Community

Unforgettable night! Tanzanian finance execs turn up for groundbreaking CFO East Africa launch

Over 60 top Tanzanian finance leaders came together at Hyatt Regency Hotel in Dar es Salaam for the much-anticipated launch of the local chapter of the CFO East Africa community. Engaging conversations were held dwelling on the agenda for an active CFO community in the country. The occasion was supported by event Principal Partner PwC.

CEO Jane Karuku encourages CFOs to prioritise ESG

Business leadership today goes beyond the bottom line and demands a commitment to ESG principles. This was the message Jane Karuku, the trailblazing CEO of East Africa Breweries Limited, delivered at the recent CFO East Africa ESG Summit.

Leadership

CFO Adrian Safari explains the benefit of emotional intelligence

Adrian Safari, the CFO of micro-financier Juhudi Kilimo, was nicknamed Dre in his youth, because of his first name and his love for hip hop artist Dr Dre. Co-incidentally, he also wanted to be study medicine but commerce and finance turned out to be his true calling.

CFO Juma Kimori seeks positive impact and a long-term view

As CFO of Tanzania’s number one bank by profit, Juma Kimori employs an open door policy. The idea that any member of staff can knock on his door and seek an audience with him has been something he has found motivates charges in every company he has worked for. Having patience has also propelled his career; remaining calm in the knowledge that everything happens for a reason. Looking at his journey, he has found there are times he has had to wait for things to happen rather than rushing.

Insight

FD Nelly Kiogora-Toroitich says if ESG is not measured, it doesn’t get done

At a recent company annual general meeting “activists outnumbered shareholders”, Nelly Kiogora-Toroitich, the finance director of Unilever East Africa, recently explained at the CFO East Africa ESG Summit. This, she says, shows that people are more informed and pushing for the agenda of sustainability.

Strategy

CFO Orge Godana’s quest for authenticity and excellence

Orge Godana, the group CFO at Java House Africa, is greatly inspired by Indra Nooyi. She considers Indra’s book My Life in Full: Work, Family and Our Future, a must-read for every professional, women in particular.

Sustainability and Reporting

PwC's Edward Kerich unpacks reasons why the ESG journey is just beginning

Edward Kerich is a partner at PwC in Kenya with responsibility for Environment, Social and Governance (ESG) advisory. He took time to speak to CFO East Africa about the ESG landscape in the region, including the challenges and opportunities of sustainable practices and reporting.

Diversified business model pays off for FD David Abwoga

At a recent financial results briefing, David Abwoga, the director of finance of NCBA banking group, celebrated the contribution of the banking group’s subsidiaries outside of Kenya to the group’s profit after tax.

Lawrence Kimathi explains the impact of forex fluctuations on banks

Lawrence Kimathi, the group FD of KCB, has described the banking group’s financial results for the year ended December 2023 as a mixed bag. Lawrence celebrated the growth in the balance sheet with both loans advanced and customer deposits showing marked increases. He however lamented the increase in non-performing loans (NPL) stock from Ksh 161 billion to Ksh 208 billion.

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