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The four pillars of the new IFRS Sustainability Standards

The two IFRS Sustainability Standards are IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information and IFRS S2 Climate-related Disclosures. The two standards have four pillars in common illustrated below. For S1, these are sustainability-related while for S2 these are climate-related.

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Sustainability

CEO Luvhengo Neswiswi says sustainability should be the ultimate goal

As a pre-teen living in Soweto in the 1987, Luvhengo Neswiswi once happened to stumble upon his father’s payslip. He might’ve been very young still, but he knew enough of the world to be dumbstruck by the fact that their family of ten had to survive on the R180 per week his dad was earning as a van driver. From time to time, his mother supplemented the family income by selling traditional brew, but still, to say that they were impoverished family would be to state the obvious.

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Sustainability

Difference Between ESG And CSR – A 2 Minute Explanation

You've likely encountered the term CSR frequently, especially since the early 90s. No, I'm not referring to CSIR, the scientific research body headquartered in Pretoria; I mean Corporate Social Responsibility. Occasionally, 'responsibility' is replaced with 'investment,' transforming the acronym into 'CSI.' Both terms are often confused with their newer counterpart, ESG, denoting Environmental, Social, and Governance.

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Financial Minds Blog - KC Rottok
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CFO Tinyiko Sihlangu explains the art of adaptive leadership

CFO Tinyiko Sihlangu explains the art of adaptive leadership

The demanding role of CFO at Royal Bafokeng Holdings (RBH) does not allow Tinyiko Sihlangu much time to read as broadly as she would like. Nowadays, she mostly indulges in topical articles that keep her updated and inspired. Reflecting on books that changed her mind set early in her career, she recalls the best-seller “The Leader Who Had No Title” by Robin Sharma.

CEO Rui Morais leads by listening

CEO Rui Morais leads by listening

Rui Morais had a significant role in this growth trajectory and in mid-2021 it was announced that he would be taking over as CEO when Ivan retired. Even though he was only 37 at the time, Rui says he wasn’t daunted by the task of being CEO of a listed entity with a turnover of R26 billion, because he felt he had the necessary support.

Kalnisha Naidoo appointed CFO of Lactalis South Africa

Kalnisha Naidoo appointed CFO of Lactalis South Africa

In an exciting development, Lactalis South Africa has announced the appointment of Kalnisha Naidoo as its new Chief Financial Officer (CFO), effective July 2024. Kalnisha brings over a decade of extensive experience in the fast-moving consumer goods (FMCG) industry to the role, highlighting her strong track record in financial leadership and strategic management.

CEO Ncumisa Mkunqwana’s journey from self-doubt to tenacity

CEO Ncumisa Mkunqwana’s journey from self-doubt to tenacity

When Ncumisa Saba-Mkunqwana fell pregnant in the second year of her articles at Deloitte in Gqeberha, she was determined not to let that halt her career. Committed to provide for her unborn child, she focused on crafting solutions rather than being fixated on the situation.

CA Leandra Matthews leads with empathy and excellence

CA Leandra Matthews leads with empathy and excellence

Among the lessons Leandra Matthews would give to her younger self is not to let your value be defined by someone else’s inability to see your worth; stand up for yourself more and trust your gut.

‘When I was younger, I really doubted myself and my sentiments would get muddled by ums and ahs when I was trying to express myself in meetings. In retrospect, if I prepared myself better, I would have been able to contribute quite positively to the discourse and not let my confidence drop,’ she explains.

Assurance Leader Stephen Ntsoane is passionate about touching lives

Assurance Leader Stephen Ntsoane is passionate about touching lives

Stephen Ntsoane was born and raised in Soweto, Johannesburg where he matriculated at Fonsluminis High School. He went on pursue a 3-year National Diploma in Cost and Management Accounting at Technikon Witwatersrand. Navigating his way to a Chartered Accountancy qualification, he did a 1-year bridging course at the University of Johannesburg (previously RAU) and completed CTA at the University of Kwa-Zulu- Natal through distance learning.

Amé Thwaits promoted to partner at EY

Amé Thwaits promoted to partner at EY

In an exciting development, EY Africa has announced the promotion of Amé Thwaits to the position of partner.

Amé is currently the EY Africa Innovation and Digital Leader in Assurance heading a division of 50+ people. She is a registered auditor (IRBA), signing audit opinions of various significant subsidiaries of listed entities. She has over 14 years of mining and financial services industry experience and SEC (PCAOB) and JSE experience.

Nomthandazo Chule appointed partner at EY

Nomthandazo Chule appointed partner at EY

Nomthandazo Chule has been appointed Partner at EY, promoted from the position of Associate Director which she held since since March 2022. Her journey at EY began as a Manager in November 2018 and her exceptional performance and leadership skills quickly propelled her to the position of Senior Manager by October 2020.