Latest Articles

Your source for the latest news, expert insights and interviews.

12 February 2015

Newsletter: 4 principles for Africa - Interacting | Finance as business partner | Strange insights from IT

CFO South Africa Newsletter | Thursday February 12 Dear CFO South Africa Member, Read Exclusive CFO South Africa Articles Greg Davis, Standard Bank: 4 principles for Africa - interacting In January Greg Davis, CFO Africa at the Standard Bank Group, introduced his key principles for doing business in Africa and elaborated on being in control. In this Expert Insight he talks about the second principle: interacting. 5 questions for… Frank Rizzo (KPMG): weird relationships and strang... Frank Rizzo is Partner and Technology sector leader for Africa at KPMG. During our upcoming events in Johannesburg (17 February) and Cape Town (19 February) he will deliver two thought provoking master classes about the latest and greatest in the IT world. In today’s partner interview we ask him what the major trends are and why CFOs should care. CFO of the Week: Nishant Saxena (Cipla Medpro): Finance as business partner and in-h... Last year Nishant Saxena traded his job as CFO of pharmaceutical company Cipla India for a move to Cape Town, where he is now the Chief Financial & Administrative Officer of Cipla Medpro. During the CFO event at the Cape Town Club on 19 February, Nishant will be the key note speaker. He will share some of his experiences in South Africa so far and he will talk about the transition of finance from a bookkeeping role to a true business partner. Read more exclusive articles on cfo.co.za - CFO Awards biggest and best on CFO calendar Register for CFO Event Get Smart in Cape Town Discuss your agenda for 2015 Thursday February 19th at the Cape Town Club As global economic growth recovers there will be opportunities and risks for South Africa's economy, CFOs must ensure that the financial choices you make maintain the recent gains in competitiveness. During the first CFO Events of 2015 we will discuss the new economy, value creation, complementary economics, networking, ideas to make te world a better place and we share smart ideas to improve your business. We offer a great opportunity to learn from your peers and get new ideas. Keynote by Nishant Saxena CFO Cipla Medpro Hear from the CFO of one of the country’s leading pharmaceutical companies, Cipla Medpro. He will discuss the changing role of the CFO, expectations to manage risks, using technology for analytics, and share his experiences at Cipla. Afterwards at the CFO Café you can share and discuss the latest insights with the other attending CFOs. Join this event free of charge and don’t miss out on the first CFO Event of 2015 from 4pm - 8pm and register now: - February 19th at the Cape Town Club, register here. Partners CFO Event Get Smart in 2015: Continuous Professional Development Points Did you know all events of CFO South Africa are eligible for SAICA CPD points? By attending CFO South Africa's events and training courses you will stay compliant. CFO Awards 2015 - Reserve your table now Buy a table for the CFO Awards and meet South Africa's leading CFOs, demonstrate thought leadership, extend your network and develop business. You are seated with CFOs and finance directors from among others Advtech, Aveng, Barclays, Eskom, EOH, FNB, General Cable, Hollard, Liberty, Nedbank, Nissan, Novartis, Old Mutual, Standard Bank and Transnet. You are also more than welcome to join the CFO Conference preceding the CFO Awards dinner with your colleagues. Don't wait too long, first come, first served. Become a partner or attend with your finance team and RSVP here. For more information check out CFOAwards.co.za. Upcoming CFO South Africa Events Join the CFO Events with inspiring hosts and experts who will share their insights and experiences with you. Register now for these events and boost your company, network, career and knowledge. CFO South Africa Events in 2015 Feb 17 Johannesburg | Get Smart in 2015 Feb 19 Cape Town | Get Smart in 2015 Mar 19 Johannesburg | Moving into Africa Apr 16 Johannesburg | Capital & Finance May 14 Johannesburg | CFO Awards 2015 July 30 Johannesburg | Corporate Growth Sept 17 Johannesburg | Digital Transformation Nov 19 Cape Town | Risk, Compliance & Control Register now for one of the upcoming CFO South Africa Events. Please note that all our CFO South Africa events are for senior financial executives. CFO South Africa offers Platinum memberships to CFOs and finance directors. For more information please have a look here and contact Jurrien Morsch at [email protected] Stay connected with CFO South Africa Follow CFO South Africa on Twitter and LinkedIn Stay up to date on what is happening in the world of finance by following us on Twitter @CFOSouthAfrica and LinkedIn. Next to that you can keep track of newly published interviews with CFOs and CEOs. Feel free to contact us Any suggestions or comments are welcome. Kind Regards, Melle Eijckelhoff Director CFO South Africa | [email protected] To control which emails you receive from CFO South Africa, please change your email preferences at cfo.co.za by selecting under settings "I do not want to receive emails from CFO South Africa | Finance Professionals South Africa"

10 February 2015

CFO of the Week: Nishant Saxena (Cipla Medpro): Finance as business partner and in-house venture capitalist

Last year Nishant Saxena traded his job as CFO of pharmaceutical company Cipla India for a move to Cape Town, where he is now the Chief Financial & Administrative Officer of Cipla Medpro. During the CFO event at the Cape Town Club on 19 February, Nishant will be the key note speaker. He will share some of his experiences in South Africa so far and he will talk about the transition of finance from a bookkeeping role to a true business partner.

05 February 2015

Newsletter: Being trusted is ultimate reward | Rethinking financial disclosures in integrated reports | CFO Awards 2015 - Reserve your table now

CFO South Africa Newsletter | Thursday February 5 Dear CFO South Africa Member, Read Exclusive CFO South Africa Articles CFO of the Week: Fanus le Roux, CFO Africa – Middle East, Aurecon: being trusted is ... There are not a lot of South African CFOs who have experienced and contributed to such spectacular corporate growth as Fanus le Roux. When he joined Tshwane-based engineering, management and specialist technical services company Aurecon (then Africon) 20 years ago, it had a turnover of R132 million. These days the company is a global one, with its African operations contributing a R2.6 billion turnover annually. “It has been an exciting journey,” le Roux says modestly. Expert Insight Alex Watson: Rethinking financial disclosures in integrated reports Most listed South African companies include either full or summarized financial statements in their integrated reports (In 2013 54 of 100 largest listed companies included full financials and 35 summarized). Are companies doing that in order to be compliant with regulations (as in “the company secretary insists!”) or because they believe that is the best way to communicate the company’s ability to create value in the future? Editorial: the bright side of headless chickens & impressive speakers As we’re getting closer to our February events in Johannesburg (17 February) and Cape Town (19 February), I have the privilege of chatting to some of the people that will be sharing their insights during those afternoons and evenings. This week I spoke to KPMG’s Frank Rizzo about technology and to Cipla Medpro’s Nishant Saxena about the transition from bookkeeper to business partner that many of our CFOs are going through. These are two experienced business people that know exactly what they are talking about! Read more exclusive articles on cfo.co.za - 6 Questions for KPMG's Granville Smith: turn risk into opportunity Register for CFO Event Get Smart in Cape Town Discuss your agenda for 2015 Thursday February 19th at the Cape Town Club As global economic growth recovers there will be opportunities and risks for South Africa's economy, CFOs must ensure that the financial choices you make maintain the recent gains in competitiveness. During the first CFO Events of 2015 we will discuss the new economy, value creation, complementary economics, networking, ideas to make te world a better place and we share smart ideas to improve your business. We offer a great opportunity to learn from your peers and get new ideas. Keynote by Nishant Saxena CFO Cipla Medpro Hear from the CFO of one of the country’s leading pharmaceutical companies, Cipla Medpro. He will discuss the changing role of the CFO, expectations to manage risks, using technology for analytics, and share his experiences at Cipla. Afterwards at the CFO Café you can share and discuss the latest insights with the other attending CFOs. Join this event free of charge and don’t miss out on the first CFO Event of 2015 from 4pm - 8pm and register now: - February 19th at the Cape Town Club, register here. Partners CFO Event Get Smart in 2015: Continuous Professional Development Points Did you know all events of CFO South Africa are eligible for SAICA CPD points? By attending CFO South Africa's events and training courses you will stay compliant. CFO Awards 2015 - Reserve your table now Buy a table for the CFO Awards and meet South Africa's leading CFOs, demonstrate thought leadership, extend your network and develop business. You are seated with CFOs and finance directors from among others Advtech, Aveng, Barclays, Eskom, EOH, FNB, General Cable, Hollard, Liberty, Nedbank, Nissan, Novartis, Old Mutual, Standard Bank and Transnet. You are also more than welcome to join the CFO Conference preceding the CFO Awards dinner with your colleagues. Don't wait too long, first come, first served. Become a partner or attend with your finance team and RSVP here. For more information check out CFOAwards.co.za. Upcoming CFO South Africa Events Join the CFO Events with inspiring hosts and experts who will share their insights and experiences with you. Register now for these events and boost your company, network, career and knowledge. CFO South Africa Events in 2015 Feb 17 Johannesburg | Get Smart in 2015 Feb 19 Cape Town | Get Smart in 2015 Mar 19 Johannesburg | Moving into Africa Apr 16 Johannesburg | Capital & Finance May 14 Johannesburg | CFO Awards 2015 July 30 Johannesburg | Corporate Growth Sept 17 Johannesburg | Digital Transformation Nov 19 Cape Town | Risk, Compliance & Control Register now for one of the upcoming CFO South Africa Events. Please note that all our CFO South Africa events are for senior financial executives. CFO South Africa offers Platinum memberships to CFOs and finance directors. For more information please have a look here and contact Jurrien Morsch at [email protected] Stay connected with CFO South Africa Follow CFO South Africa on Twitter and LinkedIn Stay up to date on what is happening in the world of finance by following us on Twitter @CFOSouthAfrica and LinkedIn. Next to that you can keep track of newly published interviews with CFOs and CEOs. Feel free to contact us Any suggestions or comments are welcome. Kind Regards, Melle Eijckelhoff Director CFO South Africa | [email protected] To control which emails you receive from CFO South Africa, please change your email preferences at cfo.co.za by selecting under settings "I do not want to receive emails from CFO South Africa | Finance Professionals South Africa"

04 February 2015

Editorial: the bright side of headless chickens & impressive speakers

As we’re getting closer to our February events in Johannesburg (17 February) and Cape Town (19 February), I have the privilege of chatting to some of the people that will be sharing their insights during those afternoons and evenings. This week I spoke to KPMG’s Frank Rizzo about technology and to Cipla Medpro’s Nishant Saxena about the transition from bookkeeper to business partner that many of our CFOs are going through. These are two experienced business people that know exactly what they are talking about!

03 February 2015

Fanus le Roux, CFO Africa - Middle East, Aurecon: being trusted is the ultimate reward

There are not a lot of South African CFOs who have experienced and contributed to such spectacular corporate growth as Fanus le Roux. When he joined Tshwane-based engineering, management and specialist technical services company Aurecon (then Africon) 20 years ago, it had a turnover of R132 million. These days the company is a global one, with its African operations contributing a R2.6 billion turnover annually. “It has been an exciting journey,” le Roux says modestly.

29 January 2015

Newsletter: Turn risk into opportunity | PPC CFO Ramano stays put | Why are CFOs not online

CFO South Africa Newsletter | Thursday January 29 Dear CFO South Africa Member, Read Exclusive CFO South Africa Articles 6 Questions for KPMG's Granville Smith: turn risk into opportunity "Turn risk on its head and explore the opportunities offered by signals of change in the marketplace," says Granville Smith, KPMG Partner in charge of the South African KPMG’s Internal Audit Business Division. We spoke to Granville about what makes a good internal auditor and he gave some great tips for CFOs and CAs of 2015. "Stay away from the tick-box approach!" CFO of the Week: Jonathan Maehler, ChemSpec: honest information - a recipe for success “I have always had the philosophy that honesty, which at first, in some cases, may lead to a negative response, in the long run acts as a motivator,” says Jonathan Maehler, Financial Director at ChemSpec, one of Africa's largest paint and coatings companies. He has been guiding the business through a difficult period over the last three and a half years. “Being a CFO requires toughness in these situations, because you have to bring the truth to the fore. Through an intense focus on growing sales and regaining customers, we have found our way up.” Expert Insight Fowzia Gamiet: Why the tweet are CFOs not online? CFOs are not really known for their active presence on social media. The focus is more on the so-called risks around social media than the opportunities it presents. Social media has long been associated with a pre-teen to twenty-something pastime. We have all been there - having to dodge the youth walking in the roads, on the pavements and even driving on the road, whilst – unaware of their surroundings - they are so engrossed in their cell phones tweeting about their “exciting surroundings”. How ironic. Read more exclusive articles on cfo.co.za - Editorial: preparing for disruption & PPC CFO Ramano stays put Register for CFO Event Get Smart in Cape Town Discuss your agenda for 2015 Thursday February 19th at the Cape Town Club As global economic growth recovers there will be opportunities and risks for South Africa's economy, CFOs must ensure that the financial choices you make maintain the recent gains in competitiveness. During the first CFO Events of 2015 we will discuss the new economy, value creation, complementary economics, networking, ideas to make te world a better place and we share smart ideas to improve your business. We offer a great opportunity to learn from your peers and get new ideas. Keynote by Nishant Saxena CFO Cipla Medpro Hear from the CFO of one of the country’s leading pharmaceutical companies, Cipla Medpro. He will discuss the changing role of the CFO, expectations to manage risks, using technology for analytics, and share his experiences at Cipla. Afterwards at the CFO Café you can share and discuss the latest insights with the other attending CFOs. Join this event free of charge and don’t miss out on the first CFO Event of 2015 from 4pm - 8pm and register now: - February 19th at the Cape Town Club, register here. Partners CFO Event Get Smart in 2015: Continuous Professional Development Points Did you know all events of CFO South Africa are eligible for SAICA CPD points? By attending CFO South Africa's events and training courses you will stay compliant. CFO Awards 2015 - Reserve your table now Buy a table for the CFO Awards and meet South Africa's leading CFOs, demonstrate thought leadership, extend your network and develop business. You are seated with CFOs and finance directors from among others Advtech, Aveng, Barclays, Eskom, EOH, FNB, General Cable, Hollard, Liberty, Nedbank, Nissan, Novartis, Old Mutual, Standard Bank and Transnet. You are also more than welcome to join the CFO Conference preceding the CFO Awards dinner with your colleagues. Don't wait too long, first come, first served. Become a partner or attend with your finance team and RSVP here. For more information check out CFOAwards.co.za. Upcoming CFO South Africa Events Join the CFO Events with inspiring hosts and experts who will share their insights and experiences with you. Register now for these events and boost your company, network, career and knowledge. CFO South Africa Events in 2015 Feb 17 Johannesburg | Get Smart in 2015 Feb 19 Cape Town | Get Smart in 2015 Mar 19 Johannesburg | Moving into Africa Apr 16 Johannesburg | Capital & Finance May 14 Johannesburg | CFO Awards 2015 July 30 Johannesburg | Corporate Growth Sept 17 Johannesburg | Digital Transformation Nov 19 Cape Town | Risk, Compliance & Control Register now for one of the upcoming CFO South Africa Events. Please note that all our CFO South Africa events are for senior financial executives. CFO South Africa offers Platinum memberships to CFOs and finance directors. For more information please have a look here and contact Jurrien Morsch at [email protected] Stay connected with CFO South Africa Follow CFO South Africa on Twitter and LinkedIn Stay up to date on what is happening in the world of finance by following us on Twitter @CFOSouthAfrica and LinkedIn. Next to that you can keep track of newly published interviews with CFOs and CEOs. Feel free to contact us Any suggestions or comments are welcome. Kind Regards, Melle Eijckelhoff Director CFO South Africa | [email protected] To control which emails you receive from CFO South Africa, please change your email preferences at cfo.co.za by selecting under settings "I do not want to receive emails from CFO South Africa | Finance Professionals South Africa"

28 January 2015

Editorial: preparing for disruption & PPC CFO Ramano stays put

We are living in the age of disruption and CFOs have the responsibility to see what’s coming and anticipate the new business world order. During our Get Smart in 2015 events in Johannesburg (17 February) and Cape Town (19 February) we will chat about the challenges that come with change, but speakers like ‘lifehacker’ Martijn Aslander will also show the CFOs present that the recent digital revolution provides opportunities galore.

27 January 2015

CFO of the Week: Jonathan Maehler, ChemSpec: honest information - a recipe for success

“I have always had the philosophy that honesty, which at first, in some cases, may lead to a negative response, in the long run acts as a motivator,” says Jonathan Maehler, Financial Director at ChemSpec, one of Africa's largest paint and coatings companies. He has been guiding the business through a difficult period over the last three and a half years. “Being a CFO requires toughness in these situations, because you have to bring the truth to the fore. Through an intense focus on growing sales and regaining customers, we have found our way up.”

