Small fish swimming against the tide

Three of the Big Four are housed at Fairgrounds Office Park PIC: MORERI SEJAKGOMO
Three of the Big Four are housed at Fairgrounds Office Park PIC: MORERI SEJAKGOMO

Following a BusinessWeek article recently revealing that at least a third of the smaller auditing firms in the country were facing collapse, the minnows of the country’s auditing industry are emerging from the shadows. They tell their story to Staff Writer, PAULINE DIKUELO

The smaller auditing firms are the proverbial small fish swimming in a big pond, except this particular pond is crocodile-infested.

The local auditing market is dominated nearly entirely by the Big Four: PwC, KPMG, Deloitte and Ernst & Young, while at least 30% of the 22 small firms are reported to be at risk of collapse.

Editor's Comment
Bulela Ditswe entry fee could hamper broke talent

The fees have been doubled from the previous amounts and raise concerns about political participation accessibility and democratic representation principles.This significant fee increase prompts questions regarding its impact on grassroots democracy.On one hand, the fees act as a filter, ensuring only serious contenders enter the race, potentially reducing frivolous candidacies and generating crucial campaign funds. The BDP argues that aspiring...

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