October 2017 Articles (108)

Wilfred Ngubane: SMEs are our silent warriors

Small and medium enterprises (SMEs) are part of a very competitive universe and if they can’t survive in that universe, they risk withering away, said Wilfred Ngubane, CEO of Ngubane & Co, speaking last week at Finance Indaba Africa 2017, held at the Sandton Convention Centre.

  • Check out our …
Continue

Added by CFO South Africa on October 21, 2017 at 8:00 — No Comments

Show confidence, be brave, advise top CFOs at #findaba17

“When you work in a multinational you’re up against some seriously smart people,” said Zaf Mohamed, CFO for McDonald’s South Africa, speaking as part of a panel at last week’s Finance Indaba Africa 2017. Expectations are much higher in terms of accuracy and deadlines with the spotlight…

Continue

Added by CFO South Africa on October 21, 2017 at 6:00 — No Comments

Anglogold Ashanti sells mines, raises $307 million

Anglogold Ashanti has announced that it will sell its newest gold mine, the Moab Khotsong mine, to Harmony Gold for $300 million, along with another mine, the Kopanang mine, to China’s Heaven-Sent SA Sunshine Investment Company, for $7.4 million.

  • Hear what Anglogold Ashanti CFO,…
Continue

Added by CFO South Africa on October 20, 2017 at 15:00 — No Comments

I am Jack Frost’s Paul Steenkamp: We are all inherently creative

“Who killed our creativity?” asked founder and CEO of I am Jack Frost, Paul Steenkamp, during Finance Indaba Africa 2017, held last week at the Sandton Convention Centre.

Continue

Added by CFO South Africa on October 20, 2017 at 8:00 — No Comments

Service and integrity first, say public sector CFOs

Navigating your way to success in the public sector is a matter of hard work, strategic thinking, a duty to serve, and – hopefully – uncompromising integrity, according to Ramasela Ganda and Rajesh Mahabeer. The two were sharing the stage as part of a panel discussion at the second annual Finance Indaba…

Continue

Added by CFO South Africa on October 20, 2017 at 6:00 — No Comments

Gaze into the crystal ball at CFO Summit 6

T hese are precarious times and it is difficult to know which way to turn or predict the turn of events, whether on a business or personal level.

With this in mind, the final CFO Summit of the year on 16 November in Sandton will feature a keynote address by respected economist,…

Continue

Added by CFO South Africa on October 20, 2017 at 6:00 — No Comments

FedGroup acquires controlling stake in Emergent Energy

Financial services provider FedGroup has announced its acquisition of a controlling stake in Emergent Energy, the largest provider of installed solar photovoltaic (PV) commercial projects in South Africa. 

The strategic acquisition aims to vertically integrate FedGroup's pioneering…

Continue

Added by CFO South Africa on October 19, 2017 at 18:00 — No Comments

Brian Riley, African Bank CEO, steps down

African Bank has announced that its CEO, Brian Riley, intends to step down at the end of March next year. He will, however, remain on the board as a director from 1 April 2018.

Riley joined African Bank as CEO designate on 1 May 2015, assuming the role of CEO of the newly restructured group when the bank launched on 4 April,…

Continue

Added by CFO South Africa on October 19, 2017 at 15:00 — No Comments

UK CFO optimism rebounds – Deloitte

Optimism among UK-based CFOs has recovered from its post-election low and is close to levels seen at the end of last year, according to Deloitte’s latest CFO Survey.

However, while perceptions of uncertainty have eased, corporate risk appetite remains below its long-term average and CFOs maintain…

Continue

Added by CFO South Africa on October 19, 2017 at 8:00 — No Comments

Take care of your people, says Vodacom’s Matimba Mbungela

"Sometimes I think we overemphasize the success of a business in relation to the numbers and the commercial propositions, instead of the person behind,” said Vodacom CHRO Matimba Mbungela, speaking last week at Finance Indaba Africa 2017, in a session about what CHROs wish accounts knew.

