Trust us, KPMG chair pleads in letter to SA

2018-12-09 12:58

KPMG South Africa says it is now "a very different business", as it appeals for public trust after being embroiled in Gupta-linked and other auditing scandals.

KPMG to donate millions in Gupta fees to civil society

2018-12-03 13:24

The auditing firm says it will be distributing the R47m it earned in fees from Gupta-related entities to civil society.

KPMG on Nedbank: We are disappointed, but our business has changed

2018-10-29 18:14

It is always disappointing to lose a client, but mandatory audit firm rotation means more of the same is likely to come, the audit firm has said.

Solly Moeng: Brands in shining armour

2018-10-24 06:00

Solly Moeng takes a look at respected personalities brought in to clean up following political and corporate scandals. Can their personal brands inspire trust where organisations failed?

KPMG vows to cooperate with SARB in wake of damning report

2018-10-11 15:42

KPMG executive chairman Wiseman Nkuhlu says the firm will take stock of the investigation and cooperate with the Reserve Bank if necessary.

Lack of funding limits probes into auditors, MPs told

2018-10-10 07:10

The Independent Regulatory Board for Auditors needs more funding to be able to implement investigations for the rising number of audit failures, members of Parliament have heard.

Business Leadership SA lauds progress of KPMG's new leadership, lifts suspension

2018-10-04 22:02

Business Leadership South Africa has lifted the suspension of KPMG South Africa’s membership.

KPMG still losing staff and clients due to Gupta fallout, say insiders

2018-09-25 18:35

KPMG 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.

Gupta wedding under scrutiny as IRBA wraps up disciplinary of ex-KPMG auditor

2018-08-06 09:42

Payment for the infamous Gupta wedding came under scrutiny as the disciplinary hearing into the conduct of a former KPMG auditor who worked on the books of companies owned by the family wrapped up.

Gold Fields replaces KPMG

2018-07-23 13:30

Gold Fields has replaced KPMG with PwC as external auditors, with Pieter Hough as the designated audit partner for the financial year ending 31 December 2019.


'Bad financial management' behind govt's delayed IT system - Mogajane

2018-12-06 08:15

A forensic report into a delayed national IT system has recommended that Treasury director general Dondo Mogajane take action against officials allegedly responsible for financial mismanagement.

KPMG SA appoints new CEO

2018-11-28 09:46

CEO designate Ignatius Sehoole says he will work to continue restoring confidence in the firm, whose reputation took a hammering due to its past auditing work for Gupta-linked entities.

5 Questions: Steinhoff, KPMG, VBS - Saica acting CEO on how the accounting industry is feeling the heat

2018-10-28 16:59

From Steinhoff CEO Markus Jooste to several senior KPMG staff and a number of VBS Mutual Bank executives, acting CEO of the SA Institute of Chartered Accountants Fanisa Lamola talks to Fin24 about the state of the accounting industry in SA.

Ex-KPMG partner slams SARB's 'fatally tainted' VBS report, heads to court

2018-10-11 21:13

Former partner at KPMG Sipho Malaba is expected to launch a court challenge to have set aside the explosive forensic report into the collapse of VBS Mutual Bank, which implicates him in fraud.

VBS looting: KPMG and former exec under fire in report about ‘bank heist’

2018-10-10 13:41

A damning report into the looting of VBS Bank has found that former KPMG partner Sipho Malaba knew about the cash shortage of nearly R1bn at the bank but signed off on its financials anyway - benefitting by roughly R28m for his efforts.

Audit watchdog is not 'captured' - CEO

2018-10-09 17:20

The Independent Regulatory Board for Auditors is not captured and has been making efforts to ensure independence, members of Parliament have heard.

KPMG SA CEO to be replaced, a year after sweeping leadership changes

2018-10-03 08:47

KPMG SA Chief Executive Nhlamulo Dlomu will be taking on a new global role at the auditor which focuses on organisational culture change and ethical leadership.

What corrupt companies should do to regain our trust

2018-09-05 06:30

Trust is an intangible but vital currency in a healthy economy. Getting it back once it’s gone is difficult but doable, and SA has its work cut out, says Tim London.

This loophole SA employees were using to dodge disciplinary hearings is now closed

2018-08-03 09:37

A landmark ruling has important implications for bosses and workers.

Finbond appoints new auditors after giving KPMG the boot

2018-07-22 14:30

Deloitte has been appointed as the new external auditors of Finbond Group Limited after the mutual bank dumped scandal-hit KPMG.

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