WNS is a leading Business Process Management (BPM) company.
Cape Town CFO Round Table: Making IT a Priority
Many South African CFOs and Finance Directors struggle to manage their time properly. IT can lead to many headaches, but can also free up time for the things finance professionals really want to do: look to the future and strategize. That was the conclusion of the participants of the CFO South Africa round table on Tuesday 14 May at The Twelve Apostles Hotel in Cape Town.
Victor Sekese, CEO SizweNtsalubaGobodo: CFOs struggle with sustainability
“I have pity for CFOs,” says Victor Sekese and for the first time in the interview his characteristic thundering laugh is lacking. The Chief Executive Officer of accounting firm SizweNtsalubaGobodo has an intimate understanding of the tricky position many South African financial bosses find themselves in these days. “They are in a very difficult position, because the economy is down but they have to look at the long term business. If they don’t invest, they lose out.”
IMF Sees Positive Outlook for Sub-Saharan Africa
The near-term outlook for Sub-Saharan Africa (SSA) remains broadly positive, with growth projected to accelerate modestly to around 5½ percent in 2013–14, following a year of strong growth in 2012, the International Monetary Fund (IMF) said today. In its May 2013 Regional Economic Outlook, Building Momentum in a Multi-Speed World, the IMF said that these favourable prospects partly reflect the gradually improving outlook for the global economy, while locally, investment in export-oriented sectors is an important driver of growth going forward.
Philippe Georges - CFO Procter & Gamble: `Relationships with distributors not the smoothest`
It was only a few months ago when French Philippe Georges moved to Cape Town. After having lived and worked in several European countries for the past years, this was quite a change of scenery. Philippe was appointed Finance Director for Procter & Gamble in South and East Africa as of January 2012. Although he has only been installed in the position for three months, he already noticed differences between South Africa and Europe. “I find that the relationship between trade and manufacture that’s linked to our industry is less smooth in South Africa; issues regarding payments seem to be somewhat more conflictual and difficult here.”
Peter Duffy - CFO 1time: `Budgeting and forecasting are still key aspects of the financial role`
1time Holdings - a diversified aviation group - was listed on the Johannesburg Altex Stock Exchange on the 14th of August 2007. The company has evolved in leaps and bounds since its inception in 2004 and is the 100% shareholder in 1time Airline, 1time Charters, Aeronexus Technical and Aeronexus Corporate. Many people wonder what the name of the company reflects – well, here it is. The name 1time, is a reflection of the South African soul of the company. In South Africa, the phrase "one time!" is a colloquialism meaning "for real!" Within six years of existence, 1time grew from a 4-man company to a JSE-listed one, staffing over 600 employees and a yearly turnover of R1,2 billion.
Paul O'Flaherty - CFO Eskom: `Companies have great strategies but fail in executing them appropriately`
CFO South Africa is interviewing a large number of CFOs and CEOs of leading South African companies. From now on, we will publish them on our site regularly. Next in our series is Mr. Paul O’Flaherty, CFO of Eskom, a company staffing 42,000 people, which he joined in January 2010. He was appointed to the Board as executive director responsible for the finance function overseeing nearly 3.000 employers in the finance and shared services departments.
Blacks own 17pc of South African bourse
Black South Africans own at least 17 per cent of the 100 top companies listed on the Johannesburg Stock Exchange, according to an initial study, the head of the exchange said Tuesday.
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WNS is a leading Business Process Management (BPM) company. We combine our deep industry knowledge with technology and analytics expertise to co-create innovative, digital-led transformational solutions with clients across 10 industries. We enable businesses in Travel, Insurance, Banking and Financial Services, Manufacturing, Retail and Consumer Packaged Goods, Shipping and Logistics, Healthcare, and Utilities to re-imagine their digital future and transform their outcomes with operational excellence.
We deliver an entire spectrum of BPM services in finance and accounting, procurement, customer interaction services and human resources leveraging collaborative models that are tailored to address the unique business challenges of each client. We co-create and execute the future vision of 350+ clients with the help of our 41,000+ employees. Our global footprint spans 16 countries with 60 delivery centers worldwide including in China, Costa Rica, India, the Philippines, Poland, Romania, South Africa, Spain, Sri Lanka, Turkey, United Kingdom and the United States.