Author: CFO South Africa
Articles by CFO South Africa
US-based Gatos Silver appoints André van Niekerk as CFO
The South African joins Gatos Silver from Nevada Copper Corporation from 1 July.
Discovery lists on A2X Markets
The secondary listing on A2X will provide Discovery’s investors with the benefit of an additional trading platform.
Yusuf Bodiat nominated for 2022 CFO Awards
The FEM CFO joins the list of 2022 CFO Awards nominees competing for the CFO of the Year title.
Mpolaheng Mohlopi nominated for 2022 CFO Awards
The Lanseria CFO joins the list of 2022 CFO Awards nominees competing for the CFO of the Year title.
Is this the end of the CFO role?
CFO South Africa webinar reveals why the chief value officer is the coolest new addition to the C-Suite.
Thungela expects strong results despite rail performance issues, says CFO Deon Smith
The coal mine has benefited from coal price increases, but continues to face disruption from rail and economic issues.
Riaan Davel nominated for 2022 CFO Awards
The DRDGold CFO joins the list of 2022 CFO Awards nominees competing for the CFO of the Year title.
Finance Indaba Online discussion to unpack in-house vs. outsourced finance functions
Sharon Naidoo, Hannes Boonzaaier and Zakhe Khuzwayo will explore the impacts of in-house and outsourced functions.
Lerena Olivier nominated for 2022 CFO Awards
The PnP CFO joins the list of 2022 CFO Awards nominees competing for the CFO of the Year title.
Finance Indaba Online discussion to reveal what comes after Covid-19
With all our plans down the drain, Tinyiko Sihlangu and Rika Hopley will reveal what comes after the pandemic.
Network Finance to address critical industry issues at Finance Indaba Network
The specialist recruitment company will be showcasing at this year’s online and live Finance Indabas.
EIMS Africa project CFO Tasneem Khan takes on CEO role
Having been in the finance space her entire career, Tasneem is ready for the challenge of being CEO.
Find out how to turn your biggest mistakes into successes at the Finance Indaba Online
Buhle Hanise, Jubilant Speckman, and Marlé van der Walt will reveal their greatest errors and lessons.
Finance Indaba Online to explore whether ESG is just hype or the real deal
Arno Daehnke, Raj Nana, Rebecca Pole and Devrani Moonsamy will unpack the importance of ESG in business.
Julian Palliam nominated for 2022 CFO Awards
The Foskor CFO joins the list of 2022 CFO Awards nominees competing for the CFO of the Year title.
Ruwayda Redfearn takes up CEO role at Deloitte Africa
Ruwayda takes over as Lwazi Bam steps down from his 28-year tenure with the firm.
Tyme Group CFO David Pfaff promoted to CEO
David will be taking over from Coen Jonker, and will move to the company’s head office in Singapore.
Prioritising finance: key to successful ERP
Decision Inc's Desmond Struwig says finance leaders need to put their business strategy first.
Boipelo Lekubo nominated for 2022 CFO Awards
The Harmony Gold FD joins the list of 2022 CFO Awards nominees competing for the CFO of the Year title.
Tongaat Hulett appoints David Noko as interim chairperson
David steps in for Louis von Zeuner, who won’t be available for re-election as chairman.
Clarissa Appana unpacks Lafarge’s digital innovation journey
Clarissa told CFO Day attendees that Lafarge is on track with digital innovation, but is not moving fast enough.
Sitho Mdlalose to take up MD role at Vodacom South Africa
Sitho has previously served as the FD of Vodacom SA, along with other executive leadership roles.
CFO Sam Hopwood’s move to North America is in line with his large-scale development plan
Sam is looking forward to expanding his skills and learning about a large-scale market like the US.
Bauba Resources appoints Berrangé Nelson as new FD
Berrangé takes over from previous CFO Jonathan Knowlden, who has been appointed as CEO.
Lofty Brainchild to showcase software solutions at Finance Indaba Network
The financial reporting software company will be showcasing at this year’s online and live Finance Indabas.
Finance leaders get taken on an emotional rollercoaster at this year’s CFO Day
The day was filled with horrifying stories, uncontrollable laughter, inspiring serenades, and more!
CFOs interrogate their role in an automated world at CFO Day
Finance leaders discussed how their companies are dealing with the evolution of automation.
Mweb welcomes acting co-CFOs Johan Jordaan and Lizette Loxton
Johan and Lizette will be taking over from CFO Imraan Parker, who leaves Mweb at the end of June.
Nonkululeko Nyembezi steps in as Standard Bank chairman-designate
Nonkululeko will be taking over from retiring chairman Thulani Gcabashe at the end of May.
Andre Nel excited to join Lumicks as it expands its operations around the world
South Africa Andre Nel has been appointed as Amsterdam-based Lumicks’ new CFO.
