MaxProf’s participation at the CFO Roundtable event on 16th April 2024, at the prestigious JSE, marked a significant step towards driving economic transformation in Gauteng. The event brought together visionary leaders from both the public and private sectors, united in their commitment to propelling the province forward.
A moment that stood out, was the address by the esteemed MEC of Finance, Honourable Jacob Mamabolo, who emphasized the critical role of CFOs as ‘the gatekeepers of the supply chain’. This resonated deeply, emphasising their pivotal responsibility in fostering transparent and ethical business practices.
Collaboration among key stakeholders such as Standard Bank, CIGFARO, Gauteng Provincial Treasury, CIBA, and the JSE laid the groundwork for fruitful discussions. These dialogues focused on urgent finance industry challenges, such as bureaucratic hurdles and resource allocation inefficiencies, with the aim of driving sustainable growth.
Panellists passionately cited inspiring examples of successful socioeconomic transformations. From infrastructure development projects to investment initiatives, and technological advancements at organisations such as The Department of Home Affairs and SARS. It was clear that collaboration is key to unlocking the province’s full potential.
As a player operating within the finance industry, MaxProf’s VAT and Tax Optimisation Specialist services play a vital role in enhancing financial efficiency and compliance in both government and the private sector. With MaxProf’s savings for municipalities reaching R15 Billion since our inception in 2001, it is clear that tax efficiency is an integral part of the discussion of revenue enhancement for the Gauteng Province.
By offering tailored solutions to optimise VAT and tax processes, MaxProf empowers CFOs to enhance their role in the organisation, thereby contributing to the overall narrative of transparent, efficient, and ethical business practices.
The event also saw CFOs sign a pledge, reaffirming their dedication to transparent and ethical business practices. This tangible commitment reflects their unwavering resolve to advance Gauteng’s socioeconomic goals through efficient resource allocation and responsible financial management.
The CFO Roundtable exemplified the power of collaboration and shared vision in driving meaningful transformation. MaxProf is proud to have played a part in this impactful initiative and remains committed to driving progress for the prosperity of Gauteng.
Written by; Moratwe Mashao
