Mail & Guardian
Mail & Guardian

Nhlamu Dlomu

latest news & developments
Frustration reigned at the R2.3-billion VBS Mutual Bank heist court case after another postponement, with one of the accused’s lawyers arguing that his client was suffering financial prejudice because of the state’s alleged ineptitude.
DUMI TSHUMA

Former execs claim R30m from KPMG

Lawsuit reveals the extent to which two ex-directors were indebted to VBS Mutual Bank

  • Thanduxolo Jika
8 min read
Worldwide, the study estimates that a total of $2.4-billion was lost because of internet clampdowns. (Getty)
AUDITING

KPMG expects 400 people to leave as auditor reshapes business

It will remain a ‘business of significant scale’, KPMG said, with more than 130 partners and 2 200 employees

  • Marelise Van Der Merwe
3 min read
A Barclays Plc bank branch in Chadwell Heath
ABSA

ABSA parent Barclays Africa Group drops KPMG

Barclays Africa Group announced that it is cutting ties with beleaguered firm KPMG as its joint auditors

  • Fin1
2 min read
Worldwide, the study estimates that a total of $2.4-billion was lost because of internet clampdowns. (Getty)
GENERAL ELECTRIC

KPMG, under fire in SA, now faces US shareholder protests

The ​Financial Times reported on Tuesday that KPMG could face protests over its audits of major clients Wells Fargo and General Electric

  • Fin1
4 min read
KPMG

KPMG exec embroiled in VBS probe

An amount of R177-million is missing in a complex money trail that jumps from Namibia to South Africa

  • Thanduxolo Jika
5 min read
(Elmond Jiyane)
BUSINESS LEADERSHIP SA

KPMG digs itself in deeper

Its representatives didn’t convince Scopa that it should not be condemned for ‘only two’ mistakes

  • Phillip De Wet
6 min read
KPMG announces who will get its Gupta earnings (Photo Archive)
GUPTA EMAILS

Heads roll at KPMG: Trevor Hoole and eight others out

KPMG however stressed that the investigation found no evidence of corruption or illegal behaviour.

  • Staff Reporter
2 min read