Author: Caylynne FourieCaylynne Fourie is the managing editor at CFO South Africa. She has been delivering excellent content to the CFO community in a full-time capacity since March 2019, and as a freelancer for a year before that. She enjoys engaging with finance professionals and telling their stories through the variety of media in the CFO South Africa stables, including the CFO.co.za website, CFO Magazine, webinars, podcasts and other virtual events.
Articles by Caylynne Fourie
Nominate the CFOs that inspire you most to be recognised at the 2022 CFO Awards
The CFO Awards recognise top CFOs for outstanding performance and excellent leadership.
Capitec co-founder, CFO and FD André du Plessis retires
Grant Hardy has been identified as the successor CFO that will take over from retiring André du Plessis in June.
Being the CFO of Hyundai is a car fanatic’s dream come true, believes Thinus Venter
As the CFO of Hyundai South Africa, Thinus gets to enjoy many perks along with the challenges in his industry.
Masslift Africa’s commitment to uplifting South Africa sees it reach B-BBEE level one status
CFO Thembi Mazibuko says this achievement is proof that Masslift is committed to real transformation.
Wescoal Holdings sees impressive level of cash generation, says CFO Jubilant Speckman
The coal miner has reported a R2.67 billion revenue for the half-year and plans to diversify more.
CFO Rob Aitken is proud of the progress on Tongaat Hulett’s turnaround strategy
Tongaat Hulett embraces new growth initiatives on the back of a 5 percent revenue increase.
CFO Deon Smith proud of Thungela Resources’ solid results in just a short period of time
Deon Smith looks back at the 2021 financial year ahead of Thungela Resources’ annual results.
IRMSA welcomes call to accelerate Covid-19 vaccine administration, says CEO Pat Semenya
Pat Semenya explains that to save lives and the economy, we must pick up the pace of vaccination.
Tiger Brands making progress to position itself for long-term growth, says CFO Deepa Sita
The group has seen growth in its operating income and across its various revenue streams for the year.
Premier Fishing and Brands builds on resilience of 2020, says CFO Brent Roberston
The group has risen to the challenges of toughened environments and reported a revenue of R575 million.
Netcare CFO Keith Gibson says improved trading profit margins have been encouraging
Netcare saw a nine percent profit margin for hospital and emerging services, and over six percent for primary care.
Omnia sees revenue growth in face of challenging environment, says CFO Stephan Serfontein
The group has seen a strong demand for its products and services across its mining and agriculture businesses.
FCTG CFO Euan McNeil to take on MD South Africa role
Euan McNeil will take over from Andrew Stark as the MD of Flight Centre Travel Group’s South Africa region.
CFO Dumisani Dlamini promoted to SANParks acting CEO
Dumisani plans to guide the conservation authority to a full revenue recovery after the Covid-19 impact.
Barloworld driving intrinsic value, says CFO Nopasika Lila
Barloworld has more than doubled its operating profit for the financial year and resumed its dividend payments.
Trematon sees more revenue contribution from school fee income, says CFO Arthur Winkler
The investment holdings group plans to shift its focus to school fee income initiatives during 2022.
Sheldon Friedericksen resigns as Fedgroup CFO after Young CFO of the Year win
Sheldon, who was recognised during the 2021 CFO Awards, will join SA Taxi in 2022.
CFOs learn that in order to solve issues on Earth, we need to look off-world
During the 2021 CFO Awards, Dr Adriana Marais explained the importance of resource management.
South Africa’s leading CFOs honoured at dazzling 2021 CFO Awards
Eight outstanding CFOs scooped top honours at the stunning gala dinner held at the Inanda Club.
Dimension Data pays homage to CFOs who embrace technology at 2021 CFO Awards
Lauren Wortmann explains that Dimension Data is inspired by CFOs who partner with IT to drive business value.
OneStream cheers CFOs who build high-performing teams at 2021 CFO Awards
OneStream’s Pieter van Zyl says it takes a village for any organisation to perform at its best.
