Your source for the latest news, expert insights and interviews.
Mary Vilakazi, previously deputy CEO of MMI, is the new group COO and executive director of FirstRand FinTech firms are toning down the fighting talk that marked the beginning of the movement, as the realisation dawns that they will be hard-pushed to succeed without the support of incumbent banks The Auditor-General of South Africa exists to strengthen the country's democracy by enabling oversight, accountability and governance in the public sector Imperial Holdings CFO Mohammed Akoojee shares what he's learnt about perseverance and opportunity. Mark Steyn to replace Peter Meijer as Bidvest Group CFO Sasol's headline earnings per share showed a 17% increase in the six months to end-December 2017, above market guidance on the back of a higher oil price SA Airlink and Safair are disappointed that the Competition Commission rejected their proposed merger. The eThekwini Municipality has released its annual report detailing its solid performance over the past year Today's trying times require us to be the absolute best that we can be, says TWK Agri's Eddie Fivaz. According to Citi's David Lubin, South Africa has until the 2019 elections to cash in on the current global windfall. The digital revolution is changing how work is getting done in corporate South Africa, says FNB's Yudhvir Seetharam. Discovery will integrate its FNB credit card joint venture into its new bank. South Africa's consumer price inflation came out at 4.4 percent in January 2018. Join CFOs Ronel van Dijk, Andrew McMaster and Reeza Isaacs to talk about brand reputation. Imperial Holdings has reported record half-year revenue and a 16% jump in earnings. The Group invested 8% of earnings in new initiatives, including in Discovery Bank, Umbrella Funds, Vitality Invest, and Discovery Insure Commercial Insurance The UK's Financial Conduct Authority (FCA) has signed a collaborative arrangement to support FinTech innovation with the US Commodity Futures Trading Commission (CFTC) Getting the right people into your organisation is a challenge - and something we often get wrong, says UCT's Tim London. Liberty Holdings has appointed Yuresh Maharaj CA(SA) as its new Group Financial Director. Silindile joined the National Treasury in April 2016 from the Auditor-General of South Africa "We are pleased with the operating cash flow having increased by 19.3 percent," says Super Group CFO, Colin Brown. Millions of people in Africa now have access to financial systems thanks to cashless systems using digital technology and more and more people are seeing the benefits of mobile banking Public servants can positively impact people's lives, says Umar Banda, City of Tshwane CFO. Ramaphosa needs time to improve economic growth and stabilise public finances, says S&P. Rodney Gerald Nicol will serve as interim CEO of Oceana, following Francois Kuttel's resignation. Business leaders were equally inspired and challenged during the first ever combined executive summit for CFOs and CHROs in the beautifully decorated Summer Place in Hyde Park, Johannesburg. Larger-than-life Sygnia CEO Magda Wierzycka took the stage to call for visible leadership, followed by a panel discussion with equally dazzling Aarti Takoordeen (JSE Limited) and Sean Doherty (Standard Bank). The set of results continue a 71-year streak of profits for the aviation group, which goes all the way back to its founding The Commonwealth Climate and Law Initiative, a research project by the University of Oxford Smith School of Enterprise and the Environment, hosted a high-level symposium at the plush Four Seasons Westcliff hotel in Johannesburg recently Interim CEO Johan Claassen has been appointed permanent CEO of cement maker PPC. The quarterly revenue of Steinhoff Africa Retail (Star) has increased by 15.5 percent, now at R18.4 billion. Netcare chairman Meyer Kahn has stepped down after 17 years, replaced by Thevendrie Brewer. Zuko Mdwaba was recently appointed as the new country director in SA for Workday. Chris van Zyl, WP Rugby captain, has proven he is a pro at balancing both the numbers and the line-outs. TradeSafe is a licensed, independent FinTech company that safeguards a buyer's funds in trust until the seller delivers what was promised Comar has seen an increase in profits to R203 million, up from R199 million in the previous period. Listed in 1998, EOH attributes its 45% compounded annual growth to a culture of remaining prudent, and not just meeting, but exceeding, customer expectations Ayanda Mafuleka was recently appointed as CFO of African Exploration, Mining and Finance Corporation (AEMFC). Rian is part of the exco responsible for determining group and financial strategy. Imperial Holdings CFO Mohammed Akoojee says 2018 must be the year where "it all comes together". Anglo American's diamond unit, De Beers, has put one of its JV mines on the market. 