M&A Roundup: Patrice Motsepe, Shell and MAS Real Estate make bold moves
Also: Telecommunications industry set for M&A activity and American Tower acquires Eaton Towers.
Also: Telecommunications industry set for M&A activity and American Tower acquires Eaton Towers.
Zuks will be taking over from Vuyani Jarana, who resigned in May, as acting CEO.
Kate Ferreira asked five CFOs about the most useful applications or types of technologies in their lives, both professionally and personally, and discovered it's not all about the newest, latest, and greatest tech on the planet, but rather how these tools and innovations are integrating into their days, unlocking insight, and - figuratively and literally - keeping the lights on.
The President met with CEOs of over 20 SOCs to discuss their critical role in the economy.
Former Clover Industries CFO Elton Bosch will be taking over as Oceana Group CFO.
Robert brings "extensive and highly relevant experience" to Intu Properties as new CFO.
Deloitte's Valter Adão is guiding internal and external clients towards an inevitable digital future. Failure to embrace the coming changes is not an option - for your prosperity and the nation's.
This after ANC secretary-general Ace Magashule claimed that expansion of the bank was in the pipeline.
Draftworx is a financial statement preparation and engagement performance platform.
His appointment is part of the City's commitment to "entrusting young people with great responsibilities".
AfroCentric CFO says the award has also motivated him to share his experiences with younger finance professionals.
Want to get hired? Finance Indaba silver partner Cassel & Co's Georgina Barrick says it's time to specialise.
The company reports hit of up to R4.5 billion following a review of its accounting practices.
On 8 March, International Women's Day, Investec South Africa launched its "Women on the Rise" campaign, highlighting its relationship with women in business, education and sport. As part of the launch, Investec introduced the public to its newly appointed Specialist Bank CFO Marlé van der Walt. CFO South Africa spoke to her about her finance leadership experiences.
The CEO's letter of resignation cites concerns around funding and slow decision-making processes.
Also: Helios Investment Partners plans to raise funding and Seacom to add eight new points of presence in Africa.
The Arrowhead board assured the public that the misconduct has no financial implications for the company.
Fedgroup CFO Sheldon Friedericksen says that technology gives him the power to balance competing interests.
The joint CEOs were appointed following the announcement of Erik Venter's resignation last week.
The comedian will make sure that the world of finance has no chance of taking itself too seriously.
Vukile Property Fund FD Mike Potts says he is extremely pleased with March 2019 results.
Tsholofelo Molefe says the great results come from a relatively new team gelling well together.
The CFO says the group is very pleased with the positive effects of diversification.
W.consulting's Bruce Mackenzie: "IFRS 9 calculates what you EXPECT to lose, not what you HAD lost."
Trends report says CFOs should have one foot in the market and the other in the C-suite.
IIA SA CEO Claudelle von Eck says the number of internal auditors reporting intimidation has significantly increased.
His resignation will come into effect at end-July, and no interim CEO has been announced.
Newly appointed Tim Simba "excited to be given the opportunity to lead the association's presence in Africa".
Ascendis Health has fired its CEO Thomas Thomsen for poor performance, with immediate effect.
"Why waste a crisis?" says the CFO, outlining measures being taken to fix Sasol's balance sheet.
Moyo held the position for less than a year before the board reached this conclusion.
Brett Tromp, Discovery Health CFO, and his wife, CA Candice Tromp, help the Orient Hills Day Care in their personal capacity. Their support of the school is underscored by a deep understanding that for a nation to flourish, children need to learn through play from a very early age. Orient Hills Day Care provides that opportunity for 72 children.
PwC Southern Africa has appointed Shirley Machaba as its new CEO with effect from 1 July.
A Gugulethu couple has been convicted for the murder, which took place in 2017.
SurTech is the sole distributor of ACL and VATSURE software and services in South Africa.
"Comair will continue to benefit from Erik's contribution," says Comair chairman Piet van Hoven.
Beyond Meat became the first plant-based food company to go public on a major exchange on 2 May.
Deloitte's Sihlalo Jordan says each of the CFO Awards winners' forward-looking stances is very positive.
Goldman Sachs has appointed Mazars as its EU operations auditor with effect from 2021.
Finance Indaba Silver Partner VeriCred Collections are specialists in all aspects of consumer debt recovery.
Transnet has appointed Mark Gregg-Macdonald as acting CFO as of 13 May.
Mercantile had already developed what Capitec was looking for, says Capitec CFO André du Plessis.
"Space growth is really important for us," says Dis-Chem financial director Rui Morais.
Also: African Battery Metals enters share acquisition and Rebosis Property Fund to sell three shopping malls.
Ralph Mupita says MTN Nigeria NSE listing was a "great day 1 'pop' of 10 percent".
Astrophotographer Cory Schmitz illustrated humanity's humble beginnings in the cosmos at the CFO Awards 2019.
SA's rating will depend on Moody's assessment of how well Cyril Ramaphosa's government tackles challenges.
Six exceptional CFOs walked away with the finance profession's top honours at a gala dinner in Bryanston.
The MTN CFO also won the Strategy Execution, High-Performance Team, and Finance Transformation Awards.
MTN Group CFO Ralph Mupita says it is the first and an important step towards increasing local ownership.
The votes are in. South Africa's CFO of the Year 2019 will be revealed on 15 May.
Momentum Corporate is sponsoring the High-Performance Team Award at the CFO Awards.
AGSA is the only institution that audits and reports on how the government spends taxpayers' money.
Derek has resigned as executive director of Calgro M3 and will be taking early retirement.
