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Dr Iraj Abedian, Chief Executive: Pan-African Investment and Research Services (Pty) Ltd, JHB September 10, 2017 On Thursday September 7th, 2017, I resigned as a non-executive director of Munich Re of Africa over KPMG as their external auditors. This followed nearly three months of serious engagements within the Board with KPMG’s high-level representation. Directorship of […]

As the crowd in the Colosseum screams for KPMG’s blood, there are some voices in the same arena advocating calm by arguing that the demise of KPMG as joint auditor at 4 of the big 5 commercial banks could pose “systemic risk” to South Africa. These advocates in favour of KPMG have also drawn attention […]