Your source for the latest news, expert insights and interviews.
Deon Raju, who has spent his entire career at Absa, has been appointed as the bank’s new group FD. Having recently bought e-commerce retailer Drink Nil, serial entrepreneur and CA(SA) Ayanda Mvandaba has seen an opportunity for South Africa to compete in the international non-alcoholic drinks market. FNB Commercial Banking CFO Melissa Stevens unpacks some of the challenges she’s facing when it comes to the recruitment and development of her finance team. The cloud solutions company joins the line-up of partners showcasing their services at the Finance Indaba on 10 October. CFO South Africa and Maarten de Borst hosted a workshop for finance executives and a masterclass for their teams diving into the benefits of using ChatGPT and generative AI to improve efficiencies at work. DRDGold CFO Riaan Davel joins the list of leaders competing for the CFO of the Year title. Bruce Bydawell has spent the last five years as the CFO of AlexForbes, implementing a new strategy for the company and transforming its finance function. Following many shutdowns in the industry, GVK-Siya Zama CFO John de Sousa unpacks the outlook for the construction industry and reveals what both the government and private sector can do to help turn this around. Motus Corporation CFO Ockert Janse van Rensburg has been promoted to the group’s CEO, taking over from Osman Arbee, who is retiring. CFO Rebecca Pole reveals the work Dimension Data’s finance and management teams have put into rebranding the IT company, now called NTT Data, and rolling out global best practices. FEM CFO Yusuf Bodiat has resigned and will step down later this year, when he takes up a new opportunity at another insurer. Nedbank CFO Mike Davis joins the list of leaders competing for the CFO of the Year title. Sasfin Bank CFO Harriet Heymans’s leadership style has helped the company through some challenging times over the last year, and she’s empowering others to do the same. Bestmed CFO Jessogan Chetty has spent the bulk of his career working in the education and health sectors, where he knows he can make a difference. The automation software company joins the line-up of partners for this year’s Finance Indaba, taking place on 10 October. Following the resignation of CFO Michael Sucher, Wiehann Joubert has been appointed as acting CFO. Department of Justice and Constitutional Development CFO Irene Singo joins the list of leaders competing for the CFO of the Year title. Mercedes-Benz South Africa CFO Taryn Woodbridge uses her unique culture to lead with diversity and unity. Standard Bank of South Africa’s Preshanta Govender reveals why she believes CFOs need to also become value managers in their organisations to navigate increasing challenges. Batandwa Damoyi has been appointed as the new CFO of PIC, and will take over from Brian Mavuka. Former Mr Price CFO Mark Stirton has joined New Zealand retailer The Warehouse with effect from 1 April. As economic outcomes in South Africa weaken, Nedbank CFO Mike Davis explains what businesses and government can do to improve the country’s GDP growth. The South African Qualifications Authority CFO joins the list of leaders competing for the CFO of the Year title. To address some of South Africa’s biggest challenges at the moment, including the power, water and transport issues, Information Regulator CFO Glen Zulu believes the public and private sector need to identify partnership opportunities. Ralph Buddle will take over as TFG’s new CFO starting 1 April, seeing acting FD Anthony Thunström resume his CEO role full-time. Paul Masson pitched up at Deloitte for his articles 15 years ago in a lime green shirt, and still ensures he leads with his unique personality today as the CFO of Float. The data and information company will be exhibiting at this year’s Finance Indaba on 10 October. After almost 20 years with ArcelorMittal South Africa, Gavin Griffiths has been appointed the company’s CFO. Life Healthcare Southern Africa CFO joins the list of leaders competing for the CFO of the Year title. Tinyiko Sihlangu has always been interested in understanding the entire workings of an organisation, not just the finances, and reveals how this helps her to add greater strategic value as the FD of Royal Bafokeng Holdings. Estate Living CEO Louise Martin has had to serve as the company’s CFO, and uses this different perspective, as well as her past experience, to