The world is changing fast and to keep up you need local knowledge with global context.
Professional services consultancy McKinsey is in the headlines again in connection with unethical – and illegal – business behaviour.
The media spotlight is sharply focused on McKinsey, with journalists around the world piecing together its work for authoritarian and corrupt governments.
McKinsey has actively nurtured the world’s nastiest political leaders and helped entrench systems that suppress democracy and human rights.
South African lawmakers have accused McKinsey of possible criminal wrongdoing in a report that condemns the consultant’s work for power utility Eskom.
Not only have firms like Bain, McKinsey and KPMG enjoyed an easy ride – they’ve behaved like thugs by helping to raid taxpayers’ funds.
Global consultancy firm McKinsey has responded to reports about a National Treasury draft report having found it paid for former Transnet and Eskom CFO, Anoj Singh, to travel overseas to attend a CFO Forum.
A mea culpa from McKinsey’s boss Kevin Sneader earlier this month increasingly appears to be hollow, especially following a City Press report over the weekend that revealed how the consultancy firm’s fleecing of Eskom and Transnet was much bigger than previously thought.
This week’s release of financial results from South Africa’s State-owned electricity supplier Eskom was always going to be worth watching. It marked the first public engagement of a fresh board of directors installed 69 days earlier by a forceful new political head. The occasion lived up to its billing.
US representative asks Justice Department unit to explain why McKinsey names many fewer connections to interested parties than its competitors.
Alec enjoyed a front row seat at the first public engagement by Kevin Sneader, new global managing partner of the world’s largest consulting firm, McKinsey & Company – the business in the vortex of South Africa’s State Capture scandal.