South Africa’s Tongaat Hulett appoints Rob Aitken CA(SA) as new CFO

SOUTH AFRICA – South Africa’s agri-business company, Tongaat Hulett, has announced the appointment of Rob Aitken as new permeant Chief Executive Officer (CFO) and executive director, effective March 2019, reports Business Report. Rob Aitken has been the acting CFO for the past six months since the departure of Murray Munro who resigned in August 2018. Tongaat said […]

Vukile appoints Laurence Cohen CA(SA) as CFO

Real estate investment trust (Reit) Vukile Property Fund has appointed Laurence Cohen as CFO designate, effective March 1. He will succeed Vukile’s FD Mike Potts and be appointed to the Vukile board of directors on July 1, after Potts’ planned retirement on June 30. Cohen, a chartered accountant, previously served as Hyprop Investments FD for nearly 15 years. He has also led […]

Liza Bergh CA(SA) has been appointed Internal Audit Executive: Risk, Compliance & Africa at Nedbank

Liza Bergh has taken up the position of Internal Audit Executive: Risk, Compliance & Africa at Nedbank. Liza joins Nedbank after 13 years with the Absa Group, where she most recently served as Head of Risk Management & Control – Retail and Business Bank and, prior to that, Head of Business Governance & Regulatory Support. […]

Cell C appoints Zafar Mahomed CA(SA) as new CFO

Cell C has appointed Zafar Mahomed as its new CFO. He fills the role after former CFO Tyrone Soondarjee left the company in May, after less than a year in the job. When Soondarjee left, Cell C said chief strategy officer Robert Pasley and COO Douglas Craigie Stevenson would jointly oversee the CFO function. Mahomed […]

Cover Story: Willem van der Post CA(SA)

Ask Willem how he went from being a CA(SA) into a world of relentless innovation, and he’ll tell you it began when he went to LA for the first time in 2004 with Deloitte. ‘Two of the first things that struck me was the sheer scale of the US; 11-lane highways, Walmart, 80 different types […]

Wayne De Wet CA(SA) takes over CTICC’s finance department

Wayne De Wet will be taking over the reins of Cape Town International Convention Centre’s (CTICC) finance department as its new CFO. In addition, De Wet will be responsible for the development and implementation of the CTICC’s financial strategy, which comprises the strategic leadership of finance and supply chain management, and growth and resource management […]

Alet Coetzee CA(SA) promoted to Chief Financial Officer of Northam Platinum

Alet Coetzee has been promoted to Chief Financial Officer of Northam Platinum. She previously served as Group Financial Controller. A Chartered Accountant, Alet is a former Associate Director at Ernst Young. She holds a B.Com (Hon) in Accounting and Finance from the University of Pretoria/Universiteit van Pretoria. Source:

Lesego Sennelo CA(SA) will sit on the Board of Directors of Redefine Properties

Lesego Sennelo of Gosele Advisory Services will take a seat on the Board of Directors of Redefine Properties on 2 November 2018. She already holds directorships with OneLogix Group, Reef Tankers and Ohorongo Cement. A qualified Chartered Accountant, Sennelo is past president of the African Women Chartered Accountants Forum and a former Managing Director of […]

Zarina Bassa CA(SA) will join the JSE Board as independent non-executive director

Zarina Bassa will join the JSE Board as independent non-executive director. Zarina has been appointed chairperson of the SRO Oversight Committee and will sit on the Group Risk Management Committee. A member of SAICA: South African Institute of Chartered Accountants, she also sits on the boards of Woolworths, Sun International, Investec and Oceana Group Limited, […]

SAWEA announces new board with Tebogo Movundlela CA(SA) in the lead

The South African Wind Energy Association (SAWEA) has announced its new Board of Governance, following its 7th AGM held in Cape Town, 18 October 2018. Tebogo Movundlela, has been elected as the new Chair of SAWEA.  She will lead the association as it continues to pioneer sustainable development of the Wind sector in South Africa. “My […]

Julia Christelis CA(SA) has been appointed Associate Director at Accounting and Financial Advisory (AFA)

Julia Christelis, a former senior manager with Deloitte South Africa, has been appointed Associate Director at Accounting and Financial Advisory (AFA). A registered Chartered Accountant and member of the SAICA: South African Institute of Chartered Accountants, Julia’s areas of expertise include the technology, media and telecommunications industries. She joined Deloitte in 2009, and has held […]

