M&A Roundup: Net1 UEPS to grow SA operations and PepsiCo to take over Pioneer Foods
Also: Telkom calls for Vodacom-Liquid Telecom merger investigation and Intu Properties investor pulls out.
Also: Telkom calls for Vodacom-Liquid Telecom merger investigation and Intu Properties investor pulls out.
Neo Dongwana has been appointed as the chair of the Barloworld board.
DRDGold CFO Riaan Davel announces intentions to expand their Far West Gold Recoveries project.
Nishlan is an accomplished finance professional who has served with the Investec group since 2000.
At the Finance Meets HR Summit, leading executives take a look at how finance and HR are #StrongerTogether.
MRA gives members access to a world-class profession says SAICA's Freeman Nomvalo.
Experienced senior finance executive Brian Harvey's appointment will come into effect from 1 June.
Ramasela has been appointed as Avis Rent A Car Southern Africa's new CEO.
There is an opportunity for the private industry to invest in economic and infrastructure growth.
South Africa is viewed as a gateway to the rest of the continent says RMB's Nema Ramkhelawan-Bhana.
Bernardt is an experienced FD with a demonstrated history of working in the education and finance industry.
Also: Tongaat Hulett share price falls after suspension lift and TymeBank partners with Zion Christian Church.
Blake's Andre Bezuidenhout says that the current economic climate makes debt collection a priority.
Mukhari joins the bank with more than 20 years' finance experience in various sectors.
Rivasha joined Afgri and the agriculture industry in 2017 after a number of years in the food industry.
Zack has served as South Ocean Holdings since 2018 and his resignation comes into effect from 28 February.
This follows the appointment of Noel Doyle to CEO after Lawrence MacDouhgall's retirement.
Elton joined Oceana from serving at Clover Industries, where he was nominated for the 2017 CFO Awards.
Jason will build on his past experience and contribute to the company's growth in retail and financial services.
Berlin's appointment follows the resignation of CEO David Brown as of 31 January.
The company has also announced the appointment of Riaan van Reenen as CEO of Discovery Life.
Also: The Sharks renew sponsorship deal with Cell C and Intu Properties sells Spanish shopping centre.
Nominees share their insights about staying agile and thinking outside the box at the CFO Awards interviews.
Thabo Tshepuwane: Sought after qualifications are no longer a guarantee of life-long success.
Doyle's appointment follows the retirement of 63 year old Lawrence MacDougall
Rosin will be taking over from Ditebogo Modiba as the interim CEO with effect from 1 February.
Lekubo's appointment follows the resignation of Frank Abbott and comes into effect from 3 March.
Her appointment follows the resignation of Michael Easter and comes into effect from 31 January.
Tertius Johannes de Kock will be stepping in as Ecsponent's CFO with effect from 31 March.
Darsot will be taking over from Ismail Darsot following his retirement with immediate effect.
Stretch Global's John Stretch gives an insight to the questions CFOs need to ask when looking to the future.
Riga has a vision that the University will be financially sustainable and that he will right the wrongs of the past.
The listing provides shareholders with a variety of trading venue options, says Sasol CFO Paul Victor.
The guide shows that, at R5 million a year, CFOs are earning more than most SA professionals.
SA's corruption score has improved slightly, going from 43rd place in 2018 to 44th in this year.
Take risks, share ideas, and don't doubt yourself were high on the list of encouraging messages.
The app is a mobile solution to VAT queries by enabling easy navigation through South African VAT legislation content.
A team of students from UCT GSB participated in the John Molson MBA International Case Competition, and won.
Also: Anglo American to acquire Sirius Minerals and African Rainbow Capital buys Alexander Forbes stake.
Selwyn moved to Nelson Mandela Bay after four years of ensuring Kouga Municipality's financial sustainability.
Jason has been with Absa for more than 12 years and serves on various committees within the group.
NECSA has also appointed a new representative of the Department of International Relations and Cooperation.
