July 2017 Articles (91)

David Meads new Cisco VP for Middle East and Africa

Cisco has appointed David Meads (pictured) as the new Vice President of its Middle East and Africa operations. Meads, in this newly created role, will oversee the execution of the company’s strategy in these two regions, ensuring the technology leader maintains its momentum at the…

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Added by CFO South Africa on July 31, 2017 at 19:00 — No Comments

FinTech investment goes through the roof in 2017

FinTech start-ups are set to break funding records in 2017, as record as insurance, wealth management, lending and blockchain-related companies attract unprecedented investment.

According to a new report from technology industry research firm CB Insights, there have been 496 global FinTech deals thus far in…

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Added by CFO South Africa on July 31, 2017 at 8:00 — No Comments

Alternative Circle signs up for Finance Indaba 2017

Alternative Circle has joined Finance Indaba 2017 as a silver 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 31, 2017 at 8:00 — No Comments

CFO of the Year Till Streichert shares his CFO challenges

Vodacom’s Till Streichert, CFO of the Year 2017, talks us through six of the biggest issues he has faced while being a CFO. “I love my job and the profession.”

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Added by CFO South Africa on July 31, 2017 at 6:00 — No Comments

Convergence Partners exits Dimension Data investment

Convergence Partners Investments announced this week that it has exited its investment in Dimension Data, a specialist IT services and solutions company.

In a statement, Convergence Partners, which focuses on the TMT sector in Africa, noted that the term of its investment contract with Dimension Data had come to…

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Added by CFO South Africa on July 30, 2017 at 8:00 — No Comments

Telkom announces its plans for Gyro

Telkom has announced its plans for the recently spun out subsidiary, Gyro, which was made responsible for managing the company’s masts and towers, as well as its property development and property management services, from 1 April this year.

Pictured: Deon Fredericks, Telkom Group CFO

The Group said:

“Our benefit…

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Added by CFO South Africa on July 29, 2017 at 8:00 — No Comments

Eskom CFO Anoj Singh suspended

Eskom’s board of directors yesterday suspended CFO Anoj Singh (pictured) after the state-owned entity received threats from lenders saying that they would recall their loans if no action was taken. Allegations of corruption at the power utility recently implicated the CFO as the ongoing ‘Gupta leaks’ scandal plays out.…

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Added by CFO South Africa on July 28, 2017 at 15:00 — No Comments

Qlik Master Reseller signs up for Finance Indaba 2017

Qlik Master Reseller 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 28, 2017 at 10:00 — No Comments

Total and Worldline sign agreement with African FinTech InTouch

Total and Worldline have signed binding technological, commercial and financing agreements with African FinTech InTouch.

Under the agreements, Total and Worldline will support the deployment of the Guichet Unique solution in eight African countries — Burkina…

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Added by CFO South Africa on July 28, 2017 at 8:00 — No Comments

"Valuable insights and networking opportunities" at CFO Summit Series

The CFO Summit Series is an initiative from CFO South Africa to encourage networking and knowledge-sharing among finance professionals. Having only having been launched this year, with four instalments thus far, the series has taken off, with amazing feedback from guests.

The latest in the series took place in…

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Added by CFO South Africa on July 28, 2017 at 6:00 — No Comments

PPC CEO, Darryll Castle, resigns with immediate effect

PPC has announced that its CEO, Darryll Castle (pictured), has "agreed to part ways", with immediate effect. According to a statement, Johan Claassen, MD of the cement maker’s South African operations, will take over as interim CEO until a permanent appointment can be made.

PPC…

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Added by CFO South Africa on July 27, 2017 at 15:00 — No Comments

Futuresense joins Finance Indaba 2017

Futuresense has joined Finance Indaba 2017 as a silver 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 27, 2017 at 8:00 — No Comments

5 tips for CFOs in their first 100 days

Assuming the mantle of CFO can be a nerve-wracking experience. The first 100 days can be among the most challenging and stressful of your career. All too often, organisations expect new hires to sink or swim and use their own initiative to get by. At the same time, this period represents an enormous opportunity to…

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Added by CFO South Africa on July 27, 2017 at 6:00 — No Comments

New acting CEO and CFO of SABC appointed

The SABC has appointed an interim CEO and an interim CFO: Nomsa Philiso and Thabile Dlamini have been appointed acting CEO and CFO respectively. This, following the recent resignation of James Aguma (pictured), who had served in both these executive roles.…

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Added by CFO South Africa on July 26, 2017 at 19:00 — No Comments

Robust business conversations drive a high-quality audit, says Deloitte’s Andrew Mackie

“I would encourage every incoming CFO to find a way to do some deep thinking as to who they are and how to fill the role,” says Andrew Mackie, Deloitte’s new Head of Audit & Assurance for Africa, comprising 15 countries and 185 partners. In this interview, Andrew talks to CFO South Africa about his passion for audit and transformation, the…

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

Decision Inc. joins Finance Indaba 2017

Decision Inc. 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 26, 2017 at 8:00 — No Comments

Amplats swings into the red

Anglo American Platinum (Amplats), the world's leading producer of the precious metal, reported a loss during the first half of 2017 due to a stronger local currency, impairments and lower sales, it said in its interim results statement on Monday.

Anglo American Platinum (Amplats),…

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Added by CFO South Africa on July 26, 2017 at 7:15 — No Comments

SA executives paid top dollar

According to a recently released report by PricewaterhouseCoopers (PwC), CEOs of the top 10 JSE-listed companies take home an average pay of R24.6 million. CFOs, it said, earn around R13.8 million, and executive directors R7.7 million.

PwC released these figures as part of the ninth edition of its Executive Directors’ Remuneration and Practices report,…

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

Network Recruitment joins Finance Indaba 2017

Network Recruitment 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 25, 2017 at 10:00 — No Comments

Visa partners with Kenyan FinTech JamboPay

Global payments technology company Visa has partnered with Kenyan online payment gateway JamboPay to enable its merchants to facilitate mVisa Payments.

Consumers will now be able to use Visa's mobile payment solution, mVisa, at leading restaurants and supermarkets, and to pay for utilities such as water,…

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

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