Supply chain disruptions pose new opportunity for Equites, says CFO Laila Razack
Laila explains that the property industry is benefiting from retailers looking to strengthen their supply chains.
Kyle Paulsen takes up head of group finance role at Takealot.com
Kyle, who previously served as the e-commerce business’s finance manager, has been promoted.
Transparent supports CFO community at annual CFO Day and CFO Awards
The recovery systems company will be sponsoring CFO Day and one of 10 awards at the CFO Awards.
Gold Fields’ strong balance sheet earns it a credit rating upgrade, says CFO Paul Schmidt
The gold mine has been upgraded from a BBB- rating to a BB+ rating by S&P Global Ratings.
FD Rob Nicolella joins Frontier board as non-executive director
Rob now serves on the Frontier board, as well as on the Impact Oil and Gas and Tsogo Sun Hotels boards.
5 CFOs celebrate their workers
George de Beer, Abigail Mukhuba, Adri Führi and more reveal how they are meeting their people’s needs.
Premier Fishing appoints Sooren Ramdenee as new CEO
Sooren will be taking over from exiting CEO Rushaan Isaacs at the end of May.
The IIA SA has signed up for the Finance Indaba Network
The professional body will be exhibiting at both the online and live Finance Indabas this year.
Finance professionals at top of Africa Wealth Report
Twenty-eight percent of South Africa’s 39,300 millionaires studied finance and accounting.
MAS Real Estate appoints Raluca Buzuleac as permanent CFO
Raluca takes over the CFO responsibilities from Irina Girgore, who has been promoted to CEO.
Jubilant Speckman resigns as Salungano Group CFO
Formerly known as Wescoal, Salungano Group bids farewell to its CFO, Jubilant Speckman.
Sappi CFO Glen Pearce says operational disruptions to be expected from KZN floods
Glen explains that while the material damage has been minimal, staff and supply chains have been affected.
CFOs can improve ESG through sustainable IT assets, says CFO Zakhe Khuzwayo
The InnoVent CFO and co-founder explains that companies need to adopt circular economy practices.
CFOs giving back to and uplifting the youth of South Africa
Find out how Senele Mbatha, Lucas Ndala, Brett Tromp and André du Plessis are helping the country’s youth.
Attacq recognised for its investor relations practices
CFO Raj Nana says Attacq is grateful to be awarded third place in the Intellidex Top Investor Relations Survey.
Finclusion signs up for Finance Indaba Network
The financial technology services business will be exhibiting at both the live and online Finance Indabas this year.
Harriet Heymans joins Sasfin as its new FD, with a passion for customer-centric banking
Harriet says she aligns with Sasfin’s commitment to add value to customers and contribute to society.
Grindrod Shipping CFO Stephen Griffiths takes on interim CEO role as well
Stephen steps in for retiring CEO Martyn Wade, and will retain his current role as CFO.
Vedanta Zinc to produce ‘green’ zinc in Northern Cape, says CFO Pushpender Singla
The zinc resources company has invested R7 billion in a new expansion project in the Northern Cape.
Tech expert Steven Sidley unpacks whether Bitcoin spells the end for financial institutions
A recent CFO Community Conversation unpacks the blockchain revolution and what it means for banks.
4Sight spends more on talent management amidst brain drain, says CFO
Eric van der Merwe says 4Sight has turned its focus to retaining talent in the technology sector.
Nedbank gives investors more trade options through A2X listing, says CFO Mike Davis
From April, the bank will be listed on A2X Markets, and the Johannesburg and Namibian Stock Exchanges.
Jo-Ann Pöhl leaves iOCO for global consulting company, Kearney
The iOCO group CFO has been appointed as Kearney’s new senior advisor.
Absa executive shake-up sees Jason Quinn take back FD role
Absa’s recent CEO appointment sees Jason Quinn step back into FD role, and Punki Modise move to RBB division.
Super Group reports excellent results despite macroeconomic challenges, says CFO
Colin Brown explains that the acquisition of LeasePan has significant scale benefits for Super Group.
Boitumelo Mosako nominated for 2022 CFO Awards
The Development Bank of Southern Africa CFO joins the list of 2022 CFO Awards nominees.
Ashraf Dindar nominated for 2022 CFO Awards
The CSIR CFO joins the list of nominees who will be competing for the prestigious CFO of the Year title.
Growth on the blueprints for the construction industry, says CFO John de Sousa
The GVK-Siya Zama CFO explains that the construction industry is expected to grow by 6.2 percent.
RCS deputy CFO Tonia Pavlou, advocates for gender equality in the boardroom
Tonia explains that gender equality in corporate leadership is not an obscure and idealistic concept.
AICPA & CIMA signs up for the Finance Indaba Network
The Association of International Certified Professional Accountants joins both the online and live Finance Indaba.