Naidoo's appointment comes after the company has been without a permanent CEO since 2014.
The new appointments come when the company is at a critical point and needs new leadership.
Auchincloss will be taking over from Brian Gilvary and serving alongside new CEO Bernard Looney.
Herman Singh took a roadtrip around South Africa this December. Here is what he learnt.
Bidvest CEO designate Mpumi Madisa is one of the four new appointments.
The bank has been admitted as a member of the JSE's interest rate and currency derivatives market.
4AX's Eugene Booysen said these listings demonstrate the incredible opportunities that still exist in SA.
Kruger has worked in a variety of roles in the FirstRand Group, including CRO at RMB.
Prosus continues to pursue fast-food industry and RDI Reit exits UK due to Brexit impact.
Van der Westhuizen plans to continue delivering on the company's 2025 strategy.
Makgoba's appointment follows the resignation of Jabu Mabuza and makes way for a board restructure.
The appointment comes as the search for a permanent CEO is at an advanced stage.
The appointment will come into effect once all local and regulatory requirements have been met.
Willem has been serving with the group for a year and has stepped down as FD from 10 January.
Joe has previously served in various finance roles, as well as being the MD of AECOM.
Bagattini will be taking over from previous group CEO Ian Moir with effect from 17 February.
Riaan has served with Exxaro for over 17 years because of his attraction to its constant evolution.
Mabuza apologised for Eskom's inability to meet the commitment it made to the president.
Wayne joins the list with Barry Melancon, Tom Hood, Allan Koltin and President Donald Trump.
Also: MTN raises R14 billion and Takeaway.com almost victorious in takeover battle with Just Eats.
Andrew will act as interim CEO until a replacement for Peter Oswald has been appointed.
The bank believes that Ramaphosa could effect a turnaround with structural reforms and policy certainty.
He replaces Nicky Oppenheimer and surpasses Natie Kirsh, the other two South Africans on the list.
Euan is responsible for keeping the company ahead of regulatory changes and global trends.
Juanita Steenekamp says that it is both "onerous and vague" and that "more guidance is required".
Mminele is "looking forward to leading the exciting journey that Absa has embarked on".
The board of Grindrod Bank has confirmed his appointment as CFO and executive director.
Alexander Forbes, Aveng, Conduit, Bell Equipment and Metair are also making headlines.
Barloworld, Altron and Alexander Forbes were among the companies who appointed new CFOs this year.
Experts dived into finance trends from disruptive technology, to customer focus, to job "tax", and boards.
Six of South Africa's finest finance professionals walked away with awards on the evening of 15 May.
Richard Crecel and Daniela Thakkar: banks must act as credit loss remains divergent under IFRS 9.
CFOs need to be adaptable, agile and forward-thinking in order to weather the storm and stay relevant.
Many employers neglect to focus on their employees' retirement fund, because it simply isn't the core focus of the business. These are some of the key considerations in making sure you are investing to give your staff the future security they need.
INOVO director Jan Kühn says tactical debt collection is important to business survival and sustainability.
Jo-Ann Pohl, Tryphosa Romano, André du Plessis, and Brett Tromp all help to make South Africa better.
Having to let people go, self-doubt and regulatory changes keep these CFOs awake at night.
Apart from finance, these CFOs are passionate about things from books to flying to fishing.
From a near-death incident to being right in the middle of the Gupta scandal, these CFOs shared their journeys.
Cheryl said this is a pivotal moment in terms of Africa's relationship with the wider globe.
Wrenelle will be stepping into the role immediately, replacing former joint-CEO Glenn Orsmond.
Alan is one of two South Africans that have been appointed to the company.
Bianca is bringing her finance and business acumen to the company with the aim of enabling growth.
Crosson's appointment comes after the resignation of Dylan Pienaar who had only been appointed in March.
IRBA director Imre Nagy says it will help to identify where there may be risks in the audit market.
