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Articles

12 October 2017

Glass ceiling - what glass ceiling? Powerful women at #findaba17

More women are finding success in the boardroom these days. Does this mean that the glass ceiling has finally been broken, or was it only ever in the imagination to begin with? Nonkululeko Gobodo, CEO of Nkululeko Leadership Consulting, 2017 CFO Awards winner Debbie Ransby, financial director at Takeda Pharmaceuticals, and Mary Vilakazi, deputy CEO of MMI Holdings, unpacked the topic during a well-attended session at Finance Indaba Africa on 12 October 2017.

14 August 2017

The impact of cybercrime on SA companies: are we better or WORSE off?

During the last year, the public became painfully aware of what cybersecurity experts have long been warning us about: That cybercrime is on the rise and that everyone is a potential target. The recent WannaCry and Petya attacks have revealed that hackers have adopted an increasingly financial focus, as they demand ransom (usually in cryptocurrencies like Bitcoin) in exchange for unlocking the affected users’ data. Companies throughout the globe have been affected in the latest attack this June, with South African companies being no exception.

25 April 2017

Effective CFOs know their business, says Standard Bank's Sean Berrington

"In the early days of the Group IT transformation it became clear that, unless the finance team transformed as well, we would become irrelevant. As a result, we needed to radically relook at how we run our staff engagement and processes," says Sean Berrington, CFO for Group IT at Standard Bank. Sean has been the finance boss of a “billion-dollar IT organisation” since mid-2016. Add to this his intimate experience of agile ways of working and he might just be the ideal person to talk to about the crossroads of threats and opportunities that technology and finance bring to banks and finance professionals.

28 March 2017

Good CFOs know their strengths, says Damain Matroos, SacOil CFO

“We need to be careful that we don’t make the mistake when going into the rest of Africa of thinking that we have better skills and expertise than others on the continent. This superiority complex will set us up for failure. The fundamental thing is, if you try to exploit the other African jurisdictions to the benefit of South Africa, you’ll come unstuck,” says Damain Matroos, CFO of SacOil, a South African-based independent African oil and gas company. We chatted to Damain about the challenges he faces as a CFO in the oil and gas sector, what opportunities exist, and what it’s like to do business in Africa.

15 March 2017

Real empowerment remains elusive, says IRBA's top brass

“More focus should be given to long-term career prospects, including equity partnerships and senior management and executive responsibility. Transformation is not about the de-racialisation of the overall profession; it is about financial inclusion, ownership and access to markets and opportunity,” says Bernard Agulhas (pictured), CEO of the Independent Regulatory Board for Auditors (IRBA). In Agulhas’s opinion, transformation must move beyond numbers and begin to truly empower black accountants and black-owned auditing firms. This includes providing equal opportunities to access the audit market, he says.

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Company profile

PwC Southern Africa provides industry-focused assurance, advisory and tax services to public, private and government clients in all markets. 

Our in-depth knowledge and understanding of African operating environments enables us to put ourselves in our clients’ shoes. 
 

Address: 4 Lisbon Lane Waterfall City, Jukskei view

Postalcode: 2090

Phone: +27 (0) 11 797 4000

Website: https://www.pwc.co.za/