deliver value and growth. At the ChatGPT for Finance Professionals Masterclass, attendees will get to grips with how to harness generative AI and revolutionise the finance function in their organisations. CFO Talib Sadik and CSO Siya Mthethwa have both joined the South African Tourism leadership team. During a CFO Summit in Cape Town, panellists Aneshree Naidoo, Danya von Scheliha, Rick Martin and Shoki Ralebepa unpack their unique hiring approaches, resulting in agile and adaptable finance teams. Pieter de Wit explains how businesses can unlock the potential South Africa holds, and explains how they’ve been doing it at Afrimat, where he is the CFO. CFOs revealed that agility, ethics and adaptability are the key qualities that will enable finance teams to remain relevant in the future during CFO South Africa’s The People Power Reimagined Summit. Making a difference in and having an enduring impact on people’s lives and broader society is CA Bonga Mokoena’s idea of being a good leader, and he tries to do this as the CEO of BDO South Africa. Zeda FD Thobeka Ntshiza joins the list of leaders competing for the CFO of the Year title. Future of work guru Ray de Villiers says that, as the role of finance teams changes due to generative AI taking over their number-crunching responsibilities, it’s up to CFOs to make sure their people understand what the new future will look like, and the power they have to impact it. When it comes to being CFO of BDO South Africa, Daniel Botha not only tries to build a finance team fit for the future of the business, but for the future of the country as well. After two years in the role, Guy Moretti has stepped down as the CFO of Ellies Electronics, with immediate effect. Entrepreneur and CA Hazel Bango-Moyo believes that small businesses are how South Africa will grow and has dedicated her career to helping them achieve their goals. El Kope, who has been acting CFO since August 2023, has been appointed as Cell C’s new CFO and executive FD. Since being appointed as Afrika Tikkun’s group head of finance in February, Peter Kimingi has had to juggle getting to know the business strategy and executing it at the same time, while also making sure he brings his teams along. Some of South Africa’s leading finance executives will gather on 14 March in Cape Town to discuss the future of their finance teams, and will reveal the skills they are looking for most, to address changing business requirements. AYO Technology Solutions’ CFO Pride Guzha has spent his first year in the role restoring the company’s reputation by focusing on reporting and collaboration. CA Cyril Madiba’s greatest achievement is the work he has done in helping young people move into the formal economy. Minister Pravin Gordhan has appointed Nosipho Maphumulo as group CFO, as well as a new CEO, to support Transnet’s turnaround strategy. Brad Wentzel reveals his strategy for restoring a motorcycle, and how businesses can do the same to ensure success. CFOs Steven Kilfoil and Nerissa Jalim explain how using their finance leadership experience and skills, combined with their personal passion to drive more meaningful impact, has resulted in them giving back to society. Top CFOs Isaac Malevu, Martin van der Walt, Maureen Manyama and Johan Geel explain how the right investments and partnerships can mean sustainable growth for South Africa during challenging times. CFOs can play a vital role in supporting the integration of social impact into how businesses operate and report to shareholders, says Cathy Duff, Trialogue director. After 12 years at Sanlam Investment Group, learning from the company’s CFOs, Colleen Wagner was ready to take the next step in her career and become a CFO too. The first CFO South Africa Summit of the year looked at the role finance executives play in helping to address the challenges the country is facing. As the new group head of finance at Afrika Tikkun, Peter Kimingi will be tasked with supporting the group’s mission to address youth unemployment in South Africa. Stabilising debt, funding critical services and responding to the promises made in the SONA are among the many balls South Africa’s finance minister must juggle during his budget speech, reveals KPMG South Africa lead economist. Elisa Mkhize joined Kiara Health in January 2021 to help the company implement new governance, processes and systems to help the business grow. Shakira Naidoo, a CA(SA) with almost 10 years’ experience in