Also: Curro acquires three new schools and Investec to sell 10 percent of its asset management business.
This follows the resignation of independent directors and the suspension of CEO Thabang Moroe.
The investment manager attributed its performance to its focus on low-cost investment and savings products.
South Africans say "What struggling economy?" with a 36 percent growth in Black Friday transactions.
Economy brought down by mining and manufacturing, while some sectors brought in only small gains.
According to fresh results from this year's CFO Day Survey, nearly three quarters of all CFOs are eyeing the top job and aspire to be CEO after their current role. And their ambitions are not unrealistic: a third of all CEOs of the JSE Top-40 are previous finance executives. But what does it take to scale the highest summit? Which different skills are required? How do you move from numbers to people and strategy? CFO Magazine spoke to five former CFOs who were promoted to CEO to find out what it takes.
Dorette also serves as a member of the financial reporting investigation panel on the JSE.
This follows the resignation of founder Lex van Wyk as CEO, effective 1 January 2020.
Tongaat had appointed PwC to investigate allegations that came through the whistleblowing line.
African Rainbow Capital has expressed its appreciation for Bridget's dedication and thanked her for her contribution.
Osman shares his excitement on achieving his aim of becoming the AstraZeneca MEA CFO.
Also: Steinhoff names Kapela Holdings as B-BBEE partner and Growthpoint to take over Capital & Regional.
Robert will be taking over from Jarrod Liedman, who has resigned, with effect from March 2020.
Along with his role as CFO, Bryan heads up finance, IT, HR, logistics and warehousing, and imports at Verimark.
According to fresh results from this year's CFO Day Survey, nearly three quarters of all CFOs are eyeing the top job and aspire to be CEO after their current role. And their ambitions are not unrealistic: a third of all CEOs of the JSE Top-40 are previous finance executives. But what does it take to scale the highest summit? Which different skills are required? How do you move from numbers to people and strategy? CFO Magazine spoke to five former CFOs who were promoted to CEO to find out what it takes.
Although Till has resigned, his priority is to make sure that "it is business as usual" for the finance function.
Recruitment specialist Chantelle Smith explains how to make sure your finance function will support your goals.
Company secretary Graham Tyrrell has also tendered his resignation with effect from 1 March 2020.
Xolani believes a CFO and his team should be dynamic to achieve optimal results.
Excel Academy: It's not about getting rid of Excel, it's about learning how to use it safely and efficiently.
The group's operating profits and headline earnings have also increased, despite constrained consumer spending.
Risto is responsible for business performance, group reporting, balance sheet management and more.
Spear CFO Christiaan Barnard believes that the ethos of his school has defined his work ethic.
ArtGo's shares went from the best to plummeting completely after MSCI denies addition to China Index.
Liberty founder, entrepreneur and philanthropist Donald Gordon passed away on 21 November 2019.
Also: RMB Holdings sells its stake in FirstRand and Barloworld reduces interest in Avis Fleet.
The group plans to prioritise investment, product innovation and leverage the strength of its brands to better results.
According to fresh results from this year's CFO Day Survey, nearly three quarters of all CFOs are eyeing the top job and aspire to be CEO after their current role. And their ambitions are not unrealistic: a third of all CEOs of the JSE Top-40 are previous finance executives. But what does it take to scale the highest summit? Which different skills are required? How do you move from numbers to people and strategy? CFO Magazine spoke to five former CFOs who were promoted to CEO to find out what it takes.
SAP Concur collaborates with powerful partners and constantly drives innovation with the intention of maintaining their position as the number-one travel and expense management provider to global organisations.
He will be taking over from Cheryl-Jane Kujenga, who has been appointed as interim CEO.
Acting CEO Charles Nel: leaders must reflect honesty, accountability, integrity, fair justice and good conduct.
The group of CFOs considered how they can support innovation in their organisations.
CFO Daan Ferreira said Astral continues to deliver strong cash flows despite challenging market environment.