Your source for the latest news, expert insights and interviews.
CFOs discuss the external factors affecting their companies' performance and share how they deal with them. The former Bosasa CFO revealed he and Angelo Agrizzi used a tractor to dispose of incriminating documents. Mqondisi Gumede will discuss why "psychological innovation and insight is just as valuable as technical innovation." Santam will be listed on JSE competitor A2X Markets exchange as of 1 February 2019. Uncertainty and change make for tough decision making. CFO SA's Graham Fehrsen offers tips to help. Mohammed Akoojee takes over as the recently listed Imperial Logistics CEO as of 1 February. The CEO says that it was never her intention to stay for this long. Awards Judges impressed with the calibre of the nominees interviewed ahead of the 15 May ceremony. Former CFOs Andries van Tonder and Patrick Gillingham have been named in the testimony by Angelo Agrizzi. 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. Jaco Maritz has 18 years of mining experience, but he's proudest of the people he's developing. Santam CFO Hennie Nel has been nominated for the CFO Awards 2019. Yoco's annual Q4 2018 Small Business Pulse shows small businesses are more buoyant than big. MultiChoice to list on JSE, Edcon hopes for PIC funding and Absa joins with French bank. "CFO Clean Audit" Irene Singo moves from the Department of Mineral Resources to transport industry. Capitec, Black Umbrellas, Jaguar Land Rover, Torre Industries and 4AX's CFOs explain their approaches. Her resignation is effective from end March, and she will work to ensure a seamless transition. Register for the Get Smart summit to discover the hows and whys of insights like these. The IDC's CFO Nonkululeko Dlamini has been nominated for the CFO Awards 2019. How to win at this next, big, bright, brilliant thing that is digital transformation. Shahied Daniels has been appointed as the new CEO of SAIPA as of 21 January. Royal Bafokeng Holdings' CFO Nakedi Ramaphakela has been nominated for the CFO Awards 2019. A management services agreement states that Glencore International will make personnel available to Katanga. Some of the best finance leaders of the country came to the Deloitte headquarters in Woodmead on 21 January 2019 for the first CFO Awards nominee interviews of the year. Grant Pattison, Edcon CEO, says the company is working on detailed clauses of the final agreement. 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. Acting CFO Mohammed Mahomedy says Transnet is spending significant time going through thousands of contracts. The Reserve Bank governor speaks out about ANC's call for a "flexible monetary policy regime". Dealmakers are looking at Kenya, Group Five sells of its subsidiaries and Helios Towers enters SA market. Delivering a stronger finance team, ensuring a succession path and enjoying the fine local gins
The new laws deal with excise duties, anti-avoidance, and evaluating the impact of increasing VAT. Is it their interpersonal skills, their leadership qualities or their values? We reveal leading CFO characteristics. Elon Musk hints that Tesla will probably be coming to SA at the end of 2019. Lillian Barnard has been appointed as the new managing director of Microsoft South Africa. The Get Smart summit this February will present the EOH Group FD and other inspirational speakers. The Land Bank has appointed Konehali Gugushe as its new acting CFO. SAA has appointed Vusi Pikoli as its new chief risk and compliance officer from 1 February. Beware staff who say, "But we don't do it that way." Jabu has replaced Udayan Sen as CFO of BP Southern Africa as of 1 January. John Hudson has been appointed as sugar producer Tongaat Hulett's new CEO. Kumba Iron Ore's CFO Bothwell Mazarura has been nominated for the CFO Awards 2019. Several Steinhoff International directors have been served with papers as part of multibillion-rand lawsuit. Want to keep up to date with the latest developments in finance, but are short of time? Don't worry. CFO South Africa weekly collects 10 of the most important articles from international media for your convenience. Creditor LSW GmbH is challenging Steinhoff's plan to restructure its convertible debt into new secure loans. Three Alexander Forbes executives have resigned as the company moves forward with a strategic review. Jaco Maritz, Syspro CFO, believes that South Africa does not lag behind its global tech counterparts. Discovery Bank has appointed Frank Rizzo as head of internal audit as of January this year. Adapt-IT to buy Wisenet Group and Ascendis Health to sell its manufacturing facility to Mylan. The entrepreneur and businessman appeals to all decision-makers in business to do right by SMEs. Manenzhe Manenzhe's appointment follows the implication of former CFO Charity Wurayayi in a controversial tender. Lindsey was integral in the establishment of Climate Fund Managers and will now head up finance. SAA secures the R3.5 billion loan it needed to keep operating until March 2019. The ex-Huge Group CFO will be filling the roles of chief financial and commercial officer. On Monday, Jim Yong Kim announced his resignation as president of the international lending institution. He