Safiyya Carrim CA(SA) has been appointed Associate Director at KPMG South Africa

Safiyya Carrim CA (SA) has been appointed Associate Director at KPMG South Africa. Safiyya joined KPMG in 2010 and has held various senior positions, including Senior Manager and Audit Manager. A Chartered Accountant and experienced Information Technology Auditor, she has a BComm from the University of Johannesburg. Source: NOW Network of Women

ArcelorMittal SA appoints Avinash Desmond Maharaj CA(SA) as new CFO, executive director

Steel company ArcelorMittal South Africa said on Friday its board had approved the appointment of Avinash Desmond Maharaj as chief financial officer and executive director from October 1. It said Maharaj, a qualified chartered accountant, had a 22-year career with 17 years at a senior executive level in finance and general management level. Gerhard van […]

PROFILE: Conquering fears and living her dream

Mrs Pretoria-Tshwane finalist – Ronel Jooste CA(SA) Despite excelling at academics and sport at school, the beautiful Ronel Jooste describes herself as being extremely shy while growing up. And during articles, she hardly said a word either. In fact, if you had to ask one of her fellow article clerks whether one day she’d earn […]

TFG appoints Bongiwe Ntuli CA(SA) as Chief Financial Officer

Fashion retailer TFG has poached the CEO of Grindrod Freight Services, Bongiwe Ntuli, to fill the role of finance chief. TFG said previously that Anthony Thunström, the current CFO, would move into the CEO role on September 3. Current CEO Doug Murray will step down at that time after almost 11 years in the job. […]

Flight Centre SA appoints Euan McNeil CA(SA) as new CFO

Flight Centre Travel Group South Africa has appointed a new chief financial officer. Euan McNeil will be taking over the position of chief financial officer for the travel group as of September 2018. McNeil was previously the general manager of FCM South Africa. According to Andrew Stark, the Managing Director of FCTG for the Middle […]

Media24 appoints Mobasheer Patel CA(SA) as new chief financial officer

Media24 announced the appointment of Mobasheer Patel as chief financial officer (CFO) with effect from 1 September. Patel (41) joins Media24 from Old Mutual where he has served in several senior positions over the past 17 years, most recently as CFO of Old Mutual Wealth & Investments. Prior to this he was CFO at Old […]

Andile Khumalo CA(SA) joins House of Brave as non-executive chairperson

Andile Khumalo has been appointed as House of Brave’s new non-executive chairperson. Khumalo currently serves as the chief investment officer of MSG Afrika. He is also a former member of the Takeover Regulations Panel of South Africa, and also served as a non-executive director of South African Airways, president of ABASA, and treasurer of the […]

Profile: Chris Hefer

Chris Hefer is an avid sports fan, but he never imagined that his career as a CA(SA) would launch him into the exciting world of the sports industry. Being part of the professional sports franchise Vodacom Bulls and being exposed to the ‘behind the scenes’ action daily allow him to enjoy experiences most people would […]

International Profile: Ryan Maree

From its inception, 2 000 years ago to the medieval period, the world wars through to the financial crisis in 2008 and the vote to the leave the European Union in 2016, London has been at the centre of the world for over two millennia. It is a city where ancient and modern intermingle to […]

Telkom appoints Tsholofelo Molefe CA(SA) as new CFO

Telecommunications provider, Telkom has announced the appointment of Tsholofelo Molefe as the Group Chief Financial Officer effective 1 July 2018. Molefe who will be taking over the role from Deon Fredericks who has been with the company since 2016. Notably, Fredericks will assume the role of Chief Investment Officer for Telkom SA SOC Limited. According […]

Lecturer by Chance

One of the people Mangakane Lehlogonolo (Nolo) Pududu credits for her choice of becoming a CA(SA) is her Grade 8 accounting teacher, Mrs. Sebastian. ‘She was absolutely amazing. The way she spoke about accounting, the way she was so passionate about it, I knew that this was what I wanted to do!’ Read Nolo’s story […]

From the Great Wall to the City of Bridges

People working in the USA are often employed at will, meaning that they are not protected from dismissal by their contracts. Although this can be worrisome, Martin believes this flexibility helps to create many work opportunities in the USA (the unemployment rate is only around 4%). Martin Pittorino tells us more. Please read the full interview […]

