Developments at KPMG erode good governance: Minister
Finance Minister Malusi Gigaba says developments involving KPMG has undermined the reputation of good governance and audit independence in one of the key sectors and institutions in the South African economy. “These developments further threaten to undermine our efforts in reinforcing confidence ...
Read More » KPMG auditing practices a concern: Reserve Bank
The Reserve Bank on Thursday expressed concern at the “regrettable” auditing practices involving KPMG. “The South African Reserve Bank [SARB] has noted with concern the regrettable auditing practices and serious errors of judgment that occurred at KPMG, which led to enormous damage ...
Read More » De-risking and fiduciary duty
Sanlam’s Institutional Insights conference offers top global perspectives to guide fiduciaries
Johannesburg: In a landscape of continuous change and disruption, and in an investment environment marked by low growth and geopolitical instability, retirement fund trustees have to find ...
Read More » Repo rate remains unchanged at 6.75%
The repo rate will remain unchanged at 6. 75% per annum, Reserve Bank Governor Lesetja Kganyago said on Thursday. “Given the heightened uncertainties in the economy, the Monetary Policy Committee (MPC) felt it would be appropriate to maintain the current monetary policy stance at this stage, and ...
Read More » Too many eggs in one basket?
“Catch-22 is any paradoxical, circular reasoning that catches its victim in its illogic and serves those who have made the law. ”
One of the options in the Merriam-Webster dictionary reads: “A situation presenting two equally undesirable alternatives. ”
At times, these ...
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