took on the role following Sanooj Pullarote's resignation amid concern over months-delayed financial results. SA private sector business activity's deterioration eases as expectations improve for 2019. SAPS announced Dimpane's appointment, along with the new divisional commissioner for HR Development, in December. These three business leaders had the best-read Expert Insights on CFO South Africa in 2018. "Integrated employee experience", admin automation and the gig economy will revolutionise our workplaces. The Fourth Industrial Revolution is upon us. Finance Indaba speakers explained how to be prepared. At a glittering ceremony in May, Christine came away with a record four CFO Awards. A rising middle class and extensive mobile penetration make Africa a land of opportunity for insurers. WiFi, IoT, personalised services - smart cities are providing businesses with opportunities to grow and flourish. Obsidian's Muggie van Staden: "2019 is going to be an intriguing year for open source." Wayne Koonin, Arie Maree and Piet Mouton share their strategies for closing winning deals. Mariska Casey, UJ accounting lecturer, says a rush of blood to the head is good for CFOs. Syrex's Ralph Berndt: Companies must be able to operate in the face of malicious cyber-attacks. Once hailed as the killer app, email is dying. Are you ready for instant messaging? Want to keep up to date with the latest developments in finance, but are short of time? Don't worry. CFO South Africa weekly collects 10 of the most important articles from international media for your convenience. Sanjay Mewalall's assets were seized following allegations that he defrauded the municipality of R2 million. In 2018, the CFO community shared their insights with CFO South Africa. Here's what they had to say. These articles were the Top Five trending articles on www.cfo.co.za this year. Lauren Berrington, Bidvest's chief audit executive, and her team brought an audit bot to life. Many South African corporates invest in art, but how are these assets accounted for? From golf and cycling to wine aficionados and art collectors, these are wealthy South Africans' hobbies. These CFOs appointments and resignations made a big impact in the past 12 months. The South African Airways Pilots Association has a plan to save SAA R313 million over three years. The Enterprise Solutions head says CFOs are now important players in taking calculated technology risks. Anthony Clacher replaces Cristina Teixeira as Group Five CFO from the end of December 2018. Chairman Professor Wiseman Nkuhlu says KPMG is very different from what it was 18 months ago. MTN group executive Herman Singh says these four attributes take time but are worth developing. Motlanalo's Koko Khumalo: "I have been waiting for an opportunity to empower my staff." Hulisani's CFO Masibulele Dem has been nominated for the CFO Awards 2019. Wade International appointed Garron Stewart as their new financial director, starting in November. 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 CFO Award winner says to treat people respectfully, be interested, and not make assumptions. The IDC announced the appointment of Tshokolo Nchocho following the resignation of stalwart Geoffrey Qhena. "I don't like that their commitment lasts for work hours only," the misguided CEO said. Absa's financial director Jason Quinn has been nominated for the CFO Awards 2019. In the headlines: Grant Thornton completes BDO merger and Telkom eyes Cell C. Meng Wanzhou faces extradition to the US on suspicion of violating US sanctions. Fortress announces Ian Vorster as its new CFO, and Steven Brown as CEO designate. Nampak's CFO Glenn Fullerton has been nominated for the CFO Awards 2019. The iconic chicken brand founder talks people, poultry and the fight against Malaria in Africa. The decision by the organisation and the judging panel follows legal action by Transnet. The CFO believes their track record and disciplined approach will continue to deliver excellent returns. Not getting the talent you want? Engage the universities, says UCT Graduate School of Business's Tim London. JobsinFinance.co.za is the number-one portal helping finance professionals to make rewarding career moves. The firm continues to support finance leaders at the 2019 CFO Awards and CFO SA events. Phembani Group's executive director of finance Sizwe Nkosi has been nominated for CFO Awards 2019. Standard Bank announces the appointment of a new chief executive for Wealth South Africa Division CFO South Africa asked the insurance CFO about his role driving the group's FinTech revolution. 