Viewpoints: The evolution of the CFO

Social Enterprises AdvisorIt feels like fortuitous timing, writing this piece as the world is coming to term with the impact of the COVID-19 outbreak. I reflect below on the tremors across industries and my personal reflection as a CFO in the mid-2010s. One thing is certain – CFOs have shed the traditionalist roles of the…

CFO optimism falls to all-time low

The coronavirus pandemic has reduced CFO business optimism to an extremely low point, according to a SAICA and Duke University business outlook survey. The quarterly survey was conducted over six weeks beginning February 25 and the results document the impact of COVID-19 on businesses around the world. Results below are for South Africa and Africa,…

Leading CFOs speak about the new normal

How will we go back to work, what safeguards will be implemented and how will the working environment change? We spoke to three CFOs from different industries to find out more. As businesses prepare for a post-COVID-19 future, many leaders suggest that we should not expect a return to the past. With the crisis evolving…

Professional accounting designations for SANRAL

When the Auditor-General South Africa (AGSA) releases its annual audit outcome reports, state-owned companies (SOCs) are usually accused of being run poorly and not sticking to good governance guidelines. The numerous challenges CFOs of these organisations face – including basic upskilling of their teams to enhance the finance capabilities required to produce financial information (financial…

Join hands to support our students

It’s common company practice to stick to a three-year cycle to update and upgrade employees’ computers and laptops, but many of these devices still have years of use to go. So, instead of sending them off to the recycling depot, rather follow DriveRisk’s example in donating them to a worthy cause. Here’s how the country…

Former bursary student hits a six

Tennyson Botes, who was recently appointed interim CEO of the Western Province Cricket Association (WPCA), shares his journey toward attaining South Africa’s premier business designation, Chartered Accountant South Africa (CA(SA)) For 18 years now, the Thuthuka bursary has been empowering South Africa’s youth from previously disadvantaged communities with educational support to pursue the accountancy profession…

It’s now up to you!

Dr Mitan Nana CA(SA) It is now up to you to decide through your actions and your sense of responsibility – both to yourself and perhaps more importantly to others – just how safe you would like to be. Not even three months ago, I would have been laughed at had I even dare suggest…

On strategy at the V&A Waterfront

With a background in financial management and business valuations, I have always been intrigued by ‘strategy’, the thing that ultimately sets a company apart from the next and probably, together with strong leadership, the main driver behind sustained value creation. In a series of interviews, I will be exploring the different approaches of different business…

Beneficial ownership

In the COVID-19 era, beneficial ownership could be one of the commercial triggers to reignite the South African economy. Financial crime is a significant problem that we as a country, and indeed a global community, have to deal with almost continually. Hardly a week passes without hearing of a case involving fraud, corruption or looting…