Your source for the latest news, expert insights and interviews.
The purchase forms part of the organisation’s intention to align executive interest with that of shareholders. The suspension of the award comes as EOH sues John King for damages from his time as CFO. Business spend management software company Coupa has signed up as an associate partner of CFO South Africa. Rochelle has driven change throughout her career with a focus on people, processes and technology. To create control, CFOs must standardise their finance processes, reveals CA Southern Africa’s Michael Brink. The King Price Insurance CFO explains that, pandemic or not, remote working is here to stay. Big tech under fire in China, while Trump aims his ire at social tech, and more. Millions join the ranks of super-rich amid the pandemic. Absa CIB-sponsored webinar unpacks the upcoming changes to LIBOR benchmarks. Susan Hansen believes good decision-making requires understanding an organisation’s numbers – and their limitations. Gregory will step into the role of Tsogo Sun Gaming CFO following the resignation of Annelize Hoyer. Herman Singh shares the six key stages CFOs and organisations need to follow on their cloud journey. Business is becoming increasingly complex, and audit needs to evolve accordingly, says PwC’s Dion Shango. Christine will step down as interim CEO following the appointment of a new CEO, Alberto Calderon. Adrian says Aveng’s strengthened balance sheet has enabled Moolmans to embark on a renewal plan. Blayne Burke will be taking over from retiring Billy Neasham as the new CEO of ARB Holdings. Sandile Mnguni will be taking over from retiring CFO Krish Kumar, who has been in the role for 40 years. Keshree Alwar, who has been serving as CFO-designate, will be taking over from exiting CFO Harry Todd. Michael Brink explains how finance professionals can benefit from automating their financial close. Whisky, litigation funding and crowd farming are attractive alternative investments for South Africans. The former Tiger Brands CFO has been appointed as an independent non-executive director. Emira Property Fund has raised R805 million in sustainability-linked debt as part of its growing ESG focus. Michel Doukeris has taken over from Carlos Brito as the CEO of Anheuser-Busch InBev. Americans emerge richer from the pandemic, Facebook’s market value rises, and more. Alex has been serving as interim CEO while Net1 was in the process of appointing a new CEO. Hanré Rossouw will be taking over from exiting CFO Paul Victor in July 2022. Financial services company CaseWare Africa has joined the Finance Indaba Network. Sage’s Gerhard Hartman and AWCape’s Jeff Ryan explore the benefits of using cloud-based technologies. Riaan says that various measures have been put in place to combat the impact of Covid-19. EWX’s Trevor Niemack unpacks why smart finance leaders should be automating their reporting. BDO SA’s head of finance explains how focusing on people and not just numbers can get you better results. Simon and Brad explained what it took to shut down operations or to operate as an essential service. The CFO says regulation, governance and compliance can be a competitive advantage. Revenue growth is challenging in the current economic climate and cost efficiency is crucial for survival. Billionaires want to go to space, but insurers don’t, John McAfee dies in prison and more. A CFO South Africa webinar reveals how digital solutions and open banking are changing the finance industry. The business travel solutions provider will also have an exhibition stand at the live Finance Indaba. Private equity has changed substantially since the 1980s, says AIF professor Cyril Demaria. The travel solutions provider will join the line-up of exhibitors at the live Finance Indaba in October. Christelle will be incorporated as a director to complete the Cricket South Africa majority independent board. Tramayne believes David and Goliath teaches that difficulty grows capability. Sean Capazorio says embracing mandatory audit firm rotation early was a strategic decision for Aspen. Ofhani’s love for science and a desire to improve the lives of the impoverished led him to start his own company. South African Bruce Ramsden will take over from Greg Isenor as executive VP along with his role as CFO. In Pat’s tenure, ACCA has seen a growth in membership, accredited universities and approved employers. Finance leaders’ roles have shifted from being number crunchers to more strategic business partners. As the CFO, Wessel will help lead the Colorado-based company through its next phase of growth. Deon Smith, CFO of Thungela Resources, shares his playbook on how to go through a demerger during a pandemic. Tsakeriwa explains that the agency has received unqualified audit opinions for the past two financial years. Tax specialist and founder Nico Theron explains how Unicus Tax aims to make tax matters easier. Coca-Cola’s share price fell because of Cristiano Rolando, and real estate markets show bubble warnings. Nutanix’s Rowen Grierson explains