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Okuhle Sidumane has her sights set on integration and good governance, as she begins her tenure as finance chief at the National Youth Development Agency (NYDA).
Nthanyiseni joins the education institution from the Durban University of Technology. BCX’s finance chief, Cheryl-Jane (CJ) Kujenga, favours a “bottom-up” approach, and is a firm believer in understanding the details first. But her true leadership style lies in her unique take on work-life balance.
The annual CFO Survey has become tradition at CFO Day, and 2024 was no different. South Africa’s top finance leaders revealed how they use storytelling in their roles. Harina steps into the role effective 1 January 2025.
MTN Group CFO Tsholofelo Molefe is passionate about connecting Africa. As a key leader at MTN, she has played a pivotal role in expanding the organisation’s reach across the continent and empowering communities through digital solutions. Karly takes on the role at the retail, property, and telemedia group after the CFO steps down. Data as a Compass empowers finance leaders to transform data into actionable insights. This South African guide combines leadership lessons, practical examples, technical know-how and ethics to help CFOs start, or enhance, their data-driven journey. Ian’s interim role will assist with a smooth transition over the next six months while AECI a new permanent CFO. From his early days in the retail industry to his current leadership role, Praneel Nundkumar, group CFO for Mr Price, has had the rare opportunity to tap into his full set of capabilities. Appointed at the age of 39, he is also the group’s youngest exco member. Riaan Erasmus’s new role forms part of the succession plan and aims to optimise the group’s property portfolio. Tessa Meyer, African Group Lubricants’ CFO, has been in finance for over 12 years. Her biggest lessons from being in finance include “always ask why” and making sure plans are not too set in stone. Nontobeko Ndimande’s new position follows the CFO role at Johannesburg Social and Housing Company. Longstanding Exxaro FD remains in finance role, but is now also interim CEO. Thato Moloele to officially take CFO role from 1 February 2025. After being interim CFO, Lihle Mbele is now permanent, and also appointed executive director of the health company. Becoming a CEO also entails much more involvement in the overall strategy direction of the organisation, say CFOs-turned-CEOs Ramasela Ganda from Avis Southern Africa and Zeda Limited, Jaco Maritz from Syspro, and Yuresh Maharaj from Liberty, to find out more about the traits required for a successful transition from CFO to CEO.
Wiehann Joubert moves from acting CFO to permanent position. Eskom CFO Calib Cassim elaborates on his leadership lessons from his 22-year tenure at the state utility. Nominations for the 2025 CFO Awards are now open. Here’s your chance to showcase the finance executives who have shown impeccable leadership and innovation over the last year. Boxer’s listing on the JSE is a first for a South African discount retailer and forms part of Pick n Pay’s turnaround, its CFO Lerena Olivier believes. CFO South Africa spoke to CFOs-turned-CEOs Ramasela Ganda from Avis Southern Africa and Zeda Limited, Jaco Maritz from Syspro, and Yuresh Maharaj from Liberty, to find out more about the traits required for a successful transition from CFO to CEO. Nico Marais assumes the role of interim CFO at Naspers and Prosus group, effective 2 December 2024. Nick Thomson will be leaving Reunert in the 2025 financial year after he has completed a successful handover to his successor, who has not yet been announced. As Men’s Health Month comes to a close, it’s important to acknowledge the unique challenges faced by male executives, particularly CFOs. While often seen as pillars of strength, these individuals may struggle with mental health issues due to the high-pressure nature of their roles. TransUnion Africa acting CFO Jason Hawkins has been promoted to permanent CFO and vice president. Discovery’s work culture thrives on collaboration, according to group CFO Deon Viljoen – and the design of its head office is a testament to this. And while the group offers various services, there is a golden thread that holds everything together. The AfroCentric Group CFO will become the group CFO at AdvTech. CFO Joanne Tanner’s journey into the water polo world is a result of caring mothers who started a water polo team to find a way to connect with their 10-year-old boys more. Lindani Sidaki will start in his new role at the beginning of December. Discovery’s decision to partner with OneStream for its major hardware infrastructure project came after a careful assessment of its outdated financial consolidation tool. Tendai Matore will take on the acting CFO role at SABC on 30 November 2024. Former CFO of Sygnia is now Prescient’s head of strategy. JSE CFO Fawzia Suliman’s key to work-life balance is “deciding which cylinders should burn brightest” at a given time. This approach gives her both the discipline and mental fortitude to lead her team in the fast-paced world of stockbroking – and fulfil her passion for endurance sports. In an unforgettable fireside chat at the 2024 CFO Awards, which took place at the Polo Room at the Inanda Club in Sandton, dancer and choreographer Musa Motha held the room spellbound with his story of courage, resilience and an unbreakable spirit. The 2024 CFO Awards was a celebration of finance leaders and a commitment to nurture future finance leaders. The 'Oscars of Finance' were yet again a resounding success. Hosted by South African comedian Nik Rabinowitz, top finance executives from around the country celebrated financial excellence with their peers. Here's a look at some of the incredible moments from last night's extravaganza!