22 January 2015

Newsletter: 5 key insights about CFOs in Africa | Boost for Woolworths and Foschini | Prepare for the Digital First World

CFO South Africa Newsletter | Thursday January 22 Dear CFO South Africa Member, Read Exclusive CFO South Africa Articles 5 key insights about CFOs in Africa Doing banking and finance in Africa is not a big shift from doing it in the rest of the world, especially with the significant foreign direct investment being channelled into the continent lately. This includes investment from all the globally recognized accountancy bodies and professional services firms. Following key principles is important for a finance team to ensure it delivers success and is a trusted business partner. CFO of the Week: Dumisani Dlamini, National Arts Council: a sense of higher purpose Improving the quality of governmental accounting is as high on Dumisani Dlamini's agenda as successfully executing his new job as CFO of the National Arts Council of South Africa (NAC). “I am extremely proud of my involvement as chairperson of audit committees in various municipalities. It is great to see those finance departments change for the better.” Lenore Kerrigan, Sales Director OpenText: preparing for the Digital... “As companies prepare for a Digital First World, the CFO will play a key role in providing the financial underpinning of this digital transformation, says Lenore Kerrigan, Sales Director for Sub-Saharan Africa at software company OpenText Corporation. “It is controversial, but in many companies CFOs are still mainly reporting on historic facts and figures. The role of modern CFOs, however, is forward looking and includes a very strong focus on understanding risk and financial growth. Read more exclusive articles on cfo.co.za - Editorial: outgoing ArcelorMittal CFO's SA optimism, boost for Wool... Register for CFO Event Get Smart in Cape Town Discuss your agenda for 2015 Thursday February 19th at the Cape Town Club As global economic growth recovers there will be opportunities and risks for South Africa's economy, CFOs must ensure that the financial choices you make maintain the recent gains in competitiveness. During the first CFO Events of 2015 we will discuss the new economy, value creation, complementary economics, networking, ideas to make te world a better place and we share smart ideas to improve your business. We offer a great opportunity to learn from your peers and get new ideas. Keynote by Nishant Saxena CFO Cipla Medpro Hear from the CFO of one of the country’s leading pharmaceutical companies, Cipla Medpro. He will discuss the changing role of the CFO, expectations to manage risks, using technology for analytics, and share his experiences at Cipla. Afterwards at the CFO Café you can share and discuss the latest insights with the other attending CFOs. Join this event free of charge and don’t miss out on the first CFO Event of 2015 from 4pm - 8pm and register now: - February 19th at the Cape Town Club, register here. Partners CFO Event Get Smart in 2015: Continuous Professional Development Points Did you know all events of CFO South Africa are eligible for SAICA CPD points? By attending CFO South Africa's events and training courses you will stay compliant. Join the ultimate peer to peer advisory network Various CFOs and finance directors from Eskom, Nedbank, Transnet, SAB, Nike, Standard Charered Bank, Hollard, Absa, Business Connexion and Super Group are members of CFO South Africa. Your peers understand best the issues you face and the challenges that impact your business. Together you will share your experiences at CFO South Africa’s events and help you advance in your career, company and knowledge. Get introduced to experienced colleagues that are happy to share their knowledge with you. Peer-to-peer consulting is by far the best and most cost effective way to help you solve problems. Are you interested? Please see our membership page for more information here. Upcoming CFO South Africa Events Join the CFO Events with inspiring hosts and experts who will share their insights and experiences with you. Register now for these events and boost your company, network, career and knowledge. CFO South Africa Events in 2015 Feb 17 Johannesburg | Get Smart in 2015 Feb 19 Cape Town | Get Smart in 2015 Mar 19 Johannesburg | Moving into Africa Apr 16 Johannesburg | Capital & Finance May 14 Johannesburg | CFO Awards 2015 July 30 Johannesburg | Corporate Growth Sept 17 Johannesburg | Digital Transformation Nov 19 Cape Town | Risk, Compliance & Control Register now for one of the upcoming CFO South Africa Events. Please note that all our CFO South Africa events are for senior financial executives. CFO South Africa offers Platinum memberships to CFOs and finance directors. For more information please have a look here and contact Jurrien Morsch at [email protected] Stay connected with CFO South Africa Follow CFO South Africa on Twitter and LinkedIn Stay up to date on what is happening in the world of finance by following us on Twitter @CFOSouthAfrica and LinkedIn. Next to that you can keep track of newly published interviews with CFOs and CEOs. Feel free to contact us Any suggestions or comments are welcome. Kind Regards, Melle Eijckelhoff Director CFO South Africa | [email protected] To control which emails you receive from CFO South Africa, please change your email preferences at cfo.co.za by selecting under settings "I do not want to receive emails from CFO South Africa | Finance Professionals South Africa"

21 January 2015

Editorial: outgoing ArcelorMittal CFO's SA optimism, boost for Woolworths and Foschini

“More than in the past you have to pick your battles and prioritize.” I had to think of these wise words of Matthias Wellhausen, when I heard the ArcelorMittal CFO is leaving the country to join Swiss firm Schmolz + Bickenback, a global market leader in special steel, as CFO. Last year we spoke to Wellhausen and CFOs and finance professionals would be well-advised to reread the interview with the German.

16 January 2015

Lenore Kerrigan, Sales Director OpenText: preparing for the Digital First World

“As companies prepare for a Digital First World, the CFO will play a key role in providing the financial underpinning of this digital transformation, says Lenore Kerrigan, Sales Director for Sub-Saharan Africa at software company OpenText Corporation. “It is controversial, but in many companies CFOs are still mainly reporting on historic facts and figures. The role of modern CFOs, however, is forward looking and includes a very strong focus on understanding risk and financial growth. Our Enterprise Content Management (ECM) and Enterprise Information Management (EIM) systems can help them accomplish this.”

15 January 2015

Newsletter: 4 principles for doing business in Africa | Ask a question to CEO JSE | Register for first CFO Events 2015

CFO South Africa Newsletter | Thursday January 15 Dear CFO South Africa Member, Read Exclusive CFO South Africa Articles Greg Davis, CFO Africa Standard Bank: 4 principles for doing busine... Doing banking and finance in Africa is not a big shift from doing it in the rest of the world, especially with the significant foreign direct investment being channelled into the continent lately. This includes investment from all the globally recognized accountancy bodies and professional services firms. Following key principles is important for a finance team to ensure it delivers success and is a trusted business partner. CFO of the Week: Linda Kumbemba, loveLife: being the NGO’s ‘bad guy’ “If you’re a quick-solutions type person, you tend to look like the bad guy at a non-profit organisation,” says Linda Kumbemba, CFO at loveLife, South Africa's largest HIV prevention initiative for young people. “The environment is slower-paced compared to the corporates, but you have to move and keep agile. It is also great to be part of a successful behavioral change campaign even though its results can’t be measured in the way a CFO would usually want results to be measured.” 5 questions with... lifehacker & CFO SA Keynote speaker Martijn... During our 2015 events, CFO South Africa will occasionally invite inspiring international speakers to deliver provoking Keynote speeches. In his own words, ‘lifehacker’ Martijn Aslander from The Netherlands will be aiming to “confuse people, make them think and make them laugh” during our next events in Johannesburg (17 February) and Cape Town (19 February). Read more exclusive articles on cfo.co.za - Get smart… join our February events and ask the JSE boss a question Register for CFO Events Get Smart in Johannesburg & Cape Town Discuss your agenda for 2015 As global economic growth recovers there will be opportunities and risks for South Africa's economy, CFOs must ensure that the financial choices you make maintain the recent gains in competitiveness. During the first CFO Events of 2015 we will discuss the new economy, value creation, complementary economics, networking, ideas to make te world a better place and we share smart ideas to improve your business. We offer a great opportunity to learn from your peers and get new ideas. Keynote by Nicky Newton King, CEO of the JSE She will discuss the comprehensive overview of the world today, as well as look forward on how she expects global trends, regional key challenges as education & skills development, African leadership will develop in the coming year as well as emerging issues that should be on the agendas of every CFO for 2015. Join this event free of charge with and don’t miss out on the first CFO Events of 2015 from 4pm - 8pm and register now: - February 17th at the JSE, register here. - February 19th at the Cape Town Club, register here. Partners CFO Events Get Smart in 2015: Continuous Professional Development Points Did you know all events of CFO South Africa are eligible for SAICA CPD points? By attending CFO South Africa's events and training courses you will stay compliant. Join the ultimate peer to peer advisory network Various CFOs and finance directors from Eskom, Nedbank, Transnet, SAB, Nike, Standard Charered Bank, Hollard, Absa, Business Connexion and Super Group are members of CFO South Africa. Your peers understand best the issues you face and the challenges that impact your business. Together you will share your experiences at CFO South Africa’s events and help you advance in your career, company and knowledge. Get introduced to experienced colleagues that are happy to share their knowledge with you. Peer-to-peer consulting is by far the best and most cost effective way to help you solve problems. Are you interested? Please see our membership page for more information here. Upcoming CFO South Africa Events Join the CFO Events with inspiring hosts and experts who will share their insights and experiences with you. Register now for these events and boost your company, network, career and knowledge. CFO South Africa Events in 2015 Feb 17 Johannesburg | Get Smart in 2015 Feb 19 Cape Town | Get Smart in 2015 Mar 19 Johannesburg | Moving into Africa Apr 16 Johannesburg | Capital & Finance May 14 Johannesburg | CFO Awards 2015 July 30 Johannesburg | Corporate Growth Sept 17 Johannesburg | Digital Transformation Nov 19 Cape Town | Risk, Compliance & Control Register now for one of the upcoming CFO South Africa Events. Please note that all our CFO South Africa events are for senior financial executives. CFO South Africa offers Platinum memberships to CFOs and finance directors. For more information please have a look here and contact Jurrien Morsch at [email protected] Stay connected with CFO South Africa Follow CFO South Africa on Twitter and LinkedIn Stay up to date on what is happening in the world of finance by following us on Twitter @CFOSouthAfrica and LinkedIn. Next to that you can keep track of newly published interviews with CFOs and CEOs. Feel free to contact us Any suggestions or comments are welcome. Kind Regards, Melle Eijckelhoff Director CFO South Africa | [email protected] To control which emails you receive from CFO South Africa, please change your email preferences at cfo.co.za by selecting under settings "I do not want to receive emails from CFO South Africa | Finance Professionals South Africa"

13 January 2015

CFO of the Week: Linda Kumbemba, loveLife: being the NGO's 'bad guy'

“If you’re a quick-solutions type person, you tend to look like the bad guy at a non-profit organisation,” says Linda Kumbemba, CFO at loveLife, South Africa's largest HIV prevention initiative for young people. “The environment is slower-paced compared to the corporates, but you have to move and keep agile. It is also great to be part of a successful behavioral change campaign even though its results can’t be measured in the way a CFO would usually want results to be measured.”

08 January 2015

Newsletter: CFO Hollard: Success requires vision | Nominations CFO Awards | 2015 a bumper year for CFOs

CFO South Africa Newsletter | Thursday January 8 Dear CFO South Africa Member, We hope you had a great festive season and wish you a fantastic 2015. Read Exclusive CFO South Africa Articles CFO of the Week: Brooks Mparutsa, Hollard: success requires vision “At the age of 16 I made the decision to become a CA and a business leader,” says Brooks Mparutsa, the eloquent Group Chief Financial Officer of Hollard Insurance. His impressive career in the public and private sector has taken him all over the world. “I am following the path I set out for myself. What many people lack is a vision for their lives and careers. I benefited a lot from staying at my audit firm for a number of years and spending years in the public sector – it is a path I definitely recommend.” CFOs of Woolworths, Denel and UIF among nominees for CFO Awards 2015 More and more nominees for the CFO Awards 2015 are revealed. Supermarkets and retailers are well represented with Mark Godfrey (Group Financial Director at SPAR), Reeza Isaacs (Group Finance Director at Woolworths and Mr Price Group's CFO Mark Blair already among the nominees. Ronel van Dijk, CFO at Spur Group, has also been short-listed. Editorial: 2014 in numbers - which company's shares are worth 40 percent more? Today is the 8th day of the New Year. From tomorrow onwards we should be looking forward only! Earlier, I already wrote that South African CFOs and FDs have never been in a stronger position to share knowledge, meet peers, learn from partners and network. And 2015 is going to be even bigger and better! Read more exclusive articles on cfo.co.za - Editorial: 2015 a bumper year for CFOs Keynote Nicky Newton-King CEO JSE Discuss your agenda for 2015 As global economic growth recovers there will be opportunities and risks for South Africa's economy, CFOs must ensure that the financial choices you make maintain the recent gains in competitiveness. During the first CFO Events of 2015 we will discuss the new economy, value creation, complementary economics, networking, ideas to make te world a better place and we share smart ideas to improve your business. We offer a great opportunity to learn from your peers and get new ideas. Keynote by Nicky Newton King, CEO of the JSE She will discuss the comprehensive overview of the world today, as well as look forward on how she expects global trends, regional key challenges as education & skills development, African leadership will develop in the coming year as well as emerging issues that should be on the agendas of every CFO for 2015. Join this event free of charge with and don’t miss out on the first CFO Events of 2015 from 4pm - 8pm and register now: - February 17th at the JSE, register here. - February 19th at the Cape Town Club, register here. Partners CFO Events Get Smart in 2015: Continuous Professional Development Points Did you know all events of CFO South Africa are eligible for SAICA CPD points? By attending CFO South Africa's events and training courses you will stay compliant. Join the ultimate peer to peer advisory network Various CFOs and finance directors from Eskom, Nedbank, Transnet, SAB, Nike, Standard Charered Bank, Hollard, Absa, Business Connexion and Super Group are members of CFO South Africa. Your peers understand best the issues you face and the challenges that impact your business. Together you will share your experiences at CFO South Africa’s events and help you advance in your career, company and knowledge. Get introduced to experienced colleagues that are happy to share their knowledge with you. Peer-to-peer consulting is by far the best and most cost effective way to help you solve problems. Are you interested? Please see our membership page for more information here. Upcoming CFO South Africa Events Join the CFO Events with inspiring hosts and experts who will share their insights and experiences with you. Register now for these events and boost your company, network, career and knowledge. CFO South Africa Events in 2015 Feb 17 Johannesburg | Get Smart in 2015 Feb 19 Cape Town | Get Smart in 2015 Mar 19 Johannesburg | Moving into Africa Apr 16 Johannesburg | Capital & Finance May 14 Johannesburg | CFO Awards 2015 July 30 Johannesburg | Corporate Growth Sept 17 Johannesburg | Digital Transformation Nov 19 Cape Town | Risk, Compliance & Control Register now for one of the upcoming CFO South Africa Events. Please note that all our CFO South Africa events are for senior financial executives. CFO South Africa offers Platinum memberships to CFOs and finance directors. For more information please have a look here and contact Jurrien Morsch at [email protected] Stay connected with CFO South Africa Follow CFO South Africa on Twitter and LinkedIn Stay up to date on what is happening in the world of finance by following us on Twitter @CFOSouthAfrica and LinkedIn. Next to that you can keep track of newly published interviews with CFOs and CEOs. Feel free to contact us Any suggestions or comments are welcome. Kind Regards, Melle Eijckelhoff Director CFO South Africa | [email protected]

06 January 2015

Brooks Mparutsa, Hollard Insurance: success requires vision

“At the age of 16 I made the decision to become a CA and a business leader,” says Brooks Mparutsa, the eloquent Group Chief Financial Officer of Hollard Insurance. His impressive career in the public and private sector has taken him all over the world. “I am following the path I set out for myself. What many people lack is a vision for their lives and careers. I benefited a lot from staying at my audit firm for a number of years and spending years in the public sector – it is a path I definitely recommend.”

30 December 2014

CFOs of Woolworths, Denel and UIF among nominees for CFO Awards 2015

As 2014 draws to an end, more and more nominees for the CFO Awards 2015 are revealed. Supermarkets and retailers are well represented with Mark Godfrey (Group Financial Director at SPAR), Reeza Isaacs (Group Finance Director at Woolworths) and Mr Price Group's CFO Mark Blair already among the nominees. Ronel van Dijk, CFO at Spur Group, has also been short-listed. We recently spoke to Van Dijk about Spur's expansion plans and her role in the continuous growth of the business.

18 December 2014

Newsletter: Judges CFO Awards 2015 | Minister Meyer endorses CFO SA | We are living in a new renaissance

CFO South Africa Newsletter | Thursday December 18 Dear CFO South Africa Member, Read Exclusive CFO South Africa Articles Minister Meyer endorses CFO South Africa’s public chapter “The public chapter of CFO South Africa is a great institution.” Those were the words of Dr Ivan Meyer, minister for finance in the Western Cape, when we spoke to him in the margins of the Risk, Compliance & Control Forum at the Cape Town Club last month. CFO Awards 2015 judged by impressive group of industry leaders One of the biggest success factors of the inaugural CFO Awards in May this year was the impressive panel of judges that was willing to interview and adjudicate each and every candidate for the various award categories. Not only CFO of the Year winner Simon Ridley (Standard Bank), but virtually all the other award nominees remarked what an honour it was to be judged by such an impressive group of industry leaders. Expert Insight: Explorer Martijn Aslander: we are living in a new renaissance In his latest book, Nooit Af, (Never Finished) which, as was the case with Easycratie (Easycracy) he wrote in tandem with Erwin Witteveen, Martijn Aslander is advocating a state of permanent beta. His argumentation follows from the way in which he interprets current trends in the network- and information society and topics such as self-direction and Quantified Self. ‘We’re living in a different world. The tools you need are available to anyone, even to young kids in Pakistan. You don’t need an expensive office to make a difference.’ Read more exclusive articles on cfo.co.za - Editorial: KPMG provides CFOs for JSE firms, Madonsela finds "improper conduct" Keynote Nicky Newton-King CEO JSE Discuss your agenda for 2015 As global economic growth recovers there will be opportunities and risks for South Africa's economy, CFOs must ensure that the financial choices you make maintain the recent gains in competitiveness. During the first CFO Events of 2015 we will discuss the new economy, value creation, complementary economics, networking, ideas to make te world a better place and we share smart ideas to improve your business. We offer a great opportunity to learn from your peers and get new ideas. Keynote by Nicky Newton King, CEO of the JSE She will discuss the comprehensive overview of the world today, as well as look forward on how she expects global trends, regional key challenges as education & skills development, African leadership will develop in the coming year as well as emerging issues that should be on the agendas of every CFO for 2015. Join this event free of charge with and don’t miss out on the first CFO Events of 2015 from 4pm - 8pm and register now: - February 17th at the JSE, register here. - February 19th at the Cape Town Club, register here. Partners CFO Events Get Smart in 2015: Continuous Professional Development Points Did you know all events of CFO South Africa are eligible for SAICA CPD points? By attending CFO South Africa's events and training courses you will stay compliant. Join the ultimate peer to peer advisory network Various CFOs and finance directors from Eskom, Nedbank, Transnet, SAB, Nike, Standard Charered Bank, Hollard, Absa, Business Connexion and Super Group are members of CFO South Africa. Your peers understand best the issues you face and the challenges that impact your business. Together you will share your experiences at CFO South Africa’s events and help you advance in your career, company and knowledge. Get introduced to experienced colleagues that are happy to share their knowledge with you. Peer-to-peer consulting is by far the best and most cost effective way to help you solve problems. Are you interested? Please see our membership page for more information here. Upcoming CFO South Africa Events Join the CFO Events with inspiring hosts and experts who will share their insights and experiences with you. Register now for these events and boost your company, network, career and knowledge. CFO South Africa Events in 2015 Feb 17 Johannesburg | Get Smart in 2015 Feb 19 Cape Town | Get Smart in 2015 Mar 19 Johannesburg | Moving into Africa Apr 16 Johannesburg | Capital & Finance May 14 Johannesburg | CFO Awards 2015 July 30 Johannesburg | Corporate Growth Sept 17 Johannesburg | Digital Transformation Nov 19 Cape Town | Risk, Compliance & Control Register now for one of the upcoming CFO South Africa Events. Please note that all our CFO South Africa events are for senior financial executives. CFO South Africa offers Platinum memberships to CFOs and finance directors. For more information please have a look here and contact Jurrien Morsch at [email protected] Stay connected with CFO South Africa Follow CFO South Africa on Twitter and LinkedIn Stay up to date on what is happening in the world of finance by following us on Twitter @CFOSouthAfrica and LinkedIn. Next to that you can keep track of newly published interviews with CFOs and CEOs. Feel free to contact us Any suggestions or comments are welcome. Kind Regards, Melle Eijckelhoff Director CFO South Africa | [email protected]

15 December 2014

Minister Meyer endorses CFO South Africa's public chapter

“The public chapter of CFO South Africa is a great institution.” Those were the words of Dr Ivan Meyer, minister for finance in the Western Cape, when we spoke to him in the margins of the Risk, Compliance & Control Forum at the Cape Town Club last month. “With the current international financial climate we need financial resilience and this CFO forum confirmed to me that the CFOs we have, both in the public sector and in the private sector, have a lot of resilience to build the strong institutions that are necessary for a constitutional democracy.”

