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The Ministry of Public Enterprises made a surprise announcement of his appointment on Monday afternoon.

Spar Group CFO Mark Godfrey: While we are optimistic, we acknowledge the market uncertainties.

The group said, in line with good corporate governance, the next group chairperson should be independent.

Want to stay up to date with the latest developments in finance, but short on time? Don't worry. CFO South Africa weekly collects 10 of the most important articles from international media for your convenience.

Oceana Group CEO Imraan Soomra: It was a satisfactory year, despite the tougher trading environment.

The young CFO is a man of many talents, and he feels a powerful alignment with Letsema's values.

Nedbank Group CFO Raisibe Morathi: This recognition is the result of lots of hard work.

Also: Accelerate Property Fund to sell Edcon warehouse and Prosus puts deadline on Just Eats deal.

Former SA Reserve Bank deputy governor Daniel Mminele to serve as Absa CEO from 2020.

According to fresh results from this year's CFO Day Survey, nearly three quarters of all CFOs are eyeing the top job and aspire to be CEO after their current role. And their ambitions are not unrealistic: a third of all CEOs of the JSE Top-40 are previous finance executives. But what does it take to scale the highest summit? Which different skills are required? How do you move from numbers to people and strategy? CFO Magazine spoke to five former CFOs who were promoted to CEO to find out what it takes.

The Financial and Accounting Services Seta has a message for the industry: It is ready to fulfil their sectoral training needs and has been conducting research to ensure that it has the capability to do so.

The appointment of Mazars Netherlands was announced at Steinhoff International's AGM.

Recognise the leading finance executive on your team with a nomination for the prestigious CFO Awards.

Herman Singh answers the question: Will EPMS dashboards dash your plans or delivering dashing results?

He has been preparing for the role for almost four years at the company's London offices.

The former Investec CEO says CFOs should take care not to damage positive organisational culture.

Allan was responsible for founding the Allan Gray Investment Counsel and the Allan Gray Orbis Foundation.

Booysen will be taking over from interim CEO Sean Emery with immediate effect.

Accounting and Financial Advisory's Shaun Govender outlines four key areas their clients need help with.

Auto-Reconciliations in the Cloud enables efficiency of digital transformation programmes with up to 90% improvement in reconciliations time, and 75% reduction in write-offs.

Want to stay up to date with the latest developments in finance, but short on time? Don't worry. CFO South Africa weekly collects 10 of the most important articles from international media for your convenience.

During the 2015 #feesmustfall student campaign, the University of Johannesburg (UJ) lost only one academic day to the protest. This was because UJ was ahead of the game in financially supporting its students, owing, in large part, to the efforts of the team lead by Nolwazi Mamorare, who is today the university's CFO. She spoke to Georgina Guedes about the kind of difference that can be made if you have the will to do so.

Richard Branson and other executives discuss how businesses need to evolve to keep up with revolutionary changes.

The United States and China leaders' confidence has plummeted by more than 20 percent.

Also: Calgro M3 publicly censured by JSE and Taste Holdings gives up on Starbucks.

She says she is looking forward to being part of the fledgeling financial services company's journey.

According to fresh results from this year's CFO Day Survey, nearly three quarters of all CFOs are eyeing the top job and aspire to be CEO after their current role. And their ambitions are not unrealistic: a third of all CEOs of the JSE Top-40 are previous finance executives. But what does it take to scale the highest summit? Which different skills are required? How do you move from numbers to people and strategy? CFO Magazine spoke to five former CFOs who were promoted to CEO to find out what it takes.

The responsibilities and influences of chief executives are not confined to their own companies and industries. Executives need the right kind of board to support them in all of the strategic decisions they need to make.

The amendments are a proactive response to corporate scandals, speculations and innuendo.

CFOs seized the opportunity to think, learn and most importantly to share experiences with their peers.

Colin says that he will stay involved in helping SA through his role at Youth Employment Services.

South Africans appear more divided than ever. To become a great, and united, nation we urgently need to reimagine a way to build our people - and this must be about more than jobs and GDP.

