ABASA - FOSTERING EXCELLENCE TO ACHIEVE ECONOMIC TRANSFORMATION

3 Day Event

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FOSTERING EXCELLENCE TO ACHIEVE ECONOMIC TRANSFORMATION

The ABASA Convention is our annual flagship event. Its focus is the creation of a pipeline of leaders who will push the agenda of transformation at higher echelons of management. It is an opportunity for ABASA to showcase what the organisation is about and to create a platform for potential employers to engage with black talent. It presents an opportunity for the organisation to set targets for the next 12 months, report on activities of the organisation to members and celebrate the milestones of transforming the profession

Whilst radical economic transformation has become a useful populist slogan, there is a bit of truth in it. Unless we are indeed transformative, and we are radical in the sense that we get to the roots of the problem, and radical in the sense that we lend a new sense of urgency to bring about economic change and greater levels of social justice, we won’t be solving South Africa’s problems, and nor are we going to be able to blame somebody else for those problems either.
At Convention 2017, we will unpack the meaning of radical economic transformation in the context of our profession and professional environment.

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"ABASA supports black accountants – and those aspiring to join the profession so they can meaningfully participate in the management and leadership of companies and national economies for their own advancement and the growth and development of the African continent"
About
Our Team

OUR SPEAKERS

Phuthumanhleko

Phuthuma Nhleko

Afrisam Chairman
AntheaG

Anthea Gardner

Managing Partner Cartesian Capital
BonganiC

Bongani Coka

CEO of South African Institute of Professional Accountants
KhomotsoM

Khomotso Molabe

Standard Bank - Executive & Head: Client Experience Transformation
ElmarieS

Elmarie Sadler

UNISA Executive Dean: College of Accounting Sciences
WilfredN

Wilfred Ngubane

CEO of Ngubane & Co
AbedT

Abed Tau

Director of Thamani Consulting & Co-Founder of Tuta-Me
SimphiweZ

Simphiwe Zuma

Our Team
Our Team

Phuthuma Nhleko

Phuthuma Nhleko was until March 2011 the group CEO of MTN, the sixth largest company on the JSE by market capitalisation and the largest company with a primary listing in South Africa. During his 10-year leadership tenure at MTN from 2002 to 2011, he transformed the company, driving its exponential growth through significant expansion into 22 countries in Africa and the Middle East. In May 2013, he returned as chairman of MTN and since November 2015 has served as acting Executive Chairman until March 2017. His prior directorships include BP Plc, Anglo American Plc, the Nedbank Group, Old Mutual SA, Johnnic Holdings, the Bidvest Group, Alexander Forbes and Global Mobile Association (GSMA). He holds a BSc in Civil Engineering from Ohio State University and a Master of Business Administration from Atlanta University.
Phuthuma is the current chairman of Afrisam, Phembani Remgro Infrastructure Fund and the Nelson Mandela Children’s Hospital.
Phuthuma started his career as a civil engineer in the United States, Swaziland and South Africa. He then worked as an investment banker at Standard Corporate and Merchant Bank.
Phuthuma is the chairman and co-founder of Phembani Group which was formed in 1994 and has successfully evolved from a start-up black economic empowerment company to a resource, cement and energy-focused investment holding company. Phembani Group has a significant interest in Engen in partnership with Petronas, a managing stake in Afrisam and a majority shareholding in coal assets with Glencore and BHP. Phembani Group’s strategy is to focus on a small number of large investments where it can have a more meaningful influence on the strategy formulation and implementation of operations. Under Mr. Nhleko’s guidance Phembani Group absorbed Shanduka Holdings into Phembani Group creating a R13 billion company in December 2015.
Phuthuma has also played an instrumental role in the formation of Phembani Remgro Infrastructure Fund, after having raised $350 million for infrastructure projects on the continent.

Anthea Gardner

Anthea Gardner is founder and Managing Partner of Cartesian Capital. She started her finance career at HSBC, Johannesburg whilst completing her MBA at Wits Business School, where she achieved a first class pass for her research thesis in Option Pricing Models and their relevance in the South African market. In 2004 she joined Rand Merchant bank on the equity derivatives sales trading desk where she was instrumental in offering Single Stock Futures to clients and starting the institutional CFD (Contracts for Difference) product. Her move to Morgan Stanley, London, in 2007, as an emerging markets derivatives specialist, was to cover the European and US client base focusing on emerging markets in Eastern Europe and Africa. After Morgan Stanley, she joined the investment team at the African Development Bank in Tunisia, as a Fixed Income portfolio manager. Her team of four managed $22bn in bond and currency portfolios and Anthea was solely responsible for the €2bn arbitrage book. Her entrepreneurial spirit took her to the south of France for a year and a half to start a property business before returning to South Africa. Anthea is a regular market commentator on Moneyweb, CNBC Africa, Classic fm and also has a daily market commentary feature on CliffCentral.com

Bongani Coka

Mr Bongani Coka is the current Chief Executive of South African Institute of Professional Accountants, a board member of Pan African Federation of Accountants, a King Committee Member and a Council Member of IFAC.

