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The fintech startup provides companies with a simpler way to complete their FICA compliance process.

Increased use of machine learning and cloud services could place the financial world in jeopardy

Network with South Africa's finance elite at the Sandton Convention Centre on 3 and 4 October.

The independent education provider has seen a jump in revenue from R1,051 million to R1,242 million.

South African billionaire Patrice Motsepe's African Rainbow Capital is set to acquire 90% of TymeDigital for an undisclosed sum

Despite having played a huge role in the company's expansion, CFO David Wells has resigned.

Retail Pharmacy International has appointed Wayne Beifus as their new CFO with immediate effect.

Carol Lupiya is the Africa region director for The Finance Business Partner. With a background that spans financial and management accounting and management consulting in public and private sectors, Carol brings her broad experience to companies with the finance business partnering concept - one that she tells CFO Magazine is the key to finance driving better business performance and businesses escaping the 'silo-ism' mentality.

Debbie Ransby, former finance director of Takeda, has been appointed as its managing director.

A rise in capital expenditure pushed up depreciation costs while its share price dropped almost eight percent lower.

Chris van Zyl, Stormers rugby player, keeps himself busy off the field by running an accounting practice.

The University of Cape Town has launched a massive open online course examining the rise of FinTech companies, regulation and related technology.

SARS has announced the appointment of Johnstone Makhubu as their permanent CFO.

July is the first month since the start of this year that the index has risen. 

The future of the finance profession will rely on technological competitive advantage, says Sean Gossel, senior lecturer in Finance at the UCT Graduate School of Business.

Mining company Glencore this week reported a 23 percent increase in first-half core earnings.

The construction firm did however say that it might revisit this in future.

Strong performance from Ecobank, its west African associate, offset a weak showing in South Africa.

He will be replaced by an interim CEO until a suitable full-time replacement can be found.

A recently published report by ACCA looks at the interrelation between businesses and society over the years and the importance of good corporate governance.

The fourth industrial revolution has the potential to disrupt every industry in every country, says UCT-GSB's Rayner Canning.

"I believe in the mantra: in year one you learn, in year two you deliver your best, in year three you make sure you have a successor in place before you target a more challenging opportunity and elevated role."

In addition, the country's gross reserves fell to $50.511 billion in July, down from $50.582 billion.

When times are tough, many companies and organisations instinctively want to tighten their belts - and this often means cutting down on executive training and marketing spend.

Online technology is revolutionising how we do business, says company founder Terence Naidu.

He will be succeeded by Prof. Suresh Kana on 1 October.

Bongiwe Ntuli will be taking over from Anthony Thunstrom as CFO of TFG from 3 September.

Women's Dinner attendees attest, CFO South Africa has gone above and beyond to create events that are relevant to CFOs' challenges and interests.

This on lower foreign exchange losses and financing costs, the company said.

It will be the country's biggest brewery deal to date.

According to the paper company, profit rose to R9.8 billion, up from R7.8 billion.

A report has confirmed that the greater Cape Town area, including Stellenbosch, is Africa's tech capital.

General Motors will have a new CFO on 1 September, when 39-year-old Dhivya Suryadevara takes the reins.

A South African consortium this week launched a new majority black-owned equities brokerage.

Speaking at the CFO and CHRO Women's Dinner, two leading women executives shared the stories of their professional journeys.

The Women's Dinner, held at the Radisson Blu Sandton, tackled the importance of sponsorship of women, by women - and also by men.

FinTech incubator AlphaCode is seeking black-owned FinTech startups and innovators with ideas that could change the face of financial services

Soomra, the company's CFO, has been interim CEO since February this year.

Articled clerk Xolani Ndawonde got in touch with us to let us know how CFO South Africa has motivated him while he completes his studies.

Mohammed will stand in for Osman Arbee, who is away on medical leave until next year.

JSE-listed aluminum producer Hulamin has reported a 77% decline in headline earnings per share for the six months ended June 30

Hanré Rossouw has been appointed as the new CFO and executive director of Royal Bafokeng Platinum from 1 October 2018.