Transnet names Mohammed Mahomedy CA(SA) interim group CFO

Mohammed Mahomedy has been appointed Transnet’s interim group chief financial officer by Minister of Public Enterprises, Pravin Gordhan. Mohamedy is a chartered accountant and, over his 12 years of service at Transnet, has led key strategic portfolios within finance. He was previously general manager finance at Transnet Group Capital.   He will formulate and lead […]

Christiaan Engelbrecht CA(SA) takes over as Rectron Financial Director

Christiaan is a registered chartered accountant with the South African Institute of Chartered Accountants. After completing his articles at Deloitte in 2006, he remained in Assurance and Advisory services, working for Deloitte in both the South African and United Kingdom firms. He joined Vodacom as Executive Head of Finance Operations at the start of 2013 […]

Thabo Phokane CA(SA) named Servest CFO

Thabo Phokane has been appointed as Servest’s new CFO. Phokane is a CA (SA) with over 15 years of commercial experience. He studied at the University of Durban Westville and after he completed his articles at Deloitte & Touche he held various positions at Colliers RMS and Sars. Phokane also worked at MTN, where he […]

Dave Roberts CA(SA) to lead the OOH businesses for Primedia

Effective from 1 February 2018, the Primedia Unlimited business cluster report to Dave Roberts, current CEO for Primedia Outdoor and Primedia Outdoor Africa. Dave will be responsible for the integration and executive management of the Primedia OOH businesses. The new reporting lines of the Primedia Unlimited businesses is part of the roll-out of Primedia’s strategy […]

Waseem Carrim CA(SA) appointed NYDA CEO

3/29/2018 MEDIA STATEMENT STATEMENT OF THE NATIONAL YOUTH DEVELOPMENT AGENCY (NYDA) ON THE APPOINTMENT OF THE CHIEF EXECUTIVE OFFICER (CEO) BY EXECUTIVE CHAIRPERSON, MR SIFISO MTSWENI. The National Youth Development Agency (NYDA) wishes to announce the appointment of the new Chief Executive Officer (CEO), Mr Waseem Carrim. The NYDA embarked on a process to fill […]

Phillip Matthee CA(SA) appointed Spur Corporation Financial Director

Phillip Matthee (or Phil, as he prefers to be known), currently group finance executive, has been appointed as financial director and an executive director of Spur Corporation with effect from 1 April 2018.  This follows the resignation of Ronel van Dijk as financial director with effect from 31 March 2018, as announced on 27 November […]

Mark Steyn CA(SA) new Bidvest Group CFO

As announced in November 2017, Peter Meijer, Bidvest Group CFO, will be retiring on 28 February 2018. The Bidvest board of directors has approved the appointment of Mark Steyn as CFO, and executive director, effective 1 March 2018. Mark, who is a CA (SA), joined Bidvest in May 1997 and has held various financial positions […]

Altron appoints Tim Jacobs CA(SA) acting Group CFO

Thursday, March 1, 2018 JSE-listed Allied Electronics Corporation Limited (Altron) today announced that it has appointed Tim Jacobs as its acting Group CFO with effect from 1 March 2018. In welcoming Jacobs, Altron Group Chief Executive Mteto Nyati said, “Our search for a permanent Group CFO is underway and I wish to welcome Tim to […]

FirstRand bags MMI’s rising star Mary Vilakazi CA(SA)

FirstRand has appointed its first female executive director, snapping up MMI’s deputy CEO, Mary Vilakazi in a move that puts her in the running for the banking group’s top job and adds to MMI’s leadership woes. FirstRand said on Tuesday that group CEO Johan Burger would be retiring at the end of March, to be […]

Jacques Preyser CA(SA) – the new leader of Europ Assistance South Africa

Jacques Preyser has been appointed as the new Chief Executive Officer (CEO) of Europ Assistance South Africa, effective 1 February 2018. Jacques will be taking over from Christelle Colman who will be pursuing new business opportunities within the insurance industry. Jacques has close to 40 years’ experience in the corporate sector, with 30 of these […]