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. NEPI Rockcastle fights back after Viceroy alleges the development company overstated its profit. EOH Holdings has announced the appointment of Megan Pydigadu as its new group financial director. Also, Intu Properties takeover fails, Tawana Resources merging with Alliance Mineral Assets and more. In a presentation, SAA suggested a turnaround plan and funding for the next month into 2019. ACS-Embrace is a specialist in ERP Software for a range of industries including financial and automotive. Capitec CFO André du Plessis says they've been doing their business banking homework for some time. After 16 months as acting CFO of Eskom, Calib Cassim has been permanently appointed. Struggling to decide on where and how to spend your annual enterprise development budget as your financial year-end approaches? Consider partnering with Black Umbrellas. African Rainbow Capital's CFO Bridget Radebe has been nominated for the CFO Awards 2019. Mountain biking and finance transformation: Deloitte's Carryn Tennent enjoys the twists and turns of both. Cliffe Dekker Hofmeyr's cross-border M&A head says foreign investors are also considering Kenya and Botswana. KPMG SA announced on Wednesday that Ignatius Sehoole has been appointed as their new CEO. Learn from Starbucks and support your staff's studies - you'll become an employer of choice. Afrimat CFO Pieter de Wit says finance professionals must embrace technology to free up their time. CA Avhaathu Ntsho became a chef and plans to combine her skills in restaurant ownership. JSE fines Pepkor for inadequate disclosures made during their listing and financial results in 2017. Matshepo More takes over from Dan Matjila as acting CEO of the Public Investment Corporation.The top 5 factors CFOs say affect company performance
Blow by blow: Andries van Tonder has his day in court
Get Smart summit to get people thinking about getting the most out of their teams
Santam CFO Hennie Nel: We're encouraging competition with A2X listing
Practise agile thinking to make great decisions in 2019
Imperial Holdings CFO Mohammed Akoojee becomes CEO
Maria Ramos to retire as Absa CEO at the end of February
CFO Awards judging kicks off with three days of nominee interviews
The two former CFOs at the heart of the Bosasa corruption scandal
Finance flash: the TOP-10 articles of week 4, 2019
Acacia CFO Jaco Maritz on personal growth, people development and mountain biking
Hennie Nel nominated for CFO Awards 2019
Yoco releases The Small Business Pulse for Q4 2018
M&A Roundup: Naspers, Absa and struggling Edcon make headlines this week
Irene Singo new Cross-Border Road Transport Agency CFO
Work-life schmalance? Four CFOs share how they have - or haven't - achieved this
Eskom Pension and Provident Fund CEO Nopasika Lila resigns
Rob Katz: If you're not working in a team, you're dead!
Nonkululeko Dlamini nominated for CFO Awards 2019
Seven caveats to consider when implementing digital transformation
SAIPA appoints Shahied Daniels as chief executive
Nakedi Ramaphakela nominated for CFO Awards 2019
Glencore's Paul Smith takes on the role of CFO of Katanga Mining
Judges start interviewing CFO Awards 2019 nominees
Unidentified investors rescue debt-laden Edcon
Finance flash: the TOP-10 articles of week 3, 2019
Transnet taking former executives to court for a lost R1.3 billion.
Lesetja Kganyago: ANC's aim to change the Reserve Bank mandate is "unconstitutional"
M&A Roundup: 2019 - set to be tough but also rewarding
Udayan Sen reflects on his time as CFO of BP Southern Africa
Ramaphosa signs three new tax bills into law
Five CFOs share what they believe makes a person great in the role
Tesla will be coming to SA "probably" at the end of 2019
Microsoft SA appoints first woman MD Lillian Barnard
Megan Pydigadu to reveal how you can build a better business through collaboration
Konehali Gugushe new Land Bank acting CFO
Vusi Pikoli new SAA chief risk and compliance officer
Forget about learning - those who are future-ready are those who can UNlearn
Jabu Ndlovu appointed as new BP Southern Africa CFO
From beer to sugar: Former SABMiller CEO takes the lead at Tongaat Hulett
Bothwell Mazarura nominated for CFO Awards 2019
Ex-Steinhoff CFO Ben la Grange facing investor class action
Finance flash: the TOP-10 articles of week 2, 2019
Steinhoff restructure challenged by creditor
Alexander Forbes loses three more executives
Syspro CFO: SA is forging ahead in the tech space
Frank Rizzo new head of internal audit at Discovery Bank
M&A Roundup: Dealmakers brace for M&A uplift in 2019, starting with these
Marnus Broodryk responds to Woolworths' apology to Ubuntu Baba
Manenzhe Manenzhe new City of Johannesburg CFO
Climate Fund Managers appoints Lindsey Ord as CFO
SAA secures R3.5 billion loan to ensure future operations
Zunaid Bulbulia takes on dual role at Mobile Outsourcing Solutions
World Bank announces resignation of its president
Heinrich Stander appointed as Choppies CFO as the company reassesses accounting policies
IHS Markit Purchasing Managers' Index: private sector activity deterioration slowing
SAPS appoints major-general Puleng Dimpane as new CFO
Three experts whose insights had an impact
2019 - The year technology will change the way we work
Finance Indaba 2018 hot topic: Surviving the Fourth Industrial Revolution
2018 highlight: AngloGold Ashanti's Christine Ramon named CFO of the Year
Smart companies will respond to Africa's demand for innovative insurance solutions
Smart cities set to change the way business and citizens interact
Amazon and Microsoft are positively changing cloud and open source in SA
Leading deal-making strategies explained by the experts
Physical strength drives mental strength for CFOs and weight lifting
Forget cybersecurity - the time for cyber resilience has come
Has your business planned for the death of email?
