Browsing: KPMG

Transnet has distanced itself from third-party payments made by software giant SAP to win contracts with South Africa’s state-owned ports and rail operator, saying they are an issue for the German company and its business partners

Corruption allegations surrounding South Africa’s politically connected Guptas ensnared one of Germany’s biggest companies as SAP joined international businesses ranging from KPMG to McKinsey & Co in reporting links with

Telkom won’t award any new business to KPMG’s local unit pending the outcome of an investigation into the firm by the country’s accountancy body. Any contracts underway with the auditor and consulting firm

Moses Kgosana, who withdrew from taking the post as chairman of Alexander Forbes in the wake of allegations related to his tenure as CEO and senior partner at KPMG South Africa, said he offered to step aside from the

Moses Kgosana, who was due to take the role of Alexander Forbes chairman from the end of August, withdrew from the position after allegations emerged related to his tenure as CEO and senior partner at KPMG South Africa. KPMG

Gupta-owned Oakbay Resources and Energy has averted being booted off the JSE by securing a new sponsor with effect from Thursday. This comes after the Guptas announced last Friday that they would sell all their shares in their South African businesses by the end

South African regulators are seeking details from India’s Bank of Baroda of accounts belonging to businesses owned by the Gupta family, intensifying scrutiny of the friends of President Jacob Zuma, according to a person close to the

The board of Gijima, the technology group now 100% owned and controlled by businessman Robert Gumede, will sign off on its multi-year turnaround at the end of the financial year to June 2016, its