Deepa Sita nominated for 2022 CFO Awards
The Tiger Brands CFO joins the list of nominees who will be competing for the CFO of the Year title.
MTN South Africa plans to expand both 4G and 5G connectivity with new spectrum purchase
Group CFO Tsholofelo Molefe says the acquisition fits into MTN’s plan to prioritise investments in its network.
Metair able to navigate Russia-Ukraine conflict using Covid-19 lessons, says CFO
Sjoerd Douwenga explains that Metair’s experience will provide a buffer against ongoing supply chain challenges.
Dirk Viljoen nominated for 2022 CFO Awards
The Hollard Insurance CFO has been nominated for the Awards a second time.
Altron sells its Xerox agency to focus on its core ICT solutions, says CFO Nicholas Bofilatos
The sale, which is in line with the group’s new Altron 2.0 strategy, will be used to pay Altron’s debt.
Old Mutual Insure FD Thuli Manyoha resigns
After four years with the company, Thuli has resigned as Old Mutual Insure’s FD.
Oxalys joins Finance Indaba Network
The procurement solutions company will be exhibiting at both the live and online Finance Indabas.
Sandile Ntsele nominated for 2022 CFO Awards
The “solution finder” CFO joins the list of Awards nominees for his role at Liquid Intelligent Technologies.
Liberty FD Yuresh Maharaj appointed as new CEO
Yuresh becomes CEO of Liberty Holdings as David Munro joins the Standard Bank board.
Leadership shake-up on the cards for RBPlat as it appoints acting CFO, Rotshidzwa Manenzhe
The group has announced that its CEO and COO also plan to leave, following on the heels of exiting CFO.
Mzansi Meat at forefront of re-imagining food systems, says CFO Tasneem Karodia
The company has successfully produced a cultivated beef burger by harvesting cells from animals.
MTN focused on driving digital and financial inclusion across Africa in 2022, says Ralph Mupita
The CEO and 2019 CFO of the Year says MTN has exceeded most of its medium-term targets.
Sean Doherty nominated for 2022 CFO Awards
The Transaction Capital CFO joins other finance leaders on the list of this year’s CFO Awards nominees.
Eskom concerned about rising fuel prices amidst Russia-Ukraine conflict, says Calib Cassim
The CFO stated that Eskom may not be able to afford diesel anymore if prices continue to rise.
eThekwini municipality sees improvement in revenue collection, says CFO Sandile Mnguni
The CFO explains that, despite the impact of Covid-19 and the civil unrest, revenue collection is back on track.
Sasfin has seen a period of innovation and growth, says FD Angela Pillay
The group has reported a 103.9 percent increase in headline earnings, and plans to innovate even more.
Grindrod sees good results due to record mineral volumes, and people, says FD Fathima Ally
Fathima explains that Grindrod stuck with its operations strategy, despite impeding external factors.
A better geographical spread of vaccine manufacturing necessary, says CFO Craig Mitchell
Biovac has announced plans to increase its local manufacturing with the support of nine institutions.
Deon Smith nominated for 2022 CFO Awards
Thungela Resources CFO Deon Smith has been nominated for the 2022 CFO Awards.
Virgin Active promotes South Africa MD Mark Field to group CFO
Mark will take on the role of Virgin Active CFO when a successor for his current role has been appointed.
Jonathan Bigham to step in as Balwin Properties’ new CFO
The property group has appointed Jonathan Bigham as the successor to exiting CFO Jonathan Weltman.
Boardroom simulation shows CFOs and CHROs need to walk the talk on ESG matters
Leading executives unpacked a scenario of failing ESG commitments, and workshopped possible solutions.
SABC doesn’t intend to ask for further bailouts, says CFO Yolande van Biljon
The broadcasting agency plans to break even or profit in the next three financial years.
ESG is not a new concept, but it comes with new urgency, reveals Finance and HR Summit
Leading CFOs and CHROs concluded that it is their place to champion ESG in their organisations.
Implats identifies new renewable energy projects amid carbon tax changes
CFO Meroonisha Kerber says Implats is not only trying to manage cost, but to move towards carbon neutrality.
Pembury Lifestyle Group appoints Cordelia Sachiti as new FD
Cordelia, who has been with the group since 2012, will be taking over from exiting Thabo Tshepuwane.
CFO Finhai Munzara expects investment in data centres to grow
Finhai explains that Africa’s internet economy is projected to reach five percent of the country’s GDP.
Mark Stirton nominated for 2022 CFO Awards
Mr Price Group CFO Mark Stirton joins the list of nominees for the 2022 CFO Awards.
WG Wearne appoints Albrè Badenhorst as interim FD
Albrè will be taking over from exiting Norman Janse van Rensburg until a permanent FD has been appointed.
Claire Cobden to develop growth initiatives in Cowi’s North American markets
South African Claire Cobden has been appointed as the new CFO of international consulting group Cowi.