providing professional services, follows the Hindu practice of seva, a philosophy of giving without expecting anything in return. Bidvest Automotive CFO Zoliswa Mashinini reveals what it’s like joining a new industry, and why it’s the move she needed to grow as a leader. AYO CFO Pride Guzha explains that the company’s increased revenue is a result of its subsidiaries’ thriving performance in 2023, as well as collaboration. South Africa’s top finance executives will gather on 22 February in Johannesburg to discuss the future of the country, and reveal the role CFOs play in making sure we get there. Resonating with the company’s mission to make affordable healthcare available to all, Yondie Metu is excited about her new role as RH Bophelo’s new CFO. Prinisha Khoosal's people-centred approach as CFO at Bridgestone South Africa makes a compelling case for the importance of managing with emotional intelligence to drive excellence, and got her promoted to FD of its AME region. Currently the CFO of Coca-Cola’s Bottling Investment Group, Sunil Gupta will take over the role as CCBA CEO in April. The financial reporting software company will be showcasing at this year’s Finance Indaba on 10 October. Having been with IOCO for four years as FD before being appointed as CFO, Ashona Kooblall already has a plan for the new role. African Bank’s new CFO, Anbann Chetti, explains how he changed the bank’s finance operating blueprint using three pillars of success, and most importantly, transparency with his team. CFO Barbara Makhubedu learnt the value of support, determination and relationships from a very young age, and uses those same values as she leads finance at Liberty Two Degrees. Business manager to the group CFO Linda Dodgen reveals how being a generalist will help her become an empowering CFO herself. The CFO Centre’s Rowan de Klerk reveals how CFOs can remain optimistic in the new year despite the challenging business environment South Africa is in. Rebecca Pole unpacks how her first few weeks as the VP of finance: South Africa for Dimension Data are going and reveals what excites her most about the new role – and it’s not only the numbers. Optimi Group CFO Suloshini Singh and CTO of Discover Digital Yasvanth Singh share their meet-cute story, and reveal how their relationship outlasted unaccounted for plans and demanding careers. CFO Kagiso Lerutla unpacks some of the initiatives that have contributed to the City of Ekurhuleni recently achieving its third consecutive clean audit. Solomon Mphakathi battled to afford tertiary education when he was younger, but managed – through a combination of guts and determination – to attain his current role as business unit leader of finance at the Auditor-General of South Africa (AGSA). Sebata Holdings group FD Pierre van Eeden has resigned from the role, and CEO Greg Morris will assume the responsibility, in addition to his current role. Auditor-General of South Africa CFO Polani Sokombela unpacks the three biggest challenges the public sector faces when it comes to data analytics, and how solving these could unlock new opportunities for the industry. One of Eskom’s three new separated entities, the National Transmission Company of South Africa, has appointed a new board of directors, including 2018 CFO Awards nominee and former PPC, SAA CFO Tryphosa Ramano. CFO Raisibe Morathi, CFO of the Year 2023 and winner of the Strategy Execution Award as well as the High-Performance Team Award, reveals how she balances technology and people to foster the ultimate digital, financial and cultural inclusion, as Vodacom Group transforms to become part of the digital revolution. CFO J’shanthan Mudely explains how his detail-oriented approach to life, and an early brush with death shaped his journey to becoming head of finance for Image Guided Therapy at Philips. Allan Gray head of group savings and investments Shaheed Mohamed unpacks how CFOs can choose the right investment default option for a retirement fund amidst regulatory change in a CFO Magazine interview. Glen Zulu, the Information Regulator CFO, says her career growth in the public sector is rooted in her passion for what she does. Starting February, Morné Engelbrecht will be the new CFO heading up finance at Jersey-based Metals Acquisition. DStv will be seeing further price hikes in 2024 as Multichoice tries to keep a healthy balance sheet amidst loadshedding and inflationary challenges, says CFO Tim Jacobs. Following