Nelson Mandela Bay municipality cuts ties with KPMG

File: KPMG executive chairperson Professor Wiseman Nkuhlu says the funding was an important step in ensuring redress for the actions of the past.

File: The chairman of KPMG South Africa is today asking for it to be seen as a changed business.


JOHANNESBURG - Embattled auditing firm KPMG is facing yet more problems.

This time, the Nelson Mandela Bay municipality has dumped it after the council passed an urgent motion.

The motion was brought by the Economic Freedom Fighters, who demanded an immediate termination.

READ: Another client dumps KPMG

The contract is set to end in February after the municipality decided on a three-month handover period.

The EFF wants a review of all KPMG&39;s work for the municipality.

Several high profile clients have ditched the firm following damaging revelations of work it carried out for the Gupta family.

KPMG was also forced to retract a report it wrote on the Sars intelligence unit.