by Nigel Grey, Managing Director, Berkshire Royale (Pty) Ltd
It is with great pleasure that I introduce the 2016 issue of The South African Treasurer, which focuses on treasury trends and the opportunities and the challenges that come with them.
The magazine, published in association with Treasury Management International, forms one of a wide and varied spectrum of events organised by ACTSA on issues pertinent to treasurers.
The dawn of a new year never fails to present opportunities and challenges to treasury departments, and 2016 is no exception. Although we see a number of topics that remain high on the agenda each year, we are seeing an increasing interest in the skill of managing uncertainty, business integration, new technologies such as blockchain and the centralising of operations.
Treasury management is entering a unique period of transformation. Opportunities exist for the treasury to expand its influence and enhance its usefulness to the business. Although this cannot be done without embracing new thinking as the changing nature of life presents new challenges and opportunities, those companies that manage their risks better, will do better.