• Register
Return to: Home > announcements > EY Africa enters partnership with South African firm Motlanalo

EY Africa enters partnership with South African firm Motlanalo

EY Africa has entered a partnership with Motlanalo Chartered Accountants and Auditors Incorporated.

The partnership will allow Motlanalo to access EY’s global network of resources.

Motlanalo is a black owned audit and advisory firm which currently has 23 permanent staff. In South Africa, there is a drive in business to support more black owned firms in attempt to correct historical imbalances which developed due to the apartheid regime.

The firm’s founding partner Koko Khumalo is a former senior partner at EY and has had two decades worth of experience in client service and practice management roles.

EY Africa CEO Ajen Sita said: “This partnership will allow Motlanalo to gain audit experience in the private sector, with initial focus on bank audits, on the back of EY’s own growth and capability in that sector.

“Through this partnership we are able to ensure that practical skills of handling complex client matters are transferred – in a segment of our market that has been traditionally difficult to access by emerging audit firms.”

Sita continued: “This is one way we are demonstrating our commitment to the South African transformation and inclusive growth agendas. By being part of Motlanalo’s growth journey, we continue to live our purpose of building a better working world.”

The firm will continue to operate from their current offices under the name Motlanalo Incorporated, and will remain independently owned and managed.

Khumalo said: “I have been waiting for an opportunity to empower my staff by growing their skills set and exposing them to different auditing environments – something that has remained difficult for us to achieve to the fullest to date. Through this partnership, our three offices will have access to unrivalled growth and learning opportunities.”

 

Top Content

    The UK: uncertain waves rule Britannia

    he UK’s accountancy profession is currently in a period of much uncertainty. The Competition and Markets Authority (CMA) has released its review into the listed audit market which could cause the biggest shake-up the profession has seen in years, the Kingman Review has described the Financial Reporting Council (FRC) as not being fit for purpose and called for it to be replaced. All the while the country remains in a deadlock on Brexit negotiations.

    read more

    Views from the Eurozone

    With Brexit looming, populist governments gaining footholds in a number of countries and movements such as the Yellow Jacket protests in France, 2018 was anything but a quite year for the eurozone. Here leaders report to the IAB on their markets.

    read more

    Eastern promise and how to find it

    With China rising as a global power, Jonathan Minter spoke with ShineWing’s Zhang Ke and Marco Carlei at the World Congress of Accountants 2018 in Sydney, to discuss the cultural challenges that occur when Chinese networks look beyond their border, and the dividends available for those who overcome them.

    read more

    Spain: looking to widen demand

    As Spanish accounting professionals prepare for new audit regulations, the Paul Golden asks what they need to do individually and at firm level to maintain and increase demand for their services.

    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.