THE SOUTH AFRICAN TREASURER - FUTUREPROOFING TREASURY

TMI | THE SOUTHAFRICANTREASURER 1 FUTUREPROOFING TREASURY Roadmap to Adherence From the Chairman Mark Schwartz,ACTSA Chairman Let’s Do theTimeWarp Again… EbenMaré,ABSA Asset Management Acquisition Finance:Oiling the Wheels of Business Deals Tsholanang Kgosimore,Rand Merchant Bank Robotic Process Automation (RPA) – KnowYour Options Rudolph Janse van Rensburg, TreasuryONE IBORTransition: Challenges and Impacts for CorporateTreasurers Ulrich De Prins and Auguste Claude- Nguetsop,KPMG South Africa Technology is Key to theTreasury of Tomorrow Sheetal Shah,Nedbank CIB Treasurers’Investment Strategy: The Collateral Frontier and Search for Yield Pick-Up Steve Everett,Strate Collateral Management Services TUHF Leverages Kyriba for Mission-Critical Debt Management Advantage Evolution: DeloitteTreasuryTechnology Market Intelligence 2019 Are Banks Safer Now than During the Global Financial Crisis? MelissaMoore,Futuregrowth Asset Management Corporate FXHedging in Evolving AfricanMarkets Bulelwa Soyamba,ABSA CIB FutureproofingTreasuries: Is it Possible? Tamsin Freemantle ACTSA BoardMembers Contents TreasuryManagement InternationalLtd, WaneyEdgeBarn,FoxhillLane,Playhatch, ReadingRG49QF,UK Tel:+44 (0)1189478057 e-mail :tmi@treasury-management.com Internet:www.treasury-management.com EUOffice: TreasuryManagement InternationalKft. 2161Csomád,Verebeshegyu.11.,Hungary Editor EleanorHill CommissioningEditor &OperationsManager CarolineKarwowska CopyEditor ElizabethHennessy Sub-editor SueCampbell ConsultingEditor HelenSanders Accounts KarenRoberts CEO&Publisher RobinPage AssociatePublisher SamClarke Design&Production GlenOrford DigitalDesign AlexTierney DigitalContent Executive WillHollands Printed inEnglandbyMicropressPrinters ©2019P4PublishingLtd ISSNNo:0967-523X TMITREASURYMANAGEMENT INTRERNATIONAL ISSN 0967-523X ispublishedeighttimesayearbyP4Publishing Ltd,WaneyEdgeBarn,FoxhillLane,Playhatch,ReadingRG4 9QF,UK.The2019USannualsubscriptionprice is$400.00. Airfreightandmailing intheUSAbyagentnamedWN Shipp ingUSA,156-15,146thAvenue,2ndFloor,Jamaica,NY 11434,USA.Periodicalspostagepaidat JamaicaNY11431. USPostmaster:Sendaddresschangesto TMI-TREASURY MANAGEMENT INTERNATIONAL,WNShippingUSA,156-15, 146thAvenue,2ndFloor,Jamaica,NY11434,USASubscription recordsaremaintainedatWaneyEdgeBarn,FoxhillLane, Playhatch,ReadingRG49QF,UK.AirBusinessLtd isactingas ourmailingagent. Whileallreasonablecarehasbeentaken toensuretheaccuracyofthepublication,thepublishers cannotacceptresponsibilityforanyerrorsoromissions. 2 3 4 8 12 TMI would like to thank Artemis Galatis,General Manger of ACTSA,for all her help and assistance in putting together this publication.For more information,please contact: Artemis Galatis,General Manager,Association of CorporateTreasurers of Southern Africa (ACTSA), POBox 5853,Cresta 2118,South Africa. Tel.+ 27 11 482 1512,Fax .+27 11 482 1996 . agalatis@actsa.org.za . www.actsa.org.za. Mark Schwartz TheTreasury Counsel Chairman Steve Ball PriceWaterhouseCoopers Inc Alison Beck KPMG Inc Nigel Grey Berkshire Royale (Pty) Ltd Robert Hayes AngloGold Ashanti Caroline Henry Independent Consultant Dr Vincent Makhuvha Eskom RiazMuradmia KPMG Inc JacquesMol Bacchus Captial WillemReitsma Imperial Logistics 15 22 25 27 29 35 38 42