KPMG: ACCA Corporate Governance studyranked Ghana 12 out of 15 African countries
The report looks at 15 markets across Africa, with varying degrees of experience in economic growth, increasing population, and urbanisation levels, all presenting challenges and opportunities for companies and investors. Governance requirements were assessed based on their clarity and completeness of content, degree of enforceability and prevalence in existing instruments e.g. company laws, listing rules and codes of corporate governance.
Egypt: PWC report Egypt ranks 19 among world’s 21 most powerful economies in 2030
Egypt was ranked the 19th most powerful economy out of a list of the world’s 21 most powerful economies in 2030, according to a report published by global accounting firm PricewaterhouseCoopers (PwC). The report said that emerging markets will start to dominate rankings of the world's top economies by 2030.
Kenya: Aon launches enterprise cyber-risk insurance
Aon Kenya has announced the launch of Cyber Enterprise Solutions to enable businesses to protect themselves against cyber-criminals, data loss and the potential ramifications of any cyber-incident. Aon Cyber Enterprise Solution is a property/casualty and Internet of Things insurance policy.
South Africa's parliament announced that it terminated its contract with KPMG, citing reputational risks after the global auditor was caught up in a scandal involving business friends of President Jacob Zuma.
UAE: Emirates Group partners with PwC Middle East to offer training opportunity for UAE Nationals
The Emirates Group has partnered with PwC Middle East to offer UAE national graduates a secondment opportunity. Two UAE national Emirates Group employees have been selected this year to take part in PwC’s Watani Graduate Programme, providing them with a unique training opportunity in fields such as consultancy, assurance, audit and finance.
UAE: Accenture supports District 2020 vision by establishing a digital hub at Expos legacy site
Accenture is to open a digital hub in District 2020, the legacy site of Expo 2020 Dubai, to help clients across a variety of industries develop innovative digital solutions, working closely with its technology partners. This initiative signals Accentures support of the UAE governments initiative to accelerate economic and social development through the World Expo and its legacy.
UAE: KPMG introduces CSR initiative to recognise women in workforce
KPMG has launched an initiative aimed at working women in the UAE under the national ‘Year or Giving' plan, as part of its ongoing corporate social responsibility (CSR) programme. KPMG has donated and distributed over 200 ‘care packages' containing a number of basic necessities to women at a labour accommodation in the UAE. The firm has also encouraged its employees to contribute and donate one or more care packages to the cause.
KPMG in Qatar has recently made a number of hires as part of the firm’s significant investment in growing its Management Consulting practice, to support the country’s businesses and organisations in their ongoing development needs.
Algeria: QDB & KPMG host ‘Exporting to Algeria’ workshop
Qatar Development Bank (QDB) organized a workshop on 'Exporting to Algeria' for local companies seeking to raise their professional capabilities to trade with the regional market. The training was held in partnership with KPMG, Organized by QDB’s export arm, Tasdeer, the workshop sought to familiarize Qatari companies with export procedures to Algeria.
Angola: Incatema Consulting to develop $73M agro-pastoral project in Cuanza Norte district
Spanish consulting and engineering firm, Incatema Consulting, has obtained the approval of Angola’s government to develop an agro-pastoral project in the Samba Caju municipality, in the Cuanza Norte district. Valued at $73 million, the project should help valorize the region’s agricultural potential and falls in line with the government’s objective to promote projects that improve agricultural processing and output in the country.
South Africa: Wits University drops KPMG as auditor
The University of the Witwatersrand (Wits), is dropping KPMG as its auditor after a scandal about the firm's work for businessman friends of President Jacob Zuma. The university suggested that KPMG had not been sufficiently transparent and that it is hard to reconcile KPMG's conclusion that no one did anything illegal.