Your source for the latest news, expert insights and interviews.
Zimbabwe has signed a mining investment deal with Karo Resources valued at $4.2 billion. Moody's kept SA's sovereign debt at above investment grade, also changing our outlook to stable. Naspers has raised $9.8bn (about R116bn) from the sale of shares in Chinese internet giant Tencent As SA's telecoms giant looks to invest in its network, it raised R1 billion in its first bond sale of 2018. Tencent's biggest investor, Naspers, has sold its shares for $9.8 billion - around R116 billion. The young executive has been instrumental in helping the insurance company implement its FinTech strategy and make key acquisitions Jasco Group's finance head Warren Prinsloo talks about taking your business to the next level. 4 Africa Exchange has secured Heartwood Properties, its first issuer in the property sector. Despite expected growth in the use of financial technologies such as blockchain, many American firms say they don't expect it to disrupt their business models, while those who do are slow to respond Leading CFOs gathered for dinner at the exquisite Marble restaurant on 20 March 2018 to share insights and experience around the topic of energy efficiency. Tax veteran Mark Kingon has been appointed acting head of SARS, replacing Tom Moyane. My generation must transform the fortunes of the continent, says UCT's Mills Soko. We've selected the top 10 most popular articles of 2017 for your literary enjoyment. SA's third-largest private hospital chain has made a R1.3 billion acquisition of Akeso Clinics. The UK's Financial Conduct Authority says that it will start working with partners in Europe, the Far East and the US on a blueprint for a global regulatory FinTech sandbox Tiger Brands has taken a major financial knock since the listeriosis outbreak. Mike Buckham shares the story of his unusual and unexpected ascent to Sygnia FD. Specialist financial services investment holding company Rand Merchant Investment Holding (RMI) said it was boosted by Discovery's strong performance in its annual results presentation In a move to foster regional payments innovation and FinTech entrepreneurship in Africa, Visa is spearheading its Everywhere Initiative SA's business confidence is at a three-year high on the back of the Ramaphosa presidency. According to a new EY report, low GDP growth has had a large impact on SA banks' earnings. CIMA and Monash University have partnered in support of youth education and employability. Do the right thing. That is the best way to enhance, manage and protect the reputation of your business, said award-winning Woolworths CFO Reeza Isaacs during an incredibly powerful CFO Summit discussion in Cape Town. SAA has suspended two execs: ex-CEO Musa Zwane and CFO Phumeza Nhantsi. HR professionals have a community to call their own with CHRO South Africa. TFG CEO Doug Murray has retired, replaced by the company CFO, Anthony Thunström. Excel4apps has continued evolving its portfolio of user-friendly, Excel-based products for use with SAP and Oracle Head FICO consultant Jill Van Der Merwe offers six steps to deal with the VAT rate change. A major restructure at EOH will result in two distinct businesses in the group. The Government of Japan has launched a series of events across Europe to inform and promote active discussions around the future opportunities in Japan's lucrative and intelligent market CFO Day on 17th July 2018, is an event that should be in every serious finance leader's diary. Register today to avoid disappointment! The SARB has placed VBS Mutual Bank under curatorship, says Governor Lesetja Kganyago. SAICA and its Thuthuka Bursary Fund have enhanced their donor vetting process "to avert any possible recurrence" of the situation where the fund had to return money to a company that is linked to the notorious Gupta-family. Ajith has been the CFO of EY Africa since 2007 and has had a distinguished career that includes stints in senior positions at the Kellogg Company, Megapro Marketing and SABMiller European Banking Authority Head Andrea Enria said his organization would look into the services provided by FinTech firms, "with a view to ensuring that similar services are regulated in a consistent way across the EU" Kumba Iron Ore CFO Bothwell Mazarura talks mining, Marikana and technology. Mercantile Bank CEO Karl Kumbier says plenty of buyers have expressed interest in the bank. Sanlam's acquisition of SAHAM Finances has a pricetag of R12.5 billion. The Competition Tribunal has approved Sinopec's acquisition of Chevron assets, with conditions. MTN delivered a solid overall performance for the year, with progress on many fronts, despite difficult economic conditions, according to CEO Rob Shuter Sim Tshabalala, Standard Bank Group CEO, says the bank is optimistic about SA's economic prospects. With three decades of experience at the intersection of finance and technology, Ronald Laxton knows the challenges CFOs face, and how to solve these. Network