11 December 2014

Newsletter: Common CV mistakes | Good governance good for business | CEO JSE Keynote at CFO Events

CFO South Africa Newsletter | Thursday December 11 Dear CFO South Africa Member, Read Exclusive CFO South Africa Articles Take a selfie: what’s lacking on the CV of the CFO? Why are CVs of many CFOs ill-prepared, full of mistakes and lacking relevant information? In this Expert Insight Fowzia Gamiet, Senior Associate: Financial Recruitment at CA Global Finance answers this question and tells Chief Financial Officers how it’s done. CFO of the Week: Shabeer Khan (DTI): CAs should consider the government While Shabeer Khan, Chief Financial Officer of the dti, admits to dreaming of becoming an astronaut, a Formula One racing driver and even a fireman as a young boy, he would now like to encourage young Chartered Accountants (CA’s) to take the route that he has taken. At the age of 34 he confesses to having considered other career prospects but working for Government was a conscious decision for him and he assures us that nothing compares with the daily fulfillment he gets from his current role. Master Class Kerry Jenkins, Head Regulatory and Compliance KPMG: "G... Good governance is good for business, was the underlying message of the Master Class hosted by Dr Kerry Jenkins, head of the Regulatory and Compliance unit at KPMG, at the CFO South Africa Event Risk, Compliance & Control Forum at the Cape Town Club last week. Dr Jenkins said given the plethora of laws, regulations and a number of pending changes , it was easy for a CFO to feel overwhelmed by what that they were now expected to know. Read more exclusive articles on cfo.co.za - Editorial: Sony CFO Kenichiro Yoshida as role model & common CV mistakes Keynote Nicky Newton-King CEO JSE Discuss your agenda for 2015 As global economic growth recovers there will be opportunities and risks for South Africa's economy, CFOs must ensure that the financial choices you make maintain the recent gains in competitiveness. During the first CFO Events of 2015 we will discuss the new economy, value creation, complementary economics, networking, ideas to make te world a better place and we share smart ideas to improve your business. We offer a great opportunity to learn from your peers and get new ideas. Keynote by Nicky Newton King, CEO of the JSE She will discuss the comprehensive overview of the world today, as well as look forward on how she expects global trends, regional key challenges as education & skills development, African leadership will develop in the coming year as well as emerging issues that should be on the agendas of every CFO for 2015. Join this event free of charge with and don’t miss out on the first CFO Events of 2015 from 4pm - 8pm and register now: - February 17th at the JSE, register here. - February 19th at the Cape Town Club, register here. Partners CFO Events Get Smart in 2015: Continuous Professional Development Points Did you know all events of CFO South Africa are eligible for SAICA CPD points? By attending CFO South Africa's events and training courses you will stay compliant. Join the ultimate peer to peer advisory network Various CFOs and finance directors from Eskom, Nedbank, Transnet, SAB, Nike, Standard Charered Bank, Hollard, Absa, Business Connexion and Super Group are members of CFO South Africa. Your peers understand best the issues you face and the challenges that impact your business. Together you will share your experiences at CFO South Africa’s events and help you advance in your career, company and knowledge. Get introduced to experienced colleagues that are happy to share their knowledge with you. Peer-to-peer consulting is by far the best and most cost effective way to help you solve problems. Are you interested? Please see our membership page for more information here. Upcoming CFO South Africa Events Join the CFO Events with inspiring hosts and experts who will share their insights and experiences with you. Register now for these events and boost your company, network, career and knowledge. CFO South Africa Events in 2015 Feb 17 Johannesburg | Get Smart in 2015 Feb 19 Cape Town | Get Smart in 2015 Mar 19 Johannesburg | Moving into Africa Apr 16 Johannesburg | Capital & Finance May 14 Johannesburg | CFO Awards 2015 July 30 Johannesburg | Corporate Growth Sept 17 Johannesburg | Digital Transformation Nov 19 Cape Town | Risk, Compliance & Control Register now for one of the upcoming CFO South Africa Events. Please note that all our CFO South Africa events are for senior financial executives. CFO South Africa offers Platinum memberships to CFOs and finance directors. For more information please have a look here and contact Jurrien Morsch at [email protected] Stay connected with CFO South Africa Follow CFO South Africa on Twitter and LinkedIn Stay up to date on what is happening in the world of finance by following us on Twitter @CFOSouthAfrica and LinkedIn. Next to that you can keep track of newly published interviews with CFOs and CEOs. Feel free to contact us Any suggestions or comments are welcome. Kind Regards, Melle Eijckelhoff Director CFO South Africa | [email protected]

09 December 2014

CFO of the Week: Shabeer Khan (DTI): CAs should consider the government

While Shabeer Khan, Chief Financial Officer of the dti, admits to dreaming of becoming an astronaut, a Formula One racing driver and even a fireman as a young boy, he would now like to encourage young Chartered Accountants (CAs) to take the route that he has taken. At the age of 34 he confesses to having considered other career prospects but working for Government was a conscious decision for him and he assures us that nothing compares with the daily fulfillment he gets from his current role. The perception is that working for government can be a risky career choice but Khan says that working for the government provides an opportunity where you can enhance your skills and make a real contribution to your country. Khan currently leads a team of 90 people and was the only CA within the dti when he joined in 2013.

04 December 2014

Newsletter: The power of a CFO | Choose consumer over product | Join CFO Events Get Smart in 2015 in JHB and CT

CFO South Africa Newsletter | Thursday December 4 Dear CFO South Africa Member, Read Exclusive CFO South Africa Articles CFOs in the winelands - Platinum Member and VIP Tour “It’s very interesting that when you look at some of the international benchmarks, South Africa is ranked tenth in the world when it comes to protecting investors from directors. That’s a CFO’s responsibility,” said Wesgro CEO Nils Flaatten. Flaatten said this showed SA’s CFOs were serious about their jobs and that there was a regulatory framework to support them. CFO of the Week: Austin McDonald (Promasidor): choose the consumer over the product When Austin McDonald became a Chartered Accountant, he was already “the world’s worst engineer”. Although he is a self-professed “maverick” the Finance world has clearly suited him much better than engineering did, especially after he joined the family’s business: Promasidor. Now his CV boasts a successful rescue operation, a handsome R9 billion annual turnover and unequalled insight into African opportunities. “When looking at African countries, be consumer driven and not product driven,” he advises. Editorial: The power of a CFO, Moving into Africa & what to think of brain... Yesterday I had the privilege of chatting to Casper Troskie, the experienced CFO of Liberty Holdings. He re-affirmed what CFOs have started telling me over the last year or so: communication skills are a crucial asset for a Chief Financial Officer or Finance Director these days. Whether talking to investors, customers, unions, analysts or the general public, a simple, transparent, unison message from the board – and all other employees of a company– is very important. These days, particular attention is being paid when a CFO opens his or her mouth. A CFO that can communicate clearly and confidently is therefore in an extremely powerful position. Read more exclusive articles on cfo.co.za - Expert insight: Stanford Payne: Does a CFO on ‘sabbatical’ actually have burnout? Join CFO Events Get Smart in 2015 in JHB & CT Discuss your agenda for 2015 As global economic growth recovers there will be opportunities and risks for South Africa's economy, CFOs must ensure that the financial choices you make maintain the recent gains in competitiveness. During the first CFO Events of 2015 we will discuss the new economy, value creation, complementary economics, networking, ideas to make te world a better place and we share smart ideas to improve your business. We offer a great opportunity to learn from your peers and get new ideas. Keynote by professional lifehacker Martijn Aslander Our new network society demands that we work faster and more efficient in a world where competing is done with knowledge. Martijn offers tools to do this, such as lifehacking and how to utilise a great network. Lifehacking: tracing information, organizing, filtering and sharing it in a way where you keep track of it all. Martijn is a Dutch national and a very experienced speaker at several Forums as CFO Day the Netherlands and the Public Finance Conference. Join this event free of charge with and don’t miss out on the first CFO Events of 2015 from 4pm - 8pm and register now: - February 17th at the JSE, register here. - February 19th at the Cape Town Club, register here. Partners CFO Events Get Smart in 2015: Continuous Professional Development Points Did you know all events of CFO South Africa are eligible for SAICA CPD points? By attending CFO South Africa's events and training courses you will stay compliant. Join the ultimate peer to peer advisory network Various CFOs and finance directors from Eskom, Nedbank, Transnet, SAB, Nike, Standard Charered Bank, Hollard, Absa, Business Connexion and Super Group are members of CFO South Africa. Your peers understand best the issues you face and the challenges that impact your business. Together you will share your experiences at CFO South Africa’s events and help you advance in your career, company and knowledge. Get introduced to experienced colleagues that are happy to share their knowledge with you. Peer-to-peer consulting is by far the best and most cost effective way to help you solve problems. Are you interested? Please see our membership page for more information here. Upcoming CFO South Africa Events Join the CFO Events with inspiring hosts and experts who will share their insights and experiences with you. Register now for these events and boost your company, network, career and knowledge. CFO South Africa Events in 2015 Feb 17 Johannesburg | Get Smart in 2015 Feb 19 Cape Town | Get Smart in 2015 Mar 19 Johannesburg | Moving into Africa Apr 16 Johannesburg | Capital & Finance May 14 Johannesburg | CFO Awards 2015 July 30 Johannesburg | Corporate Growth Sept 17 Johannesburg | Digital Transformation Nov 19 Cape Town | Risk, Compliance & Control Register now for one of the upcoming CFO South Africa Events. Please note that all our CFO South Africa events are for senior financial executives. CFO South Africa offers Platinum memberships to CFOs and finance directors. For more information please have a look here and contact Jurrien Morsch at [email protected] Stay connected with CFO South Africa Follow CFO South Africa on Twitter and LinkedIn Stay up to date on what is happening in the world of finance by following us on Twitter @CFOSouthAfrica and LinkedIn. Next to that you can keep track of newly published interviews with CFOs and CEOs. Feel free to contact us Any suggestions or comments are welcome. Kind Regards, Melle Eijckelhoff Director CFO South Africa | [email protected]

03 December 2014

Editorial: The power of a CFO, Moving into Africa & what to think of brain drain?

Yesterday I had the privilege of chatting to Casper Troskie, the experienced CFO of Liberty Holdings. He re-affirmed what CFOs have started telling me over the last year or so: communication skills are a crucial asset for a Chief Financial Officer or Finance Director these days. Whether talking to investors, customers, unions, analysts or the general public, a simple, transparent, unison message from the board – and all other employees of a company– is very important. These days, particular attention is being paid when a CFO opens his or her mouth. A CFO that can communicate clearly and confidently is therefore in an extremely powerful position.

02 December 2014

CFO of the Week: Austin McDonald (Promasidor): choose the consumer over the product

When Austin McDonald became a Chartered Accountant, he was already “the world’s worst engineer”. Although he is a self-professed “maverick” the Finance world has clearly suited him much better than engineering did, especially after he joined the family’s business: Promasidor. Now his CV boasts a successful rescue operation, a handsome R9 billion annual turnover and unequalled insight into African opportunities. “When looking at African countries, be consumer driven and not product driven,” he advises.

27 November 2014

Newsletter: Public Finance Chapter launched | Learning from other CFOs is valuable | M&A transactions game changers for companies

CFO South Africa Newsletter | Thursday November 27 Dear CFO South Africa Member, Read Exclusive CFO South Africa Articles CFO South Africa launches public finance chapter Heeding a call many Chief Financial Officers in the public sector have made over the last year or so, CFO South Africa has established a separate chapter for public CFOs. The Public Finance Chapter will give CFOs of departments, municipalities and other governmental bodies the opportunity to share knowledge, discuss challenges, network and listen to solutions that partner organisations have to offer. CFO of the Week: Talelani Enos Ramaru (Cosatu): learning from other CFOs is very val... “A platform like CFO South Africa is very useful,” says Talelani Enos Ramaru, Chief Financial Officer at The Congress of South African Trade Unions (COSATU). “There is a lot of innovation happening and as a CFO you have to know about it,” says Ramaru, who is proud of the work he has done to bring stability to the trade union federation’s finance team. The CFO’s approach to analysing an M&A transaction An Expert Insight by Johann de Lange, founder of M&A advisory firm Pollination Capital* M&A transactions are game changers for companies. They are usually large transactions when compared to other capital investments and tie up substantial resources and focus. They are normally also closely tied to the strategic direction of a company. The many unknowns represent an increased risk environment for the acquirer. Read more exclusive articles on cfo.co.za - Editorial: Twitter CFO blunders, public South African CFOs unite Join CFO Events Get Smart in 2015 in JHB & CT Discuss your agenda for 2015 As global economic growth recovers there will be opportunities and risks for South Africa's economy, CFOs must ensure that the financial choices you make maintain the recent gains in competitiveness. During the first CFO Events of 2015 we will discuss the new economy, value creation, complementary economics, networking, ideas to make te world a better place and we share smart ideas to improve your business. We offer a great opportunity to learn from your peers and get new ideas. Keynote by professional lifehacker Martijn Aslander Our new network society demands that we work faster and more efficient in a world where competing is done with knowledge. Martijn offers tools to do this, such as lifehacking and how to utilise a great network. Lifehacking: tracing information, organizing, filtering and sharing it in a way where you keep track of it all. Martijn is a Dutch national and a very experienced speaker at several Forums as CFO Day the Netherlands and the Public Finance Conference. Join this event free of charge with and don’t miss out on the first CFO Events of 2015 from 4pm - 8pm and register now. - February 17th in Johannesburg, register here. - February 19th in Cape Town, register here. Partners CFO Events Get Smart in 2015: Continuous Professional Development Points Did you know all events of CFO South Africa are eligible for SAICA CPD points? By attending CFO South Africa's events and training courses you will stay compliant. Join the ultimate peer to peer advisory network Various CFOs and finance directors from Eskom, Nedbank, Transnet, SAB, Nike, Standard Charered Bank, Hollard, Absa, Business Connexion and Super Group are members of CFO South Africa. Your peers understand best the issues you face and the challenges that impact your business. Together you will share your experiences at CFO South Africa’s events and help you advance in your career, company and knowledge. Get introduced to experienced colleagues that are happy to share their knowledge with you. Peer-to-peer consulting is by far the best and most cost effective way to help you solve problems. Are you interested? Please see our membership page for more information here. Upcoming CFO South Africa Events Join the CFO Events with inspiring hosts and experts who will share their insights and experiences with you. Register now for these events and boost your company, network, career and knowledge. CFO South Africa Events in 2015 Feb 17 Johannesburg | Get Smart in 2015 Feb 19 Cape Town | Get Smart in 2015 Mar 19 Johannesburg | Moving into Africa Apr 16 Johannesburg | Capital & Finance May 14 Johannesburg | CFO Awards 2015 July 30 Johannesburg | Corporate Growth Sept 17 Johannesburg | Digital Transformation Nov 19 Cape Town | Risk, Compliance & Control Register now for one of the upcoming CFO South Africa Events. Please note that all our CFO South Africa events are for senior financial executives. CFO South Africa offers Platinum memberships to CFOs and finance directors. For more information please have a look here and contact Jurrien Morsch at [email protected] Stay connected with CFO South Africa Follow CFO South Africa on Twitter and LinkedIn Stay up to date on what is happening in the world of finance by following us on Twitter @CFOSouthAfrica and LinkedIn. Next to that you can keep track of newly published interviews with CFOs and CEOs. Feel free to contact us Any suggestions or comments are welcome. Kind Regards, Melle Eijckelhoff Director CFO South Africa | [email protected] To control which emails you receive from CFO South Africa, please change your email preferences at cfo.co.za by selecting under settings "I do not want to receive emails from CFO South Africa | Finance Professionals South Africa"

26 November 2014

Editorial: Twitter CFO blunders, public South African CFOs unite

A stark reminder that ‘living the brand’ is not only important for CEOs and marketing gurus came this week when Twitter CFO Anthony Noto accidentally tweeted sensitive information about a pending acquisition. If the CFO doesn't know how to use his own product, how should the rest of the world? It is an important lesson for CFOs in South Africa and around the globe: know your own business! A public mistake, like the Twitter gaffe, can have a major impact on your bottom line.

20 November 2014

Newsletter: CFO Awards Judges revealed | Finance Minister gives insights in the public & private sector | Do CA exam changes benefit rich students?