Demand for healthcare services drives growth for Mediclinic, says CFO Jurgens Myburgh
Jurgens explains that Mediclinic has seen a return to pre-pandemic level revenues in the last six months.
Why SAA's interim CFO Fikile Mhlontlo is the man for the job
Fikile Mhlontlo found a new purpose when tasked with returning SAA to the skies as its interim CFO.
Sappi’s return to profitability a result of strong demand recovery, says CFO Glen Pearce
The pulp and paper company reported a profit of $13 million for 2021, after a $135 million loss in 2020.
These CFOs are more than just accountants
This International Accountants Day, we celebrate the CFOs who have redefined the accountancy role.
Accenture backs “good governance” at 2021 CFO Awards
Accenture’s Dzingira Matenga explains that good compliance and governance can add value to any organisation.
Covid-19 has catapulted CFOs to the digital leaders of business
Workday's Fred Portal unpacks how Covid-19 has forced organisations to accelerate their digital transformation strategies.
Afrimat experiences exceptional growth, says CFO Pieter de Wit
Afrimat’s three business segments saw a return to pre-Covid-19 volumes of operation.
Standard Bank recognises CFOs who see opportunities in Africa at 2021 CFO Awards
Clive Potter says to recognise a CFO who has the same vision as Standard Bank is a great opportunity.
Impact of Covid-19 on clients reflects in Adcorp results, says CFO Noel Prendergast
The group has reported a 5.4 percent decrease in revenue, but expects it to improve as the market recovers.
Cell C’s Zaf Mahomed says new operating model will prove beneficial in the longer term
The CFO explains that the new model will be offset by savings in network capex, lease payments and more.
Coupa Software acknowledges CFOs’ work to transform and adapt at 2021 CFO Awards
David Hamilton says it's important for CFOs to keep up with the pace of change globally and regionally.
Umongo Petroleum not part of Omnia’s sustainable future, says FD Stephan Serfontein
Omnia has sold 90 percent of its stake in Umongo Petroleum as part of its new turnaround strategy.
CFO Etienne le Roux’s simplified approach to Metropolitan Retail’s “Reset and Grow” strategy
Having grown up on a farm in Villiersdorp, Etienne tries to take a very pragmatic approach to his work.
Doing good business pays off as EOH goes from loss to profit, says CFO Megan Pydigadu
The technology services group has reported a R1.3 billion loss in 2020 to R150 million profit in 2021.
Altron on the way to achieving 2.0 strategy, despite challenging operating environment
CFO Nicholas Bofilatos explains that the group had been negatively impacted by two of its operations.
Ryan McDougall chasing opportunities in South Africa
After working abroad for many years, Ryan McDougall returned to South Africa in 2019.
A2X expects to break even by 2023, says CFO Otsile Matheba
A2X Markets has seen two record trading months and growing interest in secondary listings in South Africa.
Zeder plans a strategic shift after improved results, says CEO and FD Johann le Roux
The group has seen positive profit growth from R296 million to R492 million for its 2021 half-year results.
CFOs captivated by Nhlanhla Nene’s keynote at Finance Indaba Conversations launch
Former finance minister Nhlanhla Nene urged finance and government to work together.
Air Liquide CFO Taki Nkhumelani takes up European role
Air Liquide CFO Taki Nkhumeleni goes to Paris as the Europe LIM Program Director.
Global logistics property trends continue to reflect in Equites results, says CFO Laila Razack
The property fund has seen strong results from the attractive development pipeline of logistics properties.
Altron sells People Solutions business to focus on Altron 2.0 strategy, says Nicholas Bofilatos
The group CFO explains that Altron People Solutions doesn’t fit in the Altron 2.0 strategy of being capital light.
CFO Community Conversation reveals how CFOs can evaluate the ROI of enterprise software
Quantimetrics’s Bram Meyerson explains how CFOs can see the value for money when investing in software.
Prudent financial management pays off for Growthpoint, says CFO Francois Schindehütte
Francois explains that a strong balance sheet and liquidity demonstrates the sustainability of Growthpoint.
