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SA's trade surplus widens

South Africa's trade surplus grew to R3,52 billion in May, up from a R1,17 billion surplus in April.

EOH subdivides its business

Execs are also considering spinning one of the entities off and trading the shares separately.

Tsholofelo Molefe replaces Deon Fredericks as Telkom CFO

Tsholofelo Molefe is the new CFO at Telkom. She officially starts in the role on 1 July, taking over from Telkom veteran executive Deon Fredericks, who moves into the newly created role of chief investment officer.

Naspers reports hefty rise in profit

South African media and e-commerce behemoth Naspers reported a massive 72 percent rise in annual profit on the back of yet another imperious showing from Tencent.

SABC in the spotlight

The board chair said this week that the SABC needs to be run like a commercial entity.

Tough times for SA

The country's current account deficit widened to 4.8 percent of GDP in Q1, as exports slumped.

27four to buy Prescient Life

The financial services group announced today that it has entered into an agreement to buy 100 percent of Prescient Life.

Finally - your chance to master excel

Excel Academy and CFO South Africa have teamed up to deliver a signature online course at a price that's hard to beat - but Friday midnight is the deadline for using the discount code.

Timelines have consequences

And leaders need to understand this, says Prof Tim London of the UCT Graduate School of Business.

Denel CFO on special leave

Odwa Mhlwana, Denel CFO, has been placed on special leave pending a disciplinary investigation.

More profit for Naspers

The company is seeing excellent returns from Tencent and other e-commerce businesses.

Another new bank for SA

There's more competition in the country's banking sector, and this one is all-women-owned.

Another fuel price hike is coming

Fuel price increases have the greatest effect on motorists, public transport users, non-electrified households, and farmers.

Mills Soko leaves UCT-GSB

Director of the UCT Graduate School of Business Mills Soko has resigned from his role for personal reasons.

Global CFO optimism levels soar - survey

More than 40 percent of US companies say they plan to boost wages and 38 percent will increase hiring in 2018 because of recent tax reform, according to results of the Duke University/CFO Global Business Outlook

Reserve Bank to release debut FinTech report

The South African Reserve Bank (SARB) has announced that it will soon launch a report on Project Khokha, the first project by its recently launched FinTech Unit

Finance flash: the TOP-10 articles of week 22, 2018

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.

The return of Pepkor

Steinhoff Africa Retail says it plans to change its name back to Pepkor Holdings. 

Attacq now a Reit

Mall of Africa owners Attacq have converted to a Real Estate Investment Trust (Reit) on the JSE.

Ascendis Health lists on A2X

The multinational health and care brands company is the first healthcare company to list on the new exchange.

Oceana delivers solid results

African fishing behemoth Oceana Group posted a solid set of results for the six months ended March 2018, as efficiencies on the continent and material volume improvements made an impact

IRBA struggling to keep up

While the IRBA battles to keep up due to resource constraints, Nene says SA's audit laws need an overhaul.

ACCA partners with Finance Indaba 2018

The Association of Chartered Certified Accountants (ACCA) is a global body for professional accountants, whose members are some of the world's most sought-after financial professionals.

CFO Awards 2018: high praise from CFOs and sponsors

CFOs and business leaders from partner firms like Deloitte, PwC, EY, Thomson Reuters and Ansarada showered the 2018 CFO Awards in compliments and rave reviews after the successful gala event on 10 May at Constitution Hill.

 

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