will…

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Added by CFO South Africa on May 8, 2013 at 16:30 — No Comments

Jo-Ann Pohl, CFO Standard Chartered Bank: Why CFOs are like parents

Top finance professionals are oft times like parents, remarks Jo-Ann Pohl.  “You have to make tough decisions that are right for the business which people might only appreciate or understand much later. Sometimes, you are around long enough to hear the  thank you. And sometimes you need to simply be assured that the decision was appropriate at the time,” says Pohl.

CFO South Africa recently spoke to Pohl,…

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Added by CFO South Africa on May 2, 2013 at 14:30 — No Comments

Delphine Maidou, CEO Allianz AGCS: South Africa as springboard

(In the picture: Delphine Maidou (Allianz) and Melle Eijckelhoff (CFO South AFrica)

When a global corporate underwriter like Allianz gives South Africa the green light, it’s a sign that something good must be brewing. “South Africa is a springboard into Africa for many companies. We follow our customers into the continent,” says Burkina Faso-born Delphine Maidoo, who has done a substantial amount of homework to prepare for her role of…

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Added by CFO South Africa on May 2, 2013 at 14:00 — No Comments

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