Mail & Guardian
Mail & Guardian
kpmglatest news & developments
Criminal sanctions for professional enablers are vital to changing the way of doing business that facilitates and encourages corruption. (Photo by Gallo Images / Sowetan / Alon Skuy)

State capture: Professional enablers can and must be held accountable for their role

German software company SAP will cough up R2.2 billion. It’s a good start but not the end of the road

Former Steinhoff CEO, Markus Jooste. File photo

Stiffer fines for auditors ‘will not bring back credibility’

The profession has taken a reputational knock in recent years, amid serious accounting scandals

Freedom to express fundamental rights versus administrative action by the South African Revenue Service exposes a fundamental link to communal interests and justice in a constitutional democracy. (Oupa Nkosi)

‘Bain was happy the focus was only on Sars’: Athol Williams

The whistleblower fears that Zondo’s recommendation that the firm’s contracts with public entities be scrutinised will be stonewalled – and implicates Telkom.

Campaigner: A young Peter Hain addresses an anti-apartheid meeting in London. (Photo by Watford/Mirrorpix/Mirrorpix via Getty Images)

Global players enabled ‘Zupta’ corruption

The Zupta decade: Governments and global corporates, banks and consultants must stop enabling money laundering

Three strikes against KPMG – now what?

The private-sector players who facilitated public-sector fraud

Let us never forget the private-sector players who facilitated public-sector fraud

KPMG may have to repay VBS because of its alleged fraudulent audits if the defunct bank’s liquidators have their way. (Alon Skuy/The Times/Gallo Images)

In a bizarre twist VBS liquidators sue KPMG for R863mn

In filed court documents, the VBS liquidators are blaming auditing firm KPMG’s negligence for the alleged looting of the bank

(John McCann/M&G)

Khaya Sithole: The decline and fall of the South African auditing profession

Its reputation is not being helped at all by the crisis at its independent regulatory body

Buhle Radio presenter on WITS Fm.  (Delwyn Verasamy/M&G)

Slice of life: How my mom taught me to save

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…

(Mail & Guardian)

Editorial: The Western enablers of global corruption

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…

Municipal workers protest. (Photo by Gallo Images / Beeld / Cornel Van Heerden)

Workers’ R60m ‘lost’ in banks scam

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

Innovation and sustainability are the current buzzwords and entrepreneurs in the fintech industry are coming up with new, exciting ideas to solve the problems of their target market.

Putting the fin into tech

Fintech entrepreneurs are finding practical solutions for banking Africa’s unbanked

Follow the money: VBS liquidator Anoosh Rooplal has applied for the court to grant him an order allowing him to attach Jacob Zuma’s Nkandla homestead. (Madelene Cronjé)

Millions lost and now more VBS liquidations

The bank’s liquidator has gone after two more people who allegedly profited, as well as former president Jacob Zuma

KPMG may have to repay VBS because of its alleged fraudulent audits if the defunct bank’s liquidators have their way. (Alon Skuy/The Times/Gallo Images)

VBS Mutual liquidators target KPMG

Liquidators are investigating the auditing firm’s sign-off on financial statements, while two former executives also pursue a lawsuit against it

Dondo Mogajane is set to pursue new opportunities outside the public sector after his contract as treasury director general expires. (Image via Treasury)

‘Bad financial management’ behind govt’s delayed IT system — Mogajane

According to the findings of the Nexus report, contracts were irregularly awarded to several service providers

KPMG announces who will get its Gupta earnings (Photo Archive)

KPMG announces who will get its Gupta earnings

KPMG says it will be distributing the money it earned in fees from Gupta-related entities to civil society organisations

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 appoints new chief executive

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

Nedbank did not allude to KPMG’s reported links to various governance scandals.

‘We are disappointed, but expect others to follow’ — KPMG on Nedbank

Nedbank announced on Monday that Ernst & Young and Deloitte & Touche would take over its external auditing

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 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

Tito Mboweni, who served as governor of the central bank for a decade between 1999 and 2009 became the nation’s eighth finance minister of the democratic era. (Gallo)

SA’s former finance ministers: Where they are now?

Tito Mboweni has become the eighth finance minister, here is a list of the ministers who have preceded him since 1994

AG Kimi Makwetu. (Lisa Hnatowicz/Beeld)

Auditor General: Irregular spend at ‘all-time high’

According to Makwetu, irregular expenditure at local government has accelerated