Your source for the latest news, expert insights and interviews.
Quilter explores the disposal of life insurance business and GIAP begins acquisition trail into Africa. Nico's appointment is seen as an effort to stabilise leadership at Mango Airlines. She joins the Naspers group at a "pivotal time for the group and for South Africa". The Capitec CFO does so through his Community Keepers project, which supports Ysterplaat Primary School. Sage's Pieter Bensch: CFOs can help their organisations grow and thrive during a time of Adapt or Die. MoData provides leading edge, innovative solutions for the financial services sector. It will represent NTT in the Middle East, Africa while retaining the Dimension Data brand. Stretch Global CEO John Stretch takes a deep dive into the planning behind every business strategy. Sean will be taking over from Fay Mukaddam until her successor has been appointed. She will be taking over from Bonang Mohale, who has taken a new directory role at Bidvest. Thomson Reuters is the world's leading source of news and information for professional markets. Storme McDonald is the CFO of Corporate Banking at RMB. She is a passionate advocate of digital transformation and a lover of dogs, she tells CFO.co.za. 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. Claudelle von Eck probes the factors that have led to SA's spate of audit scandals. Also: Life Healthcare exits India and Grit sees potential investment opportunities across sub-Saharan Africa. Investec Plc joins other banks in the push to move into Australia to expand its international network. The industry is now an emerging market as opposed to just being a potential market. Grand Parade Investments appoints acting CEO Mohsin Tajbhai permanently with effect from 1 July. Our future will be defined by how well we deliver on our strategy, says Roland van Wijnen, new PPC CEO. Companies must adopt true multi-tenancy cloud technologies and architectures, says Workday's Zuko Mdwaba. Sage, the market leader in cloud business management solutions, has partnered with CFO Day. The real estate group becomes the latest company to list its shares on the A2X Exchange in South Africa. Michael Page is a specialist Africa recruiter offering 130 years of collective experience. The bank also announced that deputy CEO Tauriq Keraan will replace outgoing CEO Sandile Shabalala. Data analytics can be used to make more forward-looking, proactive decisions and to foster more collaborative relationships. Morne will be taking over from retiring Andre Boje, who will remain involved with the company. The company will be showcasing its business intelligence solutions at the 2019 Finance Indaba. The former CEO has been appointed as KPMG's new global head of people with effect from 8 July. Clinix Health Group CFO Elisa Mkhize thinks deeply about her role and her place in the world. She shares her mantras, professional vision and personal commitments with CFO South Africa. 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. Alaris Holdings has appointed Elsie Muller as its new group chief financial officer, with effect from 1 July. Also: Barrick Gold received an extension on Acacia buyout offer and Naspers Foundry invests in SweepSouth. According to the 2019 PPS GPI, accountants would encourage matriculants to enter their profession. SAP Concur offers services for optimising business travel, expense and invoice management. Altron Karabina will licence, train and support Host Analytics solutions in the South African market. CFO Tim Jacobs said the Pay TV operator is improving its services, particularly online streaming. Iain Williamson will be stepping in as interim CEO until a permanent CEO is appointed in Moyo's place. Accountant and entrepreneur Liezl Berry conducted an audit into whether accounting really is the most boring profession. Deloitte provides collaboration and finance services for finance professionals. Workday is a leading provider of enterprise cloud applications for finance and human resources. The Namibia-based company sees strong operational performance across its insurance, resources and banking divisions. She starts on 1 August 2019 at the company that focuses on the equipment, logistics and automotive industry. 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. Sheldon tells Kate Ferreira about his stresses, stress-relieving activities and his long-term aspirations. Mary-Anne has been deputy CFO since December and has replaced John Snalam as of 12 June. Also: African Rainbow Capital and Ethos Private Equity invest R200 million into TymeBank. She will be taking over from Dirk Kunz until a permanent CFO has been appointed. After joining the IDC in 2015, Nonkululeko transformed its long-term planning model and automated its financials. Arno Daehnke is excited by the innovation that the Standard Bank is seeing on the continent. City of Tshwane CFO says it was the support of his team that made him grow in his profession. Quick Consols is a financial reporting tool for South Africans, by South Africans. Kate Ferreira asked five CFOs about the most useful applications or types of technologies in their lives, both professionally and personally, and discovered it's not all about the newest, latest, and greatest tech on the planet, but rather how these tools and innovations are integrating into their days, unlocking insight, and - figuratively and literally - keeping the lights on. Tsogo Sun Hotels' listing represents an exciting new era for stakeholders, says CEO Marcel von Aulock. Kate Ferreira asked five CFOs about the most useful applications or types of technologies in their lives, both professionally and personally, and discovered it's not all about the newest, latest, and greatest tech on the planet, but