No substance to Netcare application - KPMG

2014-08-25 15:15

There is no substance to Netcare's bid to stop KPMG from helping the Competition Commission's inquiry into the private health sector, says the firm.

SA's largest health care convention to take place on Monday

2014-08-22 12:23

Over 1000 practitioners in the private health care sector will converge at Durban’s ICC on Monday for discussions and debates around some of the most critical socioeconomic issues facing SA.

Qualifying for turnover tax or not

2014-08-14 16:43

A Fin24 user is not sure when a business must register for turnover tax, since the term "personal service provider" is very wide.

Auditors probe prisons tender

2014-07-22 17:05

An auditing firm has been appointed to do a forensic investigation of a tender awarded by correctional services, says the department.

Foreign fiancé and donations tax

2014-02-21 13:25

A Fin24 user wants to know about the tax implications of her foreign fiancé providing her with money to buy property in SA.

Mobile will drive Africa's consumer tech

2013-09-30 11:05

In Africa mobile is still the top technology to drive business transformation, followed by data analytics and then cloud, shows a survey.

Companies face more BEE pressure

2013-05-30 13:23

A survey has highlighted the increasing pressure by customers on companies to comply with black economic empowerment.

Black firm bags R1.3bn Transnet contract

2013-03-25 11:44

Transnet has awarded its biggest contract - worth about R1.3bn - to local accounting firm SekelaXabiso over the next five years.

Authorities set to flex tax muscle

2013-02-06 14:07

Tax authorities are under strain and will intensify tax collections from a smaller pool of taxpayers, warns KPMG.

Nkandla 'born in arms deal sin'

2012-12-07 12:24

The initial upgrade of President Jacob Zuma's Nkandla homestead was funded by donations and arms deal-related payments when it was clear that Zuma didn't have the funds to pay for it, a forensic audit report has revealed.

Fraud cost Africa $10.9bn in 2011

2012-04-26 08:18

Bribery, theft and other kinds of fraud cost African governments and companies at least $10.9bn last year, auditing firm KPMG estimates in a study.

Nigeria starts up sovereign wealth fund

2011-10-18 16:57

The Nigerian government says it has began putting in place a sovereign wealth fund which will be managed by global auditor and consultancy KPMG.

Japan quake to knock economy: KPMG

2011-03-11 13:45

A KPMG economist says Friday's massive quake has echoes of a previous one in 1995 which eroded Japan's economic growth.

No labour audit report - KPMG

2010-06-08 17:36

According to auditing firm KPMG, a forensic report alleging massive corruption in the department of labour does not exist.

SA plans for ageing population

2010-01-14 13:17

South Africa recognises the difficulties created by its ageing population, a survey has found.

Innibos Festival goes green

2009-06-24 12:20

Keeping in step with the stream of environmental consciousness, the theme for the upcoming 2009 Innibos Arts Festival in Nelspruit is 100% Bosbewus.


Health inquiry: Netcare loses bid to block KPMG

2014-08-22 16:37

The South Gauteng High Court in Johannesburg has dismissed Netcare's application to block KPMG from working on a market inquiry into the private health sector.

KPMG wants EU bank reforms shelved

2014-08-21 11:15

KPMG has written to Europe's largest lenders saying a European Commission plan to separate banks' consumer and investment-banking arms should be shelved.

Auditors to probe prisons tender

2014-07-22 21:22

An auditing firm has been appointed to do a forensic investigation of a tender awarded by correctional services.

Capital gains tax or not

2014-06-25 15:23

A Fin24 user has invested in an offshore company trading on Wall St and wants to know when capital gains tax would apply, if at all.

Gordhan should cut tax to grow economy

2014-02-14 14:00

Minister of Finance Pravin Gordhan should reduce tax rates to grow the economy and increase tax collections, suggests an expert.

UK watchdog scales back radical shake-up

2013-07-22 10:30

Britain's competition watchdog has ditched its more radical ideas for shaking up an accounting market dominated by the "Big Four" audit firms.

Insider trading charge for ex-KPMG auditor

2013-04-12 08:55

The US Justice Department has charged a former KPMG senior partner with insider trading with a friend who allegedly made more than $1m in illegal proceeds.

Nurse, daughter's assets forfeited

2013-02-22 21:27

The North Gauteng High Court in Pretoria has issued an order to seize assets worth millions of rands from a Swaziland nurse and her daughter accused of fraud.

ANC says Zuma finances 'private'

2012-12-07 19:12

The ANC has said it wouldn't comment on a report claiming President Jacob Zuma had more benefactors than previously thought to cover his debts and expenses.

Zuma a 'kept politician', report reveals

2012-12-07 08:08

A secret auditor's report has revealed how benefactors funded President Jacob Zuma’s extravagant lifestyle by more than R7m - including Nelson Mandela, who wrote him a R1m cheque.

Alleged racial attack just not cricket

2011-11-20 16:15

Employees of leading accounting firm KPMG are ­embroiled in a racial brawl after a night of drinking at the company’s action-cricket league finals.

UK to probe auditors' stranglehold

2011-05-17 15:36

A British watchdog says it will investigate the dominance of the "Big Four" global accountancy firms on blue chip company audits.

CWU protesters gather in Joburg

2010-05-14 13:35

About 3 000 protesters from the Communication Workers' Union have gathered in Mary Fitzgerald Square in Johannesburg, say police.

Agliotti got R6.7m from Kebble

2009-11-12 09:07

Glenn Agliotti scored at least R6.75m from Brett Kebble, allegedly for his access to former police chief Jackie Selebi, a KPMG report reveals.

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