Sibanye to replace KPMG as auditor in 2019

The KPMG logo is seen at the company's head offices in Parktown, Johannesburg, South Africa, September 15, 2017. REUTERS/Siphiwe Sibeko

JOHANNESBURG – Sibanye-Stillwater said on Friday that it would this year start a process of finding a new external auditor for 2019 to replace KPMG’s scandal-hit South African arm.

The mining company said it plans to launch the search for a new auditor after its annual meeting with shareholders on May 30. This follows a list of major clients who have dropped the auditing firm, including Barclays Africa.

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