South Africa’s Sibanye to replace KPMG as auditor in 2019

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JOHANNESBURG – Sibanye-Stillwater said on Friday that it would this year start a process of finding a new external auditor for 2019 to replace KPMG’s scandal-hit South African arm.

The offices of auditors KMPG are seen in Cape Town, South Africa, September 19, 2017. REUTERS/Mike Hutchings
The mining company said it plans to launch the search for a new auditor after its annual meeting with shareholders on May 30. This follows a list of major clients who have dropped the auditing firm, including Barclays Africa.

Reporting by Patricia Aruo; Editing by James Macharia

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Godwin Okafor is a financial journalist, Internet Social Entrepreneur and the Founder Naija247news Media Ltd He has over 16 experiences in journalism, which cuts across traditional and digital media. He started his journalism career in Business Day, Where he was a senior editorial graphic artist, before he left to start Naija247news, An Online Financial Newspaper in 2010. He has won series of awards and he is the chairman of Emmerich Resources Limited, the publisher of Naija247news.com and also sits on the board of Students In Business Awards, (SIBA).

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