Nico Esterhuizen and David Brown explain how JAM South Africa had to step up during crises
The JAM CFO and country director unpack the NGO’s efforts to help South Africans in tough times.
Alaris Group’s customer-centricity pays off, says CFO Elsie Müller
The technology holding group has reported a HEPS increase of 50 percent.
RMI Holdings CEO and FD Herman Bosman says restructuring marks a significant milestone
The group plans to unbundle its Discovery and Momentum Metropolitan assets, along with a rights issue.
Bongi Ngoma looking forward to her new role as head of audit at AGSA
CFO Bongi Ngoma was promoted to head of audit at the Auditor-General of South Africa in June.
Stadio sees increased demand for higher education says CFO Samara Totaram
The group has reported an 11 percent increase in first semester students to for the six months ended 30 June.
Landi van Staden decided to remodel the CFO role during Covid-19
As the CFO of Cape Union Mart, Landi took the opportunity to mould the role to be more people-centric.
OneStream Software looking to new geographies for growth, says CFO Bill Koefoed
OneStream, which has seen massive success in its current geographies, is looking to expand into new geographies.
Sun International sees “credible results” as lockdowns ease, says CFO Norman Basthdaw
The hospitality company has seen significant improvements following the easing of Covid-19 restrictions.
CFO Ridwan Gany shares his lessons for making a strong entrance
The Petrocam CFO unpacks his experience of expanding into markets with dominant incumbents.
CFO Casper Troskie accredits Old Mutual results to “combination of right solution sets”
The group’s diverse business model enabled Old Mutual to deliver a solid set of half-year results.
CFO Community Conversation reveals what the future of aviation looks like
SAA’s Fikile Mhlontlo and Lanseria’s Mpolaheng Mohlopi unpack what the future of the aviation industry will look like.
Webinar proposes new mantra for finance: Connect, navigate, mediate and build resilience
PwC’s Grant Searle and Workday’s Zuko Mdwaba explore the six topics shaping CFOs’ agendas.
Group FD Arno Daehnke pleased with Standard Bank’s growth
Standard Bank Group has seen positive recovery in its financial results for the first half of 2021.
Visionary Woman Leader Inge Mulder paving the way for women
As the only female executive at SANRAL, Inge is passionate about empowering the women around her.
Tongaat Hulett CFO Rob Aitken unpacks climbing mountains “one step at a time”
Rob unpacked his journey over the past two years during a CFO Community Conversation.
Webinar reveals that digital transformation is an inclusive metamorphosis
Human-centric digital transformation elevates humans by helping them reclaim time to do strategic work.
Visionary Woman Leader Abigail Mukhuba taking on a whole new world
With a new job in a new industry and a new baby, Abigail has spent the last 18 months relearning.
What has been keeping CFO Bradley Wentzel up at night
Brad explains that, during the hard lockdown, he had to replan Douglasdale Dairy’s strategy daily.
Webinar reveals that digital transformation and support structures improves diversity
Leading women in finance and technology reveal that inclusion starts long before women enter the workforce.
Women’s Event reveals that women need to keep resetting boundaries
CFOs share how they have had to reset their boundaries since working from home.
Visionary Woman Leader: Zoliswa Mashinini isn’t just the CFO of G4S South Africa, but dons various different hats
Zoliswa has had to wear sales, risk and operation leadership hats throughout her career at G4S South Africa.
Nicholas Bofilatos ready to take Altron forward as its new CFO
Nicholas has played a key role in developing the new Altron 2.0 business strategy and is ready to take it even further.
Jodi Joseph, pivoting with style
Jodi Joseph, divisional executive at CaseWare Africa, Adapt IT, says women have the ability to set their own trajectory.
Vodacom Group CFO Raisibe Morathi shares what has been keeping her up at night
Digitisation and the Covid-19 pandemic are only some of the challenges Raisibe has faced this last year.
CFO Craig Miller proud of Amplats’s record contribution to South Africa
The group has spent R39.2 billion on its stakeholders and economic contributions for South Africa.
