The news comes after the Duke of York's 'disastrous' TV interview on Saturday.
On Monday, KPMG announced that 400 people will lose their jobs. How did this once-credible firm reach this point?
The embattled auditor will have a 'reduced footprint' in the country. KPMG International has also despatched senior execs to help out in SA.
"We are disappointed by, but fully accept, the decision," said KPMG.
The Auditor-General Fired KPMG and Nkonki as government's external auditors on Tuesday.
Auditing firm KMPG is in the spotlight for dubious dealings. Political analyst Khaya Sithole gives us some insight into the company, and possible fallout.
The auditing firm says it has put a number of measures in place to avoid a repeat of the VBS debacle.
KMPG allegedly turned a blind eye to dodgy reporting by VBS Mutual Bank.
Religious, business, political leaders have called for support for Jacob Zuma ahead of his expected court appearance on Friday.
The taxman has been ordered to submit the KPMG and Hogan Lovells reports to Parliament within a week.