CFO South Africa Newsletter | Thursday November 20 Dear CFO South Africa Member, Read Exclusive CFO South Africa Articles Judges revealed for CFO Awards, governance improving in Africa The biggest CFO news this week was the fact that several members of the panel of judges for this year’s CFO Awards have committed themselves to adjudicate the 2015 CFO Awards as well. CFO of the Week: Clint Capitano, Cunningham Lindsey: take decisions and move on Decisiveness is one of the most important characteristics of a good CFO, says Clint Capitano, Chief Financial Officer at loss adjusting firm Cunningham Lindsey. “People procrastinate and take a long time to take decisions; being decisive is one of my strongest points. I do research, get the information I need, take a decision and move on. I get things done and live with the consequences of my decisions.” Minister Ivan Meyer gives CFOs insights in the public & private... “I was so happy to be here today because it has given me the confidence that we have capable financial skills here in South Africa,” said Dr Ivan Meyer, minister for finance in the Western Cape after attending the CFO South Africa event Risk, Compliance & Control Forum at the Cape Town Club on Thursday night. “This CFO forum confirmed to me that the CFOs in the public and private sectors are very capable.” Read more exclusive articles on cfo.co.za - Opinion: Veli Mcobothi - Do CA exam changes benefit rich students? Join CFO Events Get Smart in 2015 in JHB & CT Discuss the implications of the Budget Speech As global economic growth recovers there will be opportunities and risks for South Africa's economy, CFOs must ensure that the financial choices you make maintain the recent gains in competitiveness. During the first CFO Events of 2015 we will discuss the implications of Finance Minister Nhlanhla Nene Budget Speech and share smart ideas to improve your business. We offer a great opportunity to learn from your peers and get new ideas. We talk about important issues like tax & policy change implications, SME enterprise reforms and insurance issues. Who wants to share a story or an experience that others can profit from? Don’t miss out on this CFO Event and register now. It might be the smartest thing you did in 2015. Join this event free of charge with and don’t miss out on the first CFO Events of 2015 from 4pm - 8pm and register now. - February 17th in Johannesburg, register here. - February 19th in Cape Town, register here. Partners CFO Events Get Smart in 2015: Continuous Professional Development Points Did you know all events of CFO South Africa are eligible for SAICA CPD points? By attending CFO South Africa's events and training courses you will stay compliant. Join the ultimate peer to peer advisory network Various CFOs and finance directors from Eskom, Nedbank, Transnet, SAB, Nike, Standard Charered Bank, Hollard, Absa, Business Connexion and Super Group are members of CFO South Africa. Your peers understand best the issues you face and the challenges that impact your business. Together you will share your experiences at CFO South Africa’s events and help you advance in your career, company and knowledge. Get introduced to experienced colleagues that are happy to share their knowledge with you. Peer-to-peer consulting is by far the best and most cost effective way to help you solve problems. Are you interested? Please see our membership page for more information here. Upcoming CFO South Africa Events Join the CFO Events with inspiring hosts and experts who will share their insights and experiences with you. Register now for these events and boost your company, network, career and knowledge. CFO South Africa Events in 2015 Feb 17 Johannesburg | Get Smart in 2015 Feb 19 Cape Town | Get Smart in 2015 Mar 19 Johannesburg | Moving into Africa Apr 16 Johannesburg | Capital & Finance May 14 Johannesburg | CFO Awards 2015 July 30 Johannesburg | Corporate Growth Sept 17 Johannesburg | Digital Transformation Nov 19 Cape Town | Risk, Compliance & Control Register now for one of the upcoming CFO South Africa Events. Please note that all our CFO South Africa events are for senior financial executives. CFO South Africa offers Platinum memberships to CFOs and finance directors. For more information please have a look here and contact Jurrien Morsch at [email protected] Stay connected with CFO South Africa Follow CFO South Africa on Twitter and LinkedIn Stay up to date on what is happening in the world of finance by following us on Twitter @CFOSouthAfrica and LinkedIn. Next to that you can keep track of newly published interviews with CFOs and CEOs. Feel free to contact us Any suggestions or comments are welcome. Kind Regards, Melle Eijckelhoff Director CFO South Africa | [email protected] To control which emails you receive from CFO South Africa, please change your email preferences at cfo.co.za by selecting under settings "I do not want to receive emails from CFO South Africa | Finance Professionals South Africa"

19 November 2014

Editorial: judges revealed for CFO Awards, governance improving in Africa

I am a little bit biased, but for me the biggest CFO news this week was the fact that several members of the panel of judges for this year’s CFO Awards have committed themselves to adjudicate the 2015 CFO Awards as well. As of today, we have been able to confirm the involvement of top CEOs Asher Bohbot (EOH), Victor Sekese (SizweNtsalubaGobodo), Jonathan Lang (Bowman Gilfillan Africa), Delphine Maïdou (Allianz GCS Africa), Claudelle von Eck (The Institute of Internal Auditors South Africa) and Rob Otty (Norton Rose Fulbright South Africa). Prof. Ben Marx (University of Johannesburg) is also on the team again.

18 November 2014

CFO of the Week: Clint Capitano, Cunningham Lindsey: take decisions and move on

Decisiveness is one of the most important characteristics of a good CFO, says Clint Capitano, Chief Financial Officer at loss adjusting firm Cunningham Lindsey. “People procrastinate and take a long time to take decisions; being decisive is one of my strongest points. I do research, get the information I need, take a decision and move on. I get things done and live with the consequences of my decisions.”

14 November 2014

Minister Ivan Meyer gives CFOs insights in the public & private sector

“I was so happy to be here today because it has given me the confidence that we have capable financial skills here in South Africa,” said Dr Ivan Meyer, minister for finance in the Western Cape after attending the CFO South Africa event Risk, Compliance & Control Forum at the Cape Town Club on Thursday night. “This CFO forum confirmed to me that the CFOs in the public and private sectors are very capable.”

13 November 2014

Newsletter | CA examination changes good or bad? | Today last CFO Event of 2014 | KPMG principal sponsor CFO South Africa

CFO South Africa Newsletter | Thursday November 13 Dear CFO South Africa Member, Read Exclusive CFO South Africa Articles CA examination changes – good news or bad news? Close to three quarters of CFOs of listed South African companies are South African Chartered Accountants (SAICA research published October 2014). November 2014 sees a major shift in the focus and form of the final assessment written to qualify as a chartered accountant. Is this good news or bad news for current and future CFOs and the staff that they employ? CFO of the Week: Vuyo Mafata (UIF): investing billions for the unemployed “What makes me get out of bed in the morning is the contribution that I think I can make to the plight of the unemployed in South Africa,” says Vuyo Mafata, CFO at the Unemployment Insurance Fund (UIF). In this interview Mafata talks about the challenges of being a CFO in a governmental organisation and the exciting responsibility he has of managing an investment portfolio of more than R100 billion. KPMG throws its weight behind CFO South Africa Professional services firm KPMG will be the principal sponsor for the next year of CFO South Africa, the dedicated networking and knowledge sharing platform for CFOs and Financial Directors. In addition to sponsoring six events, KPMG will be also be the main partner for the 2015 CFO Awards, a prestigious gala event that recognises leaders in South Africa’s finance world. Read more exclusive articles on cfo.co.za - Editorial: CFOs with benefits? Today: last CFO Event of 2014 Minister Ivan Meyer & CFO SARS at the Cape Town Club Today CFO South Africa will host the last CFO Event of 2014 on Risk, Compliance & Control together with 75 other CFOs. How do you take the lead in letting your company achieve its goals in a way that is open, honest, ethical and principled. How can you contribute to build and implement systems designed to detect and prevent compliance breaches and how do you lead the development of a strong compliance culture. CFOs should consider embedding a thoughtful awareness of risk and compliance in their organization. Listen to best practices to help the company stay in control of the risks it chooses to take. Is your agenda free this afternoon? Join this event free of charge with a Master Class, exclusive Round Tables and a list of very interesting speakers and attendees: 16.45 Keynote by Ivan Meyer, Minister of Finance, Western Cape 17.15: - Round Table Public Finance - Round Table Economic Development South Africa - Master Class Risk, Compliance & Control 18.45 Start of CFO Café 19.15 Keynote by Bob Head, Acting Chief Financial Officer, SARS Don’t miss out on this last CFO Event of 2014 from 4pm - 8pm and register now. Discuss with your peers issues on Risk, Compliance & Control. Partners CFO Event Risk, Compliance & Control: Continuous Professional Development Points Did you know all events of CFO South Africa are eligible for SAICA CPD points? By attending CFO South Africa's events and training courses you will stay compliant. Join the ultimate peer to peer advisory network Various CFOs and finance directors from Eskom, Nedbank, Transnet, SAB, Nike, Standard Charered Bank, Hollard, Absa, Business Connexion and Super Group are members of CFO South Africa. Your peers understand best the issues you face and the challenges that impact your business. Together you will share your experiences at CFO South Africa’s events and help you advance in your career, company and knowledge. Get introduced to experienced colleagues that are happy to share their knowledge with you. Peer-to-peer consulting is by far the best and most cost effective way to help you solve problems. Are you interested? Please see our membership page for more information here. Upcoming CFO South Africa Events Join the CFO Events with inspiring hosts and experts who will share their insights and experiences with you. Register now for these events and boost your company, network, career and knowledge. CFO South Africa Events in 2015 Feb 19 Johannesburg | Moving into Africa Mar 19 Johannesburg | Get Smart in 2015 Apr 16 Johannesburg | Capital & Finance May 14 Johannesburg | CFO Awards 2015 July 30 Johannesburg | Corporate Growth Sept 17 Johannesburg | Digital Transformation Nov 19 Cape Town | Risk, Compliance & Control Register now for one of the upcoming CFO South Africa Events. Please note that all our CFO South Africa events are for senior financial executives. CFO South Africa offers Platinum memberships to CFOs and finance directors. For more information please have a look here and contact Jurrien Morsch at [email protected] Stay connected with CFO South Africa Follow CFO South Africa on Twitter and LinkedIn Stay up to date on what is happening in the world of finance by following us on Twitter @CFOSouthAfrica and LinkedIn. Next to that you can keep track of newly published interviews with CFOs and CEOs. Feel free to contact us Any suggestions or comments are welcome. Kind Regards, Melle Eijckelhoff Director CFO South Africa | [email protected] To control which emails you receive from CFO South Africa, please change your email preferences at cfo.co.za by selecting under settings "I do not want to receive emails from CFO South Africa | Finance Professionals South Africa"

12 November 2014

Editorial: KPMG's Anthony Thunström to Foschini - CFOs with benefits?

Only a few days after professional services firm KPMG announced a ground-breaking partnership with CFO South Africa, one of the architects of that collaboration got a new job – as a CFO! From 1 February 2015 KPMG Africa COO Anthony Thunström will replace the retiring Ronnie Stein as CFO of JSE-listed clothing retailer, Foschini. We wish Anthony all the best and hope to meet him again at our events, this time with his CFO hat on.

31 October 2014

Badibanga Promesse, Strategic Account Director CIMA: what CFOs need to know about strategy

“We have grown tremendously in Africa over the last five years,” says Badibanga Promesse, Strategic Account Director- Global Corporate Relations at the Chartered Institute of Management Accountants (CIMA). With evident energy, he tells us about the upcoming shift to online-only exams and the continuous drive to keep the syllabus and short courses relevant. “For CFOs this is crucial, because CIMA is the only accounting qualification that has really embedded strategy in its syllabus for many years.”

30 October 2014

Newsletter | How to become a happier CFO | Fraud in your rearview mirror? | Join the last CFO Event of 2014

CFO South Africa Newsletter | Thursday October 30 Dear CFO South Africa Member, Read Exclusive CFO South Africa Articles CFO of the Week: Andre van der Westhuizen, Keeley Granite: use BEE to look criticall... “BEE can be an opportunity instead of a problem,” says Andre van der Westhuizen, CFO at Keeley Granite, a mining services company based in the platinum belt near the North West town of Brits. In this interview the Chartered Accountant tells a remarkable story about fighting off multiple health scares, innovative ways of dealing with B-BBEE and some thoughts on how to become a better CFO. “I love getting things working and I hate wasting time. I call myself the eternal student.” Expert Insight: Jonathan le Roux: Is Fraud in your rearview mirror? An Expert Insight by Jonathan Yudelowitz, Joint Managing Director of YSA (Pty) Limited, Author of Smart Leadership and a well-known Leadership Expert and Executive Coach. “It takes more than intelligence for an intelligent person to behave intelligently,” Dostoevsky astutely observed. What this means for a Chief Financial Officer (CFO) or Financial Director (FD) is that to be effective, he or she must develop self-awareness and become fully comfortable with the non-rational in himself or herself, others and the world. Stanford Payne: how to become a happier CFO CFOs should remember the lessons about opportunity cost and plan better to have the careers and lives they want. That is the message of Executive Coach Stanford Payne, a CA who will be writing Expert Insights for this website over the course of the next year. To kick things off, we have interviewed him about his background and principles. Read more exclusive articles on cfo.co.za - Editorial: Listen to the rating agencies (for a change?) Join the last CFO Event of 2014 November 13 at the beautifully restored Cape Town Club CFO South Africa invites you to join the last CFO Event of 2014 on Risk, Compliance & Control together with 75 other CFOs. How do you take the lead in letting your company achieve its goals in a way that is open, honest, ethical and principled. How can you contribute to build and implement systems designed to detect and prevent compliance breaches and how do you lead the development of a strong compliance culture. CFOs should consider embedding a thoughtful awareness of risk and compliance in their organization. Listen to best practices to help the company stay in control of the risks it chooses to take. Join this event free of charge with a Master Class, exclusive Round Tables and a list of very interesting speakers and attendees: 16.45 Keynote by Ivan Meyer, Minister of Finance, Western Cape 17.15: - Round Table Public Finance - Round Table Economic Development South Africa - Master Class Risk, Compliance & Control 18.45 Start of CFO Café 19.15 Keynote by Bob Head, Acting Chief Financial Officer, SARS Don’t miss out on this last CFO Event of 2014 from 4pm - 8pm and register now. Discuss with your peers issues on Risk, Compliance & Control. Partners CFO Event Risk, Compliance & Control: Continuous Professional Development Points Did you know all events of CFO South Africa are eligible for SAICA CPD points? By attending CFO South Africa's events and training courses you will stay compliant. Join the ultimate peer to peer advisory network Various CFOs and finance directors from Eskom, Nedbank, Transnet, SAB, Nike, Standard Charered Bank, Hollard, Absa, Business Connexion and Super Group are members of CFO South Africa. Your peers understand best the issues you face and the challenges that impact your business. Together you will share your experiences at CFO South Africa’s events and help you advance in your career, company and knowledge. Get introduced to experienced colleagues that are happy to share their knowledge with you. Peer-to-peer consulting is by far the best and most cost effective way to help you solve problems. Are you interested? Please see our membership page for more information here. Reach 5000 CFOs in the first CFO Magazine South Africa CFOs want to know your story Showcase your work and that of your company via CFO Magazine and demonstrate your added value to 15.000 CFOs, finance leaders and their direct reports as well as hundreds of international investors looking in how to move in to Africa. Get the undivided attention of the top financial decision makers and deliver the latest insights on improving the finance function. CFO Magazine: Knowledge and know-how for CFOs Read the latest insights from award winning CFOs: Simon Ridley, Standard Bank, Anoj Singh, Transnet, John King, EOH, Colin Brown, Super Group and Aarti Takoordeen, JSE and also featured interview with Nedbank's CEO Mike Brown. Covered topics: - Who are South Africa's leading CFOs? - How do successful CFOs move into Africa? - Why should you transform your finance function and how can you do it? - How do you attract and retain talent? - Who are the preferred advisors to South African CFOs? - How do you make the shift towards the digital world? You should not miss out. Put your company in the spot light, get your message across. Advertise or get interviewed for CFO Magazine. Interested? Contact Jurrien Morsch at [email protected] Upcoming CFO South Africa Events Join the CFO Events with inspiring hosts and experts who will share their insights and experiences with you. Register now for these events and boost your company, network, career and knowledge. CFO South Africa Events in 2014 Nov 13 Cape Town | Risk, Compliance & Control CFO South Africa Events in 2015 Feb 19 Cape Town | Moving into Africa Mar 19 Sandton | Get Smart in 2015 Apr 16 Sandton | Capital & Finance May 14 Sandton | CFO Awards 2015 Register now for one of the upcoming CFO South Africa Events. Please note that all our CFO South Africa events are for senior financial executives working in companies with revenues exceeding 100 million rand. CFO South Africa offers Platinum memberships to CFOs and finance directors. For more information please have a look here and contact Jurrien Morsch at [email protected] Stay connected with CFO South Africa Follow CFO South Africa on Twitter and LinkedIn Stay up to date on what is happening in the world of finance by following us on Twitter @CFOSouthAfrica and LinkedIn. Next to that you can keep track of newly published interviews with CFOs and CEOs. Feel free to contact us Any suggestions or comments are welcome. Kind Regards, Melle Eijckelhoff Director CFO South Africa | [email protected] To control which emails you receive from CFO South Africa, please change your email preferences at cfo.co.za by selecting under settings "I do not want to receive emails from CFO South Africa | Finance Professionals South Africa"

29 October 2014

Editorial: Listen to the rating agencies (for a change?)

Most CFOs have a healthy antipathy towards rating agencies, but sometimes we have to acknowledge they play an important role. I recently spoke to Eskom CFO Tsholofelo Molefe, who indicated that it is not necessarily a bad thing that the agencies scrutinize the power utility, as it keeps the management focused on establishing “a long term price-path for sustainability of the electricity industry”. You can read the insightful interview with Molefe here.

23 October 2014

Newsletter | Saying NO to the CEO! | Partnering the CEO makes the job fun | Hear leading experts: Finance Minister and CFO SARS

CFO South Africa Newsletter | Thursday October 23 Dear CFO South Africa Member, Read Exclusive CFO South Africa Articles CFO of the Week: Tudor Hungwe, SAMSA: Partnering the CEO makes the ... When Tudor Hungwe joined the South African Maritime Safety Authority (SAMSA) more than five years ago, it was a matter of “getting the accounting right and putting controls in place”. With time though, his role has shifted. “The priorities in my day-to-day job have changed. I find myself working more and more as a partner to the executive team. It is challenging, but it makes the creative juices flow and it is much more fun.” Expert Insight: Saying NO to the CEO! An Expert Insight by Jonathan Yudelowitz, Joint Managing Director of YSA (Pty) Limited, Author of Smart Leadership and a well-known Leadership Expert and Executive Coach. “It takes more than intelligence for an intelligent person to behave intelligently,” Dostoevsky astutely observed. What this means for a Chief Financial Officer (CFO) or Financial Director (FD) is that to be effective, he or she must develop self-awareness and become fully comfortable with the non-rational in himself or herself, others and the world. Anna Puzone, Zetta Solutions: keep information management simple “Our biggest message to CFOs is to strive for simplicity,” says Anna Puzone, head of enterprise performance management at information management company Zetta Business Solutions. The two year old firm is part of IS Partners (established in 2001), which implements Microsoft-centered solutions. “Zetta was born out of the need for a client centric approach to technology solutions. Our approach is advisory in nature, as we seek to offer solutions in a simple, cost effective and impactful manner” Read more exclusive articles on cfo.co.za - Keynote Speaker CFO Event Risk, Compliance & Control: Bob Head, Acting CFO at SARS: improving schools by influencing with... Hear from leading experts: Minister of Finance and CFO of SARS November 13 at the amazing Cape Town Club CFO South Africa invites you to join the last CFO Event of 2014 on Risk, Compliance & Control together with 75 other CFOs. How do you take the lead in letting your company achieve its goals in a way that is open, honest, ethical and principled. How can you contribute to build and implement systems designed to detect and prevent compliance breaches and how do you lead the development of a strong compliance culture. CFOs should consider embedding a thoughtful awareness of risk and compliance in their organization. Listen to best practices to help the company stay in control of the risks it chooses to take. Join this event free of charge with a Master Class, exclusive Round Tables and a list of very interesting speakers and attendees: 16.45 Keynote by Ivan Meyer, Minister of Finance, Western Cape 17.15: - Round Table Public Finance - Round Table Economic Development South Africa - Master Class Risk, Compliance & Control 18.45 Start of CFO Café 19.15 Keynote by Bob Head, Acting Chief Financial Officer, SARS Don’t miss out on this last CFO Event of 2014 from 4pm - 8pm and register now. Discuss with your peers issues on Risk, Compliance & Control. Partners CFO Event Risk, Compliance & Control: Continuous Professional Development Points Did you know all events of CFO South Africa are eligible for SAICA CPD points? By attending CFO South Africa's events and training courses you will stay compliant. Join the ultimate peer to peer advisory network Various CFOs and finance directors from Eskom, Nedbank, Transnet, SAB, Nike, Standard Charered Bank, Hollard, Absa, Business Connexion and Super Group are members of CFO South Africa. Your peers understand best the issues you face and the challenges that impact your business. Together you will share your experiences at CFO South Africa’s events and help you advance in your career, company and knowledge. Get introduced to experienced colleagues that are happy to share their knowledge with you. Peer-to-peer consulting is by far the best and most cost effective way to help you solve problems. Are you interested? Please see our membership page for more information here. Reach 5000 CFOs in the first CFO Magazine South Africa CFOs want to know your story Showcase your work and that of your company via CFO Magazine and demonstrate your added value to 15.000 CFOs, finance leaders and their direct reports as well as hundreds of international investors looking in how to move in to Africa. Get the undivided attention of the top financial decision makers and deliver the latest insights on improving the finance function. CFO Magazine: Knowledge and know-how for CFOs Read the latest insights from award winning CFOs: Simon Ridley, Standard Bank, Anoj Singh, Transnet, John King, EOH, Colin Brown, Super Group and Aarti Takoordeen, JSE and also featured interview with Nedbank's CEO Mike Brown. Covered topics: - Who are South Africa's leading CFOs? - How do successful CFOs move into Africa? - Why should you transform your finance function and how can you do it? - How do you attract and retain talent? - Who are the preferred advisors to South African CFOs? - How do you make the shift towards the digital world? You should not miss out. Put your company in the spot light, get your message across. Advertise or get interviewed for CFO Magazine. Interested? Contact Jurrien Morsch at [email protected] Upcoming CFO South Africa Events Join the CFO Events with inspiring hosts and experts who will share their insights and experiences with you. Register now for these events and boost your company, network, career and knowledge. CFO South Africa Events in 2014 Nov 13 Cape Town | Risk, Compliance & Control CFO South Africa Events in 2015 Feb 19 Cape Town | Moving into Africa Mar 19 Sandton | Get Smart in 2015 Apr 16 Sandton | Capital & Finance May 14 Sandton | CFO Awards 2015 Register now for one of the upcoming CFO South Africa Events. Please note that all our CFO South Africa events are for senior financial executives working in companies with revenues exceeding 100 million rand. CFO South Africa offers Platinum memberships to CFOs and finance directors. For more information please have a look here and contact Jurrien Morsch at [email protected] Stay connected with CFO South Africa Follow CFO South Africa on Twitter and LinkedIn Stay up to date on what is happening in the world of finance by following us on Twitter @CFOSouthAfrica and LinkedIn. Next to that you can keep track of newly published interviews with CFOs and CEOs. Feel free to contact us Any suggestions or comments are welcome. Kind Regards, Melle Eijckelhoff Director CFO South Africa | [email protected]

21 October 2014

CFO of the Week: Tudor Hungwe, SAMSA: Partnering the CEO makes the job fun

When Tudor Hungwe joined the South African Maritime Safety Authority (SAMSA) more than five years ago, it was a matter of “getting the accounting right and putting controls in place”. With time though, his role has shifted. “The priorities in my day-to-day job have changed. I find myself working more and more as a partner to the executive team. It is challenging, but it makes the creative juices flow and it is much more fun.”

