All Articles (2,268)

SA’s public debt 50% of GDP

According to the Organisation for Economic Co-operation and Development’s (OECD) latest Economic Survey of South Africa 2017, the country’s public debt has risen to just under 50 percent of GDP.

The survey found that government’s spending structure is skewed by a large wage bill (35 percent of total GDP in 2016), whereas other OECD and emerging market…

Continue

Added by CFO South Africa on August 19, 2017 at 8:00 — No Comments

IIA SA presents Guardian of Governance awards to journalists

The annual Guardian of Governance award has been bestowed upon the eight SABC journalists (dubbed the SABC 8) fired for speaking out against the broadcaster's decision to censor protest coverage.

Continue

Added by CFO South Africa on August 18, 2017 at 15:00 — No Comments

Networking with authenticity: women CFOs and mentees dine and discuss

How can women be more effective in the workplace? And in life? On 17 August 2017, CFO South Africa hosted this year's Women’s Dinner at the Saxon Hotel in Sandton to provide a networking opportunity and panel of inspirational speakers for women CFOs. The delegates had been encouraged to bring their mentees to the event, to share in the…

Continue

Added by CFO South Africa on August 18, 2017 at 9:30 — No Comments

Nigerian FinTech market up 90% since 2015 – report

The Nigerian FinTech market has grown by 90% in the past 3-4 years and startups in the populous West African nation are radically transforming the banking and financial sectors, according to Kantar TNS Nigeria CEO Aggrey Maposa.

 “It is vibrant industry and what is very exciting about the…

Continue

Added by CFO South Africa on August 18, 2017 at 8:00 — No Comments

IIA SA partners with Finance Indaba 2017

The Institute of Internal Auditors SA (IIA SA) has joined Finance Indaba 2017 as a silver partner and will make its second showing at the event at the Sandton Convention Centre in October.

  • Finance professionals and accountants register for…
Continue

Added by CFO South Africa on August 18, 2017 at 6:00 — No Comments

Comair anticipates higher earnings per share

Comair has said that its earnings per share are expected to be between 49 and 68 percent higher for the year ending 30 June 2017, than those reported for the previous year.

Moreover, headline earnings per share are expected to be between 85 and 104 percent higher than those reported for the same period last year.…

Continue

Added by CFO South Africa on August 17, 2017 at 15:00 — No Comments

Finance Indaba 2017: Build your finance future with AdvanceNet

"We will be talking about how to build your future with the Blueprint for Continuous Accounting. This revolutionary new concept is changing the way accounting and finance are performing and creating a paradigm shift across Modern Finance Organisations," says Bridgette Ward,…

Continue

Added by CFO South Africa on August 17, 2017 at 8:00 — No Comments

Sanlam takes R100m stake in Easy Equities

JSE-listed financial services provider Purple Group has sold a 30% stake valued at R100 million in its Easy Equities business to Sanlam Investment Holdings in a cash deal. Sanlam will receive a seat on the board as part of the investment.

Headed by CEO Charles Savage, Easy Equities offers accessible…

Continue

Added by CFO South Africa on August 17, 2017 at 6:00 — No Comments

Lindiwe Ndlela new 4AX CFO

4 Africa Exchange (4AX) has announced two new executive appointments to its management team, namely Lindiwe Ndlela (pictured) as chief financial officer and Anthony van Eden as chief operating officer.

Ndlela joined the exchange in July, bringing with…

Continue

Added by CFO South Africa on August 16, 2017 at 19:00 — No Comments

Female CFOs should be daring and resilient, says IDC CFO Nonkululeko Dlamini

“Growing into a well-balanced CFO is a journey which requires identifying role models and learning from them. And learning from your own mistakes,” says Nonkululeko Dlamini, the CFO of the Industrial Development Corporation (IDC), a public development finance institution with the mandate to promote economic growth…

Continue

Added by CFO South Africa on August 16, 2017 at 15:00 — No Comments

Long-serving CFOs good for shareholder returns – report

It may seem like an anachronism in these fast-changing times, but finance chiefs are staying in their posts for longer periods, which translates into greater shareholder returns, according to research by Crist|Kolder Associates.

