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05 January 2018 Casper Troskie has been appointed new FD of Old Mutual Emerging Markets 04 January 2018 Tim delivered a fascinating masterclass entitled Accountability in times of #Guptaleaks - when ethics become a competitive imperative 03 January 2018 We scour our archives to bring you compelling advice from leading executives 03 January 2018 Humaniq has announced the launch of its Android App to enable users in Africa to access to next-generation financial services with facial recognition 02 January 2018 The chartered accountant is currently the Acting CFO for Monash South Africa and Finance Director, Laureate South Africa, and is pursuing a master's degree in international business 01 January 2018 Moody's Investor Services has downgraded Steinhoff's credit rating deeper into junk 01 January 2018 After a bumper 12 months last year, the pace of China's import growth is set to slow 01 January 2018 40 new hotels for Marriott in 2018 will increase its property portfolio to 422 01 January 2018 According to Trialogue, companies in SA invested more than R9 billion in CSI last year 28 December 2017 Rehive has built a flexible, easy to use platform to attract entrepreneurs 28 December 2017 A key element of Mint's strategy is to provide remittance services via its mobile wallet for its customers 27 December 2017 The Competition Commission says ArcelorMittal SA can pay off its R1.5 billion fine in installments 27 December 2017 Steinhoff will restate 2016 financial results and postpone release of 2017 results 27 December 2017 Elvin de Kock has been appointed CFO of Ansys, replacing Burt Lambrecht 27 December 2017 André Koekemoer has been appointed CFO of Capital Drilling 27 December 2017 Manie Mayman has taken over from Cindy Hess as (acting) CFO of Media24 27 December 2017 Rui has been the CFO and an executive director at Dis-Chem Pharmacies since August 2012 27 December 2017 In Sierra Leone, three financial technology start-ups are setting out to test new ideas on contributing to the SDGs through greater financial inclusion 22 December 2017 The BCX founder joins executive directors Dean Sparrow and Anton Gaylard, co-founders of Crossfin 21 December 2017 The industry in Nigeria is being held back by the lack of sound regulation 20 December 2017 New York-based Media Development Investment Fund has acquired the Mail & Guardian 20 December 2017 Standard Bank has announced that Lungisa Fuzile will be its new CEO as of 15 January 2018 20 December 2017 The actions of a few CAs are not a reflection of the entire CA(SA) population, says the AWCA 20 December 2017 Moody's believes that Ramaphosa's win as new ANC president is a good start to fighting junk status 20 December 2017 Mike Brown, Nedbank CEO, has given Cyril Ramaphosa, new ANC president, his full support 20 December 2017 AYO Technology has listed on the Computer Services sector of the main board of the JSE 20 December 2017 Steinhoff's supervisory board has nominated Danie van der Merwe as acting CEO 20 December 2017 This is the long-serving executive's debut nomination 18 December 2017 It is the first move by a bank to outsource the provision of some of its client-facing banking services to a technology platform 18 December 2017 Construction firm Murray & Roberts has increased its stake in Bombela to 50% 18 December 2017 Motus Corporation CFO Ockert Janse van Rensburg is extremely ambitious - literally - having climbed some of the world's highest mountains 17 December 2017 BCX is investing R100 million to grow scarce digital skills in ICT infrastructure and software programming alongside cybersecurity, fintech and artificial intelligence 15 December 2017 Sola David-Borha, African Regions boss at Standard Bank, shares her leadership advice 15 December 2017 Recent uncertainty at EOH, including a huge drop in share price, prompted ex-CEO Asher Bohbot to return 15 December 2017 Fairfax intended to buy a 23 percent stake in PPC for R2 billion, but the deal has fallen through 15 December 2017 Sibanye-Stillwater has agreed to buy troubled mining house Lonmin in an all-share deal 15 December 2017 Kutana: the deal to buy a 51% stake in Grinaker-LTA fell through because of uncertainty about the unit's performance 14 December 2017 Azar Bank will be South Africa's first 100% black-owned digital bank 14 December 2017 A deal aimed at helping Aveng become profitable again, by selling a stake in Grinaker-LTA, has been terminated. 14 December 2017 CFOs spend two-thirds of their waking hours working, but would prefer if this was much less 13 December 2017 Malegapuru Makgoba and Tshepo Mongalo will join the board of struggling, state-owned Eskom 13 December 2017 Sola David-Borha moved from Nigeria to Joburg earlier this year to become Standard Bank's CEO for all African regions outside SA. 13 December 2017 Nomanini is a South African-based enterprise payments platform provider that optimises transactions in the informal market 12 December 2017 Peter has been lauded for his work at the facilities solutions company 12 December 2017 Sygnia CEO Magda Wierzycka is a keynote speaker during the star-studded season opener of CFO South Africa and CHRO South Africa on 15 February 2018. 