Auditor General Kimi Makwetu Auditor has announced his office's decision to terminate, with immediate effect, the government's auditing contracts with KPMG and Nkonki Inc citing risks to the reputation of his office. KPMG South Africa said on Saturday two of its partners have resigned after facing disciplinary charges over failure to disclose financial interests in connection to VBS Mutual Bank, which was placed under curatorship. Meanwhile the Chief Executive Officer of Nkonki resigned last week as a result of damaging allegations published in the media regarding his relationship with Gupta linked entities.

More on This

Auditor-General of South Africa Cancels Contracts with KPMG

• Auditor-General Terminates Contracts with KPMG, Nkonki Inc. Audit Firms
• Auditor-General Decision to Cancel Audit Contracts With KPMG Welcomed
• VIDEO: SCOPA Welcomes Termination of all Govt Contracts with KPMG, Nkonki Inc

South African Auditing Firm In Spotlight Again

• KPMG 'Opening Itself Up to Scrutiny' With Review of 200 Files
• KPMG Must Come Clean

KPMG South Africa - the Fallout Begins

• Finance Minister Responds to KPMG Developments
• Nehawu Calls On the Hawks to Investigate KPMG, Mckinsey and SAP
• KPMG's Opportunity for Authentic Action
• What KPMG's Gupta Imbroglio Says About Corruption in South Africa
• Sasfin to Review Its Future Engagement With KPMG
• Moyane Is Desperate About the KPMG 'Rogue Unit' Report, and He Has Good Reason to Be

South Africa's Audit Firm KPMG Knee Deep as Legal Battle Looms

• Scopa to Call KPMG to Parliament Over SARS 'Rogue Unit' Retraction
• DA Hands Over KPMG International's Statement to the Hawks to Assist With Ongoing Investigation Into the Guptas
• Revenue Service to Take Legal Action Against KPMG
• Private Sector Must Also Be Censured When at Fault - Ex Deputy Finance Minister
• KPMG - a Mission for Our Times

Did South African Firms Pull Wool Over Shareholders' Eyes?

• Steinhoff's Delayed 2018 Results Show, Once Again, That It Probably Is Not a Going Concern
• Tongaat Hulett Scandal Raises More Red Flags About Governance in Corporate South Africa

Wasteful Govt Spending Up 200% - South African Auditor-General

• Auditor General Gets More Teeth to Fight Financial Irregularities At Public Entities
• Unauthorised, Wasteful Govt Spending Both Up Over Last Year - Auditor-General

Embattled KPMG to Shed Jobs In South Africa

• KPMG SA Might Cut 400 Jobs in Wake of State Capture Contagion
• KPMG Reshapes South African Business With Stronger KPMG International Involvement