Liberty Holdings appoints Yuresh Maharaj CA(SA) as Group Financial Director

Liberty Holdings Limited is pleased to announce the appointment of Mr Yuresh Maharaj as Group Financial Director with immediate effect. Mr Maharaj was appointed as the Executive Head of Finance at Liberty Holdings in September 2015, and prior to this he was a partner for 9 years within the insurance and actuarial practice at Deloitte. […]

Tourvest appoints Sean Joubert CA(SA) as new Chief Executive

Sean Joubert has been appointed as chief executive of the integrated tourism group Tourvest from 1 January 2018.  He succeeds Tommy Edmond, who retires at the end of the year. Joubert, 50, is currently the chief operations officer of Quintica a UK-registered company which streamlines and automates business processes and workflows.  Before that, he was […]

BAIC SA appoints Batandwa Mdyesha CA(SA) as new CFO

Johannesburg, 06 November 2017 – BAIC South Africa (SA) today announced the appointment of Batandwa Mdyesha as the company’s Chief Financial Officer (CFO) with immediate effect. Mdyesha will be based at BAIC SA’s head office in Johannesburg. Between 2009 – 2017, Mdyesha worked in senior accounting, auditing and financial roles at South African state-owned enterprises, […]

Odwa Mhlwana CA(SA) appointed CFO for Denel

Odwa Mhlwana is the new group chief financial officer.   Mhlwana is a qualified chartered accountant and served as group financial director of Denel’s subsidiary Denel Vehicle Systems (DVS) – then known as Land Systems Africa (LSSA) – in the past. Denel announced in August that it was ending its joint venture with Gupta-linked VR […]

IMD welcomes Bicker Caarten CA(SA) as its new MD

Richard Bicker Caarten has joined publishing and events company Interact Media Defined (IMD) as managing director (MD), effective as of Sunday, 1 October. This forms part of the company’s aim to take the business to the next level. The company decided to expand its leadership team with the aim of furthering its growth prospects and […]

NWK announces Pieter Kleingeld CA(SA) as new CFO

Another key position in the new executive management team of NWK was filled with the appointment of Pieter Kleingeld (42) as chief financial officer. He joined NWK as group manager: Asset Management and Risk Services in 2015 and will take up the reigns of the new position from 1 November this year. As a chartered […]

Clover appoints Frantz Scheepers CA(SA) as new CFO

JOHANNESBURG – Dairy products group Clover Industries on Tuesday announced the appointment of chartered accountant Frantz Scheepers as the new chief financial officer (CFO) designate, effective 1 November, taking over from Elton Bosch. Clover said over the next two months, Scheepers will act as the CFO designate and work closely with Bosch to ensure a smooth transition. […]

MiX Telematics appoints Fundiswa Roji-Maplanka CA(SA) to its Board of Directors

MiX Telematics, a leading global provider of fleet and mobile asset management solutions delivered as Software-as-a-Service (SaaS), today announced that Fundiswa Roji-Maplanka CA(SA) has been appointed as an independent non-executive director and a member of the Audit and Risk Committee, and of the Social and Ethics Committee of the company, effective 3 October 2017. Fundiswa […]

BP Southern Africa (BPSA) appointed Priscillah Mabelane CA(SA) as its new CEO

Mabelane is the first woman in the history of the country’s oil industry to head a multi-national company, marking a significant milestone in the organisation and industry’s transformation journey. She will take the helm on 1 September, exactly six years after joining the organisation in 2011 as CFO. BPSA said Mabelane has more than 20 years of […]

Renault South Africa appoints Jaco Oosthuizen CA(SA) as new MD

Jaco Oosthuizen has been appointed as managing director of Renault South Africa effective 1 July 2017. He will report to Osman Suluman Arbee, chief executive officer of Motus Corporation, following a six-month term as managing director Designate under incumbent MD Nicholas de Canha. Oosthuizen, a chartered accountant, started his career at Deloitte & Touche in […]

BDO South Africa promotes Bernice Pillay CA(SA)

BDO South Africa has promoted Bernice Pillay to the position of associate director for business services and advisory at the Durban office. Pillay will have six members of staff reporting to her in the new role. Pillay is a qualified chartered accountant and joined BDO as an audit manager in Durban, 10 years ago. Source: […]