2018 Davos conclave marked the official launch of IDAXC, the international Council charged with overseeing the emergent field of marrying and optimising cryptocurrencies to quantifiable assets FNB has surpassed Standard Bank in the ranking of most value banking brand in South Africa. Atlatsa Resources has appointed Shireen Stow as interim CFO, succeeding Reinhardt van Wyk. Rivasha Maharaj has been appointed CFO of AFGRI, taking over from Johan Geel. Bank regulators in seven US states have agreed to standardise parts of the licensing process in a bid to make it easier for FinTech startups to operate Leading CFOs Ronel van Dijk, Andrew McMaster and Reeza Isaacs, and CEO Magda Wierzycka, talk reputation. Dumisani Dlamini has left the National Arts Council to instead take up the role as SANParks CFO. Talita Ferreira, a former BMW CFO, says authentic leaders and cultures are the differentiators to financial and strategic success. Investec co-founder and CEO Stephen Koseff will retire this year, followed by the MD and FD. We scoured our archives to find handy tips for success from leading CFOs A deal between Total SA and Qatar Petroleum will see the latter hold a 45% stake in the oil block. Humanitarian agency Mercy Corps is partnering with Mastercard Foundation to push for adoption of technology to benefit Kenyan farmers Glenn was appointed to the role of CFO in 2015 The cloud solution provider will make its third consecutive showing at the event at the Sandton Convention Centre in October wiGroup has secured investment from two leading global companies to fast-track its entry into emerging and developed markets. KFC Africa CFO Sharon Naidoo is firmly focused on today's agility and tomorrow's leadership. In a bid to bring its trading platform closer to clients, A2X has partnered with data centre Teraco. CEO of Liquid Telecom, Kyle Whitehill, has tendered his resignation. Eskom has suspended Sean Maritz, its CIO and former acting CEO. We scoured our archives to find insights from top executives Anglo American will be selling its New Largo coal project to a group of black-controlled companies. The esteemed panel of judges of the CFO Awards chatted to the majority of the 2018 nominees during a jam-packed interview week, hosted at the Sandton offices of law firm Webber Wentzel. The Port Elizabeth-born executive won the Finance & Technology Award in 2016 Join CFO SA, CHRO SA, Workday and Magda Wierzycka at the upcoming 'Be the Change' event. Calib Cassim, the Acting CFO of Eskom, has said the power utility cannot commit to nuclear expansion. Set goals for yourself and pursue continuous learning, advises Motus CFO Ockert Janse van Rensburg. South Africa's Reserve Bank has established a three-man FinTech unit to monitor the impact of new technology developments MTN Group has said it returned to profit in 2017, having recovered from its $1 billion Nigerian fine Pushpender hold a BCom degree from Bikaner University and graduated as a chartered accountant from ICAI in India The rigorous interview process for the CFO Awards 2018 kicked off in impressive fashion, with seven two-hour long interviews with SA's best finance leaders. With the launch of its new Polo, VW has completed its R6.1 billion SA investment programme. "Do the basics brilliantly. If you do that, you will get most things right," says Andrew McMaster. Former Steinhoff CFO Ben la Grange has resigned as non-executive director of Steinhoff Africa Retail. Amplats has completed the sale of Union Mine and Masa Chrome for some R400 million. PIC has made an equity investment in ZAR X for the Government Employees Pension Fund 2017 was the best year on record for the continent's tech startups Brian Molefe has been ordered to pay back money he received from Eskom's pension fund Sasol expects a 6 percent increase in profit for the six months ending 31 December 2017 We scoured our archives to find out how leading CFOs got into finance African investment company Arise has partnered with FMO, the Dutch Development Bank and Above and US-based Beyond Tech (a&b) on a collaborative FinTech initiative Standard Bank's Stephen Brickett and Paul Fallon explain IFRS 9 and what it means for CFOs Workday's top executive Gonzalo Benedit on success, change and new challenges Eskom's suspended CFO Anoj Singh