A tour of the cape winelands offers CFOs a chance to connect
“It’s very interesting that when you look at some of the international benchmarks, South Africa is ranked tenth in the world when it comes to protecting investors from directors. That’s a CFO’s responsibility,” said Wesgro CEO Nils Flaatten.
Flaatten said this showed SA’s CFOs were serious about their jobs and that there was a regulatory framework to…Continue
Added by CFO South Africa on November 28, 2014 at 12:00 — No Comments
Added by CFO South Africa on November 27, 2014 at 9:00 — No Comments
A stark reminder that ‘living the brand’ is not only important for CEOs and marketing gurus came this week when Twitter CFO Anthony Noto accidentally tweeted sensitive information about a pending acquisition. If the CFO doesn't know how to use his own product, how should the rest of the world? It…Continue
Added by Joël Roerig on November 26, 2014 at 8:30 — No Comments
“A platform like CFO South Africa is very useful,” says Talelani Enos Ramaru, Chief Financial Officer at The Congress of South African Trade Unions (COSATU). “There is a lot of innovation happening and as a CFO you have to know about it,” says Ramaru, who is proud of the work he has done to bring stability to the trade union federation’s finance team.
“When I joined COSATU financial system controls were lacking,” says Ramaru, who joined the federation five years ago. The…Continue
Added by CFO South Africa on November 25, 2014 at 12:30 — No Comments
M&A transactions are game changers for companies. They are usually large transactions when compared to other capital investments and tie up substantial resources and focus. They are normally also…Continue
Added by CFO South Africa on November 24, 2014 at 8:30 — No Comments
Heeding a call many Chief Financial Officers in the public sector have made over the last year or so, CFO South Africa has established a separate chapter for public CFOs. The Public Finance Chapter will give CFOs of departments, municipalities and other governmental bodies the opportunity to share knowledge,…Continue
Added by Joël Roerig on November 21, 2014 at 9:00 — No Comments
Added by CFO South Africa on November 20, 2014 at 12:30 — No Comments
I am a little bit biased, but for me the biggest CFO news this week was the fact that several members of the panel of judges for this year’s CFO Awards have committed themselves to adjudicate the 2015 CFO Awards as well. As of today, we have been…Continue
Added by Joël Roerig on November 19, 2014 at 10:30 — No Comments
Decisiveness is one of the most important characteristics of a good CFO, says Clint Capitano, Chief Financial Officer at loss adjusting firm Cunningham Lindsey. “People procrastinate and take a long time to take decisions; being decisive is one of my strongest points. I do research, get the information I need, take a decision and move on. I get things done and live with the consequences of my decisions.”
Capitano has a long history at accounting and advisory firm PwC, but…Continue
Added by CFO South Africa on November 18, 2014 at 10:00 — No Comments
Last week UCT Professor Alex Watson gave her view on the upcoming CA examination changes. This week Veli Mcobothi*, a CA (SA) and director at investment and advisory business Cinga…Continue
Added by CFO South Africa on November 17, 2014 at 9:36 — No Comments
“I was so happy to be here today because it has given me the confidence that we have capable financial skills here in South Africa,” said Dr Ivan Meyer, minister for finance in the Western Cape after attending the CFO South Africa event Risk, Compliance & Control Forum at the Cape Town Club on Thursday night. “This CFO forum confirmed to me that the CFOs in the public and private sectors are very capable.”
Meyer was initially muted on the country’s ability to provide…Continue
Added by CFO South Africa on November 14, 2014 at 8:30 — No Comments
Added by CFO South Africa on November 13, 2014 at 11:56 — No Comments
Only a few days after professional services firm KPMG announced a ground-breaking partnership with CFO South Africa, one of the architects of that collaboration got a new job – as a CFO! From 1 February 2015 KPMG Africa COO Anthony Thunström will replace the retiring Ronnie Stein as CFO…Continue
Added by Joël Roerig on November 12, 2014 at 16:00 — No Comments
“What makes me get out of bed in the morning is the contribution that I think I can make to the plight of the unemployed in South Africa,” says Vuyo Mafata, CFO at the Unemployment Insurance Fund (UIF). In this interview Mafata talks about the challenges of being a CFO in a governmental organisation and the exciting responsibility he has of managing an investment portfolio of more than R100 billion.
Mafata has been with the UIF since 2005 and has worked as CFO since 2012. He…Continue
Added by CFO South Africa on November 11, 2014 at 10:00 — No Comments
Close to three quarters of CFOs of listed South African companies are South African Chartered Accountants (SAICA research published October 2014).…Continue
Added by CFO South Africa on November 10, 2014 at 10:00 — No Comments
Professional services firm KPMG will be the principal sponsor for the next year of CFO South Africa, the dedicated networking and knowledge sharing platform for CFOs and Financial Directors. In addition to sponsoring six events, KPMG will be also be the main partner for the 2015 CFO Awards, a prestigious gala event that recognises leaders in South Africa’s finance world.
Announcing the partnership, Moses Kgosana, CEO for KPMG in Southern Africa said “CFOs are our biggest…Continue
Added by CFO South Africa on November 7, 2014 at 14:51 — No Comments
Last week on the plane from Accra to Amsterdam, the lady next to me asked me: “Do you work for a NGO or for the government?” “Neither, I represent a private company and I just visited our branch office in Ghana”, I replied. This question from my fellow traveler illustrates the out-of-date image that many people still have of Africa: Africa as the continent where aid dominates the economy and all countries are the same.
Obviously, this image does not comply with reality.…Continue
Added by CFO South Africa on November 3, 2014 at 10:30 — No Comments