Rushay Singh CA(SA) joins BDO as audit partner

BDO South Africa has appointed Rushay Singh as its new audit partner as the Pretoria office. Singh is a qualified chartered accountant, registered assessor, and registered auditor and joins BDO after owning and managing his own auditing and advisory practice for four years. Singh has 11 years’ experience in the financial services sector and is […]

Primedia Broadcasting strengthens leadership team with appointment of Lucy Diole CA(SA) as new CFO

Lucy Diole will take over as CFO from Michelle Sampson who is moving on to a new opportunity after more than a decade with Primedia Broadcasting. An SAICA accredited chartered accountant, Diole has more than 10 years post articles experience. She has served as CFO in her previous company, and has experience across the spectrum […]

Senele Mbatha CA(SA) has been promoted to Chief Financial Officer, AIG Africa

AIG is pleased to announce that Senele Mbatha CA(SA) has been promoted to the role of Chief Financial Officer, AIG Africa. Senele will be responsible for all the financial functions including Controllership, Financial Planning & Analysis, Capital Management, Actuary, Tax and Financial Operations for AIG across Africa. Senele is a Chartered Accountant and has held […]


Kumba Iron Ore Limited announced the appointment of Mr Bothwell Mazarura as Chief Financial Officer and Executive Director, effective 1 September 2017. Bothwell holds a Bachelor of Accounting Science Degree from the University of South Africa and is an accredited Chartered Accountant in three jurisdictions – England and Wales, South Africa and Zimbabwe. Mr Mazarura […]

OMAI appoints Nabeel Laher CA(SA) as Head of International Private Equity

Old Mutual Alternative Investments (OMAI), Africa’s largest private alternative investment manager, has appointed Nabeel Laher as Head of International Private Equity, which manages over R8 billion (US$600 million) in international private equity funds. A chartered accountant with over 10 years’ financial services and operational experience, Nabeel joined OMAI’s International Private Equity team in March 2015 […]

Tyrone Soondarjee CA(SA) named Cell C’s new chief financial officer

Soondarjee has 30 years’ experience in financial services, and was most recently financial director at the Sasfin Group Cell C has appointed Tyrone Soondarjee as its new chief financial officer replacing Robert Pasley, who will return to his original role as chief strategy officer, effective from July. Soondarjee brings 30 years of experience in the […]

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 new CFO of Pioneer Foods. […]

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 the Eastern Cape, a former […]

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 Interim CFO in November 2015 […]

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 a Chartered Accountant with over […]

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 the special award in “recognition […]

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 experience in the financial sector, […]

BT Appoints Jan du Plessis CA(SA) as Next Chairman

LONDON (Reuters) – Britain’s BT has appointed Jan du Plessis CA(SA), chairman of miner Rio Tinto as its next chairman, taking over from Mike Rake who has led the telecoms group for 10 years. BT said on Thursday that du Plessis would join its board as a non-executive director on June 1, and become chairman […]

Murray & Roberts appoints new FD

Murray & Roberts (M&R) has appointed Daniël Grobler CA(SA) as its new group FD, effective April 1, to succeed retiring Cobus Bester who was in the position for six years. A chartered accountant, Grobler has been employed in various financial and leadership functions within the group since 2010. Most recently, he was the MD of […]


Peter-John Barclay, President and CEO of DriveABLE Assessment Centres Inc, says being a CA(SA) has granted him access to a job straight out of university and opened doors to multiple opportunities Five years ago, Peter-John Barclay adventurously set out to Edmonton, Canada, for an international experience and says it has matured him in all aspects […]

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 effect from 1 January 2019. […]

Jurgen Boyd CA(SA) to lead investment institutions

Following the departure of Mr Bert Chanetsa from the FSB at the end of December 2016, Adv. Tshidi, in his capacity as the Registrar in terms of the Financial Markets and Credit Rating Services Acts has delegated his powers and functions to Mr Jurgen Boyd, who will exercise the said powers and functions in addition […]

Listed Namibian Property company appoints Carel Fourie CA(SA) as new Chief Executive Officer

Oryx Properties Limited, the only Namibian property company listed on the Namibian Stock Exchange, has announced the appointment of Carel Fourie as its new chief executive officer with effect from 1 March 2017. Oryx Properties has a premier-quality retail, industrial and office real-estate portfolio valued at about R2.326 billion which generates a dependable, sustainable and […]