12 December 2017 Bitcoin passed $18,000 when it began trading on the Cboe on 10 December, causing excitement in some, angst in others 12 December 2017 Viola has announced an initial closing of $100 million toward a target of $120-$150 million, for a new global FinTech fund 11 December 2017 Verster takes over from Wim de Klerk, who recently announced that he would be retiring in January 2018 11 December 2017 "My pet hate word for 2017 is 'disruptive' - but dare I say it, that's exactly what we are." 11 December 2017 New solution aims to facilitate Kenya and its highest rate of mobile payment technology adoption in the world. 10 December 2017 These 10 types of innovation will boost your company's business and upend the market in which it operates 10 December 2017 The Post Bank should thus become first choice for government and the primary platform for government transactions 08 December 2017 The investigation concerns Oakbay, Steinhoff, Vodacom, Famous Brands, Super Group, and WG Wearne 08 December 2017 He will, however, remain CFO of Steinhoff, as no wrongdoing has been found 07 December 2017 The company was created to address the funding gap left by the formal banking sector and Micro-Finance Institutions in Africa 07 December 2017 Deloitte will be the principal sponsor at the 2018 CFO Awards. The firm will also partner with CFO South Africa throughout 2018 to help CFOs boost their knowledge, network and career. 07 December 2017 The growth was largely attributed to strong performance by the agricultural, mining and manufacturing sectors 07 December 2017 Alexander Forbes posted a positive set of interim results for the six months to end-September, as it continues with the implementation of its much-vaunted turnaround strategy 06 December 2017 Alex Smith, Altron CFO, will be leaving his role end February 2018, to instead fill the CFO role at Net1 UEPS Technologies 06 December 2017 Deloitte's Sumendra Naidoo unpacks the incoming XBRL requirements 06 December 2017 He has been recognised for his efforts in driving finance transformation, African expansion and systems integration at the pharmaceutical multinational 05 December 2017 The result is an IT global force that will use data and digital capabilities to empower decision-makers 05 December 2017 The new hub aims to further the development and acceleration of firms as well as the interaction between investors, entrepreneurs, government bodies and financial institutions 04 December 2017 Team UMCC from the University of Münster, Germany and Team Westville from Westville Boys High, KZN came out tops 04 December 2017 The recently appointed public sector CFO is also the winner of the 2017 BWA award in the Government category 04 December 2017 Ovamba co-founder Viola Llewellyn has become the first female African tech founder to speak at Slush's Central Stage 01 December 2017 Leading neuroscientists, robotics and data scientists share their thoughts on what AI and robotics mean for the continent. 01 December 2017 Moody's has placed all global scale ratings assigned to several South African corporates, including two SOEs, under review for downgrade 01 December 2017 Brian Joffe's investment firm Long4Life has agreed to buy Cape Town-based Chill Beverages for R452 million 01 December 2017 Coal of Africa has replaced CFO De Wet Schutte with Brenda Berlin, Impala Platinum Holdings CFO 01 December 2017 South African FinTech startup Fo-Sho has launched a product aimed at making short-term insurance with long-term benefits via self-insurance widely accessible 30 November 2017 The two retail businesses will also be merged into one, reporting into MMI deputy group CEO, Mary Vilakazi (pictured) 30 November 2017 Nigerian and Kenyan FinTechs have made the prestigious list of 50 emerging companies in the sector 30 November 2017 Listed distribution and industrial brand management company Barloworld maintained its revenue and operating profit levels from continuing operations 29 November 2017 As of 1 December 2017, Makwana takes over from Gavin Dalgleish as Illovo Sugar South Africa chairman of the Board 29 November 2017 The deputy CE shares his thoughts on technology, integrity, and the crucial role of the CFO in business and in nation building 29 November 2017 FNB retained its Incumbent Bank title at the African FinTech Awards 2017 29 November 2017 Wayne has completed a trifecta of nominations, after also receiving recognition in 2017 and 2016 28 November 2017 The independent companies have applied to the Competition Commission for approval to unite under the umbrella of the Airlink group of companies 28 November 2017 Ovamba has facilitated a large-scale cocoa distribution deal 27 November 2017 Show your team how much you value them and they'll go above and beyond, the finance head says. 27 November 2017 South African born and educated William Etzine recently joined Trump Hotels to head up their finance department 27 November 2017 UK FinTech Glint has launched a service which enables customers to own portions of gold bars and make payments using the bars 24 November 2017 The CFO SA MD talks about the dangers of not speaking up, being honest, and standing firm 24 November 2017 Three of Glencore's directors, including CFO Steve Kalmin, to serve on the board of subsidiary company, Katanga Mining 24 November 2017 Prof Woolard is the first woman to lead the university's faculty of economic and management sciences 24 November 2017 Pieter van Buuren has resigned as York Timber CFO, with Gerald Stoltz filling the position in an acting capacity 24 November 2017 A new EY survey shows that more than one-half of financial executives globally intend to pursue acquisitions in the coming year 23 November 2017 The two companies have join forces to stir micro-enterprise growth 23 November 2017 As of end February, 2018 Berlin will no longer head up Impala Platinum's finance division 23 November 2017 The University of Pretoria graduate has been recognised for his sterling work at the municipality 22 November 2017 Kentin Welgemoed has been appointed CEO of JSE-listed Spanjaard 22 November 2017 Standard Bank operates with a model that lists five value drivers. And financial outcomes are not even number 1, 2 or 3. 