Cuan Hopley is the chief operations officer at InvoTec - the parent company of two fintech solutions called InvoSet and Bizcash, both recently acquired by Investec. They have confirmed their partnership with the Finance Indaba 2018 for the third year running. Cuan talks to CFO magazine about the origin and growth of these companies, as well as what participating in the Finance Indaba means to the group.

Ratings agency Moody's has upgraded Gold Fields' credit rating to investment grade. 

South Africa's economy contracted 2.2 percent in Q1 of this year.

If all goes to plan, construction on the project will begin next year.

"Finance needs to position itself to make sense of all of these new disruptors and technological developments."

KPMG will however remain Gold Fields' auditors for the 2018 financial year to end December.

Africa's FinTechs have received almost $100 million already in 2018, with prospects for the sector looking bullish

Various South African and Chinese projects will benefit from the R8 billion in loans.

South Africa's leading women CFOs and CHROs have been signing up to take part in the Women's Dinner, sponsored by PwC, Workday and Transparent.

"In several global markets, mobile payments have already surpassed cash, becoming the preferred payment method."

The company swung to a loss in Q2, also announcing plans for a share issue to reduce debt.

Standard Bank's CFO of Group Tech says that CFOs "sticking to their knitting", could result in the next large corporate failure.

Blacfox provides a platform for connecting business and technology providers

The working capital marketplace for corporates and their supply chains has realised turnover growth of over 2 000%

Attacq has announced the appointment of Melt Hamman as permanent CEO and Raj Nana as CFO.

Dushnisky replaces outgoing CEO and executive director Srinivasan Venkatakrishnan.

"It is enabling different types of distribution, through to new types of economies, such as the shared economy or the ecommerce economy."

Eskom has reported a loss after tax of R2.3 billion in a disturbing set of results that reveal that the state-owned enterprise's woes are far from over.

Specialist in software solutions Associated Computer Solutions (ACS) offers state-of-the-art enterprise resource planning (ERP) software

"This adds perspective on a short-term, day-to-day basis when decision-makers within organisations are faced with choices," says Philip Nottingham, a.b.e. Construction Chemicals CFO.

South Africa's first ever CFO Journey was dubbed the country's best ever event for finance executives by the 20 leaders attending the 24-hour programme around innovation and value creation.

Billionaire businessman Christo Wiese has been caught up in a case in which Sars claims that a law firm at which he was an executive, ENS, helped multinational oil company Tullow shift about R3,9 billion in assets out of the country

The first ever CFO Journey, a two-day programme designed to touch the brains and hearts of finance leaders, was off to a great start with 20 top CFOs learning and networking together.

Nine out of 10 FinTech startups fail to get beyond the seed stage, as risk-averse investors prefer to wave their wallets at later-stage companies

The impairment of its Australian department store chain David Jones means Woolworths will report a loss.

Following the announcement, the steel maker's share price jumped five percent.

Annual sales growth for Shoprite, Africa's biggest supermarket chain, has slowed in Angola.

The two entities have invested R2.6 billion into platinum venture funds.

4AX has welcomed diversified financial services group Vunani Capital as its newest approved Issuer Agent.

The judging panel of the annual CFO Awards received yet another high-quality injection with the addition of Herman Bosman, CEO of RMI and RMB Holdings.

The video-streaming service saw shares drop by 15 percent, after adding one million less users than predicted.

Envisionit E-Escrow facilitates and secures online and real-world transactions, taking the risk out of buying and selling.

Zimbabwean President Emmerson Mnangagwa was on hand as C-Trade, the country's online and mobile shares trading platform, went live.

South Africa's first ever CFO Day was an incredible success, with a top cast of 130 finance leaders learning and networking together during a thought-provoking programme that touched head, heart and soul.

A small group of CFO Day attendees were treated to something of an M&A master class.

Nando's founder Robbie Brozin and Super Group CEO Peter Mountford discussed how to retain a spirit of entrepreneurship in large organisations at CFO Day. Optimism is key.

TransUnion CEO Lee Naik and disruptor Ian Russell discussed the attributes that future CFOs need at CFO Day.