The executive recruitment firm found in examining C-suite…

Continue

Added by CFO South Africa on August 16, 2017 at 8:00 — No Comments

Curro charges through R1bn revenue barrier

Private education provider Curro announced on Tuesday that it had broken the R1 billion interim revenue barrier in the six months to end-June. However, despite maintaining the 24% revenue growth pace set in the matching period, losses in its lower-fee school and tertiary divisions…

Continue

Added by CFO South Africa on August 16, 2017 at 6:00 — No Comments

New Development Bank to open first Joburg office

On Thursday this week, President Zuma will oversee the launch in Sandton of the African Regional Centre of the New Development Bank (NDB).

Kundapur Vaman Kamath (pictured), New Development Bank president, will join the proceedings, as will various cabinet ministers and NDB…

Continue

Added by CFO South Africa on August 15, 2017 at 15:00 — No Comments

Finance Indaba 2017: Decision Inc is your single-purpose information management partner

"Decision Inc was created with the vision of offering these organisations a single purpose information management business to allow them to make better decisions across multiple divisions and sectors," says Nick Bell, CEO of Decision Inc, a…

Continue

Added by CFO South Africa on August 15, 2017 at 8:00 — No Comments

I always lead the charge, says Musa Magongo, CFO of SWACAA

“The time has come for the CFO to become an important executive member who pushes for value creation other than the normal traditional financial role,” says Musa Magongo, CFO of the Swaziland Civil Aviation Authority (SWACAA). “The CFO is expected to have a better understanding of the impact of each process, whether…

Continue

Added by CFO South Africa on August 15, 2017 at 8:00 — No Comments

KPMG suspends audit partner

The South African office of KPMG has suspended its lead audit-engagement partner, also relieving two others, while it awaits the results of its ongoing investigation into work it undertook for companies linked to the Guptas.

In a statement, Trevor Hoole (pictured), KPMG chief executive, said that all aspects of the work…

Continue

Added by CFO South Africa on August 14, 2017 at 19:00 — No Comments

Finance flash: the TOP-10 articles of week 32, 2017

Do you want to keep up to date with the latest developments in finance, but you are short of time? Don’t worry. CFO South Africa weekly collects 10 of the most important articles from international media for your convenience.

1. …

Continue

Added by CFO South Africa on August 14, 2017 at 15:30 — No Comments

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…

Continue

Added by CFO South Africa on August 14, 2017 at 14:00 — No Comments

Abu Dhabi launches global FinTech challenge

Abu Dhabi is looking to strengthen its FinTech position with a flurry of initiatives, including a tie-up with Switzerland and an innovation challenge for startups.…

Continue

Added by CFO South Africa on August 14, 2017 at 8:00 — No Comments

Cipla SSA CFO Nishant Saxena shares his tips for creating a top team

Nishant Saxena won two Awards at this year’s CFO of the Year Awards – High Performance Team and Young CFO of the Year. He received this recognition because he took Cipla’s struggling, low-margin, sub-Saharan Africa (SSA) unit and turned it into one of the most profitable pharma players in South Africa. In so doing, he completely transformed…

Continue

Added by CFO South Africa on August 14, 2017 at 6:00 — No Comments

Articles by Tags

Monthly Archives

2017

2016

2015

2014

2013

2012

2011

1999

RSVP for the 2 day blockbuster course "Work smarter not harder"

Register as an exhibitor for Finance Indaba 2017 on 12 and 13 October. Don't miss out the chance to connect with new prospects, to brand your company and to become more successful. 

© 2017   CFO Africa | Contributing to the growth of Africa   Powered by

Badges  |  Report an Issue  |  Terms of Service