why CFOs should be investing in subscription-based IT solutions. The New Equation aims to focus on trust and sustainability reveals PwC CEO Dion Shango. Strong all-round performance sets the stage for growth at Multichoice South Africa in 2022. CFO Community Conversation participants heard about the benefits of a client-centric business model. Digitisation offers massive benefits but requires strategic thinking and infrastructure investment, says Exxaro FD. Grant Greeff explains that CEOs and CFOs have clear lanes of accountability and need to trust each other. Access Bank CEO Herbert Wigwe says the bank intends to unlock a gateway to southern Africa. Increased shareholding of empowerment partners boosts the creation of a new, smart lifestyle. The former Equites Property Fund CFO will be taking over from retiring Djurk Venter. Kelebogile will be stepping down as group FD in November to pursue other interests. The embattled broadcaster reported a monthly profit for April 2021 for the first time in five years. Capitec made sure to understand the impact of Covid-19 on its clients, and to act accordingly. Strive made his fortune from launching Zimbabwe’s first mobile operator in 1993. Bitcoin becomes a legal tender in El Salvador, economic losses are expected due to the climate crisis, and more. Policy uncertainty and ballooning government debt keeping business leaders up at night. Sygnia’s low-cost passive investment strategy pays off with double digit growth despite Covid-19. Reunert has reported a significant recovery of its results due to its electrical engineering segment. Tafadzwa is passionate about mentoring and empowering young students and CAs, as well as his colleagues. Herman Singh explains how you can build a more coherent life strategy by redefining what success looks like. Noorul-ain’s appointment will contribute to the business as it continues to expand and grow. Nikhyle will be taking over from exiting Mohammed Tariq Azum, who is struggling with ill health. Jean-Michel will be stepping into the role of CFO following the resignation of Andrey Maruta. Africa faces similar auditing challenges to global counterparts, plus several of its own, says Jamil Ampomah. Masibulele explains that, while they continue to reduce costs, there is room for higher reductions. The Old Mutual CFO says that leaders have had to be more deliberate when checking in with people. DoughGetters' Willem Haarhoff shares the seven things they learned while working from home during the pandemic. India’s economy contracted by 7.3 percent, the IMF is helping Uganda mitigate the impact of Covid-19, and more. Elon Musk’s recent tweet on cryptocurrency wreaked havoc on the already volatile markets. CFO Daan Ferreira says that Astral’s results were largely affected by increased feed costs. Having achieved the goals set out in the ‘One Altron’ strategy, they have moved on to ‘Altron 2.0’. Michael’s experience will bring strength to ProfitShare’s management team and strategy. Rajan hopes to play a leading role in driving a culture of learning at Optimi Group as its new CFO. Marna explains that the rules now recognise that a derogation may be justified for a number of reasons. Mpho explains how she was recognised as a leader for EWSETA, despite her youth. Jowayne says that cost and margin management minimised a more acute negative set of interim results. Gerhard’s appointment as CFO will see him play an important role in Sybrin’s growth strategy. AGCS’s Paul Schiavone highlights some of the most significant risks for the financial services industry. The acquisition of Gravenhage will increase Afrimat’s scale in the ferrous-metal value chain. The award-winning Pan-African bank has joined the lineup for the Finance Indaba Network. Rhodes Food Group will be promoting Pieter Hanekom to CEO following Buce Henderson’s retirement. Ninety One saw positive results when asset prices recovered after the impact of Covid-19. Nicholas Bofilatos will be stepping in as acting CFO of Altron when Cedric steps down in June. Craig has had to weather storms as he navigated Covid-19 and got his skippers license in 2020. The 1821 Grand Constance fetched R420,000, well above predicted sales estimates of R124,000. Amazon buys MGM studios, nine new billionaires since the beginning of Covid-19 and more making headlines. Xperien’s Wale Arewa takes a deep dive into the rules of PoPIA and the consequences of breaking them. Pax Mataitsane says CFOs and ICT teams should work together as they move onto more agile OEM providers. Bank risk management specialist Moorad Choudhry suggests banks should be more intentional about knowledge sharing. How Workday helped Lloyds of London revolutionise their procurement functions. The implementation of various liquidity preservation measures has left Mediclinic in a strong position. Barloworld saw a 6.5 percent revenue increase, partially due to its two new acquisitions in 2020. Rhett shares how he fast-forwarded his career from King Price’s CFO to deputy-CEO before the age of 40. Grant Greeff talks