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Open letter to KPMG global chairman Bill Thomas: Why silent on #GuptaCurse?
Dear Mr Thomas KPMG declares that bribery and corruption are unacceptable and inconsistent with its values and contravenes its Global Code of Conduct. You state in your lengthy document you expect your...
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Historic court dramas this week; Zuma corruption, State Capture and KZN...
CAPE TOWN — It’s another potentially historic week with high stakes court rulings due and speculation rife about an imminent cabinet reshuffle to accommodate Zuma’s newly re-appointed MP ex-wife,...
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Corrupt people are stealing before our very eyes, says Pravin Gordhan
JOHANNESBURG — Corruption in South Africa has become so blatant that the Zuptas are stealing right before our very eyes. This is what one can gleam from Pravin Gordhan’s latest comments on the matter....
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How world sees SA: McKinsey reputation shatters in graft crisis. #GuptaCurse
EDINBURGH — McKinsey bosses have poured cold water on allegations their South African employees have played a key role in state capture and corruption. But they had better sit up and take note that...
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Leadership race; Ramaphosa surging ahead of Dlamini-Zuma say most analysts
CAPE TOWN — To use a fly-fishing analogy appropriate to Cyril Ramaphosa’s chosen past-time, he’s hoping to succeed in cleaning up a polluted river and that prize trout will soon joyfully snatch his...
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Immigration official turned ‘fixer’: How the Guptas compromised Home Affairs
JOHANNESBURG — Civil society body OUTA has laid several charges against a range of high-profile politically connected people such as the Guptas, Faith Muthambi and Mosebenzi Zwane. However, their...
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Iraj Abedian: Three big reasons why SA businesses must boycott KPMG. Now.
Iraj Abedian LONDON — Highly civilised economist Iraj Abedian is blessed with a rational, directed mind. He also possesses the cool head which comes from decades of his disciplined thought process...
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KPMG: Gradually ends; suddenly’s here. Absa heads for the exit. #GuptaCurse
EDINBURGH — KPMG clients are going to get squashed running for the exit. It has taken a long time for many KPMG clients to absorb the enormity of the crimes the global consultancy has committed against...
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Biznews London Forum: An evening with FW de Klerk – the full event
LONDON — Whatever allegations critics may throw at former South African president FW de Klerk, on the global stage the Nobel Peace Prize winner remains a statesman of considerable stature. Now 81, De...
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Old Firm: Running the rule through KPMG, Bitcoin collapse and FW
LONDON — In this edition of the Old Firm, David Shapiro and I talk about KPMG’s growing problems – and what happens next; disagree on the bonus paid to the Naspers CEO; revisit David’s dark experiences...
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Claudius van Wyk: South Africa – will a rainbow still follow the present storm?
JOHANNESBURG — BizNews publisher and editor Alec Hogg’s recent talk with former President FW de Klerk in London drew many attendees. Among those in the audience was Dr Claudius van Wyk and this is what...
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LISTEN: KPMG shows little remorse. No wonder Pravin (and SA) is furious.
LONDON — KPMG might be a shocking auditor and a useless judge of partners, but it is adept at shooting itself in both feet. This recording (and transcript) of Friday’s long-awaited press conference on...
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John Mulcahy: How SA should deal with KPMG, McKinsey, SAP. Then chuck them out.
LONDON — During the 1980s when he worked as one of SA’s top financial journalists, John Mulcahy was never one to shirk confrontation. Although he moved onto the global stage and then a successful...
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Corporate SA; it’s time to back a clean-up campaign – Paul Hoffman
CAPE TOWN — Every business in South Africa should check out their moral compass, clean up their act, (if necessary), and then get behind a corruption-busting Integrity Commission – or face us all...
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South Africa falls from top position and Nigeria drops out of Top 10
*This content is sponsored by RMB, a diversified financial services brand encompassing investment banking, fund management, private wealth management and advisory services. Rand Merchant Bank’s seventh...
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Finally, police move in on McKinsey! NPA probes Gupta R4bn BEE deal
EDINBURGH — As was the case for KPMG, the wheels of justice have been turning slowly for McKinsey. Until now. McKinsey has been in the spotlight in connection with its links to Gupta entities. Like...
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Zuma propaganda and the ANC’s war against Biko’s BC Movement – Jeffery
Dr. Anthea Jeffery JOHANNESBURG — History is our greatest teacher, and it’s through well scholared individuals such as Anthea Jeffery, that we are able to slice through the noise. The noise generated...
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Looking beyond corruption to policy reform vital in saving SA – Silke
CAPE TOWN — Ideologically, South Africa’s rulers don’t know that they need rescuing from looming economic collapse. They’re causing the country more harm by stubbornly clinging to investor-unfriendly...
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Zuma’s KZN supporters must retain power to help the Zupta cause
CAPE TOWN — The ANC’s Zuptoid-dominated leadership – strategizing and training for the party’s elective slug-fest this December, seems to be putting their money and future prospects in the hands of...
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BLSA suspends KPMG’s membership pending outcome of independent investigation
Business Leadership SA statement: The Board of Business Leadership South Africa (BLSA) has decided to suspend the membership of KPMG (SA) pending the outcome of an independent investigation into the...
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