Grant Thornton South Africa announced today that a group of partners and staff in the Cape Town office will leave the firm to pursue alternative business opportunities, effective 31 July 2012.
The decision was reached when differences between two groups of partners could not be overcome.
“We wish the departing partners and staff well in their future ventures,” says Ian Scott, managing partner Grant Thornton Cape.
In June 2010, Ian Scott and Neil Miller were appointed joint managing partners when BDO was merged into the Grant Thornton firm in the Cape (Cape Town and Port Elizabeth).
Grant Thornton in South Africa – with the support Grant Thornton International – has endorsed the decisions made and continues to be fully committed to the remaining Grant Thornton partners in Cape Town.
Ian Scott will maintain his role as managing partner of Grant Thornton Cape. The bulk of the Cape firm remains fully intact to provide all service line capabilities to clients across the region.
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About Grant Thornton South Africa
Grant Thornton South Africa is a member firm of Grant Thornton International Ltd (GTIL). Grant Thornton South Africa was founded in 1920 (previously Kessel Feinstein). We are leaders in our chosen market, providing assurance, tax and specialist business advice to dynamic organisations – listed companies, large privately held businesses and private equity backed organisations.
We employ 933 people in South Africa with 100 partners and directors. Grant Thornton has a national presence with offices in Bloemfontein, Cape Town, Durban, George Johannesburg, Nelspruit, Port Elizabeth, Pretoria and Rustenburg. South Africa is a major force in Africa, alongside 20 member firms on the continent. We operate in Algeria, Botswana, Côte d’Ivoire, Egypt, Ethiopia, Gabon, Guinea, Kenya, Libya, Mauritius, Morocco, Mozambique, Namibia, Nigeria, Senegal, Togo, Tunisia, Uganda, Zambia and Zimbabwe and are ideally positioned to facilitate clients’ expansion plans in these countries.
About Grant Thornton International Ltd
Grant Thornton is one of the world’s leading organisations of independent assurance, tax and advisory firms. These firms help dynamic organisations unlock their potential for growth by providing meaningful, forward looking advice. Proactive teams, led by approachable partners in these firms, use insights, experience and instinct to understand complex issues for privately owned, publicly listed and public sector clients and help them to find solutions.
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Grant Thornton South Africa is a member firm of Grant Thornton International Ltd (GTIL). GTIL and the member firms are not a worldwide partnership. Services are delivered by the member firms. GTIL and its member firms are not agents of, and do not obligate, one another and are not liable for one another’s acts or omissions.
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