21 November 2017 Bidvest Group's banking unit has agreed to buy Hermanus-based FinGlobal for an as-yet-undisclosed sum. 20 November 2017 We talk to Lushen Pather, who recently announced a move to SARB, about his time as Sasfin CFO. 20 November 2017 Cooper Tire & Rubber Co. has named Joubert a director of the company, effective immediately. 17 November 2017 Naspers has announced that it has appointed Calvo Mawela as the new CEO of Multichoice South Africa 17 November 2017 Bytes Document Solutions (BDS) has appointed Vivek Venkatkumar CA(SA) as its new financial director. 17 November 2017 TFG expands its portfolio through acquisitions 17 November 2017 Josef Langerman, Group Head: Software Engineering and Organisational Change, talks about new ways of working at scale. 16 November 2017 Finance executives who flocked to the last CFO Summit of year in Johannesburg were treated to exclusive insights from Standard Bank's 'super economist' and treated to a thought-provoking panel discussion with business leaders. 16 November 2017 Law firm Bowmans has appointed the highly experienced Jo-Ann Pohl as CFO. 14 November 2017 Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, has issued a $150 million convertible bond on the London Stock Exchange’s new International Securities Market (ISM). 14 November 2017 The second Singapore FinTech Festival began this week, featuring over 25 000 participants from over 100 countries and more than 160 leaders from central banks and regulatory agencies, financial institutions, venture capital firms and fintech companies taking to the podium. 14 November 2017 “Ever since I can remember, I’ve had a strong drive to succeed. My father also taught me something at a very young age: ‘Don’t do something unless you’re intending to do it exceptionally well’. I still live by this,” says Liaan Kretzschmar, CFO/FD of Jaguar Land Rover South Africa and Sub-Sahara Africa. 13 November 2017 BDO South Africa will be merging with the Cape Town and Port Elizabeth offices of Grant Thornton, effective 1 March 2018. 13 November 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. 13 November 2017 Nigerian online payments provider Amplify has partnered with banks in the West African nation to let clients conduct transactions via WhatsApp, Facebook Messenger and other social messaging platforms through its innovative mTransfers solution. It will be launched before the end of 2017. Amplify helps businesses accept recurring payments online within minutes from customers in over 100 countries. It plans to bring banks closer to a new generation of social media-savvy clients and provide consumers with a more convenient way of banking. “Social and messaging apps are six of the 10 most popular mobile applications across platforms in Africa. We believe that vibrant and digitally savvy consumers want financial services to meet them where they are, in the channels and platforms they use,” said CEO Segun Adeyemi. “We have built mTransfers to empower banks and other financial institutions to blend their payment process into the everyday lives of their customers and provide an engaging user experience for them,” said Maxwell Obi, the startup’s chief technology officer. 13 November 2017 Any business that doesn’t make a shift towards digital is ultimately staring down the barrel of redundancy, says world-of-work guru Raymond de Villiers of TomorrowToday Global. CFOs are key enablers of the decisions that need to be made to make this change, Raymond said, before unpacking eight future-proof elements of successful business models. 12 November 2017 Afrimat Limited this week listed on A2X Markets (A2X), South Africa’s newest stock exchange, which began trading on 6 October 2017. Afrimat joins African Rainbow Capital Investments, Peregrine Holdings, and Coronation Fund Managers, all of which are already listed on the exchange. 11 November 2017 Chinese vehicle manufacturer, Beijing Automotive Group South Africa (BAIC SA) has appointed Batandwa Mdyesha (pictured) as CFO, effective immediately. 10 November 2017 4 Africa Exchange Proprietary Limited (4AX), one of only two exchanges in South Africa with a full licence to trade across asset classes, has announced its first listing in the fast-moving consumer goods (FMCG) industry, CA Sales Holdings Limited. 10 November 2017 Fica specialist ThisIsMe stormed to victory at the first time of asking in the Innovative Banking category at the African FinTech Awards 2017, hosted at the Finance Indaba Africa at the Sandton Convention Centre in October. The FinTech firm, which has experienced exponential growth over the past year and has already surpassed the notable milestone of one million verifications, also claimed the overall title along with reigning champion Easy Equities. 