Tag Archives: KPMG

Wale Ajayi, Partner and Head of Tax Regulator of People Services at KPMG, has provided a critical analysis of President Bola Tinubu’s recent speech during a television appearance on MONEYLINE with Nancy Nnaji on African Independent Television (AIT) on Monday. Ajayi’s commentary focused on the President’s policy announcements and achievements, emphasizing that these have not significantly impacted the daily lives …

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The Nigerian Stock Exchange (“NSE” or “The Exchange”) hosted capital market stakeholders at a symposium tagged, “Finance Act 2019” at the Exchange, Lagos, on Monday, 03 February 2020.

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The auditing work of one of the world’s “Big Four” accounting firms has been sharply criticised by the industry’s watchdog. KPMG audits had shown an “unacceptable deterioration” and will be subject to closer supervision, the Financial Reporting Council said. The FRC added all the Big Four – which also include PwC, EY and Deloitte – needed to reverse a decline. …

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KPMG in South Africa said it will be cutting its workforce in the country by 400 in further show of how the business of the once giant is shrinking in the face of a disgraceful relationship with the Guptas . It has also suffered from the collapse state-owned mutual bank VBS both of which have prompted a number of JSE-listed …

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KPMG South Africa’s reputation is in tatters as another two major clients ditched the auditing firm over financial scandal.  Already, financial services company Sasfin and investment company Hulisani announced plans to drop KPMG because of reputational risks. Sygnia Asset Management had fired it earlier. Six companies have terminated their KPMG contracts in the past two months. David Everatt, head of …

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Foremost accountancy firm, KPMG, has removed the leadership team of its South African arm after an internal investigation into work it did for the Gupta family. Chief executive Trevor Hoole, Chairman Ahmed Jaffer, chief operating officer Steven Louw and five other senior partners have all left the firm.  No evidence of corruption or illegal action by staff was found, KPMG …

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  The Asset Management Corporation of Nigeria (AMCON) has employed the services of an auditing firm, KPMG, to look critically into the finances of Arik Air, which it took over last week, to determine its true financial status.   This came after the immediate past President of the Aviation Round Table (ART), Capt. Dele Ore, insisted that the airline’s problems …

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Zenith Bank Plc has been named as Nigeria’s most customer-focused bank by KPMG the leading advisory and consultancy firm. KPMG in its 2016 edition of the annual banking industry Customer Satisfaction Survey recently released, Zenith topped other Nigerian banks in the Customer Satisfaction Index (CSI) with a total of 74.6 points to clinch the first position in the retail banking category. By this, the …

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