Newsletter: A chat to Woolworths CFO Reeza Isaacs | SA heading for the fiscal cliff | MTN CEO resigns

CFO South Africa Newsletter | Thursday 12 November Dear CFO South Africa Member, Read Exclusive CFO South Africa Articles David Jones, B-BBEE and success, a chat to Woolworths CFO Reeza Isaacs "Finance had to make sure that common sense trumped emotion" during the acquisition of the Australian department store chain David Jones, says Woolworths CFO Reeza Isaacs during an interview with CFO South Africa. "We now have to ensure that the business is focused on delivering on the deal synergies.” SA heading for the fiscal cliff While the recent countrywide #feesmustfall movement was rooted in fundamental social issues, the consequences of the 0% increase announced by government will be dire. In a recent joint sitting of the Select and Standing Committees of Finance in parliament, Professor Jannie Rossouw (pictured), head of the School of Economic and Business Sciences at Wits University, told attendees just how dire the aforementioned consequences may be. Thundafund CEO Patrick Schofield sees role for crowdfunding in FinTech After the incredibly successful FinTech Africa event in Cape Town on 20 October 2015, our reporter Ebrahim Moolla spoke to Patrick Schofield, CEO of crowdfunding platform Thundafund. They spoke about the event, the role crowdfunding can play for FinTech and his take on social entrepreneurship. Read more exclusive articles on CFO.co.za - Virtual data rooms essential for M&A - Arie Maree, Ansarada - MTN trying to reduce $5.2 billion fine - MTN CEO resigns - Zuma among world's best-paid presidents - Will Telkom be successful in buying Cell C? - Event 19/11: what can CFOs learn from entrepreneurs? RSVP for CFO Event "House of the Future" 19 November 17.00 - 20.00 - Turbine Hall - Johannesburg On Thursday 19 November we bring together a unique blend of seasoned finance professionals and leading young entrepreneurs at the iconic Turbine Hall. What can we learn from each other and how can we bridge the gap between the executives of today’s most prominent businesses and those who will shape the future of South Africa? What are the opportunities to work closer together and strengthen our economy? Our CFO event is planned in Global Entrepreneur week "House of the future" and will form part of a week long initiative by the Dutch government launched by prime minister Mark Rutte of The Netherlands to enhance, empower and connect the relevant trade and entrepreneurial links between the Netherlands and South Africa. Join us as leading CFOs and entrepreneurs tackle some of our biggest challenges, Be a part of the conversation on co-creating a brighter South Africa. Program 17.00 Opening & Reception 17.30 Master Class - What can CFOs learn from start-ups? What can start-ups learn from CFOs? Hear the success stories of Vusi Thembekwayo, Global Business Speaker, Jo Pohl, CFO Telesure, Shabeer Khan, CFO Department of Trade & Industry, Samantha Pokroy, Founder & CEO at Sanari Capital, Luvuyo Masinda, deputy CFO, CIB Standard Bank and Polo Radebe. Owner IDF. Let’s combine the network, experience and capital of the corporate world with great ideas and entrepreneurship. 17.30 Round Table discussion - Better governance, better business, better South Africa Join us as we discuss the role of government entities in becoming the enablers of better business in South Africa. What can public sector CFOs do to contribute to and enable business across South Africa? How can CFOs play a more active role encouraging entrepreneurial behaviour while setting the tone in their own environments? Join us as we tackle this critical topic during Global Entrepreneurship Week. 19.00 CFO Café Interact, learn, connect and discuss the challenges that you are facing with your peers over a drink at the CFO Café. Build your network and meet other top CFOs and financials. We offer you a great afternoon of peer to peer discussions and knowledge sharing. Register here now. Sponsors CFO South Africa Event: 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, Alexander Forbes 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. Call for Speakers - Finance Indaba Africa 2016 13 & 14 October 2016, Sandton Convention Centre. Visit Finance-Indaba.co.za and boost your profits by 100%. Finance Indaba Africa is the biggest annual exhibition and conference for financial managers and specialists in Africa. It brings together peers, advisors, technology suppliers, banks, platforms, tools, CFOs and thought leaders. Over 5,000 visitors tap into a wealth of resources, knowhow and inspiration. We are calling for speakers Are you enabling businesses to cut costs, boost sales, productivity and company profits? Then share your ideas at the Finance Indaba and help the country grow. Please contact Graham Fehrsen at [email protected] or at +27 11 083 7515. Read more about the call for speakers and see the Business Day advertisement. Diamond Sponsors Read the first CFO Magazine South Africa 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? Read the latest insights from the CFO Award winning CFOs: Simon Ridley, Standard Bank, Anoj Singh, Transnet, Colin Brown, Super Group and Aarti Takoordeen, JSE and also featured interviews with Sizwe Nxasana, CEO Firstrand, Mike Brown, CEO Nedbank, Brett Goschen, CFO MTN, Brooks Mparutsa, CFO Hollard and Irene Singo, CFO Dep. Mineral Resources. As our online member we would like to give you the opportunity to read the first ever CFO Magazine South Africa online and free of charge HERE. Would you like to advertise in the next issue out November? Please contact Jurrien Morsch at [email protected] or at +27 11 083 7515. CFO Awards 2016 - Reserve your table now Buy a table for the CFO Awards and meet 300 of South Africa's leading CFOs. Demonstrate thought leadership, extend your network and develop business. You are seated with CFOs and finance directors from the top companies of South Africa. You are also more than welcome to join the CFO Conference preceding the CFO Awards dinner with your colleagues. Join us Thursday 12 May 2016 at the beautiful Summer Place. Don't wait too long, first come, first served. Become a partner or attend with your finance team and buy a table 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 & Fintech Events in 2015 Nov 19 Johannesburg | House of the future Nov 24 Johannesburg | CFO South Africa Track - Oracle Cloud Day 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. 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, LinkedIn and Facebook Stay up to date on what is happening in the world of finance by following us on Twitter @CFOSouthAfrica, LinkedIn and Facebook. 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, Graham Fehrsen Managing 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"