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Namibia: KPMG Woes Spill Into Namibia
New Era, 4 June 2018
The international accounting firm, KPMG's alleged questionable conduct in Namibia appears to be adding to the scandal-hit firm's troubles in South Africa. Read more »
KPMG Woes Now Reaching Namibian Shores
KMPG South Africa has been accused of misrepresenting audit reports of various firms, with particular focus on the Gupta family, close friends of former president Jacob Zuma who were implicated in the State of Capture report by former public protector Thuli Madonsela. Clean audits were also given to furniture giant Steinhoff which soon after, suffered a major loss on the stock market when their chief executive officer Markus Jooste resigned over accounting irregularities.
InFocus
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The Auditor-General of South Africa has announced the termination of contracts with auditing firms KPMG and Nkonki Inc. KPMG suffered a year of bad publicity due to allegations of ... Read more »
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Things started to unravel at auditing giant KPMG SA after one of its clients, furniture giant Steinhoff, was exposed for some "creative accounting" that saw the sudden resignation ... Read more »
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KPMG South Africa's retraction of a South African Revenue Services report and its audit of a firm owned by the Gupta family who were named in the State of Capture report issued by ... Read more »
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KPMG South Africa's woes are far from over as South African Revenue Service chief Tom Moyane threatens legal action after the revenue service was described as "incompetent, ... Read more »
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The fact that a major business corporation such as KPMG, has become complicit in the machinery of corruption is a golden opportunity for the business sector and company directors ... Read more »
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Steinhoff Africa Retail (STAR), a retailer servicing sub-Saharan Africa operating across several sectors, and listed on the Johannesburg Securities Exchange, is this week facing ... Read more »
