Auditing minnows feel Big 4�s pinch

Friday, March 02, 2018

Botswana Accountancy Oversight Authority CEO Duncan Majinda. PIC. MORERI SEJAKGOMO

At least a third of the 22 small local auditing firms are facing collapse, struggling for a foothold in a market that continues to be dominated by four globally-linked players, BusinessWeek has established.

The local auditing market is dominated nearly entirely by PwC, KPMG, Deloitte and Ernst & Young, while the failure rate amongst small firms is estimated at 30%.

From the establishment of the local audit sector, the Big Four carved up the market, leveraging on their global prowess, linkages with multi-nationals, brand power and superior product and service offerings.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

The star of the night, MC Maswe entertaining the crowd PIC: LESEDI MKHUTSHWA

Jonny Mokhali, Cultures Spears deliver but......

Lesedi Mkhutshwa | 16 h ago

Taste pie'd piper

Michelle Phetlhe | 16 h ago

BCP women urged to increase quota

Tsaone Basimanebotlhe | 17 h ago

Solly Moholo pays tribute to Limpopo crash victims

Otlarongwa Kgweetsi | 16 h ago

Barolong Seboni launches Nitty Gritty book

Nnasaretha Kgamanyane | 16 h ago

Ngwao Snacks takes nibbling back to the roots

Otlarongwa Kgweetsi | 16 h ago

Masisi unveils investment process accelerator

Lewanika Timothy | 16 h ago

Botswana, Uganda foster collaboration in animal production

Kabelo Boranabi | 16 h ago

Stakeholders must step up veggie supply

The Ministry of Agriculture, local producers, retailers, and industry associations must work together to overcome the obstacles hindering vegetable production and distribution.This collaborative approach is essential to improve the availability, quality, and affordability of vegetables in the market.Firstly, the Ministry of Agriculture should provide support and guidance to local farmers to enhance their productivity and efficiency. This could...

The Monitor Editor | 29 April 2024

About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.

Explore

More