about closing down his first business during Covid-19 and venturing into a new one. After Covid-19 hiatus, an impressive group of CFOs came together for a conversation at the Saxon. Victor said that executives and directors of organisations also need to be held accountable for audit failures. Shabeer says the future of public sector audit is performance auditing, moving beyond a check-box mindset. Pieter Janse van Rensburg says companies must position themselves to deal with complex tax matters. The group’s gross profit margin has recovered to 12.3 percent as a result of its new strategy aimed at sustainability. Sisa has requested to step down as CEO, four months before his contract comes to an end. Anabel will be taking over from Anthony Stein, who plans to emigrate to Australia with his family. Dawn says that the audit opinion was because of R20 million in irregular expenditure for the financial year. Group CFO at e4, Adri Führi says embracing innovation is key to cultivating success. CFOs harnessing private equity skills can help the business in executing its strategy. CFO Deepa Sita says Tiger Brands expects further improvement in the second half of the year. Trump family facing criminal charges, Colonial Pipeline pays off cyber-criminals and more in this week’s headlines. Ntobeko says Redefine is in a strong position to benefit from future growth in the property sector. As the world of work changes, CFOs need to rethink their skills and the talent that they bring into business. The South African and former Guyana Goldfields CFO has been appointed as Sherritt’s new CEO. The Juwi EMEA FD’s ability to easily connect with different types of people has turned out to be an asset.Life Healthcare CFO Megandra Naidoo’s R3 million share purchase
Former EOH CFO John King’s 2014 CFO Award suspended
Coupa shows its support for the finance professionals of South Africa
Imperial’s Logistics Africa CFO Rochelle Gabriels leads with humility, authenticity and agility
CFOs need to automate to have control of their finance processes
CFO Paul Stedall says the key to working from home is trust and open communication
Top international headlines: Social, cloud and big tech in the spotlight this week
Is our financial system rigged for the rich?
Webinar reveals that organisations need to be prepared for LIBOR changes
Financial tools enable good decision-making, says Simply Finance author
Tsogo Sun Gaming appoints new CFO, Gregory Lunga
CFO’s must think like rocket scientists to avoid having their heads in a cloud
Audit must change alongside business, says CEO of PwC Africa
Christine Ramon to return to her role as AngloGold Ashanti CFO
Aveng CFO Adrian Macartney explains the workings behind Moolmans’ turnaround path
ARB Holdings appoints Blayne Burke as its new CEO
eThekwini Municipality appoints Sandile Mnguni as new CFO
Novus Holdings appoints Keshree Alwar as its new CFO
How CFOs are successfully using finance automation to achieve tangible results
The benefits of alternative investments in the time of Covid-19
Olufunke Ighodaro to fill the skills gap on the Telkom board
CFO Greg Booyens says sustainability-linked funding is a good fit for Emira
Michel Doukeris excited to creating a future with more “cheers” as AB InBev CEO
Top international headlines: Americans and Facebook becoming richer
Alex Smith returns to role of CFO at Net1
Sasol appoints Hanré Rossouw as its CFO-designate
CaseWare Africa signs up for Finance Indaba Network
Podcast reveals that CFOs can identify opportunities and risks using cloud-based technologies
Riaan Koppeschaar gives insight to Exxaro’s performance over the last six months
Automated reporting reduces headaches for CFOs
Kym Joubert’s empathy underpins her leadership style
Simon Adams and Brad Wentzel reveal how they learned to be flexible during lockdown
Transaction Capital’s Sean Doherty sees good value in creating transparency and trust
Why CEOs are turning to cost efficiencies to save the bottom line
Top international headlines: Billionaires in the spotlight
Open banking will reshape the finance industry as we know it
Corporate Traveller signs up for Finance Indaba Network
Private equity eco-system is fluid and market specific, says Professor Cyril Demaria
FCM Travel signs up for Finance Indaba Network
Acting CFO Christelle Janse van Rensburg joins new CSA board as director
Find growth in the difficulties, says CFO Tramayne Monaghan
Plan ahead for audit firm rotation, advises Aspen Pharmacare Group CFO
Science inspires Ofhani Ramukhuvhathi to become an entrepreneur
Roscan Gold Corporation appoints CFO Bruce Ramsden as executive VP
Pat Semenya leaves ACCA South Africa in good shape
Sage’s Gerhard Hartman explains how CFOs should be gearing up for their role
Charlotte’s Web appoints South African Wessel Booysen as its new CFO
Deon Smith unpacks the establishment of Thungela Resources in a Covid-19 recovery world
CFO Tsakeriwa Chauke says SASSA has turned around the issues related to irregular expenditure
How to successfully navigate tax disputes
