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KPMG South Africa called the moves a reshaping of its business in the wake of losing some of its big clients after the scandals, such as Barclays Africa Group Ltd. The affiliate plans to close ...
JOHANNESBURG (Reuters) - Global auditor KPMG said on Monday it will axe up to 400 staff in South Africa in its latest shake-up following a corruption scandal in the country, which saw it lose ...
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KPMG: South Africa’s economy facing optimistic futureKPMG South Africa said it is forecasting economic growth of 1.5% in 2025 and a further 1.8% in 2026. The company said that the inflation rate is expected to end 2024 well below target and remain ...
KPMG South Africa, which has faced scrutiny for its audit work on failed VBS Mutual Bank and companies linked to the politically connected Gupta family, said all staff face background checks every ...
JOHANNESBURG (Reuters) - KPMG South Africa said on Wednesday it was looking for a new chief executive from outside the company to restore the auditor's reputation after a corruption scandal that ...
KPMG LLP, the auditor that shed clients and staff after scandals in South Africa, apologizes for its “misdeeds” and wants a second chance to reestablish its business in the country ...
JOHANNESBURG (Reuters) - 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 ...
JOHANNESBURG (Reuters) - KPMG South Africa has reported a former partner to the police over his alleged role in a corruption scandal in which almost 2 billion rand ($144 million) was stolen from ...
The Public Company Accounting Oversight Board levied a $200,000 penalty Monday against KPMG's member firm in South Africa and a combined $75,000 in penalties against two of its partners for improperly ...
JOHANNESBURG (Reuters) - 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 trust after becoming ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Four months ago Abdullah al-Fozan, the head of KPMG’s business in Saudi Arabia, broke some troubling news ...
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