The VP Finance Africa at Unilever seizes every opportunity with both hands, lands and delivers.
RMB celebrates the success of important decision makers in terms of strategy at CFO Awards.
PwC will be sponsoring the Compliance and Governance Award at this year's annual CFO Awards.
Mohammed is looking forward to moving from Illovo Sugar to Massmart on 1 August.
The market didn't react well to Steinhoff's revised 2017 year-end results released on Tuesday.
Also: Net1 UEPS sells stakes in DNI and Investec Australia Property Fund plans to list on ASX.
M&C Saatchi Abel has appointed Graham Mears as the group's new chief financial officer.
Associate sponsor BlackLine says CFO Awards are a natural fit for BlackLine to align with.
CEO Mteto Nyati says the results were underpinned by wins in the private and public sectors.
Oracle will be sponsoring the Finance and Technology Award at the CFO Awards this year.
Standard Bank CFO Client Coverage Isaac Malevu: "Africa is our home, we drive her growth"
Sipho has stepped into the role of independent non-executive chairperson as of 3 May.
Massmart has announced that Guy Hayward will leave the group before the end of 2019.
It is a specialist recruitment company operating in IT, finance, engineering and contracting solutions.
SAICA's Chantyl Mulder: "Black CAs must participate meaningfully and equitably in the country's wealth creation."
Gideon is always up for a challenge, and speaks about personal growth and empowering others.
Mcebisi Jonas is chairman-designate of the newly constituted board, and Thabo Mbeki will chair the IAB.
Standard Bank partners with Microsoft, Clover acquisition experiences more delays and other acquisitions.
Mohammed will be taking over from Tau Morwe, whose contract won't be extended
CEO Joyce Mogale and CFO Sikhumbuzo Zulu "not fit for any senior office which involves finance".
Santie Botha takes over from Capitec founder Riaan Stassen as non-executive director
Robin Seabrook: "The last few months have taught me about the need to do what is right."
Ford Motor Company has appointed Tim Stone as its new CFO with effect from 1 June.
The IIA SA is the leading professional body representing the interests of internal auditors in SA.
SAICA addresses negative perception that the low pass rate has created in the eyes of the public.
Accountants think basic accountancy processes will be fully automated within the next five years.
Mohammed will be taking over from Hans van Lierop as CFO and executive director with effect from 1 August.
Bakar, who stayed on with the company well beyond his technical retirement age, finally retires.
The University of Cape Town Graduate School of Business offers world-class academic programmes and more.
Greg will be leaving his post so that he can spend more time with his young family in the UK.
Great CFOs must be entrepreneurial, says Kantar's Inacio dos Santos, CFO Africa & the Middle East
Professional institutions are researching new competencies that will change their qualification, writes Kate Ferreira.
Conscious Companies has announced the finalists of the Conscious Companies Awards 2019.
Also: RDI Reit acquisition rejected, EPP raises funds for two of its M1 portfolio transactions.
Capitec, Curro and PSG Konsult contribute to PSG Group nine percent earnings growth.
Mr Price Group has announced its listing on the A2X exchange and will start trading from 2 May.
SAIPA equips professional accountants with the latest knowledge, techniques and accreditation.
Heidelberg Graphic Systems SA FD Marc Lotter has been promoted to managing director and territory head.
Before robots enter the workspace, a huge uptake of remote work is likely, reports Kate Ferreira.
"Catherine will be handing over a company that is ready to reach new altitudes" says chairman Herman Bosman.
Tryphosa reveals how she sets the financial strategy for a pan-African business with challenges at home.
Lars Fischer says people with digital and tech skills will continue to be in high demand.
Thulisile's appointment comes amid a number of organisational challenges that the company recently faced.
Matthew Roberts has been appointed as Intu Properties' new CEO with effect from 29 April.
The software solutions provider services various sectors, including education, manufacturing and more.
People, strategy and ethics will be pivotal for future finance leaders - and the future is now.
The group accredits the appointment of CFO Megan Pydigadu as part of its success.
TreasuryOne provides solution design and implements best-in-class treasury platforms.
MTN is online marketplace for fashion and electronics Jumia's largest shareholder.
CFOs must be agile, adaptable and hands-on, says Ravi Singh, CFO of Liberty Africa Insurance.
Also: Nissan, Barloworld, Afrimat and more are investing to grow productivity, diversification and shares.
Mziwandile Noel Guliwe brings with him extensive experience in the South African pharmaceutical industry.
The President has appointed a new board for SABC but retained Bongumusa Makhathini as chairperson.
Empowerdex has been issued with a three-month suspension order following Angelo Agrizzi's testimony.
From family to CEOs to industry potential to gardening and books: here's what inspires South Africa's CFOs.
The former Exxaro CEO will be taking over from retiring Dr Mandla Gantsho as chairperson.
MoneyWorks's Thandeka Zondi plans to get SMEs their working capital from government and big corporates.
HansaWorld specialises in enterprise resource planning and customer relationship management.
A new report from ACCA reveals the accounting profession needs to prepare for digital development.
The Twitter co-founder has refused any pay from Twitter since 2015 except for the $1.40.
The role of the retiring CEO will be split, with Thembi taking over the finance function.
Workday's sponsorship of the Young CFO of the Year Award recognises exceptional vision and leadership.
The tobacco manufacturer says that, in fact, they are owed a R30 million tax rebate.
Aliko Dangote withdrew $10 million to convince himself that it was real, not just numbers on paper.
Roxane Leita joined Investec Life only four months after the insurer was launched.
MAS Real Estate has appointed Werner Behrens as CEO with effect from 1 May.