17 October 2014

Anna Puzone, Zetta Solutions: keep information management simple

“Our biggest message to CFOs is to strive for simplicity,” says Anna Puzone, head of enterprise performance management at information management company Zetta Business Solutions. The two year old firm is part of IS Partners (established in 2001), which implements Microsoft-centered solutions. “Zetta was born out of the need for a client centric approach to technology solutions. Our approach is advisory in nature, as we seek to offer solutions in a simple, cost effective and impactful manner”

16 October 2014

Newsletter | Hear leading experts: Finance Minister and CFO SARS | Growth opportunities in sluggish market | Reach 5000 CFOs in CFO Magazine

CFO South Africa Newsletter | Thursday October 16 Dear CFO South Africa Member, Read Exclusive CFO South Africa Articles Bob Head, Acting CFO at SARS: improving schools by influencing with... Not being one to mince his words, Bob Head says his strength lies in “startups, turnarounds and sorting out unpleasant heaps”. The current Acting CFO of the South African Revenue Services (SARS) has an impressive CV. In this exclusive interview with CFO South Africa the fast-speaking Brit explains how business leaders can make a difference in South Africa’s “beleaguered” schools. “You learn to use influence without having power and you develop your listening skills.” And when pressed on the matter he says: “Yes, even I learnt to listen better. And any businessman is going to be more successful using influence rather than command and control – you get buy in.” In the News: Travel and IT innovation for Spur’s longtime CFO Ronel van Dijk Last month Spur Group announced that sales across its restaurants have increased by 13.5 percent and that restaurant turnover per annum now exceeds R5.5 billion. In the next year the group wants to open 10 new Spur outlets, 10 Panarottis‚ 7 John Dory’s‚ 8 Captain DoRegos and 6 outlets for The Hussar Grill. We thought that was reason enough to phone longtime CFO Ronel van Dijk and ask her about how her finance team has contributed to this success and the group’s exciting international prospects. Editorial: growth opportunities in a sluggish market The JSE is down, the rand is down and next week Finance Minister Nhlanhla Nene will probably tell us that South Africa’s GDP growth forecast is also down. These are worrisome trends, but they don’t come as a surprise for CFOs, who have seen the writing on the wall for some time now. At the same time, CFOs know it is not impossible to grow a business faster than the economy. Read more exclusive articles on cfo.co.za - Careers: Sasol appoints Nqwababa, Atkinson new CFO Esor Hear from leading experts: Minister of Finance and CFO of SARS November 13 at the amazing Cape Town Club CFO South Africa invites you to join the last CFO Event of 2014 on Risk, Compliance & Control together with 75 other CFOs. How do you take the lead in letting your company achieve its goals in a way that is open, honest, ethical and principled. How can you contribute to build and implement systems designed to detect and prevent compliance breaches and how do you lead the development of a strong compliance culture. CFOs should consider embedding a thoughtful awareness of risk and compliance in their organization. Listen to best practices to help the company stay in control of the risks it chooses to take. Join this event free of charge with a Master Class, exclusive Round Tables and a list of very interesting speakers and attendees: - 16.45 Keynote by Ivan Meyer, Minister of Finance, Western Cape - 17.15: - Round Table Public Finance - Round Table Economic Development South Africa - Master Class Risk, Compliance & Control 18.45 Start of CFO Café 19.15 Keynote by Bob Head, Acting Chief Financial Officer, SARS Don’t miss out on this last CFO Event of 2014 from 4pm - 8pm and register now. Discuss with your peers issues on Risk, Compliance & Control. Partners CFO Event Risk, Compliance & Control: Continuous Professional Development Points Did you know all events of CFO South Africa are eligible for SAICA CPD points? By attending CFO South Africa's events and training courses you will stay compliant. Join the ultimate peer to peer advisory network Various CFOs and finance directors from Eskom, Nedbank, Transnet, SAB, Nike, Standard Charered Bank, Hollard, Absa, Business Connexion and Super Group are members of CFO South Africa. Your peers understand best the issues you face and the challenges that impact your business. Together you will share your experiences at CFO South Africa’s events and help you advance in your career, company and knowledge. Get introduced to experienced colleagues that are happy to share their knowledge with you. Peer-to-peer consulting is by far the best and most cost effective way to help you solve problems. Are you interested? Please see our membership page for more information here. Reach 5000 CFOs in the first CFO Magazine South Africa CFOs want to know your story Showcase your work and that of your company via CFO Magazine and demonstrate your added value to 15.000 CFOs, finance leaders and their direct reports as well as hundreds of international investors looking in how to move in to Africa. Get the undivided attention of the top financial decision makers and deliver the latest insights on improving the finance function. CFO Magazine: Knowledge and know-how for CFOs Read the latest insights from award winning CFOs: Simon Ridley, Standard Bank, Anoj Singh, Transnet, John King, EOH, Colin Brown, Super Group and Aarti Takoordeen, JSE and also featured interview with Nedbank's CEO Mike Brown. Covered topics: - Who are South Africa's leading CFOs? - How do successful CFOs move into Africa? - Why should you transform your finance function and how can you do it? - How do you attract and retain talent? - Who are the preferred advisors to South African CFOs? - How do you make the shift towards the digital world? You should not miss out. Put your company in the spot light, get your message across. Advertise or get interviewed for CFO Magazine. Interested? Contact Jurrien Morsch at [email protected] Upcoming CFO South Africa Events Join the CFO Events with inspiring hosts and experts who will share their insights and experiences with you. Register now for these events and boost your company, network, career and knowledge. CFO South Africa Events in 2014 Nov 13 Cape Town | Risk, Compliance & Control CFO South Africa Events in 2015 Feb 19 Cape Town | Moving into Africa Mar 19 Sandton | Get Smart in 2015 Apr 16 Sandton | Capital & Finance May 14 Sandton | CFO Awards 2015 Register now for one of the upcoming CFO South Africa Events. Please note that all our CFO South Africa events are for senior financial executives working in companies with revenues exceeding 100 million rand. CFO South Africa offers Platinum memberships to CFOs and finance directors. For more information please have a look here and contact Jurrien Morsch at [email protected] Stay connected with CFO South Africa Follow CFO South Africa on Twitter and LinkedIn Stay up to date on what is happening in the world of finance by following us on Twitter @CFOSouthAfrica and LinkedIn. Next to that you can keep track of newly published interviews with CFOs and CEOs. Feel free to contact us Any suggestions or comments are welcome. Kind Regards, Melle Eijckelhoff Director CFO South Africa | [email protected] To control which emails you receive from CFO South Africa, please change your email preferences at cfo.co.za by selecting under settings "I do not want to receive emails from CFO South Africa | Finance Professionals South Africa"

13 October 2014

In the News: Travel and IT innovation for Spur's longtime CFO Ronel van Dijk

Last month Spur Group announced that sales across its restaurants have increased by 13.5 percent and that restaurant turnover per annum now exceeds R5.5 billion. In the next year the group wants to open 10 new Spur outlets, 10 Panarottis‚ 7 John Dory’s‚ 8 Captain DoRegos and 6 outlets for The Hussar Grill. We thought that was reason enough to phone longtime CFO Ronel van Dijk and ask her about how her finance team has contributed to this success and the group’s exciting international prospects.

10 October 2014

Careers: Sasol appoints Nqwababa, Atkinson new CFO Esor

Sasol has appointed Bongani Nqwababa as its new Chief Financial Officer. In an exclusive interview with CFO South Africa (click to read!), Eskom Finance Director Thsolofelo Molefe recently mentioned Nqwababa – one of her predecessors – as one of the people she turns to for support and advice. Nqwababa has also previously served as CFO of Shell Southern Africa and he has previously been chairman of the audit committee of the South African Revenue Service (SARS).

09 October 2014

Newsletter | CFO Eskom: Success comes through focus | 12 networking tips for CFOs | Keynotes from Minister Ivan Meyer and CFO SARS

CFO South Africa Newsletter | Thursday October 9 Dear CFO South Africa Member, Read Exclusive CFO South Africa Articles CFO of the Week: Tsholofelo Molefe, CFO at Eskom: success comes thr... Her proudest professional moment was the presentation of Eskom’s Annual Results announcement and the financial sustainability plan to key stakeholders, says Tsholefelo Molefe, Chief Financial Officer (CFO) at the public electricity utility. “Eskom is always in the spotlight and as it took a while to fill in the Finance Director permanently after my predecessor Paul O’Flaherty left, my very first challenge was to make sure that I pull the Finance team together to remain focused so that we could deliver a successful annual report, which continues to receive a string of awards on Excellence in integrated reporting. I am proud that our integrated report tells our story in a way that helps people understand what the company is about.” Andrew Hannington, CEO Grant Thornton: Making a mark after the merger “As an auditor you have the opportunity to get exposure to numerous companies and industries,” says Miles Fisher, partner at audit and advisory firm Mazars. Fisher is a Chartered Accountant (SA) with a real passion for auditing and says he is always ‘lecturing’ young talent not to leapfrog into the business environment too soon. “People often don’t realise the massive learning opportunities the position of auditor offers. Mazars and Berenschot launch consultancy JV African management consultancies beware: a formidable competitor has just launched. Last week saw the official kickoff of Mazars Berenschot South Africa, a Joint Venture between the well-respected audit and accountancy company Mazars and Dutch advisory firm Berenschot, often dubbed the Dutch answer to McKinsey. CFO South Africa visited the launch in the Houghton Golf Club in Johannesburg. Read more exclusive articles on cfo.co.za - Editorial: 12 networking tips for CFOs Interesting Keynotes at CFO Event Risk, Compliance & Control November 13 at the amazing Cape Town Club CFO South Africa invites you to join the last CFO Event of 2014 on Risk, Compliance & Control together with 100 other CFOs. How do you take the lead in letting your company achieve its goals in a way that is open, honest, ethical and principled. How can you contribute to build and implement systems designed to detect and prevent compliance breaches and how do you lead the development of a strong compliance culture. CFOs should consider embedding a thoughtful awareness of risk and compliance in their organization. Listen to best practices to help the company stay in control of the risks it chooses to take. Join this event free of charge with a Master Class, exclusive Round Tables and a list of very interesting speakers and attendees: - 16.45 Keynote by Ivan Meyer, Minister of Finance, Western Cape - 17.15: - Round Table Public Finance - Round Table Economic Development South Africa - Master Class Risk, Compliance & Control 18.45 Start of CFO Café 19.15 Keynote by Bob Head, Acting Chief Financial Officer, SARS Don’t miss out on this last CFO Event of 2014 from 4pm - 8pm and register now. Discuss with your peers issues on Risk, Compliance & Control. Partners CFO Event Risk, Compliance & Control: Continuous Professional Development Points Did you know all events of CFO South Africa are eligible for SAICA CPD points? By attending CFO South Africa's events and training courses you will stay compliant. Join the ultimate peer to peer advisory network Various CFOs and finance directors from Eskom, Nedbank, Transnet, SAB, Nike, Standard Charered Bank, Hollard, Absa, Business Connexion and Super Group are members of CFO South Africa. Your peers understand best the issues you face and the challenges that impact your business. Together you will share your experiences at CFO South Africa’s events and help you advance in your career, company and knowledge. Get introduced to experienced colleagues that are happy to share their knowledge with you. Peer-to-peer consulting is by far the best and most cost effective way to help you solve problems. Are you interested? Please see our membership page for more information here. Reach 5000 CFOs in the first CFO Magazine South Africa CFOs want to know your story Showcase your work and that of your company via CFO Magazine and demonstrate your added value to 15.000 CFOs, finance leaders and their direct reports as well as hundreds of international investors looking in how to move in to Africa. Get the undivided attention of the top financial decision makers and deliver the latest insights on improving the finance function. CFO Magazine: Knowledge and know-how for CFOs Read the latest insights from award winning CFOs: Simon Ridley, Standard Bank, Anoj Singh, Transnet, John King, EOH, Colin Brown, Super Group and Aarti Takoordeen, JSE and also featured interview with Nedbank's CEO Mike Brown. Covered topics: - Who are South Africa's leading CFOs? - How do successful CFOs move into Africa? - Why should you transform your finance function and how can you do it? - How do you attract and retain talent? - Who are the preferred advisors to South African CFOs? - How do you make the shift towards the digital world? You should not miss out. Put your company in the spot light, get your message across. Advertise or get interviewed for CFO Magazine. Interested? Contact Jurrien Morsch at [email protected] Upcoming CFO South Africa Events Join the CFO Events with inspiring hosts and experts who will share their insights and experiences with you. Register now for these events and boost your company, network, career and knowledge. CFO South Africa Events in 2014 Nov 13 Cape Town | Risk, Compliance & Control CFO South Africa Events in 2015 Feb 19 Cape Town | Moving into Africa Mar 19 Sandton | Get Smart in 2015 Apr 16 Sandton | Capital & Finance May 14 Sandton | CFO Awards 2015 Register now for one of the upcoming CFO South Africa Events. Please note that all our CFO South Africa events are for senior financial executives working in companies with revenues exceeding 100 million rand. CFO South Africa offers Platinum memberships to CFOs and finance directors. For more information please have a look here and contact Jurrien Morsch at [email protected] Stay connected with CFO South Africa Follow CFO South Africa on Twitter and LinkedIn Stay up to date on what is happening in the world of finance by following us on Twitter @CFOSouthAfrica and LinkedIn. Next to that you can keep track of newly published interviews with CFOs and CEOs. Feel free to contact us Any suggestions or comments are welcome. Kind Regards, Melle Eijckelhoff Director CFO South Africa | [email protected] To control which emails you receive from CFO South Africa, please change your email preferences at cfo.co.za by selecting under settings "I do not want to receive emails from CFO South Africa | Finance Professionals South Africa"

08 October 2014

Editorial: 12 networking tips for CFOs

In theory it sounds easy: going to conferences, seminars and especially the CFO South Africa events provide finance professionals with a golden opportunity for a bit of personal benchmarking, learning from peers, creating business opportunities, angling for bigger and better jobs and covertly assessing the strategies of competitors. But for a lot of finance professionals – who haven’t necessarily chosen their profession because of their bubbly personality – networking can be scarier than IFRS, more tedious than crunching numbers and just downright hard to do.

07 October 2014

CFO of the Week: Tsholofelo Molefe, CFO at Eskom: success comes through focus

Her proudest professional moment was the presentation of Eskom’s Annual Results announcement and the financial sustainability plan to key stakeholders, says Tsholefelo Molefe, Chief Financial Officer (CFO) at the public electricity utility. “Eskom is always in the spotlight and as it took a while to fill in the Finance Director permanently after my predecessor Paul O’Flaherty left, my very first challenge was to make sure that I pull the Finance team together to remain focused so that we could deliver a successful annual report, which continues to receive a string of awards on Excellence in integrated reporting. I am proud that our integrated report tells our story in a way that helps people understand what the company is about.”

03 October 2014

Andrew Hannington, CEO Grant Thornton: Making a mark after the merger

The merger of two proud audit and advisory firms is not an easy process, but Grant Thornton Johannesburg CEO Andrew Hannington feels his company is in a strong position to face the competition. “We still have two buildings but we have moved half of our people across to promote integration. We are looking at new premises so we can all be under one roof. It hasn't been easy, but tax and audit departments are already working very well together.”

