In July, South Africa’s trade surplus slid to R8.99 billion, some $688 million at the current rate of exchange, from a revised R10.56 billion surplus in June. This, according to data from the revenue agency.
Moreover, according to the South African Revenue Service, exports fell 8.7 percent, to R93.1 billion, on a month-on-month basis, while imports were down 8 percent, to R84.1 billion.
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Morné van Tonder is not only a highly skilled CFO, but someone who has navigated profound personal highs and lows. The depth of empathy, resilience and practical good sense in his leadership goes beyond the numbers to define international success for Pragma.
Praneel Nundkumar, group CFO for Mr Price, is a results-oriented finance leader who champions a ‘commercial CFO’ approach. He believes that finance leaders must transcend traditional roles and actively partner with CEOs to drive strategic business outcomes.
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