Your source for the latest news, expert insights and interviews.
A leader in the mining industry, Chris Griffith has been appointed as Gold Fields’ new CEO. Mark will take over from exiting Laren Farquharson as the new CFO of Hulamin. André will be stepping down as CFO on 1 March to return to South Africa for personal reasons. The JSE market regulation division has completed its review of AYO’s increased trading. The Calgro M3 CFO encourages leadership to support those on their journey back to ‘normality’. After only three months as CFO, Khathutshelo Ramukumba has resigned, citing personal reasons. Sean has been nominated for his work as the group finance officer of Aspen Pharmacare. CFO Brett says the call to help fund the Covid-19 vaccine is warmly welcomed by Discovery Health. Meroonisha has been nominated for her work as the CFO of Impala Platinum. As an accounting professional, Shabeer quickly realised the value that technology brings to businesses. After completing various projects within Hammerson, James believes it's time to look for a new opportunity. Andre has gone completely paperless, replacing documents and books with his iPad. Pieter will be taking over as the CEO of Pick n Pay from Richard Brasher, who is set to retire in April. Norman joins WG Wearne from Barloworld, where he has been working for the last 20 years. Sharon joins TransUnion Africa from Ricoh Africa, where she served as CFO. The past few months have brought the importance of corporate contingency planning into sharp focus. Rivasha Maharaj joins Omnia from AGH, where she served as CFO for three years. Leslie Maasdorp’s appointment as the debt officer is in line with the new JSE-listing requirements. How Investec uses technology to improve business processes and improve user experience. Henk is stepping in until a permanent successor for exiting CEO Steven Nathan is found. Dirk has been nominated for his work as the group CFO of Hollard. The Implats CFO urges people to lend a helping hand to the most vulnerable people in our society. Mariné van Brakel, CFO of the RCS Group, relishes the company’s enduring start-up culture. Lucas has been nominated for his work as the FD of Distell. Bothwell has been nominated for the work he has done as the CFO of Kumba Iron Ore. Coca-Cola Beverages South Africa CFO shares the lessons he’s taking into 2021. ACCA-qualified Jo talks about how the intentions behind our actions determine a much bigger success. Carlos to join juwi EMEA region as FD during “exciting time with lots happening in South Africa”. RMB CFO Jaco van Wyk has FirstRand blood running through his veins after spending 18 years with the company. Finance leaders share how they have approached turnaround strategies, and led their teams through volatile times. CFOs shared how they navigated 2020 and the challenges Covid-19 introduced into their companies. Finance professionals talk about the impact CAs can have in organisations. CFOs share their top tips on how to innovate, and be more effective and competitive. Preventing fraud and corruption, and mitigating risk, should be an inside job, these experts told us. Zandi Tsibulane reflects on what it takes to be the CFO of a start-up during the Covid-19 pandemic. CFOs share how they spend time away from the office, indulging some of their other passions. Highlights from a year that changed life as we know, including the events landscape. Finance leaders share how education has helped them reach their goals. Experts reveal how agility has been one of the drivers of success in business this year. We look back at the value that finance professionals found in gathering online to share and discuss challenges. We round up some of the perspectives and advice some of SA's leading CFOs shared in 2020. A look back at some thoughts from our community on what makes a great CFO. KPMG’s Mark Danckwerts explains how IFRS17 will change the way performance is communicated. Covid-19 has amplified the challenges around governance, remote working and cyber security. CFO Rob Aitken explains that growth is due to increased sales as people started baking during lockdown. Attacq CFO Raj Nana says the real estate market is keeping the company on its toes. Amazon has invested in its own renewable energy projects following Eskom’s latest loadshedding warning. The new CEO of the IIA SA believes the time is right to elevate the role of the internal auditor. Renergen Cryo-Vacc can transport vaccines that require -70°C for up to 30 days. How Workday is enabling CFOs to move from a traditional finance function to a strategic business partner. Currently CFO of Metair, Sjoerd will also take on the role of interim CEO during January 2021. The new airline launched on 10 December with its first flights departing from Johannesburg and Cape Town. Hylton Kallner has been appointed as the new CEO of Discovery Bank, taking over from Barry