Mr Coka most recently fulfilled the role of CEO at Productivity SA for five years, after having served as the organisation’s CFO for 10 years.

Further adding to his professional experience is Mr Coka’s previous board memberships of Productivity SA board and Secretary General of Pan African Productivity Association

Khomotso Molabe

Khomotso has a wide range of interests in life which includes balancing several challenging and exciting roles. These include the complex job of being a perfect husband, wrestling with fatherhood of his 2 children, a passion for long distance running, academia and a soccer player. Khomotso has completed 6 comrades’ marathons but still struggling with the elusive six pack. Khomotso is also a political observer and chairperson of a social and community development club. He is generally regarded by his colleagues and friends as a passionate lunatic. He is also a die-hard Kaizer Chiefs, Chelsea and Barcelona fan.
Khomotso started his working career as a Chemical Engineer in a multinational catalytic component manufacturing company. He held several roles in design engineering, process engineering and production engineering before progressing in senior leadership roles in the same company.
Khomotso joined Standard Bank in 2008 as part of a “muscle build” Operations initiative to bring in people from a manufacturing background. Khomotso then led the design and implementation of several strategic capabilities required to support integrated processing centres (IPC’s). These include National Improvement Management (NIM), operational planning, quality management and leading work for the building of an integrated Payments processing centre. He was the Project Executive and Head of Group Operations Shared Service initiative. This project aimed to merge common processing for PBB and CIB. He later took on the role of Head: Features and Services Engineering focusing on redesigning processes; from which he moved into the role of Head: Business Transformation and Enablement. This included the responsibility for Core Banking, Strategy Enablement, Regulatory Reporting and Business Monitoring and Enablement. He led Africa’s largest business transformation initiative for Standard Bank ensuring the move from legacy systems into one core banking platform. For a period of time he drove the Genesis journey while in the position of Head: BTE and has subsequently been appointed as the Head: Client Experience Transformation. Khomotso has transformed Personal and Business Banking using the New Ways of Working principles to ensure the bank delivers against what matters to customers perfectly. He has been at the forefront of establishing Proof of Concepts across various Product Houses which have now transitioned into fully fledged labs where the agile principles are adopted and where co-location of IT feature teams with business is critical for the successful delivery of new and improved methods. He has recently been appointed into the Head of Digital Banking, Moonshots and e-Commerce where he will be driving the digital banking strategy for PBB SA.
He holds a B-degree in Chemical Engineering and Masters in Business Leadership. He is the recipient of the DOW Sentrachem Award for outstanding academic achievement a b-degree level, Johnson Matthey Quality Improvement Award and Standard Bank 2010 True Blue Top 100 Award. He was selected as one of the Top ABSIP Game Changers for 2016 and he has been recently nominated as a game changer for the Customer Experience Africa Summit.

Elmarie Sadler

Elmarie Sadler is since 1 January 2014 the Executive Dean of the College of Accounting Sciences at the University of South Africa. During 2013 she acted as Executive Director and Chief Executive Officer of the Unisa Graduate School of Business Leadership (SBL). She has been the Deputy Executive Dean in the College of Economic and Management Sciences since January 2010, where she has been primarily responsible for leading and successfully implementing the turnaround strategy for research and innovation in the College.

She holds a DCompt (1989) from Unisa. While her professional career started at an accounting firm, she has been involved in higher education teaching and scholarship in the Accounting and Management Sciences since January 1982. Her career in higher education, stretching over three decades, was primarily aimed at providing professional education in the field of Accounting Sciences meeting the constantly changing requirements for rigorous applied education of national and international professional and academic accreditation bodies. She authored and co-authored numerous scholarly publications and reports, and has served as editor of various peer-reviewed journals. Her research excellence has been recognised by Unisa by awarding her the Chancellor’s Prize for Excellence in Research in 2008.

Her exceptional leadership skills have been recognised in 2009 when she received the Chairperson of Unisa Council Award for Distinguished Leadership, inter alia for her success in improving the equity profile of the School of Accounting Sciences through the appointment of numerous black Chartered Accountants.