02 October 2014

Newsletter | CFO MTN: Successfully playing devil's advocate | Fredericks CFO Telkom, Stewart moves to Tesco | CFO Event Risk, Compliance & Control

CFO South Africa Newsletter | Thursday October 2 Dear CFO South Africa Member, Read Exclusive CFO South Africa Articles CFO of the Week: MTN’s Brett Goschen, part 1: successfully playing ... After conquering Nigeria and Ghana for MTN in various CFO and CEO roles, Brett Goschen was ‘redeployed’ last year as Group CFO. Today we publish PART 1 of an exclusive interview with Goschen, in which he talks about the business support role of a CFO and the challenges a mobile telecommunications multinational faces. Also read Part 2 of his interview: Stick to ethical business in Africa. Miles Fisher, partner at Mazars: passion for audit “As an auditor you have the opportunity to get exposure to numerous companies and industries,” says Miles Fisher, partner at audit and advisory firm Mazars. Fisher is a Chartered Accountant (SA) with a real passion for auditing and says he is always ‘lecturing’ young talent not to leapfrog into the business environment too soon. “People often don’t realise the massive learning opportunities the position of auditor offers. Careers: Fredericks CFO Telkom, Stewart moves to Tesco Deon Fredericks was appointed as Chief Financial Officer of Telkom, the country's biggest fixed-line telephone group that is in the process of reinventing itself. Fredericks is not entirely new to the job. As Deputy CFO he had been acting in the position since October last year, when CFO Jacques Schindehütte was suspended. Fredericks is a big fan of CFO South Africa, as evidenced by his raving testimonial on our website. Read more exclusive articles on cfo.co.za - Microsoft seeks conversation with CFOs to “see magic happen Join CFO Event Risk, Compliance & Control November 13 at the amazing Cape Town Club CFO South Africa invites you to join the last CFO Event of 2014 on Risk, Compliance & Control together with 100 other CFOs. How do you take the lead in letting your company achieve its goals in a way that is open, honest, ethical and principled. How can you contribute to build and implement systems designed to detect and prevent compliance breaches and how do you lead the development of a strong compliance culture. CFOs should consider embedding a thoughtful awareness of risk and compliance in their organization. Listen to best practices to help the company stay in control of the risks it chooses to take. Join this event free of charge with several Master Classes, exclusive Round Tables and a list of very interesting speakers and attendees: - Bob Head, CFO of SARS - Ivan Meyer, Minister of Finance of the Western Cape - Alan Winde, Minister of Economic Opportunities of the Western Cape Don’t miss out on this last CFO Event of 2014 from 4pm - 8pm and register now. Discuss with your peers issues on Risk, Compliance & Control. Partners CFO Event Risk, Compliance & Control: Continuous Professional Development Points Did you know all events of CFO South Africa are eligible for SAICA CPD points? By attending CFO South Africa's events and training courses you will stay compliant. Join the ultimate peer to peer advisory network Various CFOs and finance directors from Eskom, Nedbank, Transnet, SAB, Nike, Standard Charered Bank, Hollard, Absa, Business Connexion and Super Group are members of CFO South Africa. Your peers understand best the issues you face and the challenges that impact your business. Together you will share your experiences at CFO South Africa’s events and help you advance in your career, company and knowledge. Get introduced to experienced colleagues that are happy to share their knowledge with you. Peer-to-peer consulting is by far the best and most cost effective way to help you solve problems. Are you interested? Please see our membership page for more information here. Reach 15.000 CFOs in the first CFO Magazine South Africa CFOs want to know your story Showcase your work and that of your company via CFO Magazine and demonstrate your added value to 15.000 CFOs, finance leaders and their direct reports as well as hundreds of international investors looking in how to move in to Africa. Get the undivided attention of the top financial decision makers and deliver the latest insights on improving the finance function. CFO Magazine: Knowledge and know-how for CFOs Read the latest insights from award winning CFOs: Simon Ridley, Standard Bank, Anoj Singh, Transnet, John King, EOH, Colin Brown, Super Group and Aarti Takoordeen, JSE and also featured interviews with Nedbank's CEO Mike Brown. Covered topics: - Who are South Africa's leading CFOs? - How do successful CFOs move into Africa? - Why should you transform your finance function and how can you do it? - How do you attract and retain talent? - Who are the preferred advisors to South African CFOs? - How do you make the shift towards the digital world? You should not miss out. Put your company in the spot light, get your message across. Advertise or get interviewed for CFO Magazine. Interested? Contact Jurrien Morsch at [email protected] Upcoming CFO South Africa Events Join the CFO Events with inspiring hosts and experts who will share their insights and experiences with you. Register now for these events and boost your company, network, career and knowledge. CFO South Africa Events in 2014 Nov 13 Cape Town | Risk, Compliance & Control CFO South Africa Events in 2015 Feb 19 Cape Town | Moving into Africa Mar 19 Sandton | Get Smart in 2015 Apr 16 Sandton | Capital & Finance May 14 Sandton | CFO Awards 2015 Register now for one of the upcoming CFO South Africa Events. Please note that all our CFO South Africa events are for senior financial executives working in companies with revenues exceeding 100 million rand. CFO South Africa offers Platinum memberships to CFOs and finance directors. For more information please have a look here and contact Jurrien Morsch at [email protected] Stay connected with CFO South Africa Follow CFO South Africa on Twitter and LinkedIn Stay up to date on what is happening in the world of finance by following us on Twitter @CFOSouthAfrica and LinkedIn. Next to that you can keep track of newly published interviews with CFOs and CEOs. Feel free to contact us Any suggestions or comments are welcome. Kind Regards, Melle Eijckelhoff Director CFO South Africa | [email protected] To control which emails you receive from CFO South Africa, please change your email preferences at cfo.co.za by selecting under settings "I do not want to receive emails from CFO South Africa | Finance Professionals South Africa"

29 September 2014

Careers: Fredericks CFO Telkom, Stewart moves to Tesco

Deon Fredericks was appointed as Chief Financial Officer of Telkom, the country's biggest fixed-line telephone group that is in the process of reinventing itself. Fredericks is not entirely new to the job. As Deputy CFO he had been acting in the position since October last year, when CFO Jacques Schindehütte was suspended. Fredericks is a big fan of CFO South Africa, as evidenced by his raving testimonial on our website. An interview with Fredericks that we published earlier this year can be read here.

26 September 2014

Miles Fisher, partner at Mazars: passion for audit

“As an auditor you have the opportunity to get exposure to numerous companies and industries,” says Miles Fisher, partner at audit and advisory firm Mazars. Fisher is a Chartered Accountant (SA) with a real passion for auditing and says he is always ‘lecturing’ young talent not to leapfrog into the business environment too soon. “People often don’t realise the massive learning opportunities the position of auditor offers.”

25 September 2014

Newsletter | Keynote Speaker Bob Head, CFO SARS | Department of Mineral Resources: CFO Clean Audit | Cloud lightens your balance sheet

CFO South Africa Newsletter | Thursday September 25 Dear CFO South Africa Member, Read Exclusive CFO South Africa Articles CFO of the Week: Rofhiwa Irene Singo: I am known as CFO Clean Audit Popularly referred to as “CFO Clean Audit”, Rofhiwa Irene Singo leads the Finance Department at the Department of Mineral Resources, and has a remarkable story of perseverance to tell. Irene, as she prefers to be called, has been instrumental in turning around the failing financial reporting at three public institutions and prides herself in having achieved these under very difficult conditions. “I always knew that I could do it, hard and smart working paid the price. The name CFO Clean Audit resonates well with me and I like it,” she says. Lesley Plaistowe, Partner at IBM: Cloud lightens your balance sheet "You don’t want your balance sheet weighed down by assets,” Lesley Plaistowe, Partner Financial Services at Technology firm IBM told the CFOs that attended our Digital Transformation event on 11 September in Johannesburg. During an inspiring presentation – Digital Transformation and New Business Models – Plaistowe chatted to the finance leaders about the enormous possibilities that the latest technological solutions have to offer. Also join our next CFO Event on Risk, Compliance & Control November 13 in Cape Town to enjoy more Master Classes from interesting speakers. Register here. Meet Chantelle Booysen-Fourie, community manager for CFO South Africa “People prefer to do business with people they like and trust,” says Chantelle Booysen-Fourie, CFO South Africa’s highly energetic Community Manager. “This has been my experience throughout my life and my career,” she reveals, explaining how well this thinking aligns with her new challenge of connecting CFOs and further growing CFO South Africa into a trusted place for finance leaders to meet, share and learn. Read more exclusive articles on cfo.co.za - Editorial: CFO South Africa!!! Thank you..."It is a great experience sitting and sharing notes with other CFOs" Join CFO Event Risk, Compliance & Control November 13 at the amazing Cape Town Club CFO South Africa invites you to join the last CFO Event of 2014 on Risk, Compliance & Control together with 100 other CFOs. How do you take the lead in letting your company achieve its goals in a way that is open, honest, ethical and principled. How can you contribute to build and implement systems designed to detect and prevent compliance breaches and how do you lead the development of a strong compliance culture. CFOs should consider embedding a thoughtful awareness of risk and compliance in their organization. Listen to best practices to help the company stay in control of the risks it chooses to take. Join this event free of charge with several Master Classes, exclusive Round Tables and a list of very interesting speakers and attendees: - Bob Head, CFO of SARS - Ivan Meyer, Minister of Finance of the Western Cape - Alan Winde, Minister of Economic Opportunities of the Western Cape Don’t miss out on this last CFO Event of 2014 from 4pm - 8pm and register now. Discuss with your peers issues on Risk, Compliance & Control. Partners CFO Event Risk, Compliance & Control: Continuous Professional Development Points Did you know all events of CFO South Africa are eligible for SAICA CPD points? By attending CFO South Africa's events and training courses you will stay compliant. Join the ultimate peer to peer advisory network Various CFOs and finance directors from Eskom, Nedbank, Transnet, SAB, Nike, Standard Charered Bank, Hollard, Absa, Business Connexion and Super Group are members of CFO South Africa. Your peers understand best the issues you face and the challenges that impact your business. Together you will share your experiences at CFO South Africa’s events and help you advance in your career, company and knowledge. Get introduced to experienced colleagues that are happy to share their knowledge with you. Peer-to-peer consulting is by far the best and most cost effective way to help you solve problems. Are you interested? Please see our membership page for more information here. Become a Partner of CFO South Africa Meet top CFOs, claim thought leadership, create value and develop business. Accenture, Cliffe Dekker Hofmeyr, Oracle, IBM, InnoVent, ACCA, SNG, Readsoft, CQS, IQ Business and Transparent have supported CFO South Africa. Just like us, they believe we can contribute to the growth of their business and network in South Africa. As a partner of CFO South Africa you find yourself in a network in which you can contribute to sharing knowledge, seizing opportunities and growing your business. Are you interested in becoming a partner? Please contact [email protected] Partners CFO South Africa: Upcoming CFO South Africa Events Join the CFO Events with inspiring hosts and experts who will share their insights and experiences with you. Register now for these events and boost your company, network, career and knowledge. CFO South Africa Events in 2014 Nov 13 Cape Town | Risk, Compliance & Control CFO South Africa Events in 2015 Feb 19 Cape Town | Moving into Africa Mar 19 Sandton | Get Smart in 2015 Apr 16 Sandton | Capital & Finance May 14 Sandton | CFO Awards 2015 Register now for one of the upcoming CFO South Africa Events. Please note that all our CFO South Africa events are for senior financial executives working in companies with revenues exceeding 100 million rand. CFO South Africa offers Platinum memberships to CFOs and finance directors. For more information please have a look here and contact Jurrien Morsch at [email protected] Stay connected with CFO South Africa Follow CFO South Africa on Twitter and LinkedIn Stay up to date on what is happening in the world of finance by following us on Twitter @CFOSouthAfrica and LinkedIn. Next to that you can keep track of newly published interviews with CFOs and CEOs. Feel free to contact us Any suggestions or comments are welcome. Kind Regards, Melle Eijckelhoff Director CFO South Africa | [email protected] To control which emails you receive from CFO South Africa, please change your email preferences at cfo.co.za by selecting under settings "I do not want to receive emails from CFO South Africa | Finance Professionals South Africa"

23 September 2014

CFO of the Week: Rofhiwa Irene Singo: I am known as CFO Clean Audit

Popularly referred to as “CFO Clean Audit”, Rofhiwa Irene Singo leads the Finance Department at the Department of Mineral Resources, and has a remarkable story of perseverance to tell. Irene, as she prefers to be called, has been instrumental in turning around the failing financial reporting at three public institutions and prides herself in having achieved these under very difficult conditions. “I always knew that I could do it, hard and smart working paid the price. The name CFO Clean Audit resonates well with me and I like it,” she says.

19 September 2014

Lesley Plaistowe, Partner at IBM: cloud lightens your balance sheet

"You don’t want your balance sheet weighed down by assets,” Lesley Plaistowe, Partner Financial Services at Technology firm IBM told the CFOs that attended our Digital Transformation event on 11 September in Johannesburg. During an inspiring presentation – Digital Transformation and New Business Models – Plaistowe chatted to the finance leaders about the enormous possibilities that the latest technological solutions have to offer.

18 September 2014

Newsletter | Seek conversation with CFOs to see magic happen | New CFO Datatec: I strive to be multidimensional | Fascinating insights CFO Event Digital Transformation

CFO South Africa Newsletter | Thursday September 18 Dear CFO South Africa Member, Read Exclusive CFO South Africa Articles CFO of the Week: Jurgens Myburgh, new CFO at Datatec: “I strive to ... “I strive to be a multidimensional CFO,” says Jurgens Myburgh, who recently swapped an impressive career in Corporate Finance at Standard Bank for a role as CFO at information technology group Datatec. In anticipation of learning from more experienced peers, Myburgh has joined CFO South Africa as a platinum member. “It will be great to network with like-minded people, bounce ideas off experienced individuals, gather intelligence on best practice and stay up to date. You can’t afford to operate in a silo.” Jurgens is a Platinum Member of CFO South Africa, also interested in becoming a member? Check out our membership opportunities. Fascinating insights at CFO Event on Digital Transformation Digital transformation… For some CFOs and FDs the term equals headaches, internal resistance or pricey solutions. But other Chief Financial Officers have found out that the better use of modern IT solutions has equipped them to fulfil their role as true partner to the CEO. During a successful and well-attended event in the Tintswalo at Waterfall hotel in Johannesburg on Thursday 11 September, finance leaders had the opportunity to chat about the topic with peers and learn from market leaders. Also Join our next CFO Event on Risk, Compliance & Control November 13 in Cape Town Register here. Microsoft seeks conversation with CFOs to “see magic happen” "As a technology company, we don’t have enough conversations with the CFO,” confessed Rory Headon-Weeks. During CFO South Africa’s successful Digital Transformation event on Thursday 11 September, the Chief Technology Officer (CTO) of Microsoft South Africa gave the CFOs present some fascinating insights in the ways of the future. And he invited finance leaders to visit the Microsoft Technology Centre in Johannesburg and “see magic happen”. Read more exclusive articles on cfo.co.za - CFO South Africa meeting needs of private AND public CFOs: "This is the only independent platform that enables finance leaders... Join the last CFO Event of 2014 November 13 at the amazing Cape Town Club CFO South Africa invites you to join the last CFO Event of 2014 on Risk, Compliance & Control together with 100 other CFOs. How do you take the lead in letting your company achieve its goals in a way that is open, honest, ethical and principled. How can you contribute to build and implement systems designed to detect and prevent compliance breaches and how do you lead the development of a strong compliance culture. CFOs should consider embedding a thoughtful awareness of risk and compliance in their organization. Listen to best practices to help the company stay in control of the risks it chooses to take. Join this event free of charge with several Master Classes, exclusive Round Tables and a list of very interesting speakers and attendees: - Bob Head, CFO of SARS - Ivan Meyer, Minister of Finance of the Western Cape - Alan Winde, Minister of Economic Opportunities Don’t miss out on this last CFO Event of 2014 from 4pm - 8pm and register now. Discuss with your peers issues on Risk, Compliance & Control. Partners CFO Event Risk, Compliance & Control: Continuous Professional Development Points Did you know all events of CFO South Africa are eligible for SAICA CPD points? By attending CFO South Africa's events and training courses you will stay compliant. Join the ultimate peer to peer advisory network Various CFOs and finance directors from Eskom, Nedbank, Transnet, SAB, Nike, Standard Charered Bank, Hollard, Absa, Business Connexion and Super Group are members of CFO South Africa. Your peers understand best the issues you face and the challenges that impact your business. Together you will share your experiences at CFO South Africa’s events and help you advance in your career, company and knowledge. Get introduced to experienced colleagues that are happy to share their knowledge with you. Peer-to-peer consulting is by far the best and most cost effective way to help you solve problems. Are you interested? Please see our membership page for more information here. Become a Partner of CFO South Africa Meet top CFOs, claim thought leadership, create value and develop business. Accenture, Cliffe Dekker Hofmeyr, Oracle, IBM, InnoVent, ACCA, SNG, Readsoft, CQS, IQ Business and Transparent have supported CFO South Africa. Just like us, they believe we can contribute to the growth of their business and network in South Africa. As a partner of CFO South Africa you find yourself in a network in which you can contribute to sharing knowledge, seizing opportunities and growing your business. Are you interested in becoming a partner? Please contact [email protected] Partners CFO South Africa: Upcoming CFO South Africa Events Join the CFO Events with inspiring hosts and experts who will share their insights and experiences with you. Register now for these events and improve your company, network, career and knowledge. CFO South Africa Events in 2014 Nov 13 Cape Town | Risk, Compliance & Control CFO South Africa Events in 2015 Feb 19 Cape Town | Moving into Africa Mar 19 Sandton | Get Smart in 2015 Apr 16 Sandton | Capital & Finance May 14 Sandton | CFO Awards 2015 Register now for one of the upcoming CFO South Africa Events. Please note that all our CFO South Africa events are for senior financial executives working in companies with revenues exceeding 100 million rand. CFO South Africa offers Platinum memberships to CFOs and finance directors. For more information please have a look here and contact Jurrien Morsch at [email protected] Stay connected with CFO South Africa Follow CFO South Africa on Twitter and LinkedIn Stay up to date on what is happening in the world of finance by following us on Twitter @CFOSouthAfrica and LinkedIn. Next to that you can keep track of newly published interviews with CFOs and CEOs. Feel free to contact us Any suggestions or comments are welcome. Kind Regards, Melle Eijckelhoff Director CFO South Africa | [email protected] To control which emails you receive from CFO South Africa, please change your email preferences at cfo.co.za by selecting under settings "I do not want to receive emails from CFO South Africa | Finance Professionals South Africa"

17 September 2014

Microsoft seeks conversation with CFOs to "see magic happen"

"As a technology company, we don’t have enough conversations with the CFO,” confessed Rory Headon-Weeks. During CFO South Africa’s successful Digital Transformation event on Thursday 11 September, the Chief Technology Officer (CTO) of Microsoft South Africa gave the CFOs present some fascinating insights in the ways of the future. And he invited finance leaders to visit the Microsoft Technology Centre in Johannesburg and “see magic happen”.

16 September 2014

CFO of the Week: Jurgens Myburgh, new CFO at Datatec: "I strive to be multidimensional"

“I strive to be a multidimensional CFO,” says Jurgens Myburgh, who recently swapped an impressive career in Corporate Finance at Standard Bank for a role as CFO at information technology group Datatec. In anticipation of learning from more experienced peers, Myburgh has joined CFO South Africa as a platinum member. “It will be great to network with like-minded people, bounce ideas off experienced individuals, gather intelligence on best practice and stay up to date. You can’t afford to operate in a silo.”