Hore. Finance and HR community members share their takeaways from 2020 at the last Community Conversation. Lubin Ozoux has been appointed as the new CEO of tire manufacturer, Sumitomo Rubber. Brenda Berlin has resigned as the acting CEO and executive director of MC Mining. CA Craig Ewin brings property experience to Liberty Two Degrees board. Tax specialist Nico Theron explains that SARS also faces adverse consequences if they don’t comply. In her new role, Maria will support interim CEO Christine Ramon in executing the company’s strategy. The sabbatical allowed CJ to focus on her family and she created a podcast called ‘Journey to Mother’. Royal Bafokeng Platinum welcomes two CAs to its board, one of whom will chair it. CA Bridgitte Mathews appointed to board of Metair Investments as a non-executive director. Calib Cassim is the CFO who leads and oversees all aspects of the company’s financial strategy at Eskom. EnterpriseWorx’s Ian Child reveals that Excel is not the right software for financial reporting. Dirk will step in as the acting group CFO of Telkom following the resignation of Tsholofelo Molefe. Tsholofelo Molefe joins MTN from Telkom, where she served as group CFO until 4 December. Nedbank urges businesses to use asset-based finance to survive a second wave of Covid-19. FD Riaan Koppesaar says Exxaro anticipates coal sales rebound in his pre-close statement. The surveyed decision-makers said financial management tech gave them the time to focus on strategy. Meroonisha Kerber will serve as Implats’ debt officer along with her role as the company’s CFO. David Pfaff has advised of his resignation as Truworths CFO to pursue other career opportunities. Ntobeko Nyawo will be taking over as Redefine’s CFO from Leon Kok, who will become the COO. The former Deloitte Consulting Africa CFO has been appointed as the new Webber Wentzel CFO. Investec’s Dr Greg Cline: We are seeing spouts of opportunity, even in a constrained environment. CFO Tafadzwa Mika says Vunani’s improvement is key to solidify the group as a formidable financial service. CFO Leon Kok says Redefine’s top priority during the period was to address its loan-to-value ratio. Comair has reappointed Kirsten King as its CFO and Wrenelle Stander has stepped down as CEO. Douglas Lafferty will serve as CFO designate until current CFO Johan Depraetere steps down in 2021. Webinar reveals how TreasuryONE’s RPA implementation convinced the skeptics. Nedbank CIB’s Shane Cadles will explain how to leverage tax benefits and optimise capital utilisation. EWX’s Ian Child and Trevor Nemack will explain how data automation can address finance pain points. CFO Riaan Erasmus says the tight control of cash spending resulted in better than expected results. King Price CFO Paul Stedall: a successful CFO can combine technology and emotional intelligence. Group CFO Jowayne van Wyk says that AEEI remains on a positive trajectory. Distell group CFO Lucas Verwey relishes the strategic leadership and variety that his role offers him. Sage’s Jordaan Burger: CFOs in the professional services sector are the drivers of the digital revolution. Futurist Craig Wing shared his views on the impact of emerging technologies on humanity with CFOs. AYO CFO Tatenda Bundo: Some of the group’s operating divisions have achieved exceptional growth. CFO Brent Robertson: The group is cash positive and continues to operate well under the circumstances. SoluGrowth CFO Francois Burger: People who’ve been replaced by automation are moving up the ladder. Webinar reveals how Workday enabled Aon to do financial closures and audits entirely virtually. Zaakir Mohamed: Companies must make sure their own operations aren’t complicit in enabling corruption. Five remarkable CFOs scooped top honours at a glittering gala dinner held at the Inanda Club. Jason Quinn, the group finance director at Absa, has been named South Africa’s CFO of the Year at the 2020 CFO Awards. Netcare estimates that the pandemic resulted in foregone revenues of R3.7 billion and EBITDA of R2.3 billion. The company will be sponsoring the Compliance & Governance Award at this year’s CFO Awards. Nedbank CIB was nominated for its Nedbank Green Renewable Energy Bond and ‘Kimchi’ Syndication. Tsakani Maluleke appointed as South Africa’s new Auditor-General (AG), the first woman to hold the position. Nedbank CIB’s Craig Weitz highlights some of the challenges import and export businesses face. Ayanda has served as CEO since January 2019, and will continue to serve in the role until March 2025. Thabea Modise says she is a custodian of the public purse and must follow the rules. Pepkor Holdings chair Jayendra Naidoo stepping down at the end of his term on 30 November. Supported by strong demand for groceries during lockdown, food business sales increased by 9.2 percent. Cheques will no longer be used in the South African national payment system. Christo