By adopting an innovative physical cash pooling solution Aspen Pharmacare, in partnership with BNP Paribas, has unleashed a host of improvements – from interest cost savings to simplifying the reconciliations process....
South Africa

January 2020 3 Min Read
Africa: Navigating the Continent of Opportunity
From political instability to FX illiquidity, investing in Africa is not without its challenges. However, with untapped markets, high growth rates and a young population with an...

November 2019 2 Min Read
People in Focus: Artemis Galatis
ACTSA’s primary purpose is to facilitate the exchange of information beneficial to the management of corporate treasury operations and the professional development of its members. It also provides both its members and...

September 2019 6 Min Read
Corporate FX Hedging in Evolving African Markets
Unprecedented economic shifts in global markets have created uncertainty across the board, fuelling currency volatility particularly in emerging market economies. As a result...

September 2019 7 Min Read
Futureproofing Treasuries – Is it Possible?
“The world has changed” is a statement that will only surprise you if you have been oblivious to events in the last 100 years. A whistle-stop tour of development milestones...

September 2019 3 Min Read
Are Banks Safer Now than During the Global Financial Crisis?
The outcome of the global financial crisis of 2008 - 2010 led regulators and central banks the world over to re-look at the way banks are regulated and governed. So what exactly...

September 2019 11 Min Read
IBOR Transition: Challenges and Impacts for Corporate Treasurers
South Africa’s major corporates seem not to have awakened yet to the fact that in a few years interbank offered rates (such as...

September 2019 7 Min Read
Technology is Key to the Treasury of Tomorrow
In recent years, the role of the corporate treasury has been steadily evolving and transforming. Over the past decade, since the global financial crisis of 2008, the pace of this...

September 2019 7 Min Read
Acquisition Finance: Oiling the Wheels of Business Deals
Mergers and acquisitions offer a handy insight into the health of a business environment. Acquisitions are usually done by large corporates to meet strategic objectives,...

September 2019 5 Min Read
Electrifying Cash Management: Africa’s Digital Journey
Sparks are flying across the treasury landscape in Africa as digital cash management and e-payments become the order of the day. Dushen Thathiah, Head, Cash Management for...

November 2018 6 Min Read
Going Green with Bonds
The Paris Agreement and the Sustainable Development Goals set ambitious targets for transitioning to a low carbon global economy, including keeping the rise in the global temperature to well below two degrees Celsius. The...

November 2018 9 Min Read
The Challenges and Opportunities of FRTB
Major South African banks have rather timidly started their journey towards implementing the Fundamental Review of the Trading Book (FRTB), the most significant...