CFO South Africa's Blog (2,120)

InDox joins Finance Indaba 2017

InDox has joined Finance Indaba 2017 as a gold 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 September 20, 2017 at 8:00 — No Comments

Finance steaming into the cloud – survey

A major shift is taking place in how enterprises select their financial management applications, with a migration to cloud applications happening faster than expected, according to Gartner, Inc. A recent Gartner survey of senior finance executives found that by 2020, 36 percent of enterprises will use the cloud…

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

Discovery to open bank in 2018

Adrian Gore (pictured), Discovery CEO, has confirmed that the company is on track to open a bank next year. Gore was speaking at the group’s annual financial results presentation, where he described Discovery’s performance over the year as “robust”.…

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

Palladium signs up for Finance Indaba 2017

Palladium has joined Finance Indaba 2017 as a gold 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 September 19, 2017 at 10:00 — No Comments

Electrum joins Gartner innovation programme

Payments provider Electrum, has been selected to participate in the Gartner Aspiring Innovators Programme, which aims to highlight innovative providers of enterprise technology to attendees of the Gartner Symposium/ITxpo Africa 2017, which is being held in Cape Town from 18 to 21 September 2017. The audience includes…

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

Ensure the rationale behind an acquisition is sound, advises Telkom’s Deon Fredericks

The industry in which Telkom operates is competitive; the environment fluid and prone to frequent change, says Deon Fredericks, the company’s group chief financial officer. Because of this, it considered BCX (then known as Business Connexion) twice, the smaller company first…

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

Pick n Pay now accepting Bitcoin

For a limited time, customers at Pick n Pay’s head office campus store will be able to use the cryptocurrency Bitcoin to pay for their purchases.

The move, possibly a world-first for major grocery retailers, has been enabled by Electrum, a payments technology firm in Cape Town. According to the firm, the checkout…

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

Finance flash: the TOP-10 articles of week 37, 2017

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 18, 2017 at 15:00 — No Comments

TransUnion signs up for Finance Indaba 2017

TransUnion 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 September 18, 2017 at 10:00 — No Comments

Finance Indaba 2017: ACS-Embrace offers tailored ERP solutions

"Embrace empowers Finance professionals to adapt to and meet the challenges of a rapidly changing business and systems environment, so as to remain relevant and competitive within their industry," says Ian Foster, Sales & Marketing Director…

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

In-house banking now within reach: Treasury Technologies CEO Rudolph Janse van Rensburg explains

An in-house bank may be simply defined as an internal organisation which assumes some of the functions traditionally performed by external commercial banks to provide enhanced performance, transparency and control. Traditionally, the operation of an in-house bank was regarded by most finance executives to be the preserve of the largest corporations. Despite the…

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

CEOs must prioritise digital transformation to stay in business

New research by the Economist Intelligence Unit (EIU) has revealed that nearly 40 percent of CEOs currently have digital transformation at the very top of their boardroom agenda, with almost a quarter of them personally leading their company’s transformation programmes.

There is a high level of confidence (among 75…

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

Deon Viljoen relishes new CFO job at Discovery

“Invigorating!” That is what CFO of the Year 2015 Deon Viljoen called his first few months as CFO of Discovery, where he started in May this year, following a tough but celebrated tenure as Alexander Forbes CFO. “It has been a lot of fun, it has been busy, it has certainly been no controlled arrival,” said…

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Added by CFO South Africa on September 16, 2017 at 8:00 — No Comments

KPMG CEO, Trevor Hoole, resigns in wake of Gupta scandal

KPMG South Africa has undertaken a serious board clean-up in the aftermath of its dealings with the Guptas and the South African Revenue Service (SARS). Trevor Hoole (pictured), KPMG CEO in SA, was caught in the cross-hairs, and has since resigned. This, following a review of work done by the South…

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

Finance Indaba 2017: Nexia SAB&T is your bespoke financial services partner

"Nexia SAB&T provides an extensive range of professional services that are tailored to the specific requirements of our clients," says Ndumi Medupe, Chairperson of Nexia SAB&T, a silver partner at the …

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Added by CFO South Africa on September 15, 2017 at 8:00 — No Comments

Swiss accelerator open to African FinTechs

African FinTechs are able to apply for the prestigious Switzerland-based F10 accelerator.

F10 is a non-profit organisation that supports and guides startups, in partnership with SIX, PwC Switzerland, Julius Bär, Baloise Group, Generali Group Switzerland, ERI Bancaire and eny Finance.

The programme will…

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Added by CFO South Africa on September 15, 2017 at 6:00 — No Comments

Disruption alert: will CAs be redundant in 2025?

“We are experiencing a period of radical change,” says Mandi Olivier (pictured), senior executive for professional development at the South African Institute of Chartered Accountants (SAICA), when asked about the Fourth Industrial Revolution.

Globally, the chartered accounting profession is being asked to look into a crystal ball. No one can say with certainty what the…

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Added by CFO South Africa on September 14, 2017 at 15:00 — No Comments

Finance Indaba 2017: Futuresense ensures a bright financial future

"Futuresense exists to make complex company finance systems more efficient, reporting simpler and faster, and ultimately make the CFO’s life easier," says Steven Hyslop, Director of Futuresense, a silver partner at the …

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Added by CFO South Africa on September 14, 2017 at 8:00 — No Comments

Diverse staff and AI shaping workplace of the future – Deloitte

The future of work holds a myriad of possibilities for change that business needs to adapt to. In order to do so, we need to understand the interconnections between evolving technology, the demographics at play and what power dynamics are emerging as a result. The future of work is being shaped by two…

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Added by CFO South Africa on September 14, 2017 at 6:00 — No Comments

Comair profits up 54%

Comair Limited has released its annual financial results, reporting a 54 percent increase in profits, to R297 million, as well as a 28 percent increase in cash generated by its operations. Moreover, income generated by its non-airline brands now constitutes 20 percent of its earnings.…

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Added by CFO South Africa on September 13, 2017 at 19:00 — No Comments

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