Maricelle Boshoff: Although AI is still in its early stages for ERP, the demand for the technology is rising.

Salome has been with the Nashua Group for seven years, serving in various finance positions.

Want to stay up to date with the latest developments in finance, but short on time? Don't worry. CFO South Africa weekly collects 10 of the most important articles from international media for your convenience.

Standard Bank FD Arno Daehnke discusses African countries' buzz, innovation and work ethic.

Alastair, who has been with the company for 10 years, will be emigrating to Australia.

South Africa's CFOs offer up their congratulations to the Springboks on their outstanding win.

Also: IHS Holdings, Investec Australia Property Fund, MAS Real Estate and Fairvest make headlines.

Matthias, who joined Afrox from Germany, will be pursuing other opportunities within The Linde Group.

Alphonzo started as a trainee technician and worked his way up to the role of Openserve CEO.

CFO Michael Fleming says the group delivered a strong performance despite challenging trading conditions.

Cape CFOs enjoyed great dinner and discussion, with insights from Capitec CFO André du Plessis.

The CFOs of companies awarded for their excellence in financial reporting explain their approaches.

AgileIT CEO Nick Truran highlights three IT areas to focus on to achieve significant savings.

CEO Bernard Agulhas talks about IRBA's strategies to rebuild trust after a clean audit review.

Comair's board thanked Kirsten for her "sterling" job and wished her every success in the United Kingdom.

Workday accredits its 10,200 employees' contributions to its culture, products and services for its ranking.

Workday was named a leader for its cloud core financial management suites for midsize, large and global enterprises.

The CEOs have stepped down to allow for a leadership reset after an independent review into US project.

BlackLine gets its message out there: It's possible to have finance automation control and visibility.

Need to fly a couple of executives into Lesotho to visit one of Premier's bakery operations? No need to book a commercial flight - CFO Kobus Gertenbach has achieved his lifelong dream of getting his pilot's licence and owning a light aircraft and is more than equal to the task.

Want to stay up to date with the latest developments in finance, but short on time? Don't worry. CFO South Africa weekly collects 10 of the most important articles from international media for your convenience.

Also: Standard Bank writes down stake in ICBCS and Group Five Projects business sold to the Teichmann Group

Mthimunye is taking over from Kuben Pillay who will remain in the position for the handover period.

Steven Sidley says SA enterprises with on-premise server rooms and data centres are sitting ducks.

Altron Karabina's Paul Morgan says finance teams that use technology wisely can have a huge impact on results.

Michelle has been appointed as an independent non-executive director with effect from 1 November.

Finance Indaba attendees heard that they need to take an entrepreneurial view of their organisations.

Finance teams are under pressure. Collaboration software gives them more time to focus on strategy.

Clinix's Elisa Mkhize: "In five years' time, companies will need a completely different skills set."

Grant said that Paycode offers both financial inclusion and fintech, which are his passion.

Three CFOs told the Finance Indaba what they would go back and tell their younger selves.

Oracle's Phumzile Skosana outlines how to move beyond Excel and automate your FP&A process.

TreasuryONE's Rudolph Janse van Rensburg says that since we can't make more time, RPA can optimise productivity.

Data has become the new competitive advantage in today's information-driven age. The next step in generating value from your data is to implement data and analytics at scale within your organisation.

Altron Karabina's Dave Ives explains the benefits of migrating ERP systems to the cloud.

Finance executive Mohamed Kajee concluded that Finance Indaba offers opportunities to connect and share learnings.

Mariska Casey explains how she won the World Championship in deadlifting, despite huge personal challenges.

It's about being technologically adept, having a strong and nurturing support system.

Finance executive Mohamed Kajee attended SA's biggest finance expo and conference. These were his takeaways.

An S&P Global Market Intelligence study shows that woman CFOs are increasing companies' profits.

Public Sector CFOs have to deal with negative public perceptions, lack of resources and corruption.

Oracle's Audrey Mbuyazi: Technology frees finance professionals from mundane tasks, giving them more leave days.