Tinyiko Sihlangu nominated for 2022 CFO Awards
Royal Bafokeng Holdings FD Tinyiko Sihlangu joins the list of 2022 CFO Awards nominees.
Eskom to come to terms with tariff increase, says CFO Calib Cassim
Nersa has granted a tariff increase of 9.61 percent instead of the 20.5 percent Eskom requested.
Emerald Risk Transfer appoints new CFO and CEO
The Santam subsidiary has promoted Carla Jordan to CEO, with Nonte Nzimakwe taking over as CFO.
JSE-listed Oando appoints Adeola Ogunsemi as its new CFO
The new CFO brings over 20 years of oil and gas industry experience to the energy solutions provider.
AngloGold Ashanti CFO Christine Ramon set to retire after difficult year
After her retirement in June, Christine plans to devote more time in the near term to her children.
Bradley Wentzel nominated for 2022 CFO Awards
Douglasdale Dairy CFO Bradley Wentzel joins the list of 2022 CFO Awards nominees.
JSE appoints Carmini Kander as acting CFO
Carmini will be taking over from Aarti Takoordeen in an acting role until a new CFO has been appointed.
Arno Daehnke nominated for the 2022 CFO Awards
The Standard Bank chief finance and value management officer has been nominated for the second time.
Zoho Expense signs up for Finance Indaba Network
The travel and expense management company will join both the online and live Finance Indabas.
Aarti Takoordeen named AECI’s new CFO
Aarti, who has been CFO at the JSE for the last nine years, has been appointed as the new CFO at AECI.
South African Kim Cotter becomes first female CFO for Don Sebastiani & Sons
The Sonoma Valley winery has appointed Johannesburg-born Kim Cotter as its new CFO.
Risto Ketola nominated for 2022 CFO Awards
Momentum Metropolitan group FD Risto Ketola has been nominated for the CFO Awards for the second time.
Oceana Group says goodbye to two top executives in less than a month
Oceana’s CEO Imraan Soomra has tendered his resignation shortly after the suspension of its CFO.
TUHF and Standard Bank social bond wins 2022 Deal of the Year award
CFO Ilona Roodt says the award bodes well for investors’ confidence in TUHF and builds its credibility.
Former finance minister Tito Mboweni returns to Goldman Sachs as regional advisor
For his second stint at the bank, Mboweni will advise on business development opportunities in South Africa.
Umgeni Water sees more executive changes with new CFO appointment
Thamsanqa Mkhwanazi has been appointed as the water supplier’s new CFO and debt officer.
Access Bank’s Chrisanthi Michaelides returns to CFO role following new CEO appointment
The bank has appointed Sugendhree Reddy as its new CEO, seeing Chrisanthi step back into her CFO role.
WG Wearne FD Norman Janse van Rensburg resigns
Norman has been the FD of WG Wearne for a year, assisting in finalising outstanding financial information.
Senwes CFO Corné Kruger believes increased repo rate could hold benefits for agriculture
Corné says that the current rate of return is one of the best ever, which should lead to a lot of investment.
Tiger Brands CFO Deepa Sita joins Datatec board of directors
Deepa has been appointed as an independent non-executive director on the Datatec board.
Sirius Real Estate appoints Diarmuid Kelly as new CFO
Diarmuid will be taking over from Alistair Marks, who has been appointed as chief investment officer.
EPPF appoints Thandie Mashego as new CFO
Thandie will take over as the EPPF’s new CFO following the promotion of Shafeeq Abrahams to CEO.
eThekwini Municipality CFO Sandile Mnguni takes on debt officer role
Sandile will be taking up the debt officer role along with his CFO role, following the retirement of Krish Kumar.
3 CFOs unpack the challenges and opportunities the property industry faces
Raj Nana, Anabel Vieira and Ntobeko Nyawo have had to navigate significant changes in the property industry.
Avatar Agency appoints Mzamo Xala as new CEO
As the CEO, Mzamo plans to help the agency drive sustainable impact on people and brands.
New funding allows CompariSure to reshape online interactions, says CFO Matt Kloos
CompariSure has raised R15 million from HAVAÍC and 4Di Capital in a funding round.
Supply chain disruptions provide market growth opportunities, says CFO Ridwan Gany
The Petrocam CFO believes challenger brands across industries have an opportunity to make inroads today.
Kyle de Matteis to step in as Sabvest Capital’s new CFO
Currently the deputy CFO, Kyle will be taking over from retiring CFO Ray Pleaner in April.
Eskom CFO Calib Cassim calls for interventions to assist industrial customers with tariff hike
Calib urged the country to help industrial customers navigate the transition to cost-reflective electricity tariffs.
Capitec plans to reward long-term employees with shares, says CFO André du Plessis
Capitec will be issuing 625,000 shares to employees who have been with the bank for more than three years.
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