rather how these tools and innovations are integrating into their days, unlocking insight, and - figuratively and literally - keeping the lights on. Kate Ferreira asked five CFOs about the most useful applications or types of technologies in their lives, both professionally and personally, and discovered it's not all about the newest, latest, and greatest tech on the planet, but rather how these tools and innovations are integrating into their days, unlocking insight, and - figuratively and literally - keeping the lights on. The operations of Broll and Cushman & Wakefield will be combined to make one large real estate services entity. NEPI will be listing as the largest property share on the A2X, says CEO Alex Morar. BlackLine is a cloud solution provider, empowering accounting and finance leaders. Herman Singh says, disrupt your industry simply by focusing on the needs of the customer. The CFO at the Official Community Corporation has been tasked with ensuring the institute's continued strength. The JSE has suspended Tongaat Hulett's shares in order to protect investors against insufficient financial information. Capitec CFO André du Plessis won the Compliance & Governance and Finance & Technology Awards. 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. IIA SA CEO Dr Claudelle von Eck says the grave situation has untenable consequences for the country. The Premier FMCG CFO has the mantra of "build something, make it bigger, make it better." Rajan believes that the amendments will create active participants in the economy, but may come at a cost. Also: Telecommunications industry set for M&A activity and American Tower acquires Eaton Towers. Zuks will be taking over from Vuyani Jarana, who resigned in May, as acting CEO. Kate Ferreira asked five CFOs about the most useful applications or types of technologies in their lives, both professionally and personally, and discovered it's not all about the newest, latest, and greatest tech on the planet, but rather how these tools and innovations are integrating into their days, unlocking insight, and - figuratively and literally - keeping the lights on. The President met with CEOs of over 20 SOCs to discuss their critical role in the economy. Former Clover Industries CFO Elton Bosch will be taking over as Oceana Group CFO. Robert brings "extensive and highly relevant experience" to Intu Properties as new CFO. Deloitte's Valter Adão is guiding internal and external clients towards an inevitable digital future. Failure to embrace the coming changes is not an option - for your prosperity and the nation's. This after ANC secretary-general Ace Magashule claimed that expansion of the bank was in the pipeline. Draftworx is a financial statement preparation and engagement performance platform. Dr Tim London reveals the one crucial element necessary to get SOEs back on track. His appointment is part of the City's commitment to "entrusting young people with great responsibilities". AfroCentric CFO says the award has also motivated him to share his experiences with younger finance professionals. Want to get hired? Finance Indaba silver partner Cassel & Co's Georgina Barrick says it's time to specialise. The company reports hit of up to R4.5 billion following a review of its accounting practices. On 8 March, International Women's Day, Investec South Africa launched its "Women on the Rise" campaign, highlighting its relationship with women in business, education and sport. As part of the launch, Investec introduced the public to its newly appointed Specialist Bank CFO Marlé van der Walt. CFO South Africa spoke to her about her finance leadership experiences. 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. The CEO's letter of resignation cites concerns around funding and slow decision-making processes. Also: Helios Investment Partners plans to raise funding and Seacom to add eight new points of presence in Africa. The Arrowhead board assured the public that the misconduct has no financial implications for the company. Fedgroup CFO Sheldon Friedericksen says that technology gives him the power to balance competing interests. The joint CEOs were appointed following the announcement of Erik Venter's resignation last week. Black Umbrellas' success rate in incubating startups is 50 percent - well above the national average of 10 percent. The comedian will make sure that the world of finance has no chance of taking itself too seriously. Vukile Property Fund FD Mike Potts says he is extremely pleased with March 2019 results. John Stretch explains what measurements you can put in place when return on equity fails. Tsholofelo Molefe says the great results come from a relatively new team gelling well together. The CFO says the group is very pleased with the positive effects of diversification. W.consulting's Bruce Mackenzie: "IFRS 9 calculates what you EXPECT to lose, not what you HAD lost." Trends report says CFOs should have one foot in the market and the other in the C-suite. IIA SA CEO Claudelle von Eck says the number of internal auditors reporting intimidation has significantly increased. "Never say die" is Nampak CFO Glenn Fullerton's approach to life. It served him well when he was told he would never return to work after a debilitating cycling accident in 2013. But this indomitable professional rose again to head up the finances of Africa's largest packaging company. Georgina Guedes chatted to him about how he got there and what he has learnt along the way. 