Pioneer Foods appoints Felix Lombard CA(SA) as their new CFO

In accordance with paragraph 3.59(a) of the Listings Requirements of the JSE Limited, shareholders are hereby advised that, having followed a robust recruitment process in evaluating external and internal candidates, the Chairman, the Human Capital Committee and the Board are pleased to announce the appointment of Felix Lombard as the … MORE

Old Mutual appoints Zizipho Nyanga CA(SA) as new CEO of Masisizane Fund

Zizipho Nyanga has been at the helm of Old Mutual‘s Masisizane Fund for six months after taking over the role of CEO in October 2016. She was recently welcomed by Old Mutual who held an event to introduce her to its beneficiaries and team members. Nyanga hails from Mthatha in … MORE

SAA appoints Phumeza Nhantsi CA(SA) as their new Chief Financial Officer

Phumeza Nhantsi has been appointed as Chief Financial Officer of South African Airways (SAA). “South African Airways has announced the appointment of Phumeza Nhantsi as SAA’s new Chief Financial Officer (CFO). The appointment is effective from 1 May 2017,” SAA said on Wednesday. The 39-year-old Nhantsi was appointed as SAA’s … MORE

Dis-Chem Pharmacies appoints Mahomed Gani CA(SA) as a new Director to the Board

Dis-Chem Pharmacies Limited board of directors advised that Mr Mahomed Gani has, with effect from 3 May 2017, been appointed as an Independent Non-Executive Director of the Company. He will be a member of the Audit and Risk Committee as well as the Remuneration and Nomination Committee. Mr Gani is … MORE

Woolworths SA CEO, Zyda Rylands CA(SA) scoops inaugural award

Johannesburg – SA fashion and food retailer Woolworths says its SA CEO Zyda Rylands received the inaugural Woman of The Year award. This was at the World Retail Congress’s International Women in Retail Reception, held on April 5. In a statement on Friday, the listed retailer said Rylands was given … MORE

Karl Bishop CA(SA) appointed as head of Santam Specialist Real Estate

Karl Bishop has been appointed as head of Santam Specialist Real Estate. He previously held the position of head: Niche Business within Santam Specialist. In his new role he will oversee the rebranded C-Sure entity, now known as Santam Specialist Real Estate, a new division within Santam. Karl has extensive … MORE

How the new lease accounting standard IFRS 16 affects financing transactions

By Lionel Shawe, Managing Partner at Allen and Overy and Lauren Tunstall, PSL at Allen & Overy On 13 January 2016, the International Accounting Standards Board (IASB) issued its new international lease accounting standards IFRS 16 Leases which removes the distinction between finance leases and operating leases for lessees with … MORE