About Kelly ChalomKelly is currently a manager in the Fraud and Misconduct Investigations practice and is also involved in Fraud Risk Management and Fraud in the Audit. She has almost three years of forensic experience with KPMG. Prior to that, Kelly had 6 years experience in legal practice and litigation, with particular focus in personal injury and insurance law. Her experience in investigations includes performing risk management assessments and conflict checks, initial kick-off consultations with clients, assistance in formulating project plans, involvement in search and seizures, conducting searches of seized and captured documentation, compiling reports and providing feedback to clients.
Author Archive | Kelly Chalom
Fraud and corruption will always be at the forefront of the minds of those looking to invest in Africa. In this regard, the recently published KPMG Africa fraud Barometer for 2011 reported some telling statistics about reported fraud on the continent. The Barometer was developed “to form a bigger picture of fraud prevalence on the African continent”, incorporating data from available news articles on Africa and other designated databases. The Barometer compares fraud reports from the six months ended June 2011 to the six months ended December 2011.
The April 2012 World Economic Outlook report published by the International Monetary Fund presented a sturdy but cautiously optimistic future for the various African economies. Sub-Saharan Africa particularly recorded a strong 5 percent growth in 2011 and was one of the regions least affected by the global financial crisis. With the exception of South Africa, limited financial ties to Europe helped shield the region from the financial havoc that tore through Western economies in late 2011.