Your source for the latest news, expert insights and interviews.
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 SoluGrowth CFO Francois Burger: People who’ve been replaced by automation are moving up the ladder.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. CFO Sean Capazorio says Aspen is pleased to be able to provide assistance for Covid-19 patients. CFOs who worked with Kimi Makwetu in the public sector share their memories of the Auditor-General. Shell financial advisor Sanda Mahlakahlaka has learned you can find game-changing people on the way to success. The JSE now necessitates that companies have a debt officer as part of its listing requirements. The former ARC CFO and 2019 CFO Awards nominee will serve as a non-executive director. Kimi has served the country with integrity, humility and dignity as the Auditor-General. In this webinar, Craig will explain how CFOs can diversify their income stream through trade. Kalon’s Clive Butkow: Everyone wants to be part of the tech sector, but they don’t always know how. Makwetu passed away in hospital of stage 4 lung cancer as he neared the end of his term. Riaz Haffejee has been appointed as the new CEO of Metair from February next year. Comair announces it will be taking bookings for Kulula as the festive season approaches. CA Irene Chikobvu explains that you need to balance your reactions to conflicts in the workplace. Coca-Cola SA CFO Walter Leonhardt: It’s important to look out for one another and the business. CFO Nombali Mbambo says that, in time, this acceleration will save the company overhead costs. Rivasha Maharaj reflects on the journey to winning the Top Woman in Finance 2020 award. CEO Leila Fourie: These reforms will position SA as a competitive investment destination. Mike Watters retires as CEO of RDI and hands over the reins to Stephen Oakenfull. This follows Mahube appointing Petro Lewis as its FD to reinvigorate the focus of the organisation. CFO Rui Morais says Dis-Chem is investigating an acquisition of a community-based pharmacy group. Investec’s Marlé van der Walt: Tech and soft skills are critical to future proof yourself. Oracle's Anne Ozzimo shares four strategies CFOs should consider to be resilient. Coega appoints new chief executive to take the helm in early 2021. Research entity’s report signals a modest private sector growth in the period since lockdown eased. Sibanye-Stillwater CFO Charl Keyter: The rating upgrade reflects the significant improvement in the group. Deon Botha will be serving as the mining company’s part-time FD with immediate effect. How professional services companies can lead through innovation and grow their businesses. Paul Stedall will be taking over from Rhett Finch, now deputy CEO, as King Price’s new CFO. Former Tiger Brands CFO Funke Ighodaro will serve on Old Mutual’s audit, actuarial and risk committees. Afrimat CFO Pieter de Wit: Risk management cannot operate as a silo an isolated function. Mariné van Brakel has been appointed as the new debt officer of BNP Paribas Personal Finance SA. Investec Specialist Bank CFO Marlé van der Walt will share her three-point plan to staying relevant. Suzanne will play a role in ensuring adequate assessment and mitigation of risk and compliance. The CFO Awards recognise top CFOs for outstanding performance and excellent leadership. CFO Calib Cassim describes these savings as critical, particularly in light of Covid-19’s impact on Eskom. Nico Pretorius, Phindile Majikijela and Marizane Meyer are delighted by the challenge outcome. At the Finance Indaba, Telkom CFO Tsholofelo Molefe explained what it takes to be a woman leader. Significant gas find off the coast of South Africa to be assessed for further potential. Vaccine manufacturer Biovac close to concluding deal that will see it producing doses locally. BA’s local operator Comair to be bought by BidCo after Competition Commission approval. Tangent Solutons’ Niël Malan: Tech savvy CFOs are essential to a successful digital transformation. The FSCA fined Jooste for releasing information to four acquaintances regarding the shares of Steinhoff. Finance Minister Tito Mboweni announced spending cuts to offset falling tax revenue in his MTBPS. Frederik Scholtz shares his five takeaways from Tito Mboweni’s medium-term budget policy statement. Amanda Tandiwe Nzimande will be taking over from Nomkhita Nqweni as the Solidarity Fund CEO. Wikus Roos will be taking over from Michael Vosloo as TeleMasters’ CFO with effect from 1 