Distell proves its resilience despite alcohol bans and civil unrest, says CFO Lucas Verwey
Not only does the group expect revenue growth, its debt levels have also improved beyond pre-Covid-19 levels.
Tencent CFO Tramayne Monaghan introduces Telkom Music Powered by JOOX
The new music streaming app comes at a time when the cost of data “pinches hard”, says Tramayne.
Don’t underestimate the resilience and dedication of South Africans, says CFO Mark Gounder
Mark says the support Hulamin has received to resume operations is an example of the country’s resilience.
CFO Reeza Isaacs unpacks Woolworths’ new digital approach
Reeza believes that Woolworths’ investment into online services has pointed the business in a new direction.
Sage’s Jordaan Burger: Businesses to play a critical role in rebuilding South Africa
The Sage EMEA VP says South Africans can deal with adversity and will bounce back.
TFG on the road to recovery after civil unrest, says CFO Bongi Ntuli
Bongi says that TFG will start to rebuild and restock their stores that were affected by the recent civil unrest.
CFO Mark Stirton encourages South Africans to build a better tomorrow
Mark says that South Africans should work together during this time of civil unrest.
Sappi FD Pramy Moodley says despite disastrous state of affairs, there is hope
Sappi Southern Africa has suspended several of its operations due to the civil unrest across South Africa.
CFO and CHRO Community Conversation explores mental health during times of unrest
Dr Chris van Straten and Dr Stavros Nicolaou highlight the impact of Covid-19 and the civil unrest on mental health.
CFO Reeza Isaacs says Woolworths expresses sadness over civil unrest in South Africa
Eleven Woolworths stores have been looted and severely damaged in KwaZulu-Natal and Gauteng, Reeza says.
CFO Kim McFarland shares Ninety One’s journey to a net zero emissions goal
Ninety One has an obligation to help curtail disruptive climate change and ensure sustainability, says Kim.
Tongaat Hulett CFO Rob Aitken: Refinancing debt facilities was critical to release a clean audit
Rob explains that it took extraordinary effort from the finance teams to refinance the debt facilities.
Podcast reveals that CFOs can identify opportunities and risks using cloud-based technologies
Sage’s Gerhard Hartman and AWCape’s Jeff Ryan explore the benefits of using cloud-based technologies.
Simon Adams and Brad Wentzel reveal how they learned to be flexible during lockdown
Simon and Brad explained what it took to shut down operations or to operate as an essential service.
CFO André du Plessis reveals that Capitec’s success is its client-centricity
CFO Community Conversation participants heard about the benefits of a client-centric business model.
CFO Yolande van Biljon says SABC’s profitability illustrates the potential for financial self-sustainability
The embattled broadcaster reported a monthly profit for April 2021 for the first time in five years.
CFO André du Plessis shares how Capitec took care of its clients during Covid-19
Capitec made sure to understand the impact of Covid-19 on its clients, and to act accordingly.
CFO Nick Thomson says Reunert continues to have a strong, un-geared balance sheet
Reunert has reported a significant recovery of its results due to its electrical engineering segment.
CFO Masibulele Dem says there is scope for improvement in Hulisani results
Masibulele explains that, while they continue to reduce costs, there is room for higher reductions.
Astral Foods reports an increase in revenue, despite the challenges of the last year
CFO Daan Ferreira says that Astral’s results were largely affected by increased feed costs.
CEO Mpho Mookapele uses her youth to lead the EWSETA
Mpho explains how she was recognised as a leader for EWSETA, despite her youth.
AEEI’s crisis management softened impact of Covid-19, says CFO Jowayne van Wyk
Jowayne says that cost and margin management minimised a more acute negative set of interim results.
CFO Kim McFarland says Ninety One kept focus despite the challenges of Covid-19
Ninety One saw positive results when asset prices recovered after the impact of Covid-19.
CFO Craig Miller charting a course at sea and in business
Craig has had to weather storms as he navigated Covid-19 and got his skippers license in 2020.
