KPMG SA’s new CEO opens up about the future of the disgraced auditing firm

(Also read: Sasfin CEO opens up about dumping KPMG)

We have values, standards and ethics… We are working hard that this never happens again.

Nhlamu Dlomu, KPMG South Africa

We haven’t seen anything that suggests that our issues are systemic.

Nhlamu Dlomu, KPMG South Africa

‘We’re sorry’ is never going to be good enough…

Nhlamu Dlomu, KPMG South Africa

KPMG South Africa’s new CEO, Nhlamu Dlomu, has a huge task on her hands:

Restoring the disgraced auditing firm’s integrity and credibility.

Her appointment comes in the wake of Trevor Hoole’s resignation on Friday following the work KPMG did for the South African Revenue Service (Sars) and the Gupta family.

Dlomu was KPMG SA’s Head of People and Change.

She has 17 years of management experience in various roles.

The Money Show’s Bruce Whitfield interviewed Dlomu.

Listen to the interview in the audio below, or watch the videos (and/or scroll down for more quotes from it).

Part one (scroll down for part two):

Part two:

I am a committed South African who grew up during the era when the country was changing.

Nhlamu Dlomu, KPMG South Africa

I care about the livelihood of others.

Nhlamu Dlomu, KPMG South Africa

The red flags we picked up do not reflect who we are.

Nhlamu Dlomu, KPMG South Africa

We regret what has happened.

Nhlamu Dlomu, KPMG South Africa

We’re carefully listening to what people are saying to us.

Nhlamu Dlomu, KPMG South Africa

An enquiry would be appropriate… we want to be clear about what has happened…

Nhlamu Dlomu, KPMG South Africa

We employ 3500 people… I care deeply about their livelihoods… He [Trevor Hoole] would probably have said the same…

Nhlamu Dlomu, KPMG South Africa

We’re fully cooperating…

Nhlamu Dlomu, KPMG South Africa

I’m doing everything possible to make sure we hear the messages society is telling us.

Nhlamu Dlomu, KPMG South Africa

I’m going to make sure we have an experienced Head of Audit.

Nhlamu Dlomu, KPMG South Africa

We’re engaging with Sars and Tom Moyane.

Nhlamu Dlomu, KPMG South Africa

Click here (then “like” the page) to follow Bruce on Facebook.

Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.

Subscribe to our Business Wrap Newsletter


This article first appeared on 702 : KPMG SA’s new CEO opens up about the future of the disgraced auditing firm


Recommended

by NEWSROOM AI

CapeTalk welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the CapeTalk community a safe and welcoming space for all.

CapeTalk reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

CapeTalk is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
Avocados are better than sex

Avocados are better than sex

Fuelled by skyrocketing demand at home and abroad, the SA avo industry is thriving, says the SA Avocado Growers Association.

Daily Maverick – pivotal to democracy (e.g. #GuptaLeaks) – asks for a donation

Daily Maverick – pivotal to democracy (e.g. #GuptaLeaks) – asks for a donation

The Money Show’s Bruce Whitfield interviews Daily Maverick Publisher Styli Charalambous.

Booming economy… cheap beer… great food… Beira is where it’s at, but the taxes!

Booming economy… cheap beer… great food… Beira is where it’s at, but the taxes!

VAT at 17%... yoh! Bruce Whitfield interviews Lee Kasumba, who is exploring Mozambique’s central port city of Beira.

Billionaire gives away R100 billion, leaving only 0.0002% of fortune for himself

Billionaire gives away R100 billion, leaving only 0.0002% of fortune for himself

You've probably never heard of Chuck Feeney. Nevertheless, he’s one of the strangest, most impactful people who has ever lived.

Pratley CEO tempts fate, recreates suspended bulldozer stunt on Friday the 13th

Pratley CEO tempts fate, recreates suspended bulldozer stunt on Friday the 13th

"I will still gladly bet my life on the quality of our product," says Pratley Group CEO Kim Pratley.

Sasfin CEO opens up about dumping KPMG

Sasfin CEO opens up about dumping KPMG

The Money Show’s Bruce Whitfield interviews Sasfin CEO Roland Sassoon.

Popular articles
More arrests are imminent in connection with the cash-in-transit heists - Hawks

More arrests are imminent in connection with the cash-in-transit heists - Hawks

Seven suspects were arrested in Limpopo in less than 24 hours after a cash-in-transit vehicle was blown up in the province.

Consumers beware of illegal, deadly weight-loss products

Consumers beware of illegal, deadly weight-loss products

Consumer journalist Wendy Knowler and a medical testing expert put several harmful weight-loss products under the microscope.

Madiba’s private secretary Zelda la Grange opens up about money (hers and his)

Madiba’s private secretary Zelda la Grange opens up about money (hers and his)

Bruce Whitfield interviews La Grange about her and Madiba's attitude to money (hopes and fears, successes and failures, etc.)

Criminals targeting homes with aluminium windows, warns neighborhood watch

Criminals targeting homes with aluminium windows, warns neighborhood watch

The Panorama, Welgelegen and Plattekloof Neighbourhood Watch has identified a new house break-in trend.

‘I started my thriving business with R5000 (and made a profit in the 1st month)’

‘I started my thriving business with R5000 (and made a profit in the 1st month)’

After 3 years there are 3 Nic Harry stores (incl online) that sell 100 000 pairs of socks in over 20 countries around the world.

5 contributing factors to the Western Cape's growing green economy

5 contributing factors to the Western Cape's growing green economy

GreenCape CEO Evan Rice unpacks why our province is seeing a great deal of success with sustainable energy projects.