Thursday, April 19, 2018

Reserve bank: Banks are free to choose their own auditors

Last year, following the fallout at KPMG over the report on the so-called South African Revenue Services (Sars) rogue unit, the Reserve Bank said it would not instruct South African banks on how to deal with KPMG. Some of the auditor's clients have left, including Wits University, Sasfin and Munich Re.
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