the appointment of a new group chief executive, Dan Marokane, Calib Cassim will step back into the role of Eskom’s CFO at the end of March. South African Alistair Roman has been in the UK since 2009, building the skills needed to be a well-rounded and highly successful leader in a global community. Speaking with CFO South Africa, he talks about how he broadened his horizons across the pond, and why he is eager to bring it back to his home country. When Barloworld unbundled Avis Southern Africa, it was up to CFO Thobeka Ntshiza and the rest of the executive team to take Zeda on a journey to independence. In a CFO Magazine interview, Thobeka unpacks every twist and turn she faced on the way. In what has become a tradition, South Africa’s top finance leaders completed the CFO Survey at this year’s annual CFO Day on 5 July. The results are unpacked in this CFO Magazine special feature. Discovery Health Medical Scheme CFO Joy Malete says that her rapid career progression has been the result of “divine orchestration”. Just 34, her success is rooted in curiosity, talent, and a true passion for what she does. Nominations for the 2024 CFO Awards are now open. This is your chance to put forward the finance executives who have shown impeccable leadership over the last year, as they could walk away a winner at the annual Oscars of Finance! Bridgestone South Africa FD Mikaeel Tayob reveals that he wants to leave an enduring legacy where he is remembered for his impactful contributions. AFMS Group’s Jamie Louw shares his top learnings from the multiple wins South Africa’s rugby team achieved this year, unpacking the five that resonated most with him as a CFO. Following the resignation of Deepa Sita, Tiger Brands has appointed a new CFO, Thushen Govender, who will step into the role in January 2024. Currently serving the remainder of her time as Cell C’s CFO, Lerato Pule is set to take up the CFO role at Liquid Intelligent Technologies’ South Africa operations in February 2024. BDO South Africa COO of Business Restructuring Services and former CFO Buhle Hanise provides six reasons why other finance executives should embrace business rescue as a tool to secure the future of a struggling organisation. Zoho’s Sivaramakrishnan Iswaran says digital finance platforms are reducing the time CFOs spend on reporting. Having worked hard to qualify as a CA(SA), Rupesh Govan’s career took him into the banking industry and around the world. Now Investec’s FD, he reflects on how he got to be the leader he is today. After a challenging year for Oceana, the company is reporting improved revenues and headline earnings, which group CFO Zaf Mahomed says is largely due to the company’s diversification strategy. Coca-Cola Beverages South Africa’s Walter Leonhardt will be retiring as CFO at the end of the year. During a tour of the factory, Walter recently chatted with CFO Magazine and shared what his final two years at the beverage manufacturer and distributor have been like, and what the future has in store. Frey’s Food CFO Brad Wentzel shares the similarities between disassembling a motorcycle and deconstructing a business strategy. After serving as the company’s interim FD for the last five months, Zaid Manjra shares his excitement to step into the FD role on 1 December. CFO Mike Davis unpacks the exciting next steps in Nedbank’s evolution, which includes a unique approach to technology and a partnership with the government that might see South Africa into a better 2024, in a CFO Magazine interview. Middle East sustainable agriculture and climate tech business RedSea has appointed Storm van Zyl as its new CFO. The City of Tshwane has appointed several new leaders, including CFO Gareth Mnisi, who will help drive the reinstitution of services in the municipality. Jason Quinn has resigned from his role as group FD at Absa, and will step in as the new CEO at Nedbank starting May 2024. During her keynote address at this year’s CFO Awards, 2022 Golden Globe Race Kirsten Neuschäfer illuminated the parallels between the seemingly disparate worlds of sailing and finance. CA and entrepreneur Christiaan van den Berg is working to bridge the gap between the unemployed and potential employers through JOBJACK. Held on the 16th of November at the exclusive Polo Room in Sandton's Inanda Club, the event lived up to its moniker as the “Oscars of Finance”, delivering a spectacular celebration of excellence, innovation, and resilience in