The Gauteng provincial government said on Wednesday it was terminating all contracts with KPMG and US consultancy McKinsey with immediate effect. Gauteng Premier David Makhura announced in December the provincial government would review its connections with professional services firm KPMG, multinational software company SAP and McKinsey. KPMG, McKinsey and SAP were accused of enabling state capture through their dealings with the Gupta family. The decision to cease business dealings with KPMG and McKinsey was communicated in a statement following a meeting of the executive council on Wednesday. The council had received a report on the review of contracts with the three firms, which was conducted “following serious allegations of unethical conduct made against these companies”. “With regards to KPMG, the executive council decided that it was based on the latest developments — among others, the VBS matter and the auditor-general’s decision to terminate all contacts with KPMG. The Gaut...

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