South Africa's central bank has told top lenders they cannot fire auditor KPMG [KPMG.UL], entangled in a scandal involving friends of President Jacob Zuma, because it might undermine financial stability, two sources with knowledge of the matter said. More »
South Africa's tax agency said on Monday it will launch legal proceedings against KPMG for reputational damage caused when the auditor released details of a confidential report it had compiled for the tax office. More »
South Africa's President Jacob Zuma wants the African National Congress to identify and punish party members who voted against him in a no-confidence motion in parliament last week. More »
A man stands next to an electronic board showing stock prices in Tokyo, Japan, August 18, 2016. REUTERS/Kim Kyung-Hoon World shares tapped the brakes on Tuesday as oil prices eased back from their highest level of the year, while Britain’s sterling took anothe... More »