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. His resignation will come into effect at end-July, and no interim CEO has been announced. Newly appointed Tim Simba "excited to be given the opportunity to lead the association's presence in Africa". Ascendis Health has fired its CEO Thomas Thomsen for poor performance, with immediate effect. "Why waste a crisis?" says the CFO, outlining measures being taken to fix Sasol's balance sheet. Moyo held the position for less than a year before the board reached this conclusion. Brett Tromp, Discovery Health CFO, and his wife, CA Candice Tromp, help the Orient Hills Day Care in their personal capacity. Their support of the school is underscored by a deep understanding that for a nation to flourish, children need to learn through play from a very early age. Orient Hills Day Care provides that opportunity for 72 children. PwC Southern Africa has appointed Shirley Machaba as its new CEO with effect from 1 July. A Gugulethu couple has been convicted for the murder, which took place in 2017. SurTech is the sole distributor of ACL and VATSURE software and services in South Africa. "Comair will continue to benefit from Erik's contribution," says Comair chairman Piet van Hoven. Beyond Meat became the first plant-based food company to go public on a major exchange on 2 May. Deloitte's Sihlalo Jordan says each of the CFO Awards winners' forward-looking stances is very positive. Liezl Berry shares a young accountant's experience of working with three different types of CFO. Goldman Sachs has appointed Mazars as its EU operations auditor with effect from 2021. Finance Indaba Silver Partner VeriCred Collections are specialists in all aspects of consumer debt recovery. Transnet has appointed Mark Gregg-Macdonald as acting CFO as of 13 May. Sibanye-Stillwater is concluding its all-share bid for Lonmin. Charl is navigating the challenges. 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. Mercantile had already developed what Capitec was looking for, says Capitec CFO André du Plessis. "Space growth is really important for us," says Dis-Chem financial director Rui Morais. Also: African Battery Metals enters share acquisition and Rebosis Property Fund to sell three shopping malls. Ralph Mupita says MTN Nigeria NSE listing was a "great day 1 'pop' of 10 percent".M&A Roundup: Afrimat and EOH make headlines
Nico Bezuidenhout returns to Mango Airlines as CEO
Phuthi Mahanyele-Dabengwa appointed as CEO of Naspers South Africa
How Capitec's André du Plessis helps safeguard the future of children in Cape Town
Sage adapting to change with customer-led innovation
Find out how you can enhance your digital experience with MoData at Finance Indaba
Dimension Data moves its brand forward with NTT collaboration
The building blocks of a management system
4AX appoints RainFin CEO Sean Emery as interim CEO
Busisiwe Mavuso becomes the new Business Leadership South Africa CEO
Thomson Reuters shares intelligence and expertise at Finance Indaba
RMB Corporate Banking CFO Storme McDonald on banking, digitisation and dogs
Finance flash: the TOP-10 articles of week 26, 2019
IIA SA CEO calls on audit profession to practise ethical courage
M&A Roundup: Tiso Blackstar, Grand Parade and more companies selling stakes
Investec Plc to open a branch in Australia
What the future holds for Islamic financial services industry in South Africa
Mohsin Tajbhai steps into Grand Parade Investments CEO role
PPC appoints former LafargeHolcim CEO as Roland van Wijnen
Embracing cloud instead of "cloudish" solutions is how Workday keeps up with the pace of innovation
Sage backs CFO Day
Equities Property Fund's A2X listing brings number of listed securities to 22
Find out why Michael Page Finance is a leading recruitment firm at Finance Indaba
TymeBank appoints former Nedbank executives as board members
Why long-term business success requires early adoption of key technologies
Minergy CFO Morne du Plessis promoted to CEO
Find out how you can improve your business intelligence with Canvas Intelligence
Former KPMG SA CEO Nhlamu Dlomu appointed as the firm's global human resources boss
Clinix CFO Elisa Mkhize: To yourself be true
Finance flash: the TOP-10 articles of week 25, 2019
Alaris Holdings appoints Elsie Muller as group CFO
M&A Roundup: Andarko, Seriti Resources and Alviva move into Africa.
Accountants are confident about the future of their profession
SAP Concur sponsors CFO Day
Altron Karabina, Host Analytics partnership brings EPM reseller to South Africa
MultiChoice reports strong revenue, profits despite a tough economic climate
Old Mutual fires suspended CEO Peter Moyo
A boring job? Here's why accountants are sex, drugs and rock & roll
Deloitte throws its weight behind CFO Day
Workday partners with CFO Day
Trustco sees profits more than double for the year to end-March
Nopasika Lila appointed as group FD of Barloworld
Finance flash: the TOP-10 articles of week 24, 2019
Be patient and enjoy the journey, says Fedgroup CFO Sheldon Friedericksen
Mary-Anne Musekiwa appointed as Coronation Fund Managers new CFO
M&A Roundup: Naspers, Travelstart and Siemens make new acquisitions
ACSA appoints Lindani Mukhudwani as its new acting CFO
Meet Public Sector CFO of the Year Award winner Nonkululeko Dlamini
Meet Moving into Africa Award winner Arno Daehnke, Standard Bank FD
Meet Young CFO of the Year Award winner Umar Banda
Meet startup Quick Consols at the 2019 Finance Indaba
CFOs and Tech Special Feature part 5: Automation and self-service reporting at Standard Bank
Tsogo Sun Holdings completes unbundling of hotel division on the JSE
CFOs and Tech Special Feature part 4: Mike Martin lives and dies by Excel
CFOs and Tech Special Feature part 3: For Tiffany Boesch, technology is about freedom and balance
Broll Property Group and Cushman & Wakefield enter into an exclusive affiliate arrangement
NEPI Rockcastle seventh Top 40 company to list on the A2X
BlackLine makes its fourth consecutive showing at Finance Indaba 2019
Breaking dominant logic earns billions - always ask "why?"