This is one of the…

Continue

Added by CFO South Africa on October 19, 2017 at 8:00 — No Comments

Africa is perfectly positioned for digitisation: Kerushan Govender at #findaba17

The First World must destroy heavy machinery in order to make room for new technological developments, but because Africa was never highly developed, digitisation can happen faster, Kerushan Govender of Blacfox told technology enthusiasts last week at Finance Indaba Africa 2017, held at the Sandton…

Continue

Added by CFO South Africa on October 19, 2017 at 6:00 — No Comments

Stadio to buy Milpark Education

Stadio, the JSE-listed investment firm with links to Curro, which recently announced its plans to develop private higher education institutions in South Africa, has announced that it will be buying the 20-year-old educational institution, Milpark Education, for R320 million

Picured: Dr Chris van der Merwe, Stadio…

Continue

Added by CFO South Africa on October 18, 2017 at 19:00 — No Comments

6 greatest pitches of the African FinTech Awards 2017

The African FinTech Awards 2017 ended in a historic tie between ThisIsMe and reigning champion EasyEquities for the title of overall winner, but there were many fascinating pitches during an intense two days at the Finance Indaba Africa at the Sandton…

Continue

Added by CFO South Africa on October 18, 2017 at 11:00 — No Comments

Is robotic automation a given, asks Blackline’s Josh May?

Robotic process automation will not replace accountants. In fact, automation can only make life easier, believes Josh May, senior solutions consultant and product manager at Blackline, who spoke last week at Finance Indaba Africa 2017, held at the Sandton Convention Centre.

  • Check out our …
Continue

Added by CFO South Africa on October 18, 2017 at 8:00 — No Comments

The tech-savvy CFO holds the power

It is vitally important for today’s CFO to be tech-savvy, though they should resist the urge to purchase technology for technology’s sake and instead respond to the needs of the business. This was the advice of Christine Ramon, CFO of AngloGold Ashanti, and Wayne Koonin, CFO of Omnia…

Continue

Added by CFO South Africa on October 18, 2017 at 6:00 — No Comments

Delta acquires stake in National Breweries of Zambia

The Zimbabwe-based associate of AB InBev, Delta Corporation, is finalising a deal to acquire a controlling stake in National Breweries of Zambia, the leading sorghum beer producer in Zambia.

Delta said in a statement that this investment opportunity fitted “well with the company’s multi-beverage strategy”. It…

Continue

Added by CFO South Africa on October 17, 2017 at 15:00 — No Comments

On a mission to end global money laundering – DocFox at the African FinTech Awards

Ryan Canin, the CEO of DocFox, which has gone from software development to a truly global business a verification and authentication FinTech, put on a rollicking masterclass in front of a packed house at the African FinTech Awards at the Finance Indaba Africa on 12…

Continue

Added by CFO South Africa on October 17, 2017 at 11:00 — No Comments

To do an MBA or not to do an MBA? Monash's Corne Meintjies weighs it up

If you compare entrepreneurship with what a traditional MBA entails, you tend to find a little bit of a contradiction, said Dr Corne Meintjies, MBA Programme Coordinator and Senior Lecturer at Monash South Africa, speaking last week at Finance Indaba Africa 2017.

  • Check out our …
Continue

Added by CFO South Africa on October 17, 2017 at 8:00 — No Comments

Accounting with integrity, Dr Sarah Bux at #findaba17

With stories of corruption and mismanagement rife in South Africa, there is one thing that will keep us afloat in extraordinary times. “Technology is one of the biggest drivers of change,” said Dr Sarah Bux, associate director for South Africa – management accounting at the Chartered Institute of Management Accountants (CIMA), speaking…

Continue

Added by CFO South Africa on October 17, 2017 at 6:00 — No Comments

Discovery’s banking licence approved

The Registrar of Banks, part of the SA Reserve Bank, headed by Deputy Reserve Bank Governor Kuben Naidoo, has granted Discovery its banking licence.

Continue

Added by CFO South Africa on October 16, 2017 at 19:00 — 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