South African businesses have suffered massive financial setbacks due to inadequate auditing, with cumulative losses from poor audits and compliance failures running into billions. Through its ...

KPMG South Africa said it is forecasting economic growth of 1.5% in 2025 and a further 1.8% in 2026. The company said that the inflation rate is expected to end 2024 well below target and remain ...

[Photo: Courtesy] Global auditor KPMG cleared out its South African leadership Friday after damning findings of an internal investigation into work done for the Guptas, business friends of ...

That means the repo rate remains at 7.5% and prime at 11%. Frank Blackmore, Lead Economist at KPMG South Africa, said, "Although the growth recently in South Africa has surprised or disappointed ...

Frank Blackmore, Lead Economist at KPMG South Africa, discussed the notable contributors to the CPI figures, highlighting that housing and utilities remained the largest single contributor at 1 ...

The latest inflation data for South Africa shows that coffee lovers who are chasing a caffeine high continue to suffer, even ...

Profit expectations are also positive, with 48% of companies in South Africa and 35% in the other countries in the region expecting higher profits. The fundamentally positive assessment is also ...

German companies are optimistic about South Africa’s prospects, with many looking to invest millions in the country.

Bringing together insights from Financial Services leaders across KPMG’s member firms in the six GCC countries, the report ...