Mediclinic in a strong position despite Covid-19 impact, says CFO Jurgens Myburgh
The implementation of various liquidity preservation measures has left Mediclinic in a strong position.
Nopasika Lila says Barloworld’s recent acquisitions have started to pay off
Barloworld saw a 6.5 percent revenue increase, partially due to its two new acquisitions in 2020.
Rhett Finch credits his early success to his team at King Price Insurance
Rhett shares how he fast-forwarded his career from King Price’s CFO to deputy-CEO before the age of 40.
CFO Waldi Joubert unpacks Calgro M3’s return to profitability after three challenging years
The group’s gross profit margin has recovered to 12.3 percent as a result of its new strategy aimed at sustainability.
CFO Ntobeko Nyawo says Redefine will focus on liquidity
Ntobeko says Redefine is in a strong position to benefit from future growth in the property sector.
Dineo Molefe says that CFOs need to intentionally invest in their futures during podcast
As the world of work changes, CFOs need to rethink their skills and the talent that they bring into business.
Sam Hopwood: CFOs are playing the same game, but the pitch has changed
The Mars South Africa CFO believes that CFOs need to be much more agile in the new world of work.
CFO Innocent Gumbochuma’s restaurant shifts his focus away from finance
Innocent says running a restaurant is a completely different occupation from finance and lets him be creative.
CFO Glen Pearce: Weathering Covid-19 with a new strategy and strong team
The Sappi CFO and his team introduced a new strategy that steered the company through the Covid-19 crisis.
Kobus Gertenbach shares his vision for Premier FMCG as its new CEO
Premier FMCG has appointed its group CFO Kobus Gertenbach as its new CEO.
Jen McDonald making the digital transformation case at Deloitte Africa
Jen explains some of the benefits of going on a digital transformation journey to transform the finance function.
KPMG SA partners with ABASA to provide market exposure to smaller black-owned firms
KPMG South Africa is the first, and only, big auditing firm to enter into an agreement like this.
eThekwini CFO Krish Kumar set to retire after 40 years of service
Krish says he leaves on a high, with the eThekwini Municipality's finances doing better than ever.
Fundrr CFO Jarred Noche doesn’t want to be just another small fish
Jarred knew from a young age that he wanted to be an entrepreneur instead of a cog in the machine.
Government approves appointment of Nomkhita Mona as SAPO CEO
Along with SAPO, the Passenger Rail Agency South Africa will also be getting a new CEO.
When the going gets tough, the tough get going
FEM CFO Yusuf Bodiat has faced many challenges in his career, but kept going despite being knocked down.
South Africa heightens focus on promises vs delivery after SONA
The State of the Nation Address reveals plans for economic growth and recovery.
Travers Cape is ready for the next step in his career as CFO of Nu-World
Nu-World Industries has appointed Travers Cape as its new CFO and interim company secretary.
Netstar launches online telematics training hub for finance and insurance professionals
New CPD programme allows financial services providers to complete online training courses.
Glen Pearce most proud of Sappi’s ability to respond to challenging environment
Sappi’s profitability in all reporting segments exceeded expectations in the FY2021 first quarter.
The impact of Covid-19 on financial reporting (Part 1)
SoluGrowth unpacks how your business’s accounting is likely to be affected by Covid-19.
Pieter de Wit urges people to focus on the positive
The Afrimat CFO says that the biggest lesson from 2020 was that the business environment keeps changing.
JAM CFO Nico Esterhuizen gets married during Covid-19 lockdown
On 6 December 2020, Nico took the opportunity of eased lockdown restrictions to get married.
Technology, part of the CFO’s DNA, says Dumisani Dlamini
Dumisani says that technology has become an integral part of his role as the CFO of SANParks.
Discovery Health’s Brett Tromp hopes to have an impact in 2021
The CFO looks forward to giving people hope again and making others see the value of their health.
This year’s first CFO Community Conversation affirms “local is lekker” for SA business
TFG CFO Bongiwe Ntuli shared how the company has put their employees first, even during Covid-19.
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