September 2016 Articles (73)

Finance Indaba programme: High Performance Finance - #findaba16

The Finance Indaba Africa 2016 is almost upon us and it is time to start looking at what exactly lies ahead at the Sandton Convention Centre on 13 and 14 October 2016. Every day until the event, we will shine a light on the parts of the amazing programme.…

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Added by CFO South Africa on September 30, 2016 at 14:00 — No Comments

Finance Indaba programme: Careers on the couch - #findaba16

The Finance Indaba Africa 2016 is almost upon us and it is time to start looking at what exactly lies ahead at the Sandton Convention Centre on 13 and 14 October 2016. Every day until the event, we will shine a light on the parts of the amazing programme.…

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

KPMG’s Shirley Ivason-Wagener cautions against technology-enabled fraud

More sophisticated and data-driven processes within business operations come with increased online activity and agility on the part of employees, though consideration must be given to the fact that with this increased online activity is increased potential risk to the business –particularly the growing occurrence of technology-enabled…

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Added by CFO South Africa on September 30, 2016 at 8:00 — No Comments

Finance Indaba programme: Finance for Africa - #findaba16

The Finance Indaba Africa 2016 is almost upon us and it is time to start looking at what exactly lies ahead at the Sandton Convention Centre on 13 and 14 October 2016. Every day until the event, we will shine a light on the parts of the amazing programme. Today:…

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

We are hiring! Are you a young, computer savvy social media and marketing fundi?

Are you looking for a great job in a fast growing international company? You have found it. This is an awesome chance for young and talented computer savvy social media and marketing fundi. A great challenge for an enthusiastic professional that wants to make a real contribution to the company -…

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Added by CFO South Africa on September 29, 2016 at 9:00 — No Comments

Finance Indaba programme: the Future of Finance - #findaba16

The Finance Indaba Africa 2016 is almost upon us and it is time to start looking at what exactly lies ahead at the Sandton Convention Centre on 13 and 14 October 2016. Every day until the event, we will shine a light on the parts of the amazing programme. Today: the…

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Added by CFO South Africa on September 29, 2016 at 7:00 — No Comments

Finance Indaba 2016: Bytes gets you ahead of the game

"Kronos WM applications are crucial in enabling greater visibility into labour activities for the purposes of effectively managing and maximizing worker productivity, controlling labour costs, tracking operational tasks and minimizing compliance…

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Added by CFO South Africa on September 29, 2016 at 6:00 — No Comments

Finance Indaba: spectacular openings and awards ceremonies - #findaba16

The Finance Indaba Africa 2016 is almost upon us and it is time to start looking at what exactly lies ahead at the Sandton Convention Centre on 13 and 14 October 2016. Every day until the event, we will shine a light on…

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Added by CFO South Africa on September 28, 2016 at 13:00 — No Comments

Meet cricket’s new auditor: Nkonki partner Zakhele Nkosi

Earlier this month, Cricket South Africa (CSA) made the landmark decision to appoint black-owned firm Nkonki as auditor for the organisation and all its members. For many years, CSA was audited by Deloitte and the clubs each had their own auditors. The man tasked with…

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

Feeding a passion for growth: a chat to Finance Indaba founder Alex van Groningen

“We have been blown away by the number of partners and visitors the Finance Indaba Africa is attracting in its very first year,” says Alex van Groningen, the Dutch entrepreneur behind the successful knowledge sharing event on 13 and 14 October 2016 at the Sandton…

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Added by CFO South Africa on September 28, 2016 at 8:00 — No Comments

Sibanye Gold CFO Charl Keyter talks risks and results

Charl Keyter was first introduced to mining as a child, when he used to visit the Gold Fields operations with his dad’s cousin. He was fascinated. “The atmosphere on the mines in those days was almost holiday-like,” he recalls. “Maybe because we only ever spent a day or a week there, every so often, but the…

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Added by CFO South Africa on September 27, 2016 at 8:00 — No Comments

Finance Indaba 2016: Cassel & Co is your financial recruitment specialist

"We have deep insights into the industry, including regulatory and governance issues, which makes the recruitment process much smoother and more professional, both from a candidate and a client perspective," says Georgina Barrick, MD of Cassel & Co, a silver…

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Added by CFO South Africa on September 27, 2016 at 6:00 — No Comments

Finance flash: the TOP-10 articles of week 38

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 September 26, 2016 at 15:00 — No Comments

Complying with the new BEE codes – EY’s Sugan Palanee on how to get started

The BEE journey must not be seen as just another a tick-box exercise, says Sugan Palanee, Head of BEE Services at EY. Rather, it should be viewed as an evolutionary journey which, while it may come with several challenges, will bring with it as many opportunities that will benefit the entire business ecosystem.

“This will…

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

Edcon loses the battle; gets taken over

Struggling South African clothes retailer Edcon has been taken over by banks and bondholders, including Standard Bank, Barclays Africa Group and FirstRand. Furthermore, creditors in Edcon have agreed to substitute R21 billion in debt for equity control of the retailer.



The retailer has been struggling with an…

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

Sasfin profits rise

Sasfin has successfully circumvented the effects of the currently tough economic environment to grow shareholder value by 29%. Operating profit improved 31% (from R232 million in 2015 to R304 million), while profit was up 23.7%, to R238.7m. In addition, total income growth was up 25.1%.



Tyrone Soondarjee (pictured), Sasfin group…

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

Ramaphosa sells McDonald’s SA franchises to Middle Eastern company

Shanduka Group, founded Cyril Ramaphosa (pictured) in 2001, has sold the local operations of McDonald’s Corp. to a Middle Eastern company, the Emirates-based MSA Holdings, for an undisclosed amount.



In March 2011, Ramaphosa secured a 20-year agreement to run 145 McDonald’s restaurants in South Africa.…

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

Five top trends in finance and technology from KPMG’s Frank Rizzo

What are the five hottest tech trends that finance teams should be aware of? Frank Rizzo is revealing all during a thought-provoking presentation at the Finance Indaba Africa (13 October 13.30 - 14.15  in Ballroom 4 of the Sandton…

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

Finance Indaba 2016: Harness Lorge's business system expertise

"Over the past 30 years, the consistency of our expertise in business systems has earned us an award-winning reputation," says Jurgens Snyman, CEO of Lorge, a silver partner at the Finance Indaba Africa…

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Added by CFO South Africa on September 23, 2016 at 6:00 — No Comments

S&P downgrades Nigeria further into junk status

S&P Global Ratings has downgraded Nigeria, Africa’s most populous nation, further into junk territory, taking the country’s rating one level to B, five levels below investment grade (in line with Kyrgyzstan and Angola), and changing the outlook from negative to stable.



S&P said in a…

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

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