the financial sector. Former BCX and Openserve CFO Lucas Ndala will be the new group CFO helping Seacom through its transformative phase. During a CFO South Africa webinar, Verto experts Tim Rudman and Ola Oyetayo, as well as Hatch Africa CFO Craig Sumption, unpacked the challenges and possible solutions when it comes to cross-border payments. Old Mutual CFO Casper Troskie explains how technology, trust and a lot of preparation can prepare any leader, and their organisations, for uncertainty. Raisibe Morathi, group CFO at Vodacom, has been named South Africa’s CFO of the Year at the 10th Annual CFO Awards. View your favourite photos from the 2023 CFO Awards here! As the sponsor of the Strategy Execution Award, Workday believes in recognising the CFOs who have been able to adapt quickly to see their organisations through tough times. Comedian Nik Rabinowitz, award-winning band The Soil, the Kopano Jazz Collective and keynote speaker Kirsten Neuschäfer will dazzle guests at the 2023 CFO Awards. With his roots and family in South Africa, Rick Martin knew he had to embark on a career back home after growing up in New Zealand. Now the CFO of Satrix, he hopes to have a positive impact on the country. Mark Gounder will trade in his CFO title at Hulamin for that of CEO on 1 December, and explains that he is on a mission to deliver value for the company through its people. Mathabo Makhaya has not only risen to senior management at Harmony Gold Mining but has also dedicated herself to driving change and equality in her industry and community. In 2022, Brett Tromp left South Africa for the United States, where he was appointed CFO and CHRO of Medici. More than a year later, the 2015 Young CFO of the Year shares what it’s like abroad, and how he sees South Africa, now from the outside.Absa gets new group FD, Deon Raju
CA Ayanda Mvandaba is tapping into a new growth market for South Africa
CFO Melissa Stevens says money and skills are scarce when hiring new finance talent
Workday comes back as Finance Indaba Diamond Partner
CFOs attending the ChatGPT Workshop and Masterclass learned how to speak AI
Riaan Davel nominated for 2024 CFO Awards
CFO Bruce Bydawell likes getting his hands dirty
GVK-Siya Zama CFO John de Sousa says the construction industry needs to be saved
Motus appoints CFO Ockert Janse van Rensburg as new CEO
Rebecca Pole is helping build a new legacy for NTT Data with her finance team
Yusuf Bodiat steps down as FEM CFO
Mike Davis nominated for 2024 CFO Awards
CFO Harriet Heymans is using radical transparency to lead at Sasfin
CFO Jessogan Chetty: the finance heartbeat at Bestmed
IDU to showcase at Finance Indaba
Wiehann Joubert steps in as DRA Global acting CFO
Irene Singo nominated for 2024 CFO Awards
Taryn Woodbridge: A South African CFO's journey in a global company
Preshanta Govender reveals what a valuable CFO looks like in a changing world
PIC appoints Batandwa Damoyi as new CFO
CFO Mark Stirton moves to New Zealand
CFO Mike Davis tackles energy crisis, logistics constraints, crime and corruption
Innocent Gumbochuma nominated for 2024 CFO Awards
CFO Glen Zulu encourages public and private sector collaboration
TFG appoints Ralph Buddle as new CFO
Paul Masson is hardly the picture of a conventional CFO
Insight Consulting joins Finance Indaba partner line-up
ArcelorMittal South Africa veteran Gavin Griffiths steps in as CFO
Megandra Naidoo nominated for 2024 CFO Awards
FD Tinyiko Sihlangu is a big-picture thinker
Louise Martin uses the CFO role to be a better CEO
CFO South Africa brings global ChatGPT and finance guru Maarten de Borst to SA for an exclusive masterclass
South African Tourism appoints Talib Sadik as new CFO
CFOs are looking in unconventional places for their future finance teams
CFO Pieter de Wit sees opportunity instead of challenge
Compensation, recruitment and tech take centre stage at CFO South Africa’s Cape Town Summit
Leadership is not entitlement, stresses BDO SA CEO Bonga Mokoena
Thobeka Ntshiza nominated for 2024 CFO Awards
CFOs should be Road Runners, not a Wile E. Coyote, says Ray de Villiers
CFO Daniel Botha is investing in his people
Guy Moretti resigns as Ellies Electronics CFO
CA Hazel Bango-Moyo’s calling is to help small businesses grow
Cell C appoints El Kope as CFO
How Peter Kimingi is balancing leadership as the new finance boss at Afrika Tikkun
CFOs are reshaping the finance talent landscape of the future
CFO Pride Guzha is building a new future for AYO