15 September 2014

CFO SA meeting needs of private AND public CFOs

Last Thursday and Friday were such busy days for the directors and editor of CFO South Africa, that we didn't really have time to reflect yet – but what days they were! First of all there was the Digital Transformation event in the Tintswalo at Waterfall hotel, which probably was our BEST attended function so far. “After two years of building a network, our initiative proves to be exactly what Chief Financial Officers and Finance Directors in South Africa are yearning for,” say founders Alex van Groningen en Melle Eijckelhoff. “This is the only independent platform that enables finance leaders to engage in in-depth peer to peer discussions, learn about the latest trends and participate in high level networking.”

11 September 2014

Fascinating insights at Digital Transformation event

Digital transformation… For some CFOs and FDs the term equals headaches, internal resistance or pricey solutions. But other Chief Financial Officers have found out that the better use of modern IT solutions has equipped them to fulfil their role as true partner to the CEO. During a successful and well-attended event in the Tintswalo at Waterfall hotel in Johannesburg on Thursday 11 September, finance leaders had the opportunity to chat about the topic with peers and learn from market leaders.

10 September 2014

CFO South Africa Newsletter | Mobility crucial for career development in finance | CFO South Africa is a crucial initiative | Last call for CFO Event Digital Transformation

CFO South Africa Newsletter | Wednesday September 10 Dear CFO South Africa Member, Last call for the CFO Event on Digital Transformation Tomorrow September 11 at the Tintswalo at Waterfall Can I also welcome you during this CFO Event together with 100 other CFOs? Discover succesfull IT strategies how to accelerate your ROI with BI, boost revenues and reduce costs and drive business agility. This exclusive get-together will offer you the unique opportunity to learn from new visions and ideas. Join this event free of charge with a Master Class with CFO Panel, Round Table and a list of very interesting speakers: - CFO of the Year winner Simon Ridley, CFO at Standard Bank - Young Talent Award winner Aarti Takoordeen, CFO at JSE - August van Heerden, CFO Retail & Business Banking at Barclays - Cedric Miller, CFO Personal & Business Banking at Standard Bank - Mthoko Mncwabe, CIO at Postbank - Magnus Taljaard, Head of Mobile banking at Standard Bank - William Yates, General Manager at IBM Global Financing MEA - Lesley Plaistowe, Partner Financial Services at IBM - Rory Headon-Weeks, Chief Technology Officer at Microsoft - Brett StClair, Country Manager at Google Enterprise Don’t miss out on this last CFO Event in Johannesburg in 2014 from 4pm - 8pm and register now. Discuss with your peers issues on Digital Transformation and how it can help your company! Partners CFO Event Digital Transformation: Continuous Professional Development Points Did you know all events of CFO South Africa are eligible for SAICA CPD points? By attending CFO South Africa's events and training courses you will stay compliant. Read Exclusive CFO South Africa Articles CFO of the Week: Siboniso Mdluli, CFO FNB Swaziland: Mobility cruci... “Professional mobility is the best thing for anyone who wants to grow and develop his career both from a professional and technical perspective. It is best way to broaden your global business knowledge and accelerate career advancement,” says Siboniso Mdluli, who joined FNB Swaziland as Chief Financial Officer after 10 years of professional accounting and finance experience at PwC. Mdluli recently joined CFO South Africa as a platinum member and is keen to learn and share experiences with peers from other companies. Siboniso is a Platinum Member of CFO South Africa, also interested in becoming a member? Check out our membership opportunities. Inspiring meetings with CFOs of Eskom and Minerals department It is widely agreed upon that what South Africa needs is inspiring leaders, most of all in the public sector and at parastatals. That this country is not short of the individuals who have been cut from the right cloth, became once again apparent during our recent meetings with Rofhiwa Irene Singo and Tsholofelo Molefe. These two impressive ladies have made the Chief Financial Officer role their own at the Department of Mineral Resources and at public electricity utility Eskom and both contribute to a better South Africa to the best of their capabilities. Read more exclusive articles on cfo.co.za - Nazreen Pandor, Business Development Manager Mazars: CFO South Afri... Join the ultimate peer to peer advisory network Various CFOs and finance directors from Eskom, Nedbank, Transnet, SAB, Nike, Standard Charered Bank, Hollard, Absa, Business Connexion and Super Group are members of CFO South Africa. Your peers understand best the issues you face and the challenges that impact your business. Together you will share your experiences at CFO South Africa’s events and help you advance in your career, company and knowledge. Get introduced to experienced colleagues that are happy to share their knowledge with you. Peer-to-peer consulting is by far the best and most cost effective way to help you solve problems. Are you interested? Please see our membership page for more information here. Become a Partner of CFO South Africa Meet top CFOs, claim thought leadership, create value and develop business. Accenture, Cliffe Dekker Hofmeyr, Oracle, IBM, InnoVent, ACCA, SNG, Readsoft, CQS, IQ Business and Transparent have supported CFO South Africa. Just like us, they believe we can contribute to the growth of their business and network in South Africa. As a partner of CFO South Africa you find yourself in a network in which you can contribute to sharing knowledge, seizing opportunities and growing your business. Are you interested in becoming a partner? Please contact [email protected] Partners CFO South Africa: Upcoming CFO South Africa Events Join the CFO Events with inspiring hosts and experts who will share their insights and experiences with you. Register now for these events and improve your company, network, career and knowledge. CFO South Africa Events in 2014 Sept 11 Sandton | Digital Transformation Nov 13 Cape Town | Risk, Compliance & Control CFO South Africa Events in 2015 Feb 19 Cape Town | Moving into Africa Mar 19 Sandton | Get Smart in 2015 Apr 16 Sandton | Capital & Finance May 14 Sandton | CFO Awards 2015 Register now for one of the upcoming CFO South Africa Events. Please note that all our CFO South Africa events are for senior financial executives working in companies with revenues exceeding 100 million rand. CFO South Africa offers Platinum memberships to CFOs and finance directors. For more information please have a look here and contact Jurrien Morsch at [email protected] Stay connected with CFO South Africa Follow CFO South Africa on Twitter and LinkedIn Stay up to date on what is happening in the world of finance by following us on Twitter @CFOSouthAfrica and LinkedIn. Next to that you can keep track of newly published interviews with CFOs and CEOs. Feel free to contact us Any suggestions or comments are welcome. Kind Regards, Melle Eijckelhoff Director CFO South Africa | [email protected] To control which emails you receive from CFO South Africa, please change your email preferences at cfo.co.za by selecting under settings "I do not want to receive emails from CFO South Africa | Finance Professionals South Africa"

10 September 2014

Inspiring meetings with CFOs of Eskom and Minerals department

It is widely agreed upon that what South Africa needs is inspiring leaders, most of all in the public sector and at parastatals. That this country is not short of the individuals who have been cut from the right cloth, became once again apparent during our recent meetings with Rofhiwa Irene Singo and Tsholofelo Molefe. These two impressive ladies have made the Chief Financial Officer role their own at the Department of Mineral Resources and at public electricity utility Eskom and both contribute to a better South Africa to the best of their capabilities.

27 August 2014

CFO South Africa Newsletter | Identify key priorities and challenges for today's CFO | Register now for last CFO Events of 2014

CFO South Africa Newsletter | Wednesday August 27 Dear CFO South Africa Member, Register now for the last CFO Event in Johannesburg for 2014 Thursday September 11 at the Tintswalo at Waterfall In the new digital reality, people have the opportunity to freely share their opinions, experiences, ideas, emotions and complaints en masse and anonymously. Markets have never been so transparent, putting the customer back in charge. How can we understand this digital transformation, and see the financial opportunities and consequences for the business? Join this event free of charge with a Master Class with CFO Panel, Round Table and a list of very interesting speakers: - CFO of the Year winner Simon Ridley, CFO at Standard Bank - Young Talent Award winner Aarti Takoordeen, CFO at JSE - August van Heerden, CFO Retail & Business Banking at Barclays - Cedric Miller, CFO Personal & Business Banking at Standard Bank - Mthoko Mncwabe, CIO at Postbank - Magnus Taljaard, Head of Mobile banking at Standard Bank - William Yates, General Manager at IBM Global Financing MEA - Brett StClair, Country Manager at Google Enterprises SA Don’t miss out on this last CFO Event in Johannesburg in 2014 from 4pm - 8pm and register now. Discuss with your peers issues on Digital Transformation and how it can help your company! Continuous Professional Development Points Did you know all events of CFO South Africa are eligible for SAICA CPD points? By attending CFO South Africa's events and training courses you will stay compliant. Read Exclusive CFO South Africa Articles Identify key priorities and challenges for today’s finance manageme... The finance organization is continuously evolving. Faced with meeting the needs of executive management, shareholders and regulators while ensuring the effectiveness and efficiency of their function, finance leaders and professionals must address a wide range of issues within a dynamic environment with seemingly endless changes in regulations and reporting requirements. We invite you to participate in the 2015 Finance Priorities Survey. Futuresense-directors Steven Hyslop & Simon Jackson: CFOs needs... I think the role of the CFO is becoming far more interesting and complex, says Steven Hyslop, founder and director of Futuresense, a high-end implementation firm for Oracle’s Hyperion solutions. “Our work always starts with a CFO wanting a solution,” adds Simon Jackson, his fellow director. Hyslop and Jackson recently spoke to CFO South Africa about the role of the Chief Financial Officer in driving digital transformation. Read more exclusive articles on cfo.co.za - The most innovative South African companies in finance - game chang... Join the ultimate peer to peer advisory network Various CFOs and finance directors from Nedbank, Transnet, SAB, Nike, Standard Charered Bank, Hollard, Absa, Business Connexion, Eskom, Super Group and Gauteng Department of Finance are members of CFO South Africa. Your peers understand best the issues you face and the challenges that impact your business. Together you will share your experiences at CFO South Africa’s events and help you advance in your career, company and knowledge. Get introduced to experienced colleagues that are happy to share their knowledge with you. Peer-to-peer consulting is by far the best and most cost effective way to help you solve problems. Are you interested? Please see our membership page for more information here. Become a Partner of CFO South Africa Meet top CFOs, claim thought leadership, create value and develop business. Accenture, Cliffe Dekker Hofmeyr, Oracle, IBM, InnoVent, ACCA, SNG, Readsoft, CQS, IQ Business and Transparent have supported CFO South Africa. Just like us, they believe we can contribute to the growth of their business and network in South Africa. As a partner of CFO South Africa you find yourself in a network in which you can contribute to sharing knowledge, seizing opportunities and growing your business. Are you interested in partnering up? Please contact [email protected] Partners CFO South Africa: Upcoming CFO South Africa Events Join the CFO Events with inspiring hosts and experts who will share their insights and experiences with you. Register now for these events and improve your company, network, career and knowledge. CFO South Africa Events in 2014 Sept 11 Sandton | Digital Transformation Nov 13 Cape Town | Risk, Compliance & Control CFO South Africa Events in 2015 Feb 19 Cape Town | Moving into Africa Mar 19 Sandton | Get Smart in 2015 Apr 16 Sandton | Capital & Finance May 14 Sandton | CFO Awards 2015 Register now for one of the upcoming CFO South Africa Events. Please note that all our CFO South Africa events are for senior financial executives working in companies with revenues exceeding 100 million rand. CFO South Africa offers Platinum memberships to CFOs and finance directors. For more information please have a look here and contact Jurrien Morsch at [email protected] Stay connected with CFO South Africa Follow CFO South Africa on Twitter and LinkedIn Stay up to date on what is happening in the world of finance by following us on Twitter @CFOSouthAfrica and LinkedIn. Next to that you can keep track of newly published interviews with CFOs and CEOs. Feel free to contact us Any suggestions or comments are welcome. Kind Regards, Melle Eijckelhoff Director CFO South Africa | [email protected] To control which emails you receive from CFO South Africa, please change your email preferences at cfo.co.za by selecting under settings "I do not want to receive emails from CFO South Africa | Finance Professionals South Africa"

26 August 2014

Futuresense-directors Steven Hyslop & Simon Jackson: CFOs needs to understand IT

“I think the role of the CFO is becoming far more interesting and complex,” says Steven Hyslop, founder and director of Futuresense, a high-end implementation firm for Oracle’s Hyperion solutions. “Our work always starts with a CFO wanting a solution,” adds Simon Jackson, his fellow director. Hyslop and Jackson recently spoke to CFO South Africa about the role of the Chief Financial Officer in driving digital transformation.

13 August 2014

CFO South Africa Newsletter | Join the CFO Event Digital Transformation, Keynote CFO of the Year Simon Ridley | Mike Brown, CEO Nedbank: Brilliant CFOs are persuasive

CFO South Africa Newsletter | Wednesday August 13 Dear CFO South Africa Member, Read Exclusive CFO South Africa Articles Mike Brown, CEO Nedbank: Brilliant CFOs are persuasive "The best CFOs are intellectually persuasive without being arrogant," says Nedbank CEO Mike Brown, a former Chief Financial Officer himself. In a candid interview with CFO South Africa Brown talks about himself, growth opportunities in the rest of Africa, the importance of small businesses to jumpstart the South African economy and the characteristics that set brilliant CFOs apart from merely solid ones. "You need to be able to read the tea leaves and persuade others about what this means for the future and what the organisation needs to do differently as a result." Lourandi Kriel, CFO Fintech: Carving out her own role “You’ve earned the position – but the trick is to turn it into a role,” says major asset rental financier, Fintech CFO, Lourandi Kriel: in conversation about how only optimal functionality and absolute efficiency gets the job done. “The responsibility to define his or her own role lies with the CFO,” says Kriel. “I really believe every Chief Financial Officer needs to tell the CEO what kind of CFO they want to be. As a CFO you have to see where you want to get involved, where you can best make a difference.” Join us for the CFO Event on Digital Transformation Thursday September 11 at the Tintswalo at Waterfall In the new digital reality, people have the opportunity to freely share their opinions, experiences, ideas, emotions and complaints en masse and anonymously. Markets have never been so transparent, putting the customer back in charge. How can we understand this digital transformation, and see the financial opportunities and consequences for the business? Join this event with a Master Class with CFO Panel members August van Heerden, CFO Retail & Business Banking at Barclays and Mthoko Mncwabe, CIO at Postbank and Keynote speaker and CFO of the Year winner Simon Ridley, CFO at Standard Bank. Don’t miss out on this CFO Event from 4pm - 8pm and register now. Discuss with your peers issues on Digital Transformation and how it can help your company! Continuous Professional Development Points Did you know all events of CFO South Africa are eligible for SAICA CPD points? By attending CFO South Africa's events and training courses you will stay compliant. Join the ultimate peer to peer advisory network Various CFOs and finance directors from Nedbank, Transnet, SAB, Nike, Standard Charered Bank, Hollard, Absa, Business Connexion, Eskom, Super Group and Gauteng Department of Finance are members of CFO South Africa. Your peers understand best the issues you face and the challenges that impact your business. Together you will share your experiences at CFO South Africa’s events and help you advance in your career, company and knowledge. Get introduced to experienced colleagues that are happy to share their knowledge with you. Peer-to-peer consulting is by far the best and most cost effective way to help you solve problems. Are you interested? Please see our membership page for more information here. Become a Partner of CFO South Africa Meet top CFOs, claim thought leadership, create value and develop business. Accenture, Cliffe Dekker Hofmeyr, Oracle, IBM, InnoVent, ACCA, SNG, Readsoft, CQS, IQ Business and Transparent have supported CFO South Africa. Just like us, they believe we can contribute to the growth of their business and network in South Africa. As a partner of CFO South Africa you find yourself in a network in which you can contribute to sharing knowledge, seizing opportunities and growing your business. Are you interested in partnering up? Please contact [email protected] Partners CFO South Africa: Upcoming CFO South Africa Events Join the CFO Events with inspiring hosts and experts who will share their insights and experiences with you. Register now for these events and improve your company, network, career and knowledge. CFO South Africa Events in 2014 Sept 11 Sandton | Digital Transformation Nov 13 Cape Town | Risk, Compliance & Control CFO South Africa Events in 2015 Feb 19 Cape Town | Moving into Africa Mar 19 Sandton | Get Smart in 2015 Apr 16 Sandton | Capital & Finance May 14 Sandton | CFO Awards 2015 Register now for one of the upcoming CFO South Africa Events. Please note that all our CFO South Africa events are for senior financial executives working in companies with revenues exceeding 100 million rand. CFO South Africa offers Platinum memberships to CFOs and finance directors. For more information please have a look here and contact Jurrien Morsch at [email protected] Stay connected with CFO South Africa Follow CFO South Africa on Twitter and LinkedIn Stay up to date on what is happening in the world of finance by following us on Twitter @CFOSouthAfrica and LinkedIn. Next to that you can keep track of newly published interviews with CFOs and CEOs. Feel free to contact us Any suggestions or comments are welcome. Kind Regards, Melle Eijckelhoff Director CFO South Africa | [email protected]

05 August 2014

Mike Brown, CEO Nedbank: Brilliant CFOs are persuasive

"The best CFOs are intellectually persuasive without being arrogant," says Nedbank CEO Mike Brown, a former Chief Financial Officer himself. In a candid interview with CFO South Africa Brown talks about himself, growth opportunities in the rest of Africa, the importance of small businesses to jumpstart the South African economy and the characteristics that set brilliant CFOs apart from merely solid ones. "You need to be able to read the tea leaves and persuade others about what this means for the future and what the organisation needs to do differently as a result."