CIMA appoints Amal Ratnayake as its 86th president
Tongaat Hulett's request for JSE shares to be suspended granted
Meet multiple CFO Awards winner André du Plessis, Capitec CFO
Finance flash: the TOP-10 articles of week 23, 2019
IIA SA calls for greater protection of internal auditors after SABC audit exec assassination attempt
Premier CFO Kobus Gertenbach focuses capex on the things that matter the most
Edupower Skills Academy's Rajan Naidoo explains new B-BBEE amendments
M&A Roundup: Patrice Motsepe, Shell and MAS Real Estate make bold moves
SAA appoints general manager for operations Zuks Ramasia as acting CEO
CFOs and Tech Special Feature part 2: Afrimat CFO on running your life and work globally
President Cyril Ramaphosa calls on SOCs to contribute to economic revitalisation
Oceana Group appoints Elton Bosch as CFO
Intu Properties has appointed Robert Allen as new CFO
Resistance is futile: The digital future is inevitable
Minister of Finance Tito Mbowni takes to twitter regarding SA Reserve Bank's mandate
Draftworx to share technology solutions that push boundaries at Finance Indaba
SOE CEO resignations: What their replacements must do to turn their organisations around
Kagiso Lerutla announced as new City of Ekurhuleni group CFO
Meet Transformation & Empowerment Award winner Hannes Boonzaaier
Cassel & Co sees companies demanding specialisation from recruits
Tongaat Hulett undergoes forensic investigation for "concerning" past practices
Investec Specialist Bank CFO Marlé van der Walt: "I thrive on change"
Finance flash: the TOP-10 articles of week 22, 2019
SAA CEO Vuyani Jarana resigned last week Thursday
M&A Roundup: Sibanye-Stillwater, MTN and Airtel Africa making waves
Arrowhead CFO Imraan Suleman resigns following alleged financial misconduct
CFOs and Tech Special Feature part 1: Fedgroup CFO balancing work and home
Comair appoints Glenn Orsmond and Wrenelle Stander as joint CEOs
Black Umbrellas: Stories of success in using ESD budgets to grow small businesses
Nik Rabinowitz will be concluding Finance Indaba 2019 with a laugh
Vukile delivers sound performance in an extremely difficult economy
You don't put percentages in the bank
Telkom CFO particularly proud of 5 percent topline growth in a difficult climate
Afrimat's strategy of diversification is delivering, says Pieter de Wit
Finance Indaba Gold Partner W.consulting explains IFRS 9's approach to impairments
Why the CFO is the guardian of the big picture, according to Page Executive
IIA SA calls on Ramaphosa to take a strong stance as a champion of good governance
Nampak CFO Glenn Fullerton's remarkable journey to recovery after a cycling accident
Finance flash: the TOP-10 articles of week 21, 2019
Eskom announces CEO Phakamani Hadebe has resigned for health reasons
CIMA announces new Africa regional vice president
Ascendis Health CEO's contract terminated after "poor performance"
Paul Victor reveals how Sasol is addressing the cost overrun on the Lake Charles project
Old Mutual suspends CEO Peter Moyo for "material breakdown in trust"
CFO Cares: Brett and Candice Tromp support Orient Hills Day Care
Shirley Machaba appointed as PwC South Africa's first woman CEO
Former Naspers CFO Eric Wiese's killers convicted
SurTech to talk real-time, accurate decision making at Finance Indaba
CEO Erik Venter bids goodbye to 23-year tenure at Comair
Mock meat makes money as Beyond Meat lists on Nasdaq
Spectacular CFO Awards give Deloitte deputy CEO hope for SA's future prospects
The good, the bad and the ugly
Goldman Sachs appoints operations auditor from outside of Big Four accounting firms
VeriCred Collections signs up for Finance Indaba 2019
Mark Gregg-Macdonald steps in as Transnet acting CFO
CFO Charl Keyter: Presiding over Sibanye-Stillwater's Lonmin acquisition
Finance flash: the TOP-10 articles of week 20, 2019
Capitec merge with Mercantile has been approved by the Competition Tribunal
Dis-Chem plans to grow stores despite the depressed retail environment
M&A Roundup: Naspers, Huge Group and Vodacom make headlines
MTN Nigeria becomes second biggest stock on Nigerian Stock Exchange.
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