Wiese chairs his 40th and final Shoprite AGM as the group realises outstanding results. CFO SA's John Deane chased clues and mastered obstacles with the new Land Rover Defender 110. Find out how SoluGrowth’s BPO project helped Mastercard achieve more than 30 percent cost savings. During a Community Conversation, Lori explained that multitasking can cause mental fatigue. BlackLine’s Mike Hibbert: When it comes to month-end, some companies still do it the old-fashioned way. TreasuryONE’s Rudolph Janse van Rensburg will be making the finance case for automation. Webinar reveals why Kalon Venture Partners has invested in Sendmarc and Ozow. CFO Daan Ferreira says that while selling prices increased, it wasn’t enough to cover operating costs. CFO Kim McFarland says the half-year ended 30 September was a period of intense client activity. Executives should focus on improving risk management, writes LexisNexis SA’s GM of compliance Greg Chamberlin. Two Aon-Workday experts will share their learnings from their global solutions implementation. CaseWare Africa's Jodi Joseph tells CFO SA about their offering, and the impact of digital transformation. Kajal Singh will be taking over from Nomalungelo Mkhize as acting CFO. Karen Nordier has been appointed as Tradehold’s new debt officer following new JSE listing requirements. Patrick is a corporate finance executive advising JSE-listed and other large companies. Jenna has been appointed as Investec Property Fund’s debt officer following new JSE listing requirements.Chris Griffith is the new Gold Fields CEO
Hulamin appoints Mark Gounder as new CFO
Capital CFO André Koekemoer resigns to return to South Africa
JSE finds no evidence of irregularities in the trading of AYO shares
Waldi Joubert looks forward to seeing people thrive again in 2021
South African Post Office CFO resigns
Sean Capazorio nominated for 2021 CFO Awards
Brett Tromp stresses the importance of solidarity in the healthcare sector
Meroonisha Kerber nominated for 2021 CFO Awards
DTIC CFO Shabeer Khan welcomes the digital world
Hammerson CFO James Lenton steps down
Capitec CFO Andre du Plessis loves and embraces technology
Pieter Boone new Pick n Pay CEO
Norman Janse van Rensburg new WG Wearne FD
Sharon Naidoo new TransUnion Africa CFO
Demand for corporate contingency planning heats up
Rivasha Maharaj joins Omnia as new AGRI FD
CFO Leslie Maasdorp appointed debt officer of New Development Bank
Investec CFO Nishlan Samujh talks tech
10X Investments appoints Henk Beets as acting CEO
Dirk Viljoen nominated for 2021 CFO Awards
Meroonisha Kerber stresses the importance of being community-minded
Mariné van Brakel: Leading finance at RCS Group
Lucas Verwey nominated for the 2021 CFO Awards
Bothwell Mazarura nominated for the 2021 CFO Awards
Life goes on – adjust, says CFO Walter Leonhardt
iOCO CFO Jo-Ann Pohl: Choose ethics, choose sustainability
Carlos Mateos new FD for juwi Group’s EMEA region
Jaco van Wyk on being the CEO’s business partner
Varied approaches to companies’ successful turnaround strategies
Covid-19 challenges kept CFOs on their toes
Exploring the value CAs bring to organisations
A look back at the role of technology in finance
2020 has shown that companies must fight corruption from within
The first 180 days of occupying the C-suite at a start-up
It’s not all work – there’s some play too
A look back at 2020 CFO community events
Learning your way to the top
Navigating from pandemic disruption to the next normal
2020’s Community Conversations gave CFOs a space to learn and share
The CFO diaries – wisdom from the top
Leadership and excellence part of the CFO role
Insights on how IFRS17 will affect the finance industry
CFOs show resilience in a time of massive disruption
Tongaat Hulett pivots towards future growth as earnings show strong turnaround
How prioritising through a tough year has kept Attacq healthy
Amazon to generate its own renewable energy in South Africa
Internal auditing in the spotlight
Renergen announces ground-breaking device to transport Covid-19 vaccines
Workday product results show real time data and analytics key to delivering agility
Sjoerd Douwenga to act in a dual role as CFO and interim CEO of Metair
New South African airline Lift officially launches
Discovery Bank appoints Hylton Kallner as new CEO
CFO and CHRO communities come together one final time in 2020
Sumitomo Rubber South Africa announces new CEO
MC Mining acting CEO Brenda Berlin resigns
Craig Ewin joins Liberty Two Degrees board
SARS, like taxpayers, must comply with specified time periods
Maria Ramos appointed as chair of AngloGold Ashanti board
CJ Kujenga emerges from sabbatical ready to lead
Royal Bafokeng Platinum makes two new board appointments
Metair Investments appoints CA Bridgitte Mathews to board
Calib Cassim, the conductor inside Eskom’s financial engine room
Is Excel going extinct in the world of evolving fintech?
