KPMG South Africa looks to rebuild trust with clients

Abstract

KPMG South Africa plans to restore its reputation with a new leader following the scandal over its role in auditing the Gupta-owned businesses, but rival firms are already poaching their clients who no longer trust the firm. [...]independent non-executives like Ansie Ramalho have joined its board of directors and Pretoria University Professor Nkuhlu was appointed to chairman of the board. The summer of 2018 saw BDO and Grant Thornton decide to merge their South African operations to establish the largest mid-tier firm in the country.