Her mainly applied research therefore focused primarily on solving specifically equity challenges related to the Accounting profession. She consequently authored and co-authored numerous scholarly publications and reports based on this research. Prof Sadler has served as editor of various peer-reviewed journals. Her research excellence has been recognised by Unisa by awarding her the Chancellor’s Prize for Excellence in Research in 2008.

As an active member of the Institute of Chartered Accountants in South Africa (SAICA), as well as the Institute of Internal Auditors (IIA (SA), she has served on various committees of these Institutes, responsible for, inter alia, standard setting an evaluation.

Wilfred Ngubane

Wilfred is the founding CEO at Ngubane& Co. Inc. Chartered Accountants. He has vast experience within the public sector.

Prior to establishing the Firm in 1995; he worked as a Financial
Accountant at the Independent Newspapers, after earlier work experience as an Internal Auditor at the University of Zululand, Business Advisor at the Small Business Development Corporation and articles at KPMG.

He offers strategic insight and client liaison perspectives in most of the group’s key assignments. He sits on the Audit Committees of a number of key organizations

Abed Tau

Abed Tau completed his articles in 2012 at Deloitte, Johannesburg. He obtained a 1st time pass for both his CA qualifying exams. During his articles, he was exposed to a number of different industries with clients that included E Oppenheirmer and Son, Adcorp Holdings and Bidvest. Abed also lectured Accounting to final year students at UJ.

Abed and his wife co-founded a tax consulting business, Thamani, which has grown its revenues more than ten times since its inception three years ago. Thamani aims to give advice to small start-up companies. The company employs other young CA’s who have the same entrepreneurial aspirations. Abed’s aims to create a multi-faceted global competitive company within the next year.

Tau’s big picture thinking and entrepreneurial nature has transformed education into a platform, giving students access to tutors through his digital app, Tuta-Me. Also known as the Uber of tutors, South Africa’s very first on-demand tutoring edu-tech start-up was been named the second-best tech start-up in South Africa by Hack Jozi in 2016. Tuta-Me has gone on to raise seed funding and more recently completed a multi-million Series A round of Funding from The PSG Group

Abed was a finalist in the SAICA Top 35 under 35 competition last year and more recently partnered with Investec Private Banking on their #MoreThanData campaign.

Simphiwe Zuma

Simphiwe is currently the Professional Market and Network Firm Team Leader for CaseWare Africa. She is passionate about providing financial professionals on the continent with the right technology for automation. Described as a goal driven and self – confident individual, Simphiwe has also now gone above and beyond by working towards completing her MBA as a part-time student at Wits Business School.
EDUCATION
Name of the Institution: Wits Business School (2017)
Qualification: Masters in Business Administration
Name of the Institution: Wits Business School (2016)
Qualification obtained: Postgraduate Diploma in Business Administration (Award: Nominated to Dean’s Honour List)
Name of the Institution: Language Corps USA (2011)
Qualification obtained: TESOL Teaching Certificate
Name of the Institution: University of Cape Town (2008)
Degree obtained: B Com – Financial Accounting
Award: Golden Key

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Event Programme

ABASA CONVENTION 2017                                                                                                                                   ICC DURBAN                                                                                                                                       6 -8 SEPTEMBER 2017                                                                                                                                            POTENTIAL SPEAKER UPDATE REPORT
Time slot Agenda item Speaker
Day 1
09:00 – 10:00
Opening Zandile Gumede
Day 1
10:00 – 12:00
Role of ABASA/accountants in advancing radical economic transformation
Day 2
09:00 – 11:00
The SME business landscape Wilfred Ngubane
Mbusiswa Ngcobo
Day 2
11:30 – 13:00
Major technological trends that will impact the future accountant’s job Simphiwe Zuma  ( CQS)
Khomotso Molabe, Executive & Head: Digital Banking, Moonshots & e-Commerce
Abednego Tau
Day 2
14:30 – 16:30
Achieving excellence in education Dr Rufus Poliah, the Chief Director for Public Examinations and Assessments at Department of Basic Education
Bongani Coka (SAIPA)
Ms Nombulelo Nxesi – ETDP SETA CEO
Prof Sadler – UNISA
Day 2
18:00 – late
Gala dinner Phutuma Nhleko
Day 3
09:30 – 11:00
Banks case study Khomotso Molabe, Executive & Head: Digital Banking, Moonshots & e-Commerce
Day 3
11:30 – 13:00
Entrepreneurs journey to success Anthea Gardner – CEO of Cartesian Capital
Wilfred Ngubane
Andile Khumalo
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