Covid-19 impact on wealth and employment crucial according to SA Wealth Report 2020
The impact of the crisis on South Africa will result in a poor wealth forecast for 2020/2021.
The impact of the crisis on South Africa will result in a poor wealth forecast for 2020/2021.
Also: Capitec enters unsecured vehicle finance market and AB InBev postpones SAB Zenzele B-BBEE.
Mixcorp CEO Mixo Kobe: Industries depend on transport and logistics to operate, so we must adapt.
Tourism was hard hit before social distancing and lockdown was announced. Recovery will be tough.
The CFO believes this will require human ingenuity, social compacts and solidarity resources.
Despite the economic challenges SA homes are facing, rate cut will provide some relief.
Finance leaders reveal that teams are becoming more innovative, in this week's CFO Conversation.
Remaining efficient while still investing in growth initiatives is a balancing act says Tiffany Boesch.
Finance leaders have no choice but to prepare themselves and their workplaces for the digitization revolution. Workplaces are already reaping the benefits of automation and AI, and to remain current, CFOs need to embrace self-education along with any formal training that they can lay their hands on.
I feel significant responsibility and accountability, the CEO-designate says.
Property Industry Group chairman Estienne de Klerk: We need to find solutions to benefit everyone.
Absa and FirstRand executive directors and prescribed officers take salary cuts to help Covid-19 fight.
The dairy is operating as an essential service, but safety has been ramped up.
Altron has a progressive outlook and had implemented work-from-home policies before lockdown.
Catherine's appointment follows the resignation of executive FD Johann Lemmer.
How we respond to this pandemic has been our greatest Thuma Mina moment, Leila Fourie says.
Finance execs agreed that keeping humanness in the dialogue is what's getting them through this.
CFO Megan Pydigadu says EOH has the right processes in place to manage the Covid-19 crisis.
Eric worked with the CFO and CEO to ensure the company's sustainable future amid Covid-19.
Emma has been serving as interim CEO after having served as CFO of the company.
CFO Reeza Isaacs is among executives taking an up to 30 percent paycut to support struggling staff.
Tsunzukani is an experienced finance executive and has served with Italtile since 2017.
Ted is a finance executive with almost 20 years of developing and emerging market experience.
Rhett has served in various finance roles at King Price since its launch in 2012.
She has served as the Department of Justice and Constitutional Development's COO and now CFO.
Innocent has been nominated for his role as Quality Countil for Trades and Occupations CFO.
Clinix Health Group's Elisa has over 15 years auditing, financial management and reporting experience.
She was nominated for the work she has done as the CFO of Adcorp Holdings.
Narriman is the first female FD of the V&A Waterfront with 20 years of corporate experience.
Nando's closes stores during Covid-19 lockdown, staff fully compensated during this time.
Ashley has been with the university since 2013 and serves on various boards within UCT.
Norman has worked in a variety of sectors, ranging from banking to hospitality.
With lockdown in full swing, essential service companies keep operating with additional precaution.
Gadi was born, raised and educated in SA before looking for career opportunities internationally.
This came with a caveat for attendees of the online CFO summit: Watch out for the Lawson Effect.
CFO 'Clean Audit' believes she is giving back to the community with this appointment.
Valter Adão challenged CFOs to use the crisis to make significant jumps forward in their businesses.
The group has also appointed Elizna Read as CEO after the joint resignation of former CEO and CFO.
You can invest in your career and keep your fertility options open using egg preservation.
She says that those in leadership positions must assist government in fighting the Covid-19 pandemic.
The President has not announced the promulgation date of POPIA, despite media claims.
With a pandemic reserve and R8 billion invested in zero-cost collars, Sanlam still to pay dividends.
With seven students in the top ten, the university takes first place in South Africa for the third time.
The struggling state-owned company faces liquidation as it says goodbye to CEO Siza Mzimela.
The company has also announced the appointment of new CEO Paul Hanratty.
Alexander Forbes will be the first company to test the new platform at their next AGM.
Markos joins FNB South Africa from RMB, where he has been serving in finance roles for 12 years.
The contribution is in partnership with the Motsepe Foundation, African Rainbow Minerals and Sanlam.
Markets are more likely to be punctuated by Covid-19 news flow, Leila said.
Also: Exxaro lists on A2X and MAS Real Estate delists from Luxembourg Stock Exchange.
Megan stayed the course despite the challenges EOH faces, believing she can make a difference.
Saki Macozoma will be taking over from Jabu Moleketi, who will be retiring from 21 July.
Mr Price, Wilson Bayly Holmes-Ovcon and Hulamin stop operations for the 21-day lockdown.
The portal will enable the public to know what their rights and responsibilities are during this period.
Having climbed the ranks from a cabin crew member to acting CEO, Zuks is ready to retire.
CEO Bernard Agulhas: The newsletter will contain key areas of guidance around Covid-19 impact.
Nine CFOs gathered for the first weekly conversation CFO South Africa will be hosting during lockdown.
South African mining companies are supporting the President's precautionary measures to stop Covid-19.
CEO Leila Fourie says that during this uncertain time the exchange will play an essential role.