Mike Davis, the CFO of Nedbank Group, has been voted CFO of the Year at the 2024 CFO Awards.
Marsh McLennan Africa, a leading insurance broker and risk advisor that prides itself on protecting their clients with data-driven solutions, will be sponsoring the CFO of the Year award at the 2024 CFO Awards. This year's Strategy Execution Award recognises CFOs that have successfully adapted their organisations to the changing needs of the modern business world. Founder and CEO of Decision Inc Nicholas Bell discusses the issues surrounding the introduction of a new AI system and how this would effect the company's operations. Pieter van Buuren will focus on expanding the Mpumalanga-based company into the global market.
Old Mutual will be sponsoring the Transformation & Empowerment Award at his year’s ‘Oscars of Finance.’ At the 2024 Finance Indaba, financial reporting expert KC Rottok Chesaina taught a masterclass on the International Accounting Standards Board’s (IASB’s) new reporting standards. Investec senior executive officer, Darryn Solomon has been in the banking industry for over three decades. CFO South Africa spoke to Darryn about a new chapter in his Investec career which involves relocating to the UAE and setting up a new branch in Dubai. Jonathan Morley-Kirkhas has also been appointed as a director of the South Africa and Zambia-based company. The leading provider of digital technologies and IT services is throwing its weight behind the CFO Awards. MakwaIT Technologies will be sponsoring the Young CFO of the Year Award at this year’s CFO Awards. When the CFO position is still calling your name, you answer the call, as Old Mutual's chief financial officer, Casper Troskie did in his extended CFO duties. The JSE was the place to be for leaders in the finance world on 23 October, as it was the venue of Workday’s Transforming Finance: The Future of Financial Services with Workday Financials. The Finance and Accounting Services Sector Education and Training Authority (FASSET) has as its vision to facilitate the achievement of world-class finance and accounting services skills. CFO SA asked its CFO, Zakariya Alli, about trends in the sector. Ferdinand Nel, who has been deputy CFO at Copper 360 since April this year, will be taking up the CFO role.
Sitholile Sithole is a member of the outreach collaboration between CFO South Africa and the Allan Gray Orbis Foundation. This year, he attended his first Finance Indaba and reflects on his experience, which took place at the Sandton Convention Centre. Calib Cassim, Eskom’s group CFO, describes the state utility’s dramatic turnaround and its plans for South Africa’s energy future. She has built a career based on transforming the financial matters of our country’s public institutions. Devrani Moonsamy is sweeping away years of financial mismanagement to provide better financial systems and ensure clean audits. In October last year, she joined the Ombud Council. AI should be seen as your new colleague, says Arthur Goldstuck. Welmie Schoeman will be starting a new position as vice president of accounting and control at Vivo Energy. Morne Grundlingh has been appointed to lead Netstar’s financial strategy.
