Association of Corporate Treasurers of Southern Africa (ACTSA)
The Association of Corporate Treasurers of Southern Africa (ACTSA), was first formed in 1988 to provide a forum for the promotion of the common interests amongst corporate treasurers in Southern Africa. Its purpose is to facilitate the exchange of information beneficial to the management of corporate treasury operations and the professional development of its members.
ACTSA also aims to provide both its members and potential members with ongoing networking opportunities, exposure to international treasury practices and creates a forum for the discussion of industry-specific issues.
In the fast developing world of finance, the management of an organisation's cash flows, investments, borrowings and financial exposures is no longer left to the accountant, who may not have the necessary understanding of the risks and required management skills.
Treasury is the responsibility of trained specialists whose expertise includes financial strategy formulation, a good knowledge of investments, the management of the treasury systems and banking relationships, and the management and understanding of market, interest and liquidity risks.