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Tag: KPMG

Rebuilding trust will be new CEO’s main focus as he takes reins at KPMG

The new CEO of KPMG SA has finally taken up the reins after he was appointed in November last year. The company announced on Tuesday afternoon that Ignatius Sehoole had started in...

This South African fintech company ranks among the most innovative in the world

A South African based fintech company features on a global list of companies seen to be transforming the financial services industry – from digital payments and lending, to insurtech, to neo-banking. ...

KPMG continues to lose staff and clients in South Africa – report

KPMG LLP is continuing to lose staff and clients in South Africa more than a year after issuing a public apology for some of the work it did in the country,...

KPMG expects 400 people to leave as auditor reshapes business

KPMG expects some 400 people to leave the firm as it shuts several regional offices. The beleaguered audit firm announced on Monday that it was “reshaping” its business and “strengthen...

KPMG South Africa announces mass retrenchments

Under-fire financial services company KPMG South Africa has announced a reshaping of its business – including a number of retrenchments, along with further support from KPMG International to strengthen leadership capacity. ...

South Africa’s central bank says has not instructed banks on ties with KPMG

South Africa’s central bank said on Friday it has not instructed banks on how to deal with KPMG after the auditing firm was entangled in a scandal involving business friends of...

South Africa’s parliament cuts ties with auditor KPMG

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...

S.A central bank concerned about KPMG; chairman meets former finance minister

South Africa’s central bank is concerned about “regrettable” practices at auditor KPMG, its governor said, as the company’s chairman held a meeting with a former finance minister it had tarnished in...

KPMG South Africa CEO wants independent probe into firm

KPMG South Africa wants an independent investigation into the firm’s conduct to reassure employees and clients after a scandal involving its handling of audits for businessman friends of President Jacob Zuma,...

Two more firms fire KPMG as corporate South Africa weighs links with auditor

A South African broker and an energy investment firm fired KPMG on Tuesday, two of a host of local firms weighing whether to ditch the auditor to distance themselves from a...

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