The National Disaster Management Organization (NADMO), has described the 2017 Atomic Junction gas explosion which claimed 7 lives and 132 injured in Accra, Ghana as a “man-made disaster”. The organization claims, the disaster occurred due to the ill safety measures put in place by the owner at the gas filling station.
The Guardian reports Deloitte was victim to a cybersecurity attack. According to the paper, Deloitte was targeted by a sophisticated hack that compromised the confidential emails and plans of some of its blue-chip clients.
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Bloomberg reports South Africa’s central bank expressed concern at the quality of internal controls at KPMG LLP after the global auditing firm admitted that work for the politically-connected Gupta family was below the required standard. Eight senior KPMG executives quit following the internal investigation. The firm promises to donate the equivalent of $3 million to education and anti-corruption charges.
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KPMG and ACCA completed a study on corporate governance requirements in 2017 ranking Ghana 12 out of 15 markets. The report indicated that Ghana’s governance structures were not robust enough.
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