By Ankur Prakash, Vice President, New Growth and Emerging Markets, Wipro Limited 30 October 2017 As we race towards an uncertain future, one thing’s for sure: Artificial Intelligence (AI) is here to stay. We cannot know exactly how it will reshape our work, our businesses, and our lives in general, but there are some fascinating and…
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.…
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…
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 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…
The National Treasury notes with concern the statement issued by the Competition Commission on the completion of an investigation into price fixing and market allocation by 17 banks, including three South African banks, all of which have an international footprint. As the Competition Commission indicated in its statement, the matter has now entered a new…
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.…
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…
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…
Chartered accountancy has a long history of being a male-dominated profession. Indeed, according to the most recent member statistics from the South African Institute of Chartered Accountants (SAICA), only 35% out of all of South Africa’s registered chartered accountants (CAs[SA]) are women, with female African CAs(SA) making up just 5% of total membership. While still…