CA Cyril Madiba helps mould raw talent
Nosipho Maphumulo steps up as Transnet’s new CFO
The makings of a good build strategy for your business – or bike
Summit reveals how integrating finance and passion can lead to opportunity
CFO Summit unpacks how CFOs can lead with impact in South Africa
Cathy Duff explains at CFO Summit why the biggest driver of change is people
Colleen Wagner: Putting the CFO’s touch into practice
Stand Up! Summit urges CFOs to be the change South Africa needs
Peter Kimingi takes on group head of finance role at Afrika Tikkun
Frank Blackmore: The 2024 budget speech will be Gondongwana’s most challenging yet
How CFO Elisa Mkhize improved governance at Kiara Health
CA Shakira Naidoo gives without expecting in return
Zoliswa Mashinini to set a new pace at Bidvest Automotive as CFO
CFO Pride Guzha accredits AYO’s results to company-wide resilience
CFOs are ready to change the tide in 2024
Yondie Metu is determined to make a difference as RH Bophelo’s new CFO
CFO Prinisha Khoosal’s people focused approach at Bridgestone
Coca-Cola Beverages Africa appoints CFO Sunil Gupta as new CEO
Lofty Brainchild signs up for Finance Indaba
Ashona Kooblall shares her playbook for navigating the CFO role
New CFO Anbann Chetti runs a tight finance relay to propel African Bank forward
From small-town beginnings to the C-suite
How Linda Dodgen is “beavering away” behind the scenes at Standard Bank
How to be an optimistic CFO in 2024
Meet the new finance maestro at Dimension Data
A CFO-CIO relationship like no other
CFO Kagiso Lerutla: Setting an example for the public sector
CA Solomon Mphakathi’s career has been dedicated to helping others grow
Pierre van Eeden resigns as Sebata FD
CFO Polani Sokombela reveals the secret to public sector success in new podcast!
Former CFO Tryphosa Ramano part of new national transmission company board
CFO Raisibe Morathi explores the nexus of connectivity
Details matter: CFO J’shanthan Mudely’s meticulous approach to problem solving
The CFO’s guide to a well-designed investment default option
You need to love what you do, says CFO Glen Zulu
South African Morné Engelbrecht joins Metals Acquisition as new CFO
CFO Tim Jacobs reveals why Multichoice is increasing DStv prices
Calib Cassim returns to Eskom CFO role
Why not global – CFO Alistair Roman explains the benefits of bringing international experience home
Thobeka Ntshiza has been on a surreal journey as CFO of the new Zeda Group
CFOs unpack ESG, tech and teamwork in CFO Day Survey
Bringing Joy to Discovery Health Medical Scheme as CFO
Nominate your finance captain for the 2024 CFO Awards!
FD Mikaeel Tayob: A brand ambassador for value
5 Lessons for a CFO from our triumphant Springboks
Tiger Brands to welcome new CFO with new year
Lerato Pule is excited to be part of Liquid South Africa’s future success as CFO
Buhle Hanise reveals why CFOs shouldn’t fear business rescue
Why automating compliance can unlock strategy for CFOs
How FD Rupesh Govan has navigated a career in banking
Oceana is well-positioned for the future, says CFO Zaf Mahomed
CFO Walter Leonhardt: Sipping on new experiences
Before you can rebuild, you have to deconstruct, says CFO Brad Wentzel
FD Zaid Manjra proud to be part of Woolworths new leadership team
CFO Mike Davis reveals there's nothing vanilla about the new Nedbank
Storm van Zyl is on a mission to feed the world sustainably as new RedSea CFO
Gareth Mnisi appointed CFO to help turn the City of Tshwane around
FD Jason Quinn to become the new CEO at Nedbank
Kirsten Neuschäfer took guests on a gripping adventure at the 2023 CFO Awards
How CA Christiaan van den Berg is changing access to employment
The moments that made the 10th annual CFO Awards memorable
Lucas Ndala appointed new group CFO at Seacom
Are fintechs the answer to cross-border payment pains?
How CFO Casper Troskie helps Old Mutual prepare for the unpredictable
Vodacom’s Raisibe Morathi named CFO of the Year 2023 at 10th annual CFO Awards
Photo Gallery: 16 November 2023, CFO Awards, The Polo Room, Johannesburg
Workday will celebrate the feats of leading CFOs at the 2023 CFO Awards
Lights, camera, finance: The stage is set for the 10th annual CFO Awards
Why CFO Rick Martin chose South Africa over New Zealand
CFO Mark Gounder takes on CEO role at Hulamin
You need challenges to grow, says CA Mathabo Makhaya
South African Brett Tromp shares what it’s like being a CFO abroad
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