Customers are becoming more tech-savvy as Fourth Industrial Revolution becomes more entrenched.

His appointment comes into effect with Sandile Ntsele's departure to support Group CFO Ralph Mupita.

Want to stay up to date with the latest developments in finance, but short on time? Don't worry. CFO South Africa weekly collects 10 of the most important articles from international media for your convenience.

The Nkangala TVET CFO knows how devastating the impact of financial challenges can be on students.

CFOs encouraged to serve their communities with optimism to make meaningful change across the country.

Speaking at the Finance Indaba, Thomson Reuters' Hari Ganesh Kumar made the case for tech transformation.

The Goldman Sachs CEO urges businesses to work with government to create a better South Africa.

Transunion CEO Lee Naik told Finance Indaba that finance professionals must work harder to stay relevant.

IRBA's Imre Nagy says that regulators have to be tougher on finance professionals.

Small businesses hope the new ESD codes will help them to benefit more from BEE.

Criminals will always be smarter if the right measures are not put in place.

Despite the general pessimism, South Africa still has a bright side.

With the advancements in financial technology, accountants need to operate an integrated financial reporting ecosystem.

Panel tells Finance Indaba that women's empowerment and upliftment is everyone's responsibility.

With or without machine learning, unethical accounting practices must be stamped out, say panellists.

As an engineer, Ralph Mupita believes he brings skills such as pattern recognition into finance.

South Africa is in a moral crisis, and doing something about it will take courage, says Athol Williams.

SNG Grant Thorton discussed how to prevent or minimise the impact of a data breach.

While corporate is making strides in making sure the workplace is more inclusive, gender equality is still lagging behind.

CFOs have to immerse themselves in how their company works in order for them to become good CEOs.

Six big trends will shape the future of work; all include technology, especially Artificial Intelligence.

Used effectively, data has the ability to transform the way we do business.

The Youth Employment Service has created 25,470 job opportunities since its March 2018 launch.

Companies will future proof their businesses by deliberately attracting and welcoming a younger skill set.

Zaf Mahomed and Jo-Ann Pohl agree adaptability is key for CFOs present and future.

"Robots are not coming for your jobs. New technology means that jobs will be reinvented."

Some rules are obstacles to success, said Marnus Broodryk in his opening keynote at the Finance Indaba.

Junior Biola, EasyDebit CEO, says a real-time verification solution for customer verification is imperative.

Can auditors still add value? AKA Africa will be answering this question at the Finance Indaba Africa.

CaseWare Africa's Christiaan Brink is encouraging accounting professionals and CFOs to embrace financial technology.

It delivers international financial reporting, corporate finance and valuations and governance and risk compliance.

SAIPA equips the professional accountants with latest knowledge, techniques and accreditation.

SAP Concur offers cloud-based services that manage your travel expenses and invoices.

OneStream Software is a modern, unified platform for corporate performance management.

Want to stay up to date with the latest developments in finance, but short on time? Don't worry. CFO South Africa weekly collects 10 of the most important articles from international media for your convenience

The Executive Pay Barometer has reported a pay increase for CFOs despite tough economic environment.

The BDO network provides tailored audit, tax and advisory services combined with local expertise.

Comprised of various CEOs and CFOs, Goalfix offers the best finance models for businesses.

Also: Implats buys Canadian miner, SweepSouth raises R50 million, and Long4Life triples stake in Spur.

IRBA reports an improvement in shareholder governance and the strength of auditing and accounting standards.

Werner's appointment follows Air Namibia's liquidation announcement at the end of September.

The investigation into R1.2 billion of suspicious transactions found evidence of governance failings and wrongdoing.

Eight CFOs gathered at the Saxon to discuss the changes the Fourth Industrial revolution will truly deliver.

RSM's Thilen Pillay: "Disparities in African data protection law plus the EU's GDPR can be quite overwhelming."

Outsourcing to an expert is smart and cost-effective, says TreasuryONE's Rudolph Janse van Rensburg.

He says that trust is built through better governance on a foundation of transparency and accountability.