November. Airports Company South Africa expects operational losses due to decline in passenger numbers from Covid-19. CFO Community Conversation reveals that hackers exploit the employees in the business. Lelo Rantloane has taken over from former SAVCA chairman, Craig Dreyer, as of 26 October. CFOs have had to come up with risk scenarios on how to respond effectively to Covid-19. Digital transformation in finance is reshaping the role of the CFO like never before. Unilever’s Mikateko Tshetshe shares her learning journey to the top during Finance Indaba Network. Transnet has set up a loss control function, which will report to new group CFO Nonkululeko Dlamini. The company has launched an inclusive share ownership scheme that will benefit its SA employees. Nomalungelo will be taking over from exiting CEO Thamsanqa Hlongwa. The Covid-19 trading restrictions and lockdown affected up to 20 percent of the retailer’s revenue. The company’s rebrand helps present Mazars more consistently across the globe, say co-CEOs. These are the winners of the Finance Indaba Network scavenger hunt and leaderboard competitions. Prof King reveals that value creation has replaced profit focus in CFO Community Conversation. Noel has been acting as CFO since the resignation of former CFO Cheryl-Jane Kujenga. Parliamentary committee recommends Tsakani Maluleke as next Auditor-General. The JSE has fined Steinhoff R13.5 million for disseminating false and misleading information. In order for businesses to survive the Covid-19 storm, companies have to be ‘risk intelligent’. The Linde Group intends to buy the remaining shares of Afrox, after which it plans to delist the company. Loot.co.za CFO Shakeerah Diedericks: This is a golden opportunity to enter an active market space. Sage FD Jordaan Burger: Companies that went digital before lockdown were prepared for Covid-19. Nyiko Shiburi’s appointment forms part of an entire executive reshuffle at MultiChoice. Webinar to look at how businesses and suppliers are reframing their priorities, processes and procedures. Attendees said they enjoyed the insightful content, speakers and virtual interaction with their peers. CFO Nolwazi Mamorare steering the University of Johannesburg through the Covid-19 storm. Today’s uncertainty and change will see finance leaders assuming greater responsibility. Myles will be taking over from Solly Mboweni, who has stepped down as CEO to fulfil another role. Two Aon Workday experts revealed their learnings from their global solutions implementation. Air Liquide's Taki Nkhumeleni and other panellists share their companies’ stories of growth on foreign soil. Experts hash out the extent of the CFO’s responsibility for cyber security at Finance Indaba Network. Having sufficient liquid assets is an important safety net in times of crisis, the Finance Indaba heard. Finance professionals were treated to a gamified virtual conference and expo experience! At this year’s Finance Indaba Network, leading CFOs discussed three ways to qualify for the top finance job. Speaking at the 2020 Finance Indaba Network, Professor Mervyn King advocated for a title change for CFOs. Verimark CFO Bryan Groome and other panellists shared their secrets to achieving early success. Panellists agree overcoming communication challenges is important during a virtual audit. Raisibe Morathi and other panellists shared their learnings from working through Covid-19. A panel of women finance leaders said these three things were critical in their journey to the top. Deon Geyser has been appointed as the CEO of Liquid Telecom SA with effect from 1 January 2021. The virtual auditorium is filling up to hear Vodacom new CFO Raisibe Morathi and other panelists speak.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
Aspen partners with Johnson & Johnson to manufacture Covid-19 vaccine candidate
Public sector CFOs offer their respects to the deceased Auditor-General
Using mentorship to navigate a non-linear career
JSE requires debt officer as new listing requirement
Motus appoints Bridget Radebe as non-executive director
Accolades pour in for Kimi Makwetu: the man who could not be bought or sold
Nedbank CIB's Craig Weitz to share tips on how to diversify your income stream
Webinar to reveal how CFOs can become part of the disruptive technology sector
Breaking: Outgoing Auditor-General Kimi Makwetu passes away
Metair announces new chief executive
Comair re-opens bookings
Should you let things slide or demand respect in the workplace?
