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Search Results for: McKinsey

Eskom

Flash Briefing: Outcry against ban on guns for self-defence; Eskom slashes debt; McKinsey repays R870m for corruption

25th May 2021

State-owned power utility Eskom reduced its debt by almost a fifth after repaying matured loans and benefiting from a more favourable exchange rate.

State Capture et al claims McKinsey’s Kevin Sneader – with insights from The Wall Street Journal

1st March 202126th February 2021

McKinsey’s senior partners have voted Kevin Sneader out of leadership at the end of his first term. His crisis management style is said to have caused friction in the ranks.

McKinsey

Week in review: McKinsey concedes, AG discovers more Covid-19 swindling, Gordhan vindicated, vaccine rolled out in UK

11th December 2020

In 2017, McKinsey conceded that work done at power utility Eskom was also linked to state capture and it agreed to return R1bn in fees.

Transnet

Flash Briefing: Transnet says McKinsey has miscalculated, Discovery Bank gets a new CEO

11th December 202010th December 2020

McKinsey was presented with evidence that its consulting work was tainted by the corruption of State Capture at Transnet and SAA.

McKinsey corruption CEO

McKinsey mea culpa for corruption bombs, like it did in 2018. SA leaders roast CEO. LISTEN!

10th December 2020

Will SA ever forgive McKinsey for corruption? In 2018, business leaders publicly skewered its CEO; now Transnet has rejected R650m offer through Zondo.

Transnet

McKinsey hands R650m back to Transnet, SAA; more corporate sinners urged to pay up. #StateCapture

10th December 20209th December 2020

The Commission urges other companies to follow the example of McKinsey, wherever they have benefited, directly and indirectly, from corruption.

KPMG

Graft-tainted McKinsey, KMPG inveigle way into journalism awards

4th November 20204th November 2020

Executives from McKinsey and KPMG have been placed front and centre of publicity about 100 judges involved in deciding a journalism prize in Africa.

Government

Holy fools and whistleblowers – the ‘McKinsey Slayer’ tale

31st October 2020

Does the pursuit for truth-telling carry a greater cost? By exposing McKinsey, Bianca Goodson has become the victim rather than the hero.

McKinsey Trillian

PHE reincarnated with help from McKinsey; proves cronyism is alive and well – SLR

28th August 202028th August 2020

McKinsey was paid £563,400 to coin the “vision, purpose and narrative” of the UK’s National Institute for Health Protection, which replaces PHE.

State Capture

Gupta sanctions put state capture specialists KPMG, PwC, McKinsey back in spotlight

13th October 201911th October 2019

As tangible action against state capture masterminds, the Gupta brothers and Salim Essa, is taken by US authorities, the world spotlight is back on corporations that have aided and abetted the corrupt in South Africa.

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