You are the driver of a runaway tram that is headed down a narrow road where a dozen school children are playing. The only diversion is to the right, where an elderly woman is selling vegetables. Would you let the tram continue on its path or divert it?
After performing audits on a number of public entities, Angel Mhlambi-Nqikashe was eager to experience life on the other side - and understand why the institutions she was auditing were not implementing auditor recommendations. This was the first step towards her growth into the role of CFO at Mayibuye Transport Corporations. Standard Bank CEO Funeka Montjane discusses the role of a CFO as a business integrator. Sage VP of Finance for Africa and Middle East regions, Jordaan Burger talks about Sage's AI technology offerings. Old Mutual has announced that Casper Troskie has agreed to remain as chief financial officer until April 2027. Some of South Africa’s top CFOs - and their mentees - got together at a CFO Dinner to discuss how older and younger generations of finance leaders can build future-ready businesses for their employees.
CFO Philip Timberlake announced his departure from Liberty and Standard Bank to pursue his financial consulting venture, Jakal.org. Financial Minds’ Faatima Kholvadia unpacks the different standards, measurement methods and her top tips for reporting your organisation’s sustainability at the 2024 Finance Indaba. Looking into how businesses can integrate AI tools as part of their daily duties, business leaders at the 2024 Finance Indaba, held at Sandton Convention Centre on 10 October 2024, shared how to make the most of these technologies. Since joining Zeda, Dumisani Mlangeni has made great strides in the finance industry. He shares his journey from the classroom to working alongside the CFO. David Powels started his tenure as CFO of Volkswagen passenger cars on 1 October 2024. Marileen Kok has been promoted to finance director at Pan African Resources. Verina Mohanlal has been appointed as NTT Data’s new head of financial services industry for their Middle East and Africa division. Diversity in the workplace fosters creativity and critical thinking, according to financial leaders who spoke at the 'Innovation through diversity: welcoming different viewpoints' session at the 2024 Finance Indaba. BlueSky welcomes Rayan Peters’ financial leadership in the new CFO role. A 2024 Finance Indaba big topics session explored how "lights out" finance is here to stay. OneStream Software left a lasting impression at the 2024 Finance Indaba with compelling case studies presented by Lorraine Venter, sales director MEA, Michael Tyc director solution consulting EMEA, and Jean-Pierre (JP) Strydom, senior solutions consultant. EY experts share insights on how data can drive both sustainability and financial success at the 2024 Finance Indaba. Risk is an issue that many companies operating across the world need to manage. In particular, when running a business in Africa, unique challenges need to be carefully managed, attendees at the 2024 Finance Indaba heard. Trialogue’s Tina Playne unpacks why an integrated sustainability approach is better than an ESG focus when it comes to reporting your company’s impact. 2024 Finance Indaba attendees received expert advice on how to get comfortable with the uncomfortable. A look at the biggest finance gathering in Africa! According to Dr Mark Nasila, data is quickly becoming a primary resource. He took the stage at the 2024 Finance Indaba on 10 October, where he made an impassioned plea for AI strategies that cater to Africa’s unique situation. Finance Indaba attendees heard how finance and HR can join forces to align talent strategy with business goals – all with agile tech tools. A 2024 Finance Indaba masterclass educated participants on the art of effective non-verbal communication. When it comes to planning to purchase a company, it is important to understand the people and culture involved in that acquisition process, shared speakers at the 2024 Finance Indaba. At the 2024 Finance Indaba, Bongi Ngoma, AGSA’s head of audit, and Walter Sisulu University CFO Morgan Nhiwatiwa stressed agility for future-fit finance leadership. AICPA & CIMA VP of Africa Tariro Mutizwa unpacked the skills and business structures that will define business success in the future, calling on finance leaders to not only think about the short term. As delegates at the 2024 Finance Indaba heard, being