Special feature (Part 4): Board support vital for risk management
Covid-19 has accelerated Adapt IT’s debt reduction pan and digital transformation
How driving culture became an award-winning action
JSE welcomes policy reforms announced in MTBPS
Stephen Oakenfull appointed CEO of RDI
Mahube Infrastructure starts trading on the JSE
Dis-Chem continues on its acquisition trail
Webinar reveals how to stay relevant in finance
How CFOs can build resilience and recapture growth
Khwezi Tiya appointed as new Coega CEO
Private sector sees slight improvement in business conditions
S&P Global upgrades Sibanye-Stillwater’s credit rating
Deon Botha new FD for JSE-listed Middle East Diamond Resources
4 reasons your professional services firm should adopt digital transformation
King Price Insurance appoints Paul Stedall as new CFO
Old Mutual appoints Olufunke Ighodaro as independent non-executive director
Special Feature (Part 3): Strong ethical governance
Mariné van Brakel is new BNP Paribas SA debt officer
Webinar to reveal why finance executives must evolve and adapt along with their people
Nutritional Holdings appoints Suzanne Meyer as new CFO
Nominate your inspirational CFO to be recognised at the 2021 CFO Awards
Fruits of Eskom cost savings will only materialise after 2021
Finance Indaba leaderboard winners grateful for win in an extremely challenging year
Tsholofelo Molefe urges women to stand their ground
Total makes second gas discovery off South Africa’s coast
SA biotech company to manufacture vaccines locally
SA Bidco gets thumbs up to buy Comair
The CFO holds the key to a successful cloud migration
Former Steinhoff CEO Markus Jooste fined R161 million for insider trading
Mboweni announces government wage freeze in medium-term budget policy statement
Five key takeaways for business from the 2020 mid-term budget presentation
Solidarity Fund appoints CA Amanda Tandiwe Nzimande as new CEO
TeleMasters appoints Wikus Roos as new CFO
ACSA faces major losses amid Covid-19 decline in air traffic
The best way to prevent a cyberattack is to educate your employees
SAVCA appoints Lelo Rantloane as new chairman
Special Feature (Part 2): Building a risk strategy
Digital transformation: the biggest shift in the CFO’s role
You need the right combination of qualifications, experience and ambition to become a CFO
Transnet to overhaul procurement and finance functions
Momentum Metropolitan to strengthen its B-BBEE ownership
Umgeni Water appoints CFO Nomalungelo Mkhize as acting CEO
CFO Lerena Olivier: Pick n Pay successfully navigated the challenges of Covid-19
Mazars rebrands to celebrate balanced growth and successful expansion
Lucky Finance Indaba Network launch day winners announced!
Prof Mervyn King: CFOs need to be the chief value officers in their organisations
Adcorp appoints Noel Prendergast as permanent CFO
Tsakani Maluleke recommended for Auditor-General position
JSE fines Steinhoff for breaching listing requirements
Special Feature (Part 1): Wrangling risk in Covid-19 and beyond
Afrox to delist from the JSE as part of Linde Group acquisition plan
New ecommerce fashion platform StyleMode launches during Covid-19
Lessons from Covid and remote working
MultiChoice South Africa appoints Nyiko Shiburi as new CEO
Discover the future of business travel in a post-pandemic world
Accolades pour in for the virtual Finance Indaba Network launch
UJ CFO Nolwazi Mamorare: No student should be left behind
Finance leadership in uncertain times
Transcend Residential Property Fund appoints CFO Myles Kritzinger as new CEO
Packed Finance Indaba Impact Session hears how Workday enabled Aon to go virtual overnight
CFOs detail the challenges and opportunities of expanding into other countries to Finance Indaba
Cybersecurity part of the CFO’s remits
Cash flow is king, said Finance Indaba Network panellists
Finance Indaba Network launch a massive hit with partners and finance professionals
Three CFO career paths: different routes to the finance throne
The rise of the chief value officer
Finance Indaba hears how to make it to the top before you’re 40
Finance Indaba panelists reveal the key to a successful virtual audit is communication
Finance Indaba hears from the leaders spearheading the new world of work
Finance Indaba hears how support, EQ and mentorship are critical for women CFOs
Liquid Telecom South Africa appoints Deon Geyser as new CEO
Finance Indaba Network launch kicks off!
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