German software company SAP will cough up R2.2 billion. It’s a good start but not the end of the road
The profession has taken a reputational knock in recent years, amid serious accounting scandals
The whistleblower fears that Zondo’s recommendation that the firm’s contracts with public entities be scrutinised will be stonewalled – and implicates Telkom.
The Zupta decade: Governments and global corporates, banks and consultants must stop enabling money laundering
Without getting to the bottom of the problem or offence, apologies and offers ring hollow.
Let us never forget the private-sector players who facilitated public-sector fraud
In filed court documents, the VBS liquidators are blaming auditing firm KPMG’s negligence for the alleged looting of the bank
Its reputation is not being helped at all by the crisis at its independent regulatory body
In high school I used to be that guy who put together events such as the Valentine’s Day bash, as well as the teacher and learner awards. In university, a friend told me that I should start a PR company. She was like: “You’re good with PR.” And I was like: “Huh? What is that?” […]
The Luanda Leaks, publicised late on Sunday evening, have vividly outlined the scale of the business empire of Isabel dos Santos, daughter of the former president of Angola, José Eduardo dos Santos. Isabel dos Santos and her husband, Sindika Dokolo — who together are worth more than $2.2-billion — have stakes in more than 400 […]
An asset manager, VBS Mutual Bank and a Namibian bank have put the retirement funds of 26 000 municipal workers in South Africa at risk
Fintech entrepreneurs are finding practical solutions for banking Africa’s unbanked
The bank’s liquidator has gone after two more people who allegedly profited, as well as former president Jacob Zuma
Liquidators are investigating the auditing firm’s sign-off on financial statements, while two former executives also pursue a lawsuit against it
According to the findings of the Nexus report, contracts were irregularly awarded to several service providers
KPMG says it will be distributing the money it earned in fees from Gupta-related entities to civil society organisations
The beleaguered auditing firm has appointed a leader from outside the firm
Nedbank announced on Monday that Ernst & Young and Deloitte & Touche would take over its external auditing
KPMG executive chairperson Wiseman Nkuhlu says the firm will take stock of the investigation and cooperate with the Reserve Bank
Tito Mboweni has become the eighth finance minister, here is a list of the ministers who have preceded him since 1994
According to Makwetu, irregular expenditure at local government has accelerated
"If we can stay on the right side of the law and keep the books presentable, what’s going on at these big organisations?"
Unnecessary outsourcing and inflated fees may have contributed to the giant bill the state paid
Bain & Company clarified on Monday that its managing partner would be taking time to focus on cooperating with the Sars commission of inquiry
‘Land reform has never been just a nice-to-do. Both for reasons of equity and to provide a base for economic growth, it has always been a have-to-do’
Jacques Wessels, who audited Linkway Trading accounts, is facing six charges relating to improper conduct and tax evasion
Disciplinary action is going to be lodged against those responsible – from the bank and the municipalities – for the funds ending up with VBS.
The bank’s audit committee recommended the appointment of Deloitte
Breakdown of the VBS Mutual Bank saga — what you need to know
VBS Mutual Bank was set to become a commercial bank
The Independent Regulatory Board of Auditors seeks to establish whether Jacques Wessels was ‘grossly negligent on several occasions’
Lawsuit reveals the extent to which two ex-directors were indebted to VBS Mutual Bank