The State Capture Commission has heard that Denel’s money was used to bail out one of its suppliers, LMT Holdings, despite warnings from auditors.
by Staff WriterJOHANNESBURG - The chairman of KPMG South Africa on Monday appealed for the firm to be seen as a changed business, following months of efforts to regain public…
by Staff WriterJOHANNESBURG - Global auditor KPMG said on Monday it will lay off up to 400 people in South Africa, in its latest shake-up following a corruption scandal that…
by Staff WriterJOHANNESBURG - 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…
by Staff WriterSouth Africans are fond of debating whether public or private sector failings are the bigger problem. It does not take too long to realise that they are really…
by Staff WriterThe Economic Freedom Fighters (EFF) welcomed as overdue, a decision by the Auditor-General to cancel contracts with embattled audit firm KPMG, and said there was evidence to prosecute…
by Staff WriterJOHANNESBURG - The South African arm of global audit firm KPMG said on Wednesday it had appointed veteran public servant and former chairman of the Development Bank of…
by Staff WriterJOHANNESBURG (Reuters) - An investigation into the South African arm of KPMG is progressing “satisfactorily” while part of it is nearing completion, the boss of the nation’s audit…
by Staff WriterCAPE TOWN - South African waste management company Interwaste fired KPMG as its auditor on Thursday, dealing another blow to the accounting firm ensnared in a scandal involving…
by Staff WriterPRETORIA - South African reserve bank is concerned about “regrettable accounting practices” at the local unit of auditor KPMG, Governor Lesetja Kganyago said on Thursday.
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