Top international headlines: Coca-Cola and real estate markets make news
Why CFOs are happy to see the back of old school CapEx technology approaches
PwC launches global strategy to meet unprecedented change
Multichoice reports solid growth despite pandemic, reveals CFO Tim Jacobs
CFO André du Plessis reveals that Capitec’s success is its client-centricity
Optimise before you digitise audit, advises Riaan Koppeschaar, Exxaro finance director
CFOs can learn from Formula 1 team Mercedes when working with their CEOs
Access Bank South Africa launches, claiming it’s a ‘big bank with a small bank mentality’
CFO Kameel Keshav: SAHIF is committed to taking digital infrastructure to affordable housing
Fortress appoints Bram Goossens as independent non-executive director
Kelebogile Ntlha steps down as Famous Brands’ group FD
CFO Yolande van Biljon says SABC’s profitability illustrates the potential for financial self-sustainability
CFO André du Plessis shares how Capitec took care of its clients during Covid-19
Zimbabwean born Strive Masiyiwa named UK’s first black billionaire
Top international headlines: Bitcoin and the impact of the climate crisis
African CEOs would rather invest in the US and China than locally
CFO Murad Sirkot says Sygnia sees opportunity in the new normal
CFO Nick Thomson says Reunert continues to have a strong, un-geared balance sheet
The only way to move forward, is together, says Stanbic Bank Zimbabwe CFO Tafadzwa Mahachi
How to upcycle your career
London-based iSoftBet names South African Noorul-ain Khan as its new CFO
Nutritional Holdings appoints Nikhyle Dasarath as its new CEO
Jean-Michel Bour appointed as new Kore Potash CFO
Africa needs to focus on auditing basics, says ACCA Africa Director
CFO Masibulele Dem says there is scope for improvement in Hulisani results
Casper Troskie believes people need focused connection in times of change
Lessons from working remotely that you can apply to your business
Top international headlines: India and Uganda economies take knock due to Covid-19
Financial markets have influencers like the beauty and fitness industries
Astral Foods reports an increase in revenue, despite the challenges of the last year
Outgoing Altron CFO Cedric Miller gives insight into financial results, Altron 2.0 and his departure
Michael Kransdorff appointed as ProfitShare Partners’ new CFO
Optimi Group has appointed Rajan Padayachy as its new CFO
DRC concentrate ban is not new, says Ivanhoe CFO Marna Cloete
CFO Mpho Mookapele uses her youth to lead the EWSETA
AEEI’s crisis management softened impact of Covid-19, says CFO Jowayne van Wyk
Gerhard Malan brings his passion for data and numbers to Sybrin as its new CFO
Now more than ever, finance needs to navigate the burdens of compliance
CFO Pieter de Wit says Gravenhage acquisition will propel Afrimat to mid-tier miner
Absa CIB to participate in the Finance Indaba Network
RFG CFO Tiaan Schoombie to extend service following CEO leadership changes
CFO Kim McFarland says Ninety One kept focus despite the challenges of Covid-19
Altron CFO Cedric Miller steps down
CFO Craig Miller charting a course at sea and in business
Bottle of wine meant for Napoleon shatters Cape Town wine auction
Big Oil players under fire for fossil fuel investment
With PoPIA looming, companies need to be aware of the rules and requirements
CFOs should be working with their ICT teams when it comes to OEM
Banks should benchmark their risk management frameworks, says Prof Moorad Choudhry
Webinar looks at how digitised operations can improve your bottom line
Mediclinic in a strong position despite Covid-19 impact, says CFO Jurgens Myburgh
Nopasika Lila says Barloworld’s recent acquisitions have started to pay off
Rhett Finch credits his early success to his team at King Price Insurance
Grant Greeff, the entrepreneur who doesn’t give up
CFO Dinner celebrates the role of finance leaders during the crisis
Victor Sekese revealed that internal audit requires a rethink during Community Conversation
Public sector audit should prioritise performance over mere compliance, says dtic CFO Shabeer Khan
How to ensure your corporate tax culture thrives in the new normal
CFO Waldi Joubert unpacks Calgro M3’s return to profitability after three challenging years
SA Tourism CEO Sisa Ntshona set to step down early
Octodec Investments appoints Anabel Vieira as its new executive FD
CFO Dawn Mbatha explains EIC’s unqualified audit opinion
Adri Führi on thriving in a high growth environment
SA Biomedical’s Edna Retief shares the benefits of being a private equity CFO
Tiger Brands resumes dividends on back of improved operating performance
Top international headlines: Supply chains face strain as companies stockpile
CFO Ntobeko Nyawo says Redefine will focus on liquidity
Dineo Molefe says that CFOs need to intentionally invest in their futures during podcast
Leon Binedell excited to join Sherritt as CEO during an important juncture for the business
Carlos Mateos Duran makes his adventurous spirit the building blocks of his career
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