09 November 2017 Globetrotting head of finance Wayne Beifus has left his position at British American Tobacco (BAT) South Africa, after being promoted to head of finance for the West Europe area, based in Paris. 09 November 2017 South African FinTech Jumo has secured $24 million in funding into Africa and Asia. London-based Gemcorp Capital and Finnish development finance company Finnfund were the loan providers. 08 November 2017 Cabinet has approved the National Minimum Wage Bill, and draft legislation will now be referred to Parliament for further deliberation. Following this, President Zuma will be required to officially sign it into law. 08 November 2017 “Every CFO is now a strategic partner to the organisation and has to be,” says Mgcinisihlalo Jordan, partner and deputy Chief Executive for Deloitte Africa. Better known as Sihlalo, the former leader of the firm’s financial services practice in Africa has an astute understanding of what should be expected of modern finance leaders. CFOs should champion the rise of disruptive technologies within their organisations, he said during an exclusive interview with CFO South Africa, where he also spoke about finance leaders’ responsibility to promote an aligned strategy, future-focussed technology and shining integrity. 08 November 2017 In the current environment of global competition, sub-optimal growth, technology disruption, and political uncertainty, South African companies are finding it challenging to put an effective business strategy in place. But what can be done to address this need for planning that remains fundamental to success? 07 November 2017 Lushen Pather has been appointed as Divisional Head: Bank Supervision at the South African Reserve Bank (SARB), starting on 1 January 2018. He was Sasfin’s chief financial officer and as acting group FD was slated to take over the reins from his long-serving predecessor Tyrone Soondarjee. 07 November 2017 After the incredible success of this year’s African FinTech Awards, the annual pitching and prize-giving extravaganza is expected to outdo itself yet again in 2018. Judges for the awards event gathered for a scrumptious breakfast on 7 November to discuss some of the event’s most exciting additions, tweaks and extras.Casper Troskie swaps Liberty Holdings for Old Mutual
WATCH: UCT's Dr Tim London at Finance Indaba 2017
5 leadership tips from top CFOs
UK FinTech Humaniq launches biometric app in Africa
Monash SA's Alvin Liew nominated for CFO Awards 2018
Steinhoff downgraded deeper into junk status
China import growth to slow in 2018 after bumper 2017
Marriott International to open 40 new luxury properties this year
SA companies invest over R9 billion in CSI in 2016/2017
WATCH: Rehive's Michael Brink at the African FinTech Awards 2017
Dubai's Mint to integrate blockchain into existing tech
ArcelorMittal SA to pay R1.5 billion fine in installments
Steinhoff says it will restate its 2016 financial results
Ansys appoints new CFO
Capital Drilling appoints new CFO
Manie Mayman appointed Media24 acting CFO
Dis-Chem's Rui Morais nominated for CFO Awards 2018
FinTechs spur financial inclusion in Sierra Leone
Isaac Mophatlane joins Crossfin board
FinTech has potential to create 3 million jobs - former Nigerian minister
Mail & Guardian newspaper sold
Standard Bank appoints Lungisa Fuzile new CEO
The AWCA restores credence to the CA(SA) designation
Moody's: Ramaphosa could turn SA around
Nedbank CEO backs Ramaphosa
AYO Technology lists on JSE
Steinhoff trying to fill CEO role
Aspen's Sean Capazorio nominated for CFO Awards 2018
Investec forms groundbreaking partnership with UK FinTech
Murray & Roberts buys another 17% stake in Bombela
I like to set high goals for myself and enjoy the journey to achieve them, says Motus CFO, Ockert Janse van Rensburg
BCX pours R100 million into digital skills development
Be purposeful, says Standard Bank boss, Sola David-Borha
EOH founder Asher Bohbot returns to the firm
Fairfax and PPC deal terminated
Sibanye-Stillwater acquires Lonmin for R5 billion
Kutana group clarifies its position on Grinaker-LTA empowerment deal
Lebo Gunguluza launches digital bank
Aveng agreement to sell stake in Grinaker-LTA terminated
CFOs struggling to achieve elusive work-life balance - survey
New board for Eskom
Meet Standard Bank's new African Regions boss, Sola David-Borha
WATCH: Nomanini's Wim van der Beek at Finance Indaba 2017
Servest's Peter Walsh nominated for CFO Awards 2018
Be the change: Magda Wierzycka keynote at CFO + CHRO event
Bitcoin debuts on major exchange
Israeli fund targets global FinTechs
ArcelorMittal South Africa appoints Kobus Verster as CEO
ZAR X CFO Ebrahim Ally recounts the gruelling journey of starting a stock exchange
Opera launches web payment platform in Kenya
Larry Keeley: Building breakthroughs in your business
SAPO banking licence nearing completion
FSB investigates suspect trades and possible insider trading
Ben La Grange resigns as CEO of STAR
WATCH: Ovamba's Marvin Cole at Finance Indaba 2017
Breaking! Deloitte partners with CFO SA and CFO Awards 2018
SA's economy rallies in Q3, grows 2%
Alexander Forbes continues turnaround with solid results
Altron CFO leaves to join Net1
Are you ready for the CIPC's new reporting standards?
