South Africa’s parliament said on Wednesday it has terminated its contract with KPMG, citing reputational risks after the global auditor was caught up in a scandal involving business friends of President Jacob Zuma.
Parliament said this termination includes a contract KPMG has with a medical aid scheme for Members of Parliament.
KPMG cleared out its South African leadership en masse this month after damning findings from an internal investigation into the Guptas, accused by a public watchdog of improperly influencing government contracts.
- South Africa's most advanced satellite to support Operation Phakisa
- SA film industry continues to attract investment
- Aegion SA’s trenchless pipeline rehabilitation technology, ultra-fast, non-disruptive solution to SA's ageing infrastructure
- 10 start-ups expected to disrupt South Africa’s business landscape
- Officials at the signing ceremony Building Energy to set up hydroelectric plant in South Africa