Vodacom poaches Nedbank’s CFO
Network carrier Vodacom said today it had appointed Raisibe Morathi as its chief financial officer (CFO). Morathi is currently Nedbank’s CFO – the bank... Read more.
Morathi quits Nedbank after a decade as CFO
Banking group Nedbank said today that its chief financial officer (CFO) Raisibe Morathi has resigned from the role. Her last day in office will be the end of September... Read more.
Anoj Singh’s accounting career in the doldrums
The South African Institute of Chartered Accountants (SAICA) has cracked the whip on controversial former Eskom and Transet CFO Anoj Singh. SAICA in a statement... Read more.
Standard Bank’s profits plunge 44% on the back of bad debt
South Africa’s biggest lender by assets, Standard Bank said today its profits for the six months ended June plunged 44% to R7.5 billion, as bad debts took... Read more.
Motsepe’s ARC and Sanlam partner to create one of the largest B-BBEE asset managers
Financial services giant Sanlam today announced it had signed agreements with Patrice Motsepe controlled African Rainbow Capital Financial Services (ARC FS) to... Read more.
‘Perfect’ COVID-19 storm hits Murray & Roberts in the pocket
South African based engineering and mining contractor Murray and Roberts said today it had lost out on more than R600 million due to the impact of the COVID-19 pandemic... Read more.
Ralph Mupita takes over as MTN boss
MTN, Africa’s largest mobile network today appointed its chief financial officer (CFO) Ralph Mupita as its new group CEO (GCEO) and president, replacing the... Read more.
SA economy deep in the woods
Key economic data released last week showed that South Africa’s economy is headed for a deep recession in the second quarter of the year. The lockdown regulations... Read more.
Battle for soul of Afrikaans at SA universities rages
The battle for the soul of Afrikaans at South Africa’s universities is raging, with the University of Stellenbosch (SU) the latest to be backed into a corner over... Read more.
Denel appoints Talib Sadik as acting CEO
Embattled state-owned arms manufacturer Denel today announced the appointment of Talib Sadik as its interim following the resignation of Danie Du Toit. Denel in... Read more.
