KPMG SA will become the nation’s first major auditor to stop offering consulting services to listed clients in an attempt to further rebuild confidence in the firm.
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 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.
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.
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.
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.
