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Search Results for: KPMG

SAA bailout

SAA cleared for take off; Comair business rescue approved; KPMG pays damages

21st September 202021st September 2020

SAA will not be liquidated. The government announced that it would ‘reprioritise’ R10.5bn from the national budget to save the state carrier.

KPMG sign on building

KPMG in firing line again for sloppy audit work, slapped with $560,000 fine

2nd April 20202nd April 2020

KPMG and one of its senior partners have been reprimanded and fined 455,000 pounds in the latest sanction against the Big Four auditor in recent years.

Eskom

Eskom’s profit surprise; Govt finances will worsen; Ramaphosa pulls Chairman’s convo plug; KPMG, Steinhoff

30th March 202029th November 2019

Eskom has posted a surprising R1.3bn profit in the six months through September, which is almost double that of the previous year thanks to higher tariffs.

KPMG

Scandal-hit KPMG SA upbeat about restored reputation

28th November 201928th November 2019

KPMG South Africa is winning back customers and no longer bleeding staff as the auditing firm rebuilds an image tarnished by a series of scandals.

Peter Hain

Lord Peter Hain: Why Guptas, KPMG and HSBC bosses go unpunished for state capture

23rd November 201918th November 2019

Peter Hain has shared, with the Zondo Commission, a detailed list of those who have enabled corruption and provides suggestions to bring the perpetrators to book.

State Capture

Gupta sanctions put state capture specialists KPMG, PwC, McKinsey back in spotlight

13th October 201911th October 2019

As tangible action against state capture masterminds, the Gupta brothers and Salim Essa, is taken by US authorities, the world spotlight is back on corporations that have aided and abetted the corrupt in South Africa.

KPMG, Canary Wharf,UK

Message to graft-tainted KPMG: Do your job, for Pete’s sake. MUST READ

6th October 20194th October 2019

Nicole Fritz highlights in this excellent piece, instead of focusing on generic social principles, KPMG and others should get back to basics and do their jobs.

Old Mutual

OM fires Moyo – again! MrP plunges, Italtile shines; Mboweni tightens belts; KPMG in HK protest scandal

31st March 202023rd August 2019

On Thursday, the 174-year-old insurer gave Peter Moyo further notice of termination in a dispute that erupted in May, according to Bloomberg.

VBS great bank hesit

Inside VBS: How KPMG accountants, Zuma friends pulled off the Great Bank Heist

12th July 201911th July 2019

The first most people heard of VBS Mutual was when it emerged that the bank had given former president Jacob Zuma a loan.

KPMG logo

KPMG is a dirty word, even at KPMG these days – insider survey reveals

3rd July 20193rd July 2019

Staff at KPMG are embarrassed and some even regret their decision to join the Big Four firm, says Accountancy Daily.

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