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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 executives Humaniq has announced the launch of its Android App to enable users in Africa to access to next-generation financial services with facial recognition The chartered accountant is currently the Acting CFO for Monash South Africa and Finance Director, Laureate South Africa, and is pursuing a master's degree in international business Moody's Investor Services has downgraded Steinhoff's credit rating deeper into junk After a bumper 12 months last year, the pace of China's import growth is set to slow 40 new hotels for Marriott in 2018 will increase its property portfolio to 422 According to Trialogue, companies in SA invested more than R9 billion in CSI last year Rehive has built a flexible, easy to use platform to attract entrepreneurs A key element of Mint's strategy is to provide remittance services via its mobile wallet for its customers The Competition Commission says ArcelorMittal SA can pay off its R1.5 billion fine in installments Steinhoff will restate 2016 financial results and postpone release of 2017 results Elvin de Kock has been appointed CFO of Ansys, replacing Burt Lambrecht André Koekemoer has been appointed CFO of Capital Drilling Manie Mayman has taken over from Cindy Hess as (acting) CFO of Media24 Rui has been the CFO and an executive director at Dis-Chem Pharmacies since August 2012 In Sierra Leone, three financial technology start-ups are setting out to test new ideas on contributing to the SDGs through greater financial inclusion The BCX founder joins executive directors Dean Sparrow and Anton Gaylard, co-founders of Crossfin The industry in Nigeria is being held back by the lack of sound regulation New York-based Media Development Investment Fund has acquired the Mail & Guardian Standard Bank has announced that Lungisa Fuzile will be its new CEO as of 15 January 2018 The actions of a few CAs are not a reflection of the entire CA(SA) population, says the AWCA Moody's believes that Ramaphosa's win as new ANC president is a good start to fighting junk status Mike Brown, Nedbank CEO, has given Cyril Ramaphosa, new ANC president, his full support AYO Technology has listed on the Computer Services sector of the main board of the JSE Steinhoff's supervisory board has nominated Danie van der Merwe as acting CEO This is the long-serving executive's debut nomination It is the first move by a bank to outsource the provision of some of its client-facing banking services to a technology platform Construction firm Murray & Roberts has increased its stake in Bombela to 50% Motus Corporation CFO Ockert Janse van Rensburg is extremely ambitious - literally - having climbed some of the world's highest mountains BCX is investing R100 million to grow scarce digital skills in ICT infrastructure and software programming alongside cybersecurity, fintech and artificial intelligence Sola David-Borha, African Regions boss at Standard Bank, shares her leadership advice Recent uncertainty at EOH, including a huge drop in share price, prompted ex-CEO Asher Bohbot to return Fairfax intended to buy a 23 percent stake in PPC for R2 billion, but the deal has fallen through Sibanye-Stillwater has agreed to buy troubled mining house Lonmin in an all-share deal Kutana: the deal to buy a 51% stake in Grinaker-LTA fell through because of uncertainty about the unit's performance Azar Bank will be South Africa's first 100% black-owned digital bank A deal aimed at helping Aveng become profitable again, by selling a stake in Grinaker-LTA, has been terminated. CFOs spend two-thirds of their waking hours working, but would prefer if this was much less Malegapuru Makgoba and Tshepo Mongalo will join the board of struggling, state-owned Eskom Sola David-Borha moved from Nigeria to Joburg earlier this year to become Standard Bank's CEO for all African regions outside SA. Nomanini is a South African-based enterprise payments platform provider that optimises transactions in the informal market Peter has been lauded for his work at the facilities solutions company Sygnia CEO Magda Wierzycka is a keynote speaker during the star-studded season opener of CFO South Africa and CHRO South Africa on 15 February 2018. Bitcoin passed $18,000 when it began trading on the Cboe on 10 December, causing excitement in some, angst in others Viola has announced an initial closing of $100 million toward a target of $120-$150 million, for a new global FinTech fund Verster takes over from Wim de Klerk, who recently announced that he would be retiring in January 2018 "My pet hate word for 2017 is 'disruptive' - but dare I say it, that's exactly what we are." New solution aims to facilitate Kenya and its highest rate of mobile payment technology adoption in the world. These 10 types of innovation will boost your company's business and upend the market in which it operates The Post Bank should thus