Recruitment is a division of ADvTECH Resourcing - the recruitment arm of the national JSE-listed ADvTECH Group Join CFOs Ronel van Dijk, Andrew McMaster and Reeza Isaacs to talk about brand reputation. Werner Engelbrecht has been appointed interim GM of Kyocera, replacing Wayne Holborn. One of the people behind the creation of the flagship Waterfall City precinct, Melt has been picked to become the company's interim CEO It's a Shovel founder Jessica Whitcutt Yellin on why SA scores so badly in reputation rankings. Phillip Matthee will soon be taking over from Ronel van Dijk as FD of Spur Corporation. Nkonki will be the sponsor of the Young CFO of the Year Award at the 2018 CFO Awards. The fast-growing black-owned firm will also partner with CFO South Africa throughout 2018 to help CFOs and finance professionals boost their knowledge, network and career. Millions of people in East Africa are paying punitive interest rates for credit or are frozen out of access to financial services A pre-selected group of South Africa's leading finance executives have received their VIP invite for CFO Day, the essential learning and networking event for top CFOs and FDs. Only 140 registrations will be accepted for the event on 17 July 2018 at Marble, Johannesburg. In addition to soon appointing a permanent CFO, Eskom aims to appoint a CEO by the end of April. CFO award-winning Takeda FD Debbie Ransby talks about her success in Africa. PPC has appointed Jabu Moleketi, a former deputy finance minister, as its new chairman of the board. SMEs in Africa's infrastructure sector will soon benefit from GuarantCo's re-guarantee facility. MultiChoice Africa CEO Tim Jacobs has joined Altron as its acting Group CFO. More than two-thirds (69 percent) of CFOs and senior financial executives planning to increase their investment in technologies that speed business change SA's power utility Eskom has entered into a short-loan agreement with seven lenders, valued at R20 billion. 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.Zim concludes mining deal worth $4.2 billion
SA maintains Moody's investment-grade rating
Naspers trims Tencent stake, eyes FinTech investment
Telkom raises R1 billion through a debt issue
Tencent share sale nets Naspers R116 billion
OUTsurance's Jan Hofmeyr nominated for CFO Awards 2018
A CFO is highly in tune with the business, says Warren Prinsloo, Group CFO of Jasco
4AX secures first issuer listing in the property sector
Firms slow to adopt FinTech - survey
Never leave money on the table - CFOs get energy-savvy
Mark Kingon new acting SARS commissioner
UCT GSB Director Mills Soko's new vision for education
CFO SA's 10 most popular reads of 2017
Netcare to acquire Akeso Clinics in R1.3 billion deal
Regulators set to introduce global FinTech sandbox
Listeria has cost Tiger Brands millions in losses
Mike Buckham: From accounting anti-hero to Sygnia FD
Discovery performance boosts RMI figures
Visa seeks to stimulate African FinTech industry
Business confidence up
SA banks see low earnings
CIMA and Monash join hands to educate SA's youth
Do the right thing: CFO Summit discusses risk and reputation
SAA CFO Phumeza Nhantsi suspended
Full-steam ahead for CHRO SA
TFG CFO Anthony Thunström now CEO
Excel4apps signs up for Finance Indaba 2018
Don't sweat the VAT increase: six things to do to prevent panic
Major restructure on the cards for EOH
Japan opens up to FinTech revolution
CFO Day registration now open to all CFOs and FDs
VBS Mutual Bank under curatorship
SAICA tightens controls after Trillian-repayment
EY's Ajith Haripaul nominated for CFO Awards 2018
EU banking authority sets out FinTech regulation roadmap
Don't stand on the sidelines: Kumba CFO Bothwell Mazarura
Mercantile Bank not short of buyers
Sanlam seals deal that makes it Africa's largest non-banking financial services group
Sinopec, Chevron deal - worth $900 million - to go ahead
Revitalised MTN overcomes adverse conditions in latest report
Standard Bank Group global headline earnings up 14% to R26.3 billion
Do more with less says Ronald Laxton, GM Keyrus
Network Recruitment signs up for Finance Indaba 2018
Reputation is everything: join the CFO summit in Cape Town
Werner Engelbrecht, CFO of Kyocera, appointed interim GM
Attacq's Melt Hamman nominated for CFO Awards 2018
Corporate SA deserves the reputational mess it's in
Phillip Matthee new Spur FD
Awesome! Nkonki partners with CFO SA and CFO Awards 2018
Croatian FInTech opens up African micro-loan market
VIP registration for CFO Day open
Eskom looking to appoint a permanent CFO
Always stick to the facts and don't get emotional, says Takeda FD Debbie Ransby
Ex-deputy finance minister Jabu Moleketi new PPC board chair
A financial boost for African SMEs
Tim Jacobs appointed Altron acting Group CFO
CFOs increase spending on digital transformation, seek competitive edge - survey
Eskom secures R20 billion loan
Mary 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
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