Decision Inc's Kate McFarlane: AI and machine learning will make your reporting responsive to changing conditions.
Minister of finance Neal Rijkenberg says the emergency is due to the rapid spread of Covid-19.
Rian moved his family to the UK after the necessary travel became increasingly taxing on his family life.
The Group FD says there is a tremendous amount of work taking place to support clients during the outbreak.
Marius will continue in the role until 30 June to ensure a smooth handover.
Laurelle has been appointed as a non-executive director of Hosken with immediate effect.
Also: Taste Holdings going into voluntary liquidation and PSV Holdings goes into business rescue.
CEO Leila Fourie: This is a difficult time for global markets, communities and families all over the world.
Andrew's appointment follows the resignation of Andreas Heide and will take effect from 1 April.
Supporting this evolution, SAP Concur has partnered with CFO South Africa as an Executive Partner.
This foundation is made of a diverse tenant base, strong balance sheets and healthy cash flows.
CFO South Africa MD Joël Roerig on finding new ways to bring executives together during social isolation.
Hendrik du Toit: This marks a historical moment for Ninety One, despite extraordinary market volatility.
Tsholofelo's journey to group CFO of Telkom has been rough, but well worth it.
Sun International taking precautions but believes it's still too early to forecast Covid-19 impact.
Siphamandla will ensure ACSA provides world-class infrastructure to the aviation community.
Kim stepped down from her role as executive director at Investec to focus on her role as CFO.
South Africa-born Marna will be taking on the new role along with her role as Ivanhoe Mines' CFO.
Also: Evanstan Investments buys Tongaat Hulett shares and Tiso Blackstar Group sells Gallo Music.
Companies are increasing sanitisation, restricting and monitoring travel, and encouraging remote working.
Mike: The future is what we make it, and I am really looking forward to being a #FutureShaper!
CFO Rakesh Garach is one of the four new members on Grindrod Bank's board of directors.
Tari Labs' Cayle Sharrock: You have to value what blockchain gives you to justify the cost of running one.
Rob has been instrumental in establishing and communicating a clear vision and strategy for MTN.
Mark has been with the Spar Group for more than 24 years, serving in various finance roles.
Zaf relishes a challenge, and believes he's found a good one in the complex environment at Cell C.
Lyndy van den Barselaar encourages job seekers to extend their professional skill sets.
FD Risto Ketola: From a delivery perspective, the group is in better shape than it has been for years.
Also: SAP in talks to secure Ethiopia contracts and Tongaat sells starch business to Barloworld.
CFOs reveal how they are staying on top of the Covid-19 situation, and what they've done so far.
Colin's appointment will ensure the company returns to the apex of construction in South Africa.
Noma has extensive finance experience in industries ranging from mining to financial services.
Willie's appointment follows the resignation of interim CFO Graham du Preez.
Stephanus served as interim FD from August 2019 after being with the company for seven years.
She took on the Implats CFO role during a restructuring, just as she fell pregnant.
The hub is aimed at helping accounting and finance professionals find positions and develop their careers.
Andreas has resigned to emigrate and will be serving his last day at the company on 17 March.
Also: Shoprite, Equites Property Fund, Mahindra & Mahindra, and Ford looking at joint ventures.
CFO Yuresh Maharaj: Liberty's SA retail business had recorded a high number of early lapses.
Dion has been with RH Bophelo for more than three years and is also a senior-lecturer at UJ.
Wisdom's appointment comes into effect from 28 February, following Desigan Moodley's resignation.
It enables companies to list and raise funds for sustainability linked instruments and projects.
Neil Buckley, Apex BI: something CFOs should know about but all too frequently don't.
Keith chairs the finance and investment committee and working capital committee at Netcare.
Anél has served within the group for more than 18 years, including as CFO of Nedbank Capital.
Ashley Wood's tactile relationship with the company's products gives her edge at the Sorbet Group.
Also: SARB sells its stake in African Bank and Nampak disposes of glass business.
CFO Charl Keyter: The group had gone from a market capitalisation of R10 billion in 2013 to R120 billion in 2020.
Natascha's appointment follows the resignation of Chris Griffith and comes into effect on 16 April.
Graham, who has been with the company since 2016, has resigned to pursue other endeavours.
Trevor is filling the role until a replacement for Elton Bosch has been appointed.
Andrew's appointment follows the resignation of former group CEO Peter Oswald.
Griffith says the highlight of his long career at Anglo American is being able to end it at Anglo American Platinum.
Finance Meets HR Summit attendees believe CFOs can also be people people.
When you put people and finance together, you can create beautiful value for business.
Kanana's appointment follows that of Khensani Mukhari as the bank's CFO.
Our job is to execute against our value creation strategy, says incoming Redefine Properties COO Leon Kok.
Six partners have shown their support for finance and HR at the Finance Meets HR Summit.
SAB introduces SAB Zenzele Kabili, a B-BBEE scheme that will own R5.4b billion in AB InBev shares.
Accounting Made Easy's Mark Samowitz says the way accounting is taught is flawed, and he can fix that.
ClarkHouse Human Capital to partner with leading CFO community platform, CFO South Africa.