a CFO at a startup means having to deal with every single aspect of the financial role, from tax returns and accounting, through to providing strategic direction. Sometimes, it also means going out and buying the milk. Leading financial experts Zaf Mahomed, Oceana Group CFO, Bothwell Mazarura, Kumba Iron Ore CFO, and Nelisiwe Shiluvana, Famous Brands group FD, convened at the 2024 Finance Indaba to discuss the pivotal role of finance in shaping South Africa’s iconic brands. Delegates at the 2024 Finance Indaba heard how Zeda, best known for Avis rentals, successfully unbundled from Barloworld, as well as how Bridgestone South Africa went from making a loss to being a key part of the global company. Kickstarting the 2024 Finance Indaba at the Sandton Convention Centre on 10 October, Vodacom Group CFO Raisibe Morathi urged CFOs to adopt a positive attitude towards emerging technologies, as it will aid in making well-informed decisions. Earlier this year, the Re-defining finance for a sustainable world white paper, the latest iteration of AICPA & CIMA’s Future of Finance global research programme, was released, . The white paper highlights that the accounting and finance profession is unequivocally changing, moving away from traditional rules-based approaches and towards a more inclusive, expansive and value-creation mindset, writes Tariro Mutizwa, ACMA, CGMA, vice president – Africa at AICPA & CIMA, together as the Association of International Certified Professional Accountants. In today's data-driven world, the 4th Industrial Revolution demands that businesses harness the power of information to drive strategic decisions. This is particularly true for BEE and preferential procurement, where a deep understanding of your supplier landscape is crucial for compliance and maximising your scorecard. The South African Institute of Professional Accountants is showing its support for this year’s Finance Indaba. Simbarashe Madzana has found his niche at Meals on Wheels Community Services, where he is finance director of the Western Cape region. A humanitarian at heart, here he shepherds money to greener pastures – the intended beneficiaries – and is accountable to various stakeholders. The financial performance platform joins the line-up of partners at this year’s Finance Indaba. The National Treasury joins the line-up of partners at this year’s Finance Indaba. The organisation will be among the list of partners exhibiting at the Finance Indaba on 10 October. Former Woolworths CFO Reeza Isaacs will take over the chief financial officer role at Spar The specialist consultancy firm joins the line-up of partners at this year’s Finance Indaba. Johannesburg-based Nkosana Dlamini, ACMA, CGMA is head of risk reporting and risk regulatory advisory at Absa Group, one of Africa’s largest diversified financial services groups. The professional services solutions company will exhibit at this year’s Finance Indaba. The authorised financial services provider will exhibit at this year’s Finance Indaba.
The B2B payment solutions firm will be a Silver Partner at the 2024 Finance Indaba for the first time. The finance automation solutions firm will be a Silver Partner at the 2024 Finance Indaba for the first time.
Thooto will be showing its support for the Finance Indaba as a Silver Partner. During a CFO Dinner hosted at the Saxon Hotel in Johannesburg, some of South Africa’s top finance leaders shared how their companies are approaching AI in the post-Covid era. Ketendo will be showing its support for the Finance Indaba as a Silver Partner.
Some of South Africa's leading finance executives gathered at The Saxon restaurant for a thought-provoking dinner. Check out the images here. LinkedERP will be showing its support for the 2024 Finance Indaba as a Silver Partner.
Roger Rooden has taken on the role of CFO of BMW Group Financial Services South Africa, succeeding Irene Koeppel. Cybersecurity, reputation and watercooler conversations dominate dinner table discussions across the country.
Sage will be showing its support for the Finance Indaba as a Platinum Partner.
The financial integrity of a company often lies in the hands of an independent board of directors known as the audit committee. As chief financial officers, it is important to know your role when it comes to dealing with this committee, writes Vodacom CFO Raisibe Morathi. OneStream has been a partner of the Finance Indaba since 2019.
