McKinsey & Co has apologised to South Africa again over how business was handled with state-owned Eskom, saying it overcharged the utility and was slow to admit wrongdoing. The consulting firm admitted
South African prosecutors have moved to freeze the assets of suspected allies of the politically connected Gupta family more than a year after the nation’s top graft ombudsman outlined the depth of state looting in the country
South African prosecutors have moved to freeze R1.6bn of assets held by McKinsey & Co and a company linked to the Guptas, the first significant response to corruption allegations against the politically connected
As many as 800m workers worldwide may lose their jobs to robots and automation by 2030, equivalent to more than a fifth of today’s global labour force. That’s according to a new report covering 46 nations and more than
Transnet has distanced itself from third-party payments made by software giant SAP to win contracts with South Africa’s state-owned ports and rail operator, saying they are an issue for the German company and its business partners
Corruption allegations surrounding South Africa’s politically connected Guptas ensnared one of Germany’s biggest companies as SAP joined international businesses ranging from KPMG to McKinsey & Co in reporting links with
Banks around the world have spent the past few years preparing for competition from small, nimble technology start-ups. It turns out the real threat may be Jeff Bezos. Financial institutions have parried the threat from fintech firms by
skom has said it will ask McKinsey & Co and Trillian Capital Partners to return “unlawful” payments that the power utility has made under arrangements with the companies. Eskom is seeking the return of R1bn from McKinsey and
South Africa is ready to start a probe into contracts of state-owned power utility Eskom, which provided false information about dealings with Trillian Capital Partners and McKinsey & Co, public enterprises minister Lynne Brown
Public enterprises minister Lynne Brown has instructed Eskom to begin legal action against companies including McKinsey & Co over their involvement in disputed contracts at the state-owned electricity