resigned on Monday evening This is Tryphosa's second nomination, after she was put forward in 2014 Magda Wierzycka, Treasury and the Finance Minister have joined forces against state capture "Nothing has captured the imagination in this new FinTech age quite like cryptocurrencies, specifically Bitcoin" "It's been a hectic few months," says Deloitte's new CFO Africa, Jen McDonald Jayendra Naidoo has resigned from the Steinhoff supervisory board to focus on STAR The South African Reserve Bank has kept the repo rate unchanged at 6.75 percent Risto Ketola, currently chief financial officer of MMI, has been appointed the group's FD We scoured our archives to find out how five CFOs approach work-life balance and achieve mental and emotional steadiness Wiseman Nkuhlu and Ansie Ramalho are new appointments to the KPMG board Indian-born chartered accountant Udayan is a finance professional with 25 years' post-qualification experience Finance must be the torch bearers of ethics, says Nkonki's risk advisory boss Emma Mashilwane Former Momentum MD Hillie Meyer has replaced Nicolaas Kruger as CEO of MMI Former FNB CEO Michael Jordaan is once again revolutionising the banking sector with the launch of Bank Zero - a 45% black-owned app-driven bank UCT's Tim London shares what he considers four positive outcomes of the Steinhoff scandal Johannesburg Mayor Herman Mashaba has removed Rabelani Dagada from the mayoral committee for finance She is also a director of Kumba Iron Ore Bernard Agulhas, CEO of Irba, says the body's investigation in audit firm KPMG is almost complete 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. A strategic business partner, Joe leads, plans, directs and influences multiple functions within finance in the Africa region Get the basics right to see continued success, says Torre Industries CFO Shivan Mansingh SARS has said it is looking into the tax implications of transacting in cryptocurrencies The World Bank says it anticipates growth in SA's economy this year, and increased investment The European Central Bank has sold its Steinhoff bonds at a loss Africa Rising Advisory Services has joined Finance Indaba 2018 as a silver partner Bidvest Group unit to acquire Cannon Asset Managers for an undisclosed sum Here are four ways to prevent going into freefall SA saw a 2.4 percent YoY drop in new vehicle sales, though Naamsa believes this will pick up Ben la Grange has stepped down as Steinhoff CFO, replaced by acting CFO Philip Dieperink Kenya is the most attractive market in Africa for workers in the FinTech industry Liaan started in his current role in January 2014, after almost two years at Volvo Trucks The CFO Case Study Competition 2018 is ready to go, as is the TV series The chartered accountant has 21 years working experience in the retail, air transport, property management and construction industries Angela Pillay has been appointed group financial director for the Sasfin board of directors Pieter van Buuren has been appointed CFO of construction firm Basil Read Casper Troskie has been appointed new FD of Old Mutual Emerging Markets Tim delivered a fascinating masterclass entitled Accountability in times of #Guptaleaks - when ethics become a competitive imperative We scour our archives to bring you compelling advice from leading executivesMary Vilakazi appointed group COO of FirstRand
FinTech revolution fizzles as startups seek engagement with banks
Auditor-General of SA signs up for Finance Indaba 2018
Don't be scared of change, says Mohammed Akoojee, Imperial CFO
Mark Steyn new Bidvest Group CFO
Sasol earnings exceed expectations
Competition Commission rejects Airlink's proposed Safair acquisition
eThekwini Municipality secures unqualified audit opinion
TWK Agri FD Eddie Fivaz talks finance, farming and the Free State
Cashing in on the "Ramaphosa effect"
SA embraces the fourth industrial revolution
Things are speeding up for Discovery's bank offering
Consumer inflation price drops
One misstep can cost your brand its reputation - tread carefully
Imperial Group's revenue up 11% to R66.5 billion
Discovery posts strong results
UK and US authorities sign landmark FinTech pact
Hiring right: the people in your organisation can make or break you
Yuresh Maharaj new Liberty Holdings Group FD
National Treasury's Silindile Kubheka nominated for CFO Awards 2018
Super Group reports good results: group revenue up by 27.5 percent
African FinTech market to hit $3 billion by 2020 - Ecobank executive
City of Tshwane CFO Umar Banda: You are only as good as your team
S&P: no rating actions are currently warranted
Oceana CEO Francois Kuttel quits