Financial departments face significant challenges during month-end, year-end, consolidations, budgeting and forecasting, often resulting in extended hours and frustration for CFOs and their teams. CFO of Midvaal Zakhele Mhlongo is a master of clean audits. While his early accounting career was spent in the private sector, his passion for public service took over in 2004. From a young age, Cell C CFO El Kope was inspired by those around her and knew she wanted to work in a field where she could help people grow, drive business success and contribute to the economy. Bitventure will be among the line-up of exhibitors at the conference. From 1 October 2024, Dan Smith will take over as group CFO of Lesaka Technologies. The B-BBEE compliance and transformation company joins the line-up of partners for this year’s Finance Indaba, taking place on 10 October.
Ethics and governance key focus areas for NYDA CFO Okuhle Sidumane
Nthanyiseni Dhumazi takes up CFO role at Vaal University of Technology
CFO CJ Kujenga is a finance chief for every season
Exclusive insights from the CFO Day survey
Harina Ndaba appointed CFO at FNB Short Term Insurance
CFO Tsholofelo Molefe is making connections at home and around the globe
Karly White takes over from Damien Franklin as FD at Rex Trueform
New book helps South African CFOs navigate the future of finance in a data-driven world
Ian Kramer steps in as AECI’s acting CFO
CFO Praneel Nundkumar’s modern take on finance leadership
Riaan Erasmus appointed deputy CEO at Octodec
CFO Tessa Meyer’s ’why not?’ attitude has shaped her career success
Nontobeko Ndimande appointed CFO at Ekurhuleni Housing Company
Riaan Koppeschaar steps in as Exxaro acting CEO
Thato Moloele is CFO-designate and executive director at AfroCentric
Lihle Mbele is CFO at Ascendis Health
Making the leap from CFO to CEO (part 2)
Wiehann Joubert takes CFO role at DRA Global
Eskom CFO Calib Cassim's leadership lessons
Nominate your finance chief for the 2025 CFO Awards!
Pick n Pay CFO Lerena Olivier sees Boxer’s JSE listing as a 'milestone moment'
Making the leap from CFO to CEO (part 1)
Nico Marais takes the helm as interim CFO at Naspers, Prosus
CFO Nick Thomson plans to retire from Reunert in 2025
Mental health and EQ is crucial for male execs
Jason Hawkins is CFO of TransUnion Africa
Discovery CFO Deon Viljoen thrives with collaboration, guidance – and purpose
CFO Hannes Boonzaaier will be moving to AdvTech next year
Decison Inc. CFO Joanne Tanner shares her mother-and-son network of water warrior moms
Sable Exploration and Mining appoints Lindani Sidaki as FD
OneStream’s key role in Discovery’s finance optimisation
Tendai Matore takes over CFO role at SABC
Niki Giles rejoins Prescient Fund Services
CFO Fawzia Suliman builds self belief through endurance training
Five inspiring takeaways from the 2024 CFO Awards Fireside Chat with Musa Motha
Excellence and inspiration shine through at the 2024 CFO Awards
Photo Gallery: 13 November 2024, CFO Awards, The Polo Room, Johannesburg
Nedbank’s Mike Davis wins CFO of the Year award at the 11th annual CFO Awards
Marsh McLennan Africa backs 2024 CFO of the Year Award
Workday honours the dedicated efforts of CFOs
Decision Inc. helps companies find the right solutions to create value
Pieter van Buuren announces his new role and duties at Global Macadamias
Old Mutual rallies behind transformation and empowerment
IFRS 18 and IFRS 19: a masterclass in new reporting standards
Darryn Solomon to head up Dubai office for Investec
Jonathan Morley-Kirk appointed acting FD at Jubilee Metals
MakwaIT Technologies honours the youth at the 2024 CFO Awards
Old Mutual’s Casper Troskie shows commitment to leadership in his CFO role
Integrated financial systems can aid company expansion
FASSET helps advance financial professional development
Copper 360 announces Ferdinand Nel’s new duties as CFO
Finance Indaba 2024: a young professional’s eye-opener
Eskom CFO Calib Cassim steps up in difficult times