AstraZeneca's Osman Mia nominated for CFO Awards 2018
Decision Inc. mergers with Resolve Immix
Bahrain launches largest regional FinTech hub
Meet the winners of The CFO Case Study Competition 2017
Only do that which you can answer for, says Xoliswa Hlongwane, Ushaka CFO
Ovamba co-founder makes historic Slush conference appearance
Gird your loins - the robots are coming to Africa
Telkom under review for downgrade - Moody's
Long4Life to buy SA drinks company
Brenda Berlin new Coal of Africa CFO
InsurTech Fo-Sho looking to transform SA marketplace
Khanyi Nzukuma resigns as Momentum Retail CEO
African FinTechs feature in KPMG report
Barloworld makes gains, considers logistics exit
Mpho Makwana appointed Illovo SA Board chair
CAs must lead from the front, says Deloitte's Sihlalo Jordan
WATCH: FNB's Peter Alkema at Finance Indaba 2017
Omnia's Wayne Koonin nominated for CFO Awards 2018
Airlink and Safair to merge
African FinTech Awards winner Ovamba moves into commodity exports
Things aren't always as easy as you're used to: Chris Patricios, group CFO of Primedia
Former Sun City CFO joins Trump Hotels as VP Finance
UK FinTech launches gold-bar based payment service
The silence is killing us, says Graham Fehrsen
Katanga CFO resigns; Glencore CFO steps up
Stellenbosch appoints Ingrid Woolard as dean of economics
York Timber CFO resigns, acting CFO appointed
Acquisitions on the agenda in 2018 - EY
Mastercard partners with SA FinTech Spazapp
Brenda Berlin, Implats CFO, to step down
City of Tshwane's Umar Banda nominated for CFO Awards 2018
Spanjaard welcomes new CEO
Clients first! FD Arno Daehnke reveals Standard Bank's five value drivers
Bidvest Bank to buy FinGlobal
The CFO is the wingman to the CEO and the business, says Lushen Pather
South African CFO Tracey Joubert enjoys success abroad
Calvo Mawela new Multichoice CEO
Vivek Venkatkumar new BDS FD
TFG continues UK growth with Hobbs acquisition
To drive innovation, you need to allow failure, says Standard Bank's Josef Langerman
Business needs to help shape SA's future: CFO Summit looks to 2018
Jo-Ann Pohl new Bowmans CFO
First African convertible bond lists on London Stock Exchange
Singapore FinTech Festival draws global interest
Leaders become great because of their ability to empower others, says Liaan Kretzschmar, Jaguar Land Rover CFO
BDO will be bigger and better after Grant Thornton merger
Finance flash: the TOP-10 articles of week 45, 2017
Nigerian FinTech Amplify launches social media banking solution
CFOs must rethink their entire way of working, says Ray de Villiers of TomorrowToday Global
Afrimat lists on A2X
Batandwa Mdyesha new BAIC SA CFO
CA Sales Holdings Limited lists on 4AX
WATCH: ThisIsMe at Finance Indaba 2017
Wayne Beifus new BAT head of finance for Western Europe
SA FinTech Jumo lands $24m fund injection
Cabinet approves Minimum Wage Bill
The CFO must be a leading voice, says Sihlalo Jordan, Deloitte's deputy CE
Revitalising strategic planning - Decision Inc's Alistair Maxwell
Sasfin CFO Lushen Pather accepts new job at Reserve Bank
Bigger and better: judging panel discusses African FinTech Awards 2018
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