• Register
Return to: Home > News > Mid Tier > PKF International starts to recoup firm losses in South Africa

PKF International starts to recoup firm losses in South Africa

PKF International has added Rademeyer Wesson Chartered Accountants to its network in South Africa, making some progress in restoring its presence in the country following a series of losses over the past few years.

Established in 1994, Rademeyer Wesson counts 80 members of staff and six partners.

The Cape Town-based firm offers assurance, tax and advisory services to clients ranging in size from family businesses to small corporations.

The firm will be known as PKF Rademeyer Wesson effective 1 July 2015. According to PKF, the firm will begin participating in network-wide initiatives immediately.

Thanks to the latest addition, PKF International is present in Johannesburg, Durban, Cape Town, Port Elizabeth, Welkom and Knysna.

Rademeyer Wesson's addition restores the presence in Cape Town PKF lost in January 2014 through its then firm's merger with Grant Thornton Cape Town.

In 2013, PKF Johannesburg merged with Grant Thornton South Africa's office in the city, with Grant Thornton assimilating the ZAR 100m ($11m) firm.

In September of the same year, Mazars South Africa also took over PKF's offices in Bloemfontein and Pretoria.

PKF International chief executive officer John Sim welcomed the addition as re-establishing PKF's "national footprint" across South Africa's key commercial centres.

PKF South Africa chief executive officer Kevin Gertenbach said: "We have worked very hard to find the right firm to join us in Cape Town, and Rademeyer Wesson ticks all the boxes."


Related articles:
http://www.internationalaccountingbulletin.com/news/pkf-johannesburg-and-grant-thornton-sa-merge/
http://www.internationalaccountingbulletin.com/news/mazars-south-africa-merges-with-two-pkf-offices/
http://www.internationalaccountingbulletin.com/news/pkf-cape-town-joins-grant-thornton-international-with-merger/

 

Top Content

    Time pressure: Facing up to mental health

    In an ‘always on’ culture, it is becoming increasingly difficult to manage a healthy work-life balance. While companies are beginning to address this problem by introducing different support systems, Joe Pickard finds more could be done to ensure the wellbeing of the professions workforce.

    read more

    Venezuela: the race for the dollar

    With a new currency following hyperinflation, large sections of the population emigrating to neighbouring countries, an economy on the brink of collapse and no apparent solution coming from the government, Jonathan Minter finds a profession struggling to stay afloat in Venezuela.

    read more

    Brazil: transparency and control

    Brazilian accountants have an optimistic view of the impact of more-regular reporting and the implications of audit controversies for the profession. Paul Golden reports.

    read more

    Argentina: looking for a clearer view

    The Argentine accounting profession continues to grapple with the impacts of a weak economy and a culture of financial corruption. Paul Golden takes a closer look.

    read more

    Blockchain: adapting to disruptive tech

    In the relatively few years since digital currencies first began using blockchain technology, the array of potential applications has grown significantly – and continues to expand. Dan Balla, Matthew Schell and Dave Uhryniak from Crowe look at how it impacts accountancy.

    read more
Privacy Policy

We have updated our privacy policy. In the latest update it explains what cookies are and how we use them on our site. To learn more about cookies and their benefits, please view our privacy policy. Please be aware that parts of this site will not function correctly if you disable cookies. By continuing to use this site, you consent to our use of cookies in accordance with our privacy policy unless you have disabled them.