🔒 Major firms – including Deloitte and KPMG – turn to using burner phones while in Hong Kong
Amid Beijing’s increased control over Hong Kong, major firms, including Deloitte and KPMG, advise staff to use burner phones when visiting…
Amid Beijing’s increased control over Hong Kong, major firms, including Deloitte and KPMG, advise staff to use burner phones when visiting…
President Cyril Ramaphosa’s crackdown on corruption has begun, starting with the looting of Jacob Zuma’s bank, VBS Mutual Bank.
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 will become the first major auditor to stop offering consulting services in an attempt to further rebuild confidence in the company.
ABB will repay R1,56bn to Eskom, the latest international company to return money after being ensnared in corruption probes.
‘By returning the funds, ABB joins McKinsey and KPMG among firms that have given back money they’ve earned in South Africa from contracts tainted by graft’, says Bloomberg.
SAA will not be liquidated. The government announced that it would ‘reprioritise’ R10.5bn from the national budget to save the state carrier.
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 contracts with five international companies will be scrutinised by SA state investigators as part of a widening probe into graft at the utility.
SA regulators are stepping up efforts to break oligopoly of the top auditing firms after scandals involving two of Big Four failed to do the job for them.