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KPMG South African chair Wiseman Nkuhlu. Picture: KPMG

Kpmg

KPMG agrees to reparations with Sars officials over 2014 'rogue unit' report

By Petrus Botha

KPMG South African chair Wiseman Nkuhlu said the issue of reparations came up as part of re-establishing trust with the tax authority. Around 45 people were...

  • VBS Mutual Bank in Thohoyandou. Picture: Sethembiso Zulu/EWN

    Hawks, NPA move to make high-profile arrests in VBS heist case - report

    Included in those expected to be arrested is former VBS and Vele Investments chairperson Tshifhiwa Matodzi, the alleged kingpin behind the heist.

    308 days ago
  • Real Madrid players during a training session. Picture: @realmadriden/Twitter

    Real and Man United remain football's most valuable, says KPMG

    La Liga giants Real Madrid lead a list of the continent's 32 most valuable teams as of 1 January, with KPMG estimating the value of the 13-time European champions at nearly 3.5 billion euros ($3.88 billion), with United in second place at 3.342 billion euros.

    328 days ago
  • Barcelona's Spanish defender Jordi Alba celebrates with teammates after scoring during the Uefa Champions League group B match Barcelona against Inter Milan at the Camp Nou stadium in Barcelona on 24 October, 2018. Picture: AFP.

    Barca post biggest operating revenues among Europe's champions

    The Spanish champions’ revenues eclipsed those of Ligue 1’s Paris St Germain (636 million euros), the Bundesliga’s Bayern Munich (626 million euros) and the Premier League’s Manchester City (610 million euros).

    463 days ago
  • Picture: @KPMG/Twitter

    KPMG to pay $50 million for using stolen data, exam fraud: SEC

    KPMG also said it would also hire an independent consultant to assess the firm’s ethics and integrity controls as well as its compliance, the SEC said in a statement.

    674 days ago
  • KPMG's Johannesburg offices. Picture: kpmg.co.za

    Ignatius Sehoole appointed KPMG’s new CEO

    The auditing firm said Ignatius Sehoole was an experienced leader in the accounting industry.

    687 days ago
  • KPMG's Johannesburg offices. Picture: kpmg.co.za

    KPMG asks SA for forgiveness

    The company is now working to rebuild its reputation after it was linked to the Gupta family and now recently the VBS Mutual Bank scandal.

    859 days ago
  • Picture: kpmg.co.za

    KPMG wants to give its side of the state capture story

    The company is faced with the challenge of restoring its reputation and integrity after it was linked to the Guptas and now the VBS Mutual Bank scandal.

    859 days ago
  • FILE: KPMG CEO Nhlamu Dlomu (left) and KPMG chairperson Wiseman Nkuhlu (right) speak at a media briefing on 15 April 2018. Picture: Katleho Sekhotho/EWN.

    KPMG’s Wiseman Nkuhlu blames naivety for collapse of controls at firm

    The audit firm has suffered great reputational damage after its links to the Gupta family and recently the VBS Mutual Bank scandal.

    859 days ago
  • Picture: @KPMG/Twitter.

    Corruption Watch: KPMG R47m donation should not affect criminal charges

    The auditing firm has announced it will be distributing the fees it earned from Gupta-related entities to various organisations.

    869 days ago
  • KPMG's Johannesburg offices. Picture: kpmg.co.za

    KPMG ‘confident’ new boss will restore its reputation

    The company confirmed Ignatius Sehoole's appointment as chief executive on Wednesday.

    875 days ago
  • KPMG's Johannesburg offices. Picture: kpmg.co.za

    KPMG SA picks outsider as CEO after scandals

    KPMG’s South African unit named an outsider Ignatius Sehoole as its chief executive on Wednesday.

    875 days ago
  • Picture: @KPMG/Twitter

    Nedbank becomes latest firm to drop KPMG

    KPMG’s South African unit has shed several clients since 2017 and is battling to restore its reputation after becoming entangled in a corruption scandal involving the Gupta family.

    905 days ago
  • Picture: Supplied.

    Former KPMG partner Malaba seeks to nullify VBS Bank 'heist' report

    The VBS report states that Sipho Malaba gave the Mutual Bank an unqualified audit opinion where he knew the financial statements were misstated.

    922 days ago
  • FILE: Auditor-General Kimi Makwetu. Picture: Christa Eybers/EWN.

    'KPMG & Nkonki must show improvement interventions to be reassessed'

    The Auditor-General has on Friday told Parliament his office is still not utilising the services of the two companies.

    922 days ago
  • The VBS Mutual Bank logo. Picture: vbsmutualbank.co.za

    Saica ready to act against accountants named in VBS report

    Saica says it will take action against nine of its members who have been named in the VBS report but it would have to wait for another disciplinary process to be completed.

    923 days ago
  • KPMG's Johannesburg offices. Picture: kpmg.co.za

    KPMG says to cooperate with probes following VBS Bank looting report

    A former partner at the firm Sipho Malaba scored R33 million from the R1 billion that was syphoned off.

    923 days ago
  • FILE: Picture: VBS Mutual Bank Facebook page

    Top ANC officials, royalty among those implicated in VBS Bank report

    Advocate Terry Motau revealed how the bank set up middlemen to pay bribes to government officials who were in a position to ensure deposits were made into the bank.

    924 days ago
  • KPMG CEO Nhlamu Dlomu (left) and KPMG chairperson Wiseman Nkuhlu (right) speak at a media briefing on 15 April 2018. Picture: Katleho Sekhotho/EWN

    KPMG South Africa to replace CEO after corruption scandal

    The new CEO will be recruited externally, KPMG said.

    931 days ago
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