PPC's Tryphosa Ramano and Deloitte Consulting Africa's Thiru Pillay urge their colleagues to exhibit discipline, honesty and integrity.

Speaking at CFO Day, Altron CEO Mteto Nyati shared the learnings from his own turnaround journey at the company.

The Bloomberg Billionaires Index has pegged the Amazon founder's net worth at $150 billion.

An incredible selection of finance executives flocked to Marble Restaurant in Rosebank on 17 July for the first ever South African CFO Day. The annual event is the best opportunity for CFOs and FDs to learn and network together.

Blockbonds, together with I&M Bank Rwanda, has announced the full product rollout of SPENN.

Anglo American Platinum is expecting first-half profits to increase by 350 percent.

"We forward-hedge where we can but need to carefully manage our budgets and allow for exchange rate volatility."

Durban finance leaders are in agreement: if you want to drive innovation and value creation, people hold the key.

Amazon Web Services has announced the launch of a new Amazon CloudFront Edge location in Cape Town.

While the number of loan applications has stayed the same, new consumer credit is down by 10 percent.

Saudia Arabia has pledged to invest as much as R133 billion in the country, primarily in renewables.

A $1 billion injection to finance programmes will expand trade between SA and the rest of Africa.

Kobus Roesch has been appointed as the new Standard Bank CFO of Investment Banking, with effect from 1 June 2018.

Standard Bank appointed Sibusiso Xaba as the new CFO of Transactional Products and Services on 1 June 2018.

In a deal worth R23 billion, the South African fund has acquired seven casino and hotel businesses.

Only a few short days left until SA's top CFOs and business leaders gather at Marble Restaurant for CFO Day.

Merafe Resources has announced the appointment Ditabe Chocho to fill the role of FD when Kajal Bissessor leaves in August.

Absa has overhauled its look and mission and changed its name as the bank enters a new Afro-centric era.

"So many people - even in big corporates - have no idea what Excel is capable of and how to work smart instead of hard."

On 18 July 2018, Growthpoint Properties will list on A2X, the first property listing on the exchange.

Successful private equity is about patience, measured risk, and critically the right marriage of management and funder, says RMB Corvest CEO Mike Donaldson. It takes the same long term view and prior homework as a marriage - with the same extensive potential for mutual benefit.

Finance chiefs are looking to add workers to boost digital transformation

Backed by National Treasury, SARB has guaranteed more than R300 million in retail deposits at VBS Mutual Bank.

Keep your CFO's hands off the tech budget, and put your CIO on the board.

Consumer credit reporting agency TransUnion helps consumers and businesses stay safe from fraud.

Mobile payment app Zapper makes its debut at this year's Finance Indaba.

Top educator Graduate School of Business at the University of Cape Town to exhibit at this year's Finance Indaba.

The Banker has released a list of the world's top 1,000 banks, on which five South African banks are named.

Sean Capazorio's Finance Transformation Award winner speaks to us about the global success of Aspen Pharmacare, the role of finance and how he managed to turn the numbers from cold figures into good stories.

PwC has launched a Japanese-Africa desk to facilitate investment and partnerships, and improve links between businesses in Africa and Japan.

Domestic new vehicle sales grew by three percent in June, beating industry expectations.

SA's foreign-exchange reserves have dropped from $43.36 billion to $43.02 billion, says the Reserve bank.

"State of Innovation" survey reveals numerous obstacles CIOs face, despite tangible benefits and ROI from innovation investments.

Alvin Liew has announced his resignation as CFO of Monash South Africa, with effect from August this year.

Phumeza Nhantsi says her dismissal was based on unfounded allegations regarding a tender with BnP Capital.

This is the ninth listing for the still fairly new exchange.

Fast-track your confidence and success with Excel Academy's interactive workshops.

Dropbox Business takes teamwork to the next level, allowing you to scale your business smartly.

Click2Sure offers a scalable and modular digital insurance solution.

Specialist financial recruitment company Blue Recruiting will be exhibiting at this year's event.

Patrice Motsepe's African Rainbow Capital is reportedly in talks with the Commonwealth Bank of Australia to become the sole owner of digital bank TymeDigital