become first choice for government and the primary platform for government transactions The investigation concerns Oakbay, Steinhoff, Vodacom, Famous Brands, Super Group, and WG Wearne He will, however, remain CFO of Steinhoff, as no wrongdoing has been found The company was created to address the funding gap left by the formal banking sector and Micro-Finance Institutions in Africa Deloitte will be the principal sponsor at the 2018 CFO Awards. The firm will also partner with CFO South Africa throughout 2018 to help CFOs boost their knowledge, network and career. The growth was largely attributed to strong performance by the agricultural, mining and manufacturing sectors Alexander Forbes posted a positive set of interim results for the six months to end-September, as it continues with the implementation of its much-vaunted turnaround strategy Alex Smith, Altron CFO, will be leaving his role end February 2018, to instead fill the CFO role at Net1 UEPS Technologies Deloitte's Sumendra Naidoo unpacks the incoming XBRL requirements He has been recognised for his efforts in driving finance transformation, African expansion and systems integration at the pharmaceutical multinational The result is an IT global force that will use data and digital capabilities to empower decision-makers The new hub aims to further the development and acceleration of firms as well as the interaction between investors, entrepreneurs, government bodies and financial institutions Team UMCC from the University of Münster, Germany and Team Westville from Westville Boys High, KZN came out tops The recently appointed public sector CFO is also the winner of the 2017 BWA award in the Government categoryChristine 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
UK FinTech Humaniq launches biometric app in Africa
Monash SA's Alvin Liew nominated for CFO Awards 2018
Steinhoff downgraded deeper into junk status
China import growth to slow in 2018 after bumper 2017
Marriott International to open 40 new luxury properties this year
SA companies invest over R9 billion in CSI in 2016/2017
WATCH: Rehive's Michael Brink at the African FinTech Awards 2017
Dubai's Mint to integrate blockchain into existing tech
ArcelorMittal SA to pay R1.5 billion fine in installments
Steinhoff says it will restate its 2016 financial results
Ansys appoints new CFO
Capital Drilling appoints new CFO
Manie Mayman appointed Media24 acting CFO
Dis-Chem's Rui Morais nominated for CFO Awards 2018
FinTechs spur financial inclusion in Sierra Leone
Isaac Mophatlane joins Crossfin board
FinTech has potential to create 3 million jobs - former Nigerian minister
Mail & Guardian newspaper sold
Standard Bank appoints Lungisa Fuzile new CEO
The AWCA restores credence to the CA(SA) designation
Moody's: Ramaphosa could turn SA around
Nedbank CEO backs Ramaphosa
AYO Technology lists on JSE
Steinhoff trying to fill CEO role
Aspen's Sean Capazorio nominated for CFO Awards 2018
Investec forms groundbreaking partnership with UK FinTech
Murray & Roberts buys another 17% stake in Bombela
I like to set high goals for myself and enjoy the journey to achieve them, says Motus CFO, Ockert Janse van Rensburg
BCX pours R100 million into digital skills development
Be purposeful, says Standard Bank boss, Sola David-Borha
EOH founder Asher Bohbot returns to the firm
Fairfax and PPC deal terminated
Sibanye-Stillwater acquires Lonmin for R5 billion
Kutana group clarifies its position on Grinaker-LTA empowerment deal
Lebo Gunguluza launches digital bank
Aveng agreement to sell stake in Grinaker-LTA terminated
CFOs struggling to achieve elusive work-life balance - survey
New board for Eskom
Meet Standard Bank's new African Regions boss, Sola David-Borha
WATCH: Nomanini's Wim van der Beek at Finance Indaba 2017
Servest's Peter Walsh nominated for CFO Awards 2018
Be the change: Magda Wierzycka keynote at CFO + CHRO event
Bitcoin debuts on major exchange
Israeli fund targets global FinTechs
ArcelorMittal South Africa appoints Kobus Verster as CEO
ZAR X CFO Ebrahim Ally recounts the gruelling journey of starting a stock exchange
Opera launches web payment platform in Kenya
Larry Keeley: Building breakthroughs in your business
SAPO banking licence nearing completion
FSB investigates suspect trades and possible insider trading
Ben La Grange resigns as CEO of STAR
WATCH: Ovamba's Marvin Cole at Finance Indaba 2017
Breaking! Deloitte partners with CFO SA and CFO Awards 2018
SA's economy rallies in Q3, grows 2%
Alexander Forbes continues turnaround with solid results
Altron CFO leaves to join Net1
Are you ready for the CIPC's new reporting standards?
AstraZeneca's Osman Mia nominated for CFO Awards 2018
Decision Inc. mergers with Resolve Immix
Bahrain launches largest regional FinTech hub
Meet the winners of The CFO Case Study Competition 2017
Only do that which you can answer for, says Xoliswa Hlongwane, Ushaka CFO
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