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 organisation’s involvement in conduct related to “state capture” in South Africa. This follows a process of engagement with KPMG, allowing them to fully present their case, and consideration of…
BLSA welcomes the findings of KPMG’s investigation and its willingness to act decisively. It’s important that when business is accused of wrongdoing it does the right thing. We also call upon Government to act decisively whenever it is accused of corruption or wrongdoing.
Business Leadership South Africa (BLSA) is pleased to announce its decision to lift the suspension of KPMG South Africa. This decision effectively reinstates the auditing firm’s full membership in the organisation. KPMG SA was suspended in September 2017 in the wake of serious allegations of state capture. The decision to lift the suspension of KPMG…