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Commenting on his appointment, Sehoole said, ‘My priority at KPMG will be to continue to restore client confidence and again make KPMG a firm where the best people wish to work.’ (BizNews)
KPMG

KPMG appoints new chief executive

The beleaguered auditing firm has appointed a leader from outside the firm

  • Gemma Ritchie
1 min read
KPMG partner Sipho Malaba was aware of nearly R1-billion cash shortage at VBS Mutual Bank, but cleared its financials anyway. (Alon Skuy/Gallo Images)
KPMG

KPMG vows to work with Reserve Bank in wake of damning VBS report

KPMG executive chairperson Wiseman Nkuhlu says the firm will take stock of the investigation and cooperate with the Reserve Bank

  • Khulekani Magubane
  • Kyle Cowan
2 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
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
Transforming by numbers
CA

Transforming by numbers

Dearth of black chartered accountants is thwarting the industry’s attempts to find a balance.

  • Mmanaledi Mataboge
6 min read