Posts in Tag

Kganki Matabane

South Africa’s Black Business Council has called for McKinsey & Company to be banned and blacklisted following the consultancy firm’s $122 million settlement with South African and US authorities.  McKinsey’s payment addresses allegations of bribery and corruption involving former South African president Jacob Zuma and has sparked debate over accountability and fairness. McKinsey Bribery Settlement Sparks Outrage McKinsey’s settlement stems from McKinsey’s involvement in corrupt dealings with South African state-owned enterprises Eskom and Transnet between 2012 and 2016.  While the firm has fired implicated employees and returned over R4.1 billion