16 July 2014

CFO South Africa Newsletter | CFO Event gives CFOs insight in fraud risk | Better (not more!) data important for CFOs | Reach 5000 CFOs in CFO Magazine | Register for CFO Event Digital Transformation

CFO South Africa Newsletter | Wednesday July 16 Dear CFO South Africa Member, Corporate Growth Event July 10 offers fascinating insights Peter Goss, Head of Forensica at SizweNtsalubaGobodo gives CFOs ins... A fascinating talk on the governance of fraud risks was one of the highlights of a very successful CFO South Africa event around Corporate Growth on 10 July 2014 in the immaculate Saxon Boutique Hotel in Johannesburg. It was Peter Goss, Head of Forensics at audit and advisory firm SizweNtsalubaGobodo (SNG), who captivated CFOs and finance leaders with a master class on the detection, prevention and governance of corruption and fraud. Photos CFO South Africa Event Corporate Growth Most CFOs will agree that it would be ideal if the talents in their finance team could be freed up to support the leadership with acquisitions, shareholder engagement and other value adding activities. Outsourcing company WNS Global Services offers them exactly that opportunity, says Johann Kunz, Managing Director at WNS in South Africa. “Outsourcing of financial functions is slowly taking off in South Africa and will become a standard part of a CFO’s toolkit.” Read Exclusive CFO South Africa Articles CFO SA meets Andrew Hannington, CEO at Grant Thornton Johannesburg Futuresense directors Steven Hyslop & Simon Jackson: better (no... CFO South Africa meets with Fintech's CEO Glen Christopulo and CFO ... CFO SA meets with Mark Buwalda, Client Partner Sub Saharan Africa a... Showcase your work on CFO South Africa's Website! Showcase your work and that of your company to over 3500 members of CFO South Africa. If you are interested send an email to Jurrien Morsch at [email protected] Join us for the CFO Event on Digital Transformation Thursday September 11 at the Tintswalo at Waterfall In the new digital reality, people have the opportunity to freely share their opinions, experiences, ideas, emotions and complaints en masse and anonymously. Markets have never been so transparent, putting the customer back in charge. How can we understand this digital transformation, and see the financial opportunities and consequences for the business? Join this event with keynote speaker and CFO of the Year winner Simon Ridley, CFO at Standard Bank. Don’t miss out on this CFO Event from 4pm - 8pm and register now. Discuss with your peers issues on Digital Transformation and how it can help your company! Continuous Professional Development Points Did you know all events of CFO South Africa are eligible for SAICA CPD points? By attending CFO South Africa's events and training courses you will stay compliant. Reach 5000 CFOs in the first CFO Magazine South Africa CFOs want to know your story Showcase your work and that of your company via CFO Magazine and demonstrate your added value to 5000 CFOs, finance leaders and their direct reports as well as hundreds of international investors looking in how to move in to Africa. Get the undivided attention of the top financial decision makers and deliver the latest insights on improving the finance function. CFO Magazine: Knowledge and know-how for CFOs Read the latest insights from award winning CFOs: Simon Ridley, Standard Bank, Anoj Singh, Transnet, John King, EOH, Colin Brown, Super Group and Aarti Takoordeen, JSE and also featured interviews with Mike Brown CEO Nedbank and Brett Tromp CFO Discovery Health. Covered topics: - Who are South Africa's leading CFOs? - How do successful CFOs move into Africa? - Why should you transform your finance function and how can you do it? - How do you attract and retain talent? - Who are the preferred advisors to South African CFOs? - How do you make the shift towards the digital world? You should not miss out. Put your company in the spot light, get your message across. Advertise or get interviewed for CFO Magazine. Interested? Contact Jurrien Morsch at [email protected] Upcoming CFO South Africa Events Join the CFO Events with inspiring hosts and experts who will share their insights and experiences with you. Register now for these events and improve your company, network, career and knowledge. CFO South Africa Events in 2014 Sept 11 Sandton | Digital Transformation Nov 13 Cape Town | Risk, Compliance & Control Register now for one of the upcoming CFO South Africa Events. Please note that all our CFO South Africa events are for senior financial executives working in companies with revenues exceeding 100 million rand. CFO South Africa offers Platinum memberships to CFOs and finance directors. For more information please have a look here and contact Jurrien Morsch at [email protected] Stay connected with CFO South Africa Follow CFO South Africa on Twitter and LinkedIn Stay up to date on what is happening in the world of finance by following us on Twitter @CFOSouthAfrica and LinkedIn. Next to that you can keep track of newly published interviews with CFOs and CEOs. Feel free to contact us Any suggestions or comments are welcome. Kind Regards, Melle Eijckelhoff Director CFO South Africa | [email protected] To control which emails you receive from CFO South Africa, please change your email preferences at cfo.co.za by selecting under settings "I do not want to receive emails from CFO South Africa | Finance Professionals South Africa"

10 July 2014

Peter Goss (SizweNtsalubaGobodo) gives CFOs insight in fraud risks

A fascinating talk on the governance of fraud risks was one of the highlights of a very successful CFO South Africa event around Corporate Growth on 10 July 2014 in the immaculate Saxon Boutique Hotel in Johannesburg. It was Peter Goss, Head of Forensics at audit and advisory firm SizweNtsalubaGobodo (SNG), who captivated CFOs and finance leaders with a master class on the detection, prevention and governance of corruption and fraud.

10 July 2014

CFO SA meets Andrew Hannington, CEO at Grant Thornton Johannesburg

In a candid and wide-ranging conversation Andrew Hannington, CEO Johannesburg at accounting and advisory firm Grant Thornton, chatted to CFO South Africa about the merger with PFK, competing with the Big 4 and his hopes for the South African economy. Director Alex van Groningen of CFO South Africa visited Hannington on Thursday to chat about the fast-growing networking platform for finance leaders. "It's tiring, but the merger has given me a new lease on life," said Hannington, who was CEO at PKF before the merger. The full account of the conversation will appear on this website at a later stage.

08 July 2014

Futuresense directors Steven Hyslop and Simon Jackson: better (not more!) data important for CFOs

Getting access to more data is not something CFOs should aspire to, say Steven Hyslop and Simon Jackson, directors at Futuresense, a Johannesburg firm that provides high end Oracle Hyperion enterprise performance management (EPM) solutions that provide CFOs with faster reporting and better decision-making tools. "Modern CFOs know they actually want to have less, but better, data. Finding out information about the things that actually matter is most important," they said during a visit by CFO South Africa's director Melle Eijckelhoff. A full account of the frank interview with the Futuresense-directors will appear on this website at a later stage.

08 July 2014

CFO South Africa meets with Fintech's CEO Glen Christopulo and CFO Lourandi Kriel

On Monday Alex van Groningen, founder and director of CFO South Africa, visited the Johannesburg office of Fintech, an innovative South African firm that offers rental asset finance solutions. He met with CEO Glen Christopulo and CFO Lourandi Kriel. The meeting turned out to be an interesting meeting of minds. Christopulo elaborated on the solutions Fintech offers local businesses and Kriel spoke on the qualities that turn a good CFO into a great CFO. The full interview with Christopulo and Kriel will appear on this website at a later stage.

08 July 2014

CFO SA meets with Mark Buwalda, Client Partner Sub Saharan Africa at Cognizant

On Monday CFO South Africa's directors Melle Eijckelhoff and Alex van Groningen met with fellow Dutchman Mark Buwalda, Client Partner Sub Saharan Africa at Cognizant, a leading provider of information technology, business consulting, enterprise applications and business process services. Buwalda made a name for himself in South Africa with a 15 year career at Ananzi.co.za, sometimes dubbed the 'South African Google'. Last year he joined Cognizant, A US-headquartered company which has great expansion plans for South Africa and the rest of the African continent. Buwalda is responsible for scouting opportunities. "The organization's strength lies in the banking and financial sector, but other sectors such as data mining and insurance are very prominent too," he says.

03 July 2014

CFO South Africa Newsletter | Carving out your role as CFO | Reach 5000 CFOs in CFO Magazine | Financial outsourcing in CFO toolkits | Don't find fault, find a remedy

CFO South Africa Newsletter | Thursday July 3 Dear CFO South Africa Member, Read Exclusive CFO South Africa Articles Karl Kumbier, CEO Mercantile Bank "Weight behind entrepreneurs" “The difference between a good and a great CFO is that the latter assists his CEO pro-actively and spends a lot of time in the business,” says Karl Kumbier, Chief Executive Officer of Mercantile Bank. In a candid interview with CFO South Africa he talks about his impressive career in the banking industry and the way his bank can help spur on economic development and employment by providing financial solutions for entrepreneurs. Johann Kunz, Managing Director at WNS "Financial outsourcing in CFO toolkits" Most CFOs will agree that it would be ideal if the talents in their finance team could be freed up to support the leadership with acquisitions, shareholder engagement and other value adding activities. Outsourcing company WNS Global Services offers them exactly that opportunity, says Johann Kunz, Managing Director at WNS in South Africa. “Outsourcing of financial functions is slowly taking off in South Africa and will become a standard part of a CFO’s toolkit.” Tyrone Soondarjee, Financial Director at Sasfin "Carving out your role as CFO" “As a commercially-orientated CFO, I like to play a leading role in business which is why Sasfin is good fit for me. It offers opportunities to broaden my horizons and that is what appeals to me,” says Tyrone Soondarjee, Financial Director at Sasfin bank and the JSE-listed Sasfin Holdings Group. Speaking about the Group, Soondarjee says: “We understand entrepreneurs, because we are entrepreneurial ourselves.” More interesting CFO South Africa Articles Philip Panaino, Division President South Africa at Mastercard: Cont... Stanford Payne: Exeptional Business Leaders - "Don't find fault, fi... Showcase your work on CFO South Africa's Website! Showcase your work and that of your company to over 3500 members of CFO South Africa. If you are interested send an email to Jurrien Morsch at [email protected] Join us for the CFO Event on Corporate Growth Thursday July 10 at the Saxon Boutique Hotel It’s in our nature; the will to grow our organizations and to strive for profitability. But Corporate Growth also brings new challenges for the CFO. You need to align capital structures, human resources and operations with the demands of a growing company. Join the Master Class with: - Deon Fredericks, Acting CFO at Telkom - Jacco van der Sandt, Financial Director at Mutual & Federal - Megan Pydigadu Group Financial Director at Mix Telematics Afterwards you will meet and greet your peers from Absa, Business Connexion, Eskom, Old Mutual, PetroSA, SAA, Standard Bank, Telkom and many more at the CFO Café with a presentation from Dario Drago, CFO Novartis SA. Don’t miss out on this CFO Event from 4pm - 8pm and register now. Discuss with your peers issues on corporate growth and how it can help your company! Continuous Professional Development Points Did you know all events of CFO South Africa are eligible for SAICA CPD points? By attending CFO South Africa's events and training courses you will stay compliant. Reach 5000 CFOs in the first CFO Magazine South Africa CFOs want to know your story Showcase your work and that of your company via CFO Magazine and demonstrate your added value to 5000 CFOs, finance leaders and their direct reports as well as hundreds of international investors looking in how to move in to Africa. Get the undivided attention of the top financial decision makers and deliver the latest insights on improving the finance function. CFO Magazine: Knowledge and know-how for CFOs Read the latest insights from award winning CFOs: Simon Ridley, Standard Bank, Anoj Singh, Transnet, John King, EOH, Colin Brown, Super Group and Aarti Takoordeen, JSE and also featured interviews with Mike Brown CEO Nedbank and Brett Tromp CFO Discovery Health. Covered topics: - Who are South Africa's leading CFOs? - How do successful CFOs move into Africa? - Why should you transform your finance function and how can you do it? - How do you attract and retain talent? - Who are the preferred advisors to South African CFOs? - How do you make the shift towards the digital world? You should not miss out. Put your company in the spot light, get your message across. Advertise or get interviewed for CFO Magazine. Interested? Contact Jurrien Morsch at [email protected] Upcoming CFO South Africa Events Join the CFO Events with inspiring hosts and experts who will share their insights and experiences with you. Register now for these events and improve your company, network, career and knowledge. CFO South Africa Events in 2014 July 10 Sandton | Corporate Growth Sept 11 Sandton | Digital Transformation Nov 13 Cape Town | Risk, Compliance & Control Register now for one of the upcoming CFO South Africa Events. Please note that all our CFO South Africa events are for senior financial executives working in companies with revenues exceeding 100 million rand. CFO South Africa offers Platinum memberships to CFOs and finance directors. For more information please have a look here and contact Jurrien Morsch at [email protected] Stay connected with CFO South Africa Follow CFO South Africa on Twitter and LinkedIn Stay up to date on what is happening in the world of finance by following us on Twitter @CFOSouthAfrica and LinkedIn. Next to that you can keep track of newly published interviews with CFOs and CEOs. Feel free to contact us Any suggestions or comments are welcome. Kind Regards, Melle Eijckelhoff Director CFO South Africa | [email protected] To control which emails you receive from CFO South Africa, please change your email preferences at cfo.co.za by selecting under settings "I do not want to receive emails from CFO South Africa | Finance Professionals South Africa"

17 June 2014

Karl Kumbier, CEO Mercantile Bank: Weight behind entrepreneurs

“The difference between a good and a great CFO is that the latter assists his CEO pro-actively and spends a lot of time in the business,” says Karl Kumbier, Chief Executive Officer of Mercantile Bank. In a candid interview with CFO South Africa he talks about his impressive career in the banking industry and the way his bank can help spur on economic development and employment by providing financial solutions for entrepreneurs.

12 June 2014

Tyrone Soondarjee, Financial Director Sasfin: Carving out your role as CFO

“As a commercially-orientated CFO, I like to play a leading role in business which is why Sasfin is good fit for me. It offers opportunities to broaden my horizons and that is what appeals to me,” says Tyrone Soondarjee, Financial Director at Sasfin bank and the JSE-listed Sasfin Holdings Group. Speaking about the Group, Soondarjee says: “We understand entrepreneurs, because we are entrepreneurial ourselves.”

11 June 2014

Johann Kunz, ?Managing Director WNS Global Services SA: Financial outsourcing in CFO toolkits

Most CFOs will agree that it would be ideal if the talents in their finance team could be freed up to support the leadership with acquisitions, shareholder engagement and other value adding activities. Outsourcing company WNS Global Services offers them exactly that opportunity, says Johann Kunz, Managing Director at WNS in South Africa. “Outsourcing of financial functions is slowly taking off in South Africa and will become a standard part of a CFO’s toolkit,” says Kunz.

06 June 2014

Philip Panaino, Division President South Africa MasterCard: Contributing to a truly inclusive financial environment

“This job has given meaning to driving Financial Inclusion in South Africa and doing good as a corporate citizen,” says Philip Panaino, division president South Africa in International Markets at MasterCard. “It has always been a passion for me to contribute to a truly inclusive financial environment. Here I am able to do that, whilst working for a large multinational. For me it is a perfect marriage, the best of two worlds.”

04 June 2014

CFO South Africa Newsletter | Register for CFO Event July 10 | Rewarding innovative CFOs | CFOs playing a more significant role | Africa should be a net food exporter

CFO South Africa Newsletter | Wednesday June 4 Dear CFO South Africa Member, Read Exclusive CFO South Africa Articles Bikash Prasad, CFO South and East Africa at Olam "Africa's agricultural future" Africa should be a net food exporter, but it is a net importer at the moment,” says Bikash Prasad, CFO South and East Africa at Olam International, a Singapore-headquartered integrated supply chain managing firm and processor of agricultural products and food ingredients. The Durban-based Prasad has a passion for the continent. “We want to play an important role in the growth of Africa. Mteto Nyati, Managing Director South Africa at Microsoft "Connecting the next billion" There are still billions of people that have not been touched by technology. That is where our enormous potential lies,” says Mteto Nyati, Managing Director at Microsoft South Africa. “Technology is not an end goal; it is all about what it can do to help humanity reach its potential.” As the famous IT-company shifts from being a software company to a device and cloud company, Nyati is full of ambition and enthusiasm about opportunities in South Africa.” Deon Fredericks, Acting CFO at Telkom "Learning from each other" We don’t have to reinvent the wheel,” says Deon Fredericks, Acting Chief Financial Officer at Telkom, Africa's largest integrated communications company. Fredericks joined the then state-owned landline monopolist in 1993 as a senior manager in internal audit and has worked himself up the finance ladder in an admirable fashion. Fredericks says he fully supports CFO South Africa’s mission to connect the country’s finance leaders. “CFOs are starting to play a more significant role, specifically on strategy. It is very valuable to learn from each other. More interesting CFO South Africa Articles Pieter Bensch, Vice President SA Oracle: Rewarding innovative CFOs Gregory Nott, Director at Werksmans Attorneys: Follow the trends, n... Adriana de Roock, MD Greymatter & Finch: Use reporting to impro... Showcase your work on CFO South Africa's Website! Showcase your work and that of your company to over 3500 members of CFO South Africa. If you are interested send an email to Jurrien Morsch at [email protected] Join us for the CFO Event on Corporate Growth Thursday July 10 at the Saxon Boutique Hotel It’s in our nature; the will to grow our organizations and to strive for profitability. But Corporate Growth also brings new challenges for the CFO. You need to align capital structures, human resources and operations with the demands of a growing company. You will need to challenge your business model and be ready to make changes, But how will you stay agile? What are the financial consequences? And is your team ready to provide the information for strategic decision making? Meet CFOs from Absa, Business Connexion, Eskom, Old Mutual, PetroSA, SAA, Standard Bank, Telkom and many more. Don’t miss out on this CFO Event from 4pm - 8pm and register now. Discuss with your peers issues on corporate growth and how it can help your company! Continuous Professional Development Points Did you know all events of CFO South Africa are eligible for SAICA CPD points? By attending CFO South Africa's events and training courses you will stay compliant. Top CFOs should become a Member of CFO South Africa Join the ultimate peer to peer advisory network for finance executives in South Africa Various CFOs and finance directors from companies like Nedbank, Transnet, SAB, Nike and Gauteng Department of Finance are members of CFO South Africa.Your peers understand best the issues you face and the challenges that impact your business. Together you will share your experiences at CFO South Africa’s events and help you advance in your career, company and knowledge. Get introduced to experienced colleagues that are happy to share their knowledge with you. Peer-to-peer consulting is by far the best and most cost effective way to help you solve problems. Are you interested? Please see our membership brochure for more information or sign up here. Become a Partner of CFO South Africa Meet top CFOs, claim thought leadership, create value and develop business. Various companies like Oracle, IBM, InnoVent, ACCA, SNG and Transparent are partners of CFO South Africa. Just like us, they believe we can contribute to the growth of their business and network in South Africa. As a partner of CFO South Africa you find yourself in a network in which you can contribute to sharing knowledge, seizing opportunities and growing your business. Are you interested in partnering up? Please contact [email protected] Partners CFO South Africa: Upcoming CFO South Africa Events Join the CFO Events with inspiring hosts and experts who will share their insights and experiences with you. Register now for these events and improve your company, network, career and knowledge. CFO South Africa Events in 2014 July 10 Sandton | Corporate Growth Sept 11 Sandton | Digital Transformation Nov 13 Cape Town | Risk, Compliance & Control Register now for one of the upcoming CFO South Africa Events. Please note that all our CFO South Africa events are for senior financial executives working in companies with revenues exceeding 100 million rand. CFO South Africa offers Gold en Platinum memberships to CFOs and finance directors. For more information please have a look here and contact Jurrien Morsch at [email protected] Stay connected with CFO South Africa Follow CFO South Africa on Twitter and LinkedIn Stay up to date on what is happening in the world of finance by following us on Twitter @CFOSouthAfrica and LinkedIn. Next to that you can keep track of newly published interviews with CFOs and CEOs. Feel free to contact us Any suggestions or comments are welcome. Kind Regards, Melle Eijckelhoff Director CFO South Africa | [email protected] To control which emails you receive from CFO South Africa, please change your email preferences at cfo.co.za by selecting under settings "I do not want to receive emails from CFO South Africa | Finance Professionals South Africa"

Read more: 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49