Finance flash: the TOP-10 articles of week 50, 2018
Richmond Municipality CFO's home and cars seized
CFOs speak their minds: Top finance boss interviews in 2018
CFO South Africa's most popular articles of 2018
Introducing Bidvest's bot in the boardroom
The finance of fine art - how corporate art collections are valued
The top hobbies of wealthy South Africans
Challenges, opportunities, new roles - the top CFO movers of 2018
SA pilots' plan to save South African Airways
CFOs' new relationship with tech explained - Deloitte's Arun Babu
Anthony Clacher new Group Five CFO
KPMG SA appeals for recognition, patience and permission
Health, wealth, wisdom and reputation - not built overnight
Motlanalo to access EY's resources, teams and expertise through new partnership
Masibulele Dem nominated for CFO Awards 2019
Garron Stewart new Wade International FD
Finance flash: the TOP-10 articles of week 49, 2018
ITL CFO Peter Walsh: "Successful transformation requires an all-in attitude"
Tshokolo Nchocho appointed as new CEO of the IDC
CEO complains that staff go home at 6pm, internet unleashes fury
Jason Quinn nominated for CFO Awards 2019
M&A Roundup: This week's big deals - Rebosis, Santaco and more
Huawei CFO Meng Wanzhou arrested in Canada
Fortress's management changes: new CEO, CFO, COO and non-exec directors
Glenn Fullerton nominated for CFO Awards 2019
Nando's Robbie Brozin explains how to rule the roost
CFO Award received by former Transnet CFO Garry Pita suspended
Naspers's Basil Sgourdos says the group is well positioned to drive growth
Tim London: "Don't hope for the talent you want - build it!"
Jobs in Finance offers first-class jobs from leading employers
Deloitte affirms commitment to CFOs with CFO Awards partnership
Sizwe Nkosi nominated for CFO Awards 2019
Peggy-Sue Khumalo first black woman to head the Standard Bank wealth unit
Nine questions for OUTsurance CFO Jan Hofmeyr
Finance flash: the TOP-10 articles of week 48, 2018
NEPI Rockcastle calls for a market abuse investigation into Viceroy Research
Megan Pydigadu to take on the role of EOH Holdings Group FD from January
M&A Roundup: Rio Tinto, Exxaro, MTN in the headlines
SAA needs R7.5 billion to fund further operations
Learn about ACS-Embrace's ERP business solutions at Finance Indaba 2019
Behind the scenes: Capitec CFO explains the Mercantile Bank acquisition strategy
Calib Cassim now Eskom's permanent CFO
A solution for your year-end enterprise development woes
Bridget Radebe nominated for CFO Awards 2019
Navigating the winding path of finance transformation
M&A Flash: Deepa Vallabh: South Africa is not the only gateway into Africa
KPMG SA appoints ex-SAICA president Ignatius Sehoole as CEO
Upskilling employees makes you more money and your staff happier
Explained: how finance professionals can become business partners
CA turns to a career in the kitchen - but doesn't cook the books
Pepkor fined R5 million by JSE for breaching listing requirements
PIC CFO Matshepo More steps in as acting CEO
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