Call for visible leadership at landmark CFO/CHRO event
Comair delivers record-breaking results
Sustainability, corporate governance crucial to stable global economy - Climate change symposium
Johan Claassen appointed PPC permanent CEO
STAR's quarterly revenue: R18.4 billion
CA(SA) Thevendrie Brewer new Netcare chairman
Zuko Mdwaba: Workday puts people at the centre of enterprise software
Chris van Zyl, WP Rugby captain, on unlocking talent
TradeSafe aims to put online fraudsters out of business
Comair delivers record first-half performance
EOH signs up for Finance Indaba 2018
Ayanda Mafuleka new CFO of AEMFC
Hans Merensky Holdings' Rian du Toit nominated for CFO Awards 2018
"I had to punch above my weight," says Imperial CFO Mohammed Akoojee
Namdeb puts diamond mine up for sale
FinTech and blockchain mavens launch International Digital Asset Exchange Council
FNB ranked South Africa's most valuable banking brand
Shireen Stow appointed Atlatsa Resources interim CFO
Rivasha Maharaj new AFGRI CFO
US states team up to streamline FinTech licensing
Reputation - why the CFO matters most
CFO-Award-winning Dumisani Dlamini now CFO of SANParks
The CFO's role in developing authentic cultures and leaders is vital, says Talita Ferreira
Investec CEO Stephen Koseff to step down
4 top CFOs reveal their recipes for success
Qatar Petroleum to acquire a 25% stake in Total's SA offshore oil block
Mastercard brings FinTech to Kenyan farmers
Nampak's Glenn Fullerton nominated for CFO Awards 2018
Blackline partners with Finance Indaba 2018
Virgin invests in SA FinTech wiGroup
Yum! KFC's Sharon Naidoo gets strategic - and quickly
A2X and Teraco announce partnership
Liquid Telecom CEO Kyle Whitehill resigns
Eskom suspends its CIO, Sean Maritz
4 hot tips from leading CFOs
Anglo sells its New Largo coal project
A celebration of the power of finance: CFO Awards interviews in full swing
Christine Ramon nominated for CFO Awards 2018
CFOs and HR execs must BE THE CHANGE
Eskom Acting CFO: Eskom cannot commit to nuclear expansion
Motus CFO Ockert Janse van Rensburg on how to get ahead
Reserve Bank sets up 3-member FinTech unit
MTN profitable again
Vedanta Zinc International's Pushpender Singla nominated for CFO Awards 2018
Raising the bar: interviews nominees CFO Awards 2018 kick off
VW invests heavily in SA
Meet Andrew McMaster, FD of Coca-Cola Peninsula Beverages
Ben la Grange resigns as non-executive director of STAR
Amplats' R400 million sale of Union Mine and Masa Chrome complete
PIC acquires equity in ZAR X
African FinTechs raised a record $195m in 2017
Molefe must pay back the money, says High Court
Sasol's first half profits looking good
Always wanted to work in finance? 5 CFOs spill the beans
Arise launches African financial services platform
IFRS 9 explained
Workday goes SA: top exec Gonzalo Benedit talks shop
Eskom CFO Anoj Singh resigns
PPC's Tryphosa Ramano nominated for CFO Awards 2018
Sygnia CEO stands up to state capture
Financial service group launches Bitcoin trading app in SA
Meet Deloitte's new CFO Africa: Jen McDonald
Jayendra Naidoo resigns from Steinhoff supervisory board
Repo rate remains unchanged at 6.75 percent
MMI CFO Risto Ketola appointed FD
5 CFOs on work-life balance
Prof Wiseman Nkuhlu new chair of KPMG Board
BP's Udayan Sen nominated for CFO Awards 2018
Can ethics be audited?
Hillie Meyer new MMI CEO
Financial services supremo Michael Jordaan launches app-based bank
Assurance in turmoil: four positive outcomes from the Steinhoff scandal
Joburg Mayor Herman Mashaba suspends MMC of Finance
IDC's Nonkululeko Dlamini nominated for CFO Awards 2018
Irba investigation into KPMG nearing completion
Finance flash: the TOP-10 articles of week 1-2, 2018
AECOM's Joe Ndala nominated for CFO Awards 2018
Meet Shivan Mansingh, CFO of Torre Industries
SARS investigating cryptocurrency tax implications
World Bank: SA's economy on the up
European Central Bank loses money over Steinhoff
Africa Rising Advisory Services joins Finance Indaba 2018
Bidvest to buy Cannon Asset Managers
4 ways for CFOs to avoid burnout
New vehicle sales down
Steinhoff CFO Ben la Grange steps down
Kenya most lucrative African market for FinTech executives
Jaguar SA's Liaan Kretzschmar nominated for CFO Awards 2018
CFO TV series back on screen
ArcelorMittal SA's Dean Subramanian nominated for CFO Awards 2018
LibFin CFO appointed group FD for Sasfin board
Basil Read appoints new CFO
Casper Troskie swaps Liberty Holdings for Old Mutual
WATCH: UCT's Dr Tim London at Finance Indaba 2017
5 leadership tips from top CFOs
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