Telkom appoints Dirk Reyneke as acting group CFO
MTN appoints Tsholofelo Molefe as new group CFO
Businesses can use asset-based finance to weather approaching storms
Exxaro expects recovery following Covid-19 slow down
CFO 3.0: SA finance leaders show resilience despite Covid-19 causing massive shift in roles
Impala Platinum CFO Meroonisha Kerber takes on role of debt officer
David Pfaff tenders resignation as Truworths CFO
Ntobeko Nyawo to step in as Redefine Properties CFO
Aneshree Naidoo new Webber Wentzel CFO
Are there growth opportunities in a recovering market?
Vunani sees improved performance despite Covid-19 impact
Redefine Properties sees 0.1 percent decline in revenue due to Covid-19 impact
Comair reappoints Kirsten King as CFO following resignation of CEO
Vivo Energy appoints Douglas Lafferty as CFO designate
How bots became a valued part of the Renault SA finance team
Webinar to reveal how finance teams can unlock value through asset-based finance
Discover how you can solve your top-five reporting challenges in this webinar
The Hospitality Property Fund reports loss due to Covid-19 impact on hospitality industry
What makes a CFO successful? Hint: it’s not just the tech
AEEI reports revenue growth of 44 percent
Lucas Verwey: Distell’s strategic finance leader
Leading through innovation: How professional services can grow with technology
CFOs step into the future at CFO Awards ceremony
Covid-19 has served as an accelerator for markets AYO operates in
Premier Fishing and Brands reports revenue despite Covid-19 restrictions on export markets
Webinar reveals that automation has made way for upskilling employees
How Workday enabled Aon to move to working from home overnight
Businesses must prioritise preventing fraud and corruption in their own organisations
South Africa’s leading CFOs honoured at sparkling 2020 CFO Awards
Absa FD Jason Quinn named CFO of the Year 2020
Covid-19 has a materially negative impact on Netcare’s results says CFO Keith Gibson
PwC recognises importance and value of CFOs by supporting 2020 CFO Awards
Nedbank CIB wins Energy Deal of the Year at 2020 African Banker Awards
President Cyril Ramaphosa appoints new Auditor-General
Smart financing for imports and exports
Fasset reappoints Ayanda Mafuleka as its CEO
City of Joburg’s Thabea Modise on accountability as the key to her success
Pepkor chair Jayendra Naidoo to step down
Spar Group reports good growth in revenue despite Covid-19 challenges
Cheques to be discontinued in South Africa
Shoprite’s Wiese chairs his last AGM
Thousands of smiles per hour clocked at Land Rover Defender adventure series
Webinar to reveal the benefits of back-office optimisation
Lori Milner says CFOs should practise doing one thing at a time
Automation for a seamless financial close
Webinar to explain how to get finance teams on board for automation
South African tech start-ups breaking ground locally and abroad
Astral Foods reports strong revenue despite Covid-19 impact on selling prices
Ninety One maintains earnings and declares dividend despite challenging conditions
Successfully navigating from the new normal to the next normal
Webinar to reveal how Workday enabled Aon to go virtual overnight
South African finance on the cusp of digital transformation
Umgeni Water appoints Kajal Singh as new acting CFO
Tradehold appoints FD Karen Nordier as debt officer
Hulisani appoints CA(SA) Patrick Birkett as independent non-executive director
Former CFO Jenna Sprenger new Investec Property Fund debt officer
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