Ombud Council’s head of finance, Devrani Moonsamy talks about her latest clean audit achievement
Using AI opens the door for CFOs to focus on strategy
Welmie Schoeman welcomes new appointment at Vivo Energy
Netstar welcomes Morné Grundlingh to the CFO seat
Ethics or morals: Answering the age-old question
CFO Angel Mhlambi-Nqikashe focuses on workplace culture transformation
CEO Funeka Montjane’s journey to the heart of the business
Sage’s AI solutions eliminate mundane tasks, boosts accuracy by 96 percent
CFO Casper Troskie extends his term at Old Mutual
CFO Dinner: understanding quad-generational finance leaders
CFO Philip Timberlake bids farewell to colleagues to embark on his financial venture
CFO masterclass: measuring and reporting on sustainability
How AI empowers businesses to do more
Dumisani Mlangeni shares his Zeda journey
David Powels becomes CFO of the Volkswagen passenger cars brand
Marileen Kok begins her new duties as FD of Pan African Resources
Verina Mohanlal appointed as the head of the financial services industry at NTT Data
Promoting diversity for stronger teams
Rayan Peters appointed CFO at BlueSky
Why it’s time to shut the finance back office and get on board with automation
Eliminating silos and legacy systems
Using data for effective ESG implementation
CFOs look beyond traditional risks
2024 Finance Indaba looks at measuring sustainability
How to navigate change by building resilience and embracing uncertainty
Photo Gallery: 10 October 2024, Finance Indaba, Sandton Convention Centre, Johannesburg
Charting an AI strategy for the African continent
Bridging the finance-HR divide through future-proof workforce planning
Finance Indaba masterclass: More than meets the eye
People and purchasing power
Wanted: agile finance leaders to navigate disruptions
CFOs need to embrace more sustainable business structures and skills
Being a startup CFO means having to do it all, even buying the milk
Financial architects who shape South Africa’s iconic brands
Finance chiefs take their place on the global stage
“AI augments human expertise,” says Vodacom Group CFO Raisibe Morathi
Embracing the future of finance with confidence
Press release:Unlock the power of your data: streamlining and optimising BEE and preferential procurement compliance
SAIPA joins as a Silver Partner at the Finance Indaba
FD Simbarashe Madzana found his passion in feeding the hungry
Prophix joins the 2024 Finance Indaba as a Silver Partner
National Treasury is a 2024 Finance Indaba Silver Partner
TreasuryONE joins 2024 Finance Indaba as a Silver Partner
Reeza Isaacs takes on Spar CFO role
Venn Cubed shows its support for the 2024 Finance Indaba
Absa's Nkosana Dlamini explains the value of CGMA credentials
CaseWare Africa partners with 2024 Finance Indaba again
Brokstock joins the Finance Indaba as a Silver Partner
PayCentral joins the 2024 Finance Indaba partner line-up
FIRtech rallies behind 2024 Finance Indaba as a Silver Partner
Thooto joins Finance Indaba with Silver partnership
CFO Dinner: Finance chiefs cautiously optimistic about AI, see increase in cybersecurity risks
Ketendo debuts at 2024 Finance Indaba as a Silver Partner
26 September 2024, CFO Dinner, The Saxon, Johannesburg
LinkedERP joins 2024 Finance Indaba partner line-up
Roger Rooden takes on CFO role at BMW Group Financial Services South Africa
CFO-CIO Dinner: connecting executives from coast to coast
Sage joins Finance Indaba with Platinum Partnership
CFOs and their roles in the audit committee
OneStream Software returns to the Finance Indaba as a Platinum Partner
Press release: The future of finance is AI-powered
Midvaal CFO Zakhele Mhlongo celebrates 10 years of clean audits
Cell C CFO El Kope explains why she leads from the middle
Bitventure joins the Finance Indaba as a Gold Partner
Dan Smith takes on Group CFO role at Lesaka Technologies
BEE123 has joined the Finance Indaba as a Gold Partner
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