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Mckinsey

How crypto payments make luxury goods more accessible
Partner Content
/ 2 September 2024

How crypto payments make luxury goods more accessible

They offer a secure, fast and decentralised method of processing transactions

By Online Betting
SIU finalising Transnet state capture cases but financial recovery slow
National
/ 5 September 2023

SIU finalising Transnet state capture cases but financial recovery slow

The Special Investigating Unit told parliament that settlement agreements with various companies were in the pipeline

By Emsie Ferreira
Transnet locomotive case postponed to end of November
National
/ 14 October 2022

Transnet locomotive case postponed to end of November

The Palm Ridge court granted a postponement to allow the full contents of the docket to be made availed to Brian Molefe, Anoj Singh and their co-accused

By Emsie Ferreira
African fintech is evolving rapidly
Africa
/ 10 September 2022

African fintech is evolving rapidly

However, report notes that startups on the continent will face a number of hurdles

By Conrad Onyango
Molefe, Singh released on R50 000 bail in Transnet R93m corruption case
National
/ 29 August 2022

Molefe, Singh released on R50 000 bail in Transnet R93m corruption case

The two Transnet executive appeared in court along with Regiments Capital directors Niven Pillay and Litha Nyhonyha

By Emsie Ferreira
R57-billion: How the Guptas played Monopoly with state money
National
/ 23 June 2022

R57-billion: How the Guptas played Monopoly with state money

The largest sources of state capture money were Transnet and Eskom, two of South Africa’s most fragile state-owned entities

By Sarah Smit
‘Rampant corruption’ linked to McKinsey-Trillian transactions, says Zondo
Business
/ 29 April 2022

‘Rampant corruption’ linked to McKinsey-Trillian transactions, says Zondo

Recommendations by the Zondo commission include investigation and possible criminal prosecution for Brian Molefe, Matshela Koko and Anoj Singh

By Sarah Smit
McKinsey did not tell the FDA it was working for opioid makers while also working for the agency
World
/ 5 October 2021

McKinsey did not tell the FDA it was working for opioid makers while also working for the agency

The consulting giant was helping Purdue Pharma and Johnson & Johnson fend off FDA regulations even as it helped shape FDA drug policy.

By Ian MacDougall and ProPublica
Global players enabled ‘Zupta’ corruption
Opinion
/ 12 September 2021

Global players enabled ‘Zupta’ corruption

The Zupta decade: Governments and global corporates, banks and consultants must stop enabling money laundering

By Peter Hain
Eskom kept paying because Trillian kept working, Zondo commission hears
National
/ 22 June 2021

Eskom kept paying because Trillian kept working, Zondo commission hears

Former senior executive Prish Govender tried to justify why payments to McKinsey and the Gupta-linked consulting firm continued in the absence of a contract

By Emsie Ferreira
Singh sticks to a firm line of denial as he concludes testimony at Zondo commission
National
/ 17 June 2021

Singh sticks to a firm line of denial as he concludes testimony at Zondo commission

The former Transnet chief financial officer said he has no idea how R41-million flowed to a Gupta front company, ostensibly for unblocking a deal

By Emsie Ferreira
Singh cannot say how Regiments obtained on his memos to Molefe
National
/ 17 June 2021

Singh cannot say how Regiments obtained on his memos to Molefe

The former Transnet and Eskom chief financial officer agreed that it was highly irregular that the consultancy firm enjoyed this unfair advantage

By Emsie Ferreira
Koko maintains the Zondo commission is trying to frame him
National
/ 29 March 2021

Koko maintains the Zondo commission is trying to frame him

Faced with stark evidence, former CEO says evidence leaders are trying to twists facts and intimidate him

By Emsie Ferreira
Ramaphosa will be questioned on Eskom, Zondo assures Koko
National
/ 29 March 2021

Ramaphosa will be questioned on Eskom, Zondo assures Koko

The power utility’s former chief executive prefaced his testimony by asking if the president would have to answer to claims that he meddled in Eskom

By Emsie Ferreira
Corporate amends: What is enough?
Opinion
/ 14 March 2021

Corporate amends: What is enough?

Without getting to the bottom of the problem or offence, apologies and offers ring hollow.

By Athol Williams
Koko maintains he had no idea he was exchanging emails with a man likely to be Salim Essa
National
/ 1 March 2021

Koko maintains he had no idea he was exchanging emails with a man likely to be Salim Essa

On his fourth appearance before the commission, the former Eskom CEO maintains he was tricked into sharing company information with a third party

By Emsie Ferreira
The private-sector players who facilitated public-sector fraud
Opinion
/ 25 February 2021

The private-sector players who facilitated public-sector fraud

Let us never forget the private-sector players who facilitated public-sector fraud

By Kiri Rupiah and Luke Feltham
How McKinsey is making $100m and counting) advising the US government’s coronavirus response
World
/ 20 July 2020

How McKinsey is making $100m and counting) advising the US government’s coronavirus response

For the world’s best-known corporate-management consultants, helping tackle the pandemic has been a bonanza. It’s not clear what the US government has gotten in return

By Ian MacDougall and ProPublica
We must equip graduates to excel in tasks that are beyond the scope of AI
Article
/ 16 March 2020

We must equip graduates to excel in tasks that are beyond the scope of AI

With artificial intelligence taking over background tasks in the financial services sector, graduates need to be equipped with modern skills and mindsets to complement the machines and maximise benefits for consumers and the economy

By David Taylor
The commons, not the market
Analysis
/ 28 February 2020

The commons, not the market

Greening the financial system is essential, but the environment can’t be shoehorned into the logic of finance

By Katie Kedward
Isabel dos Santos did not loot Angola alone
Africa
/ 21 January 2020

Isabel dos Santos did not loot Angola alone

Once again, Western auditing and consulting firms shamelessly facilitated corruption on an international scale

By Simon Allison
Trillian payments were illegal — Eskom counsel
Article
/ 18 March 2019

Trillian payments were illegal — Eskom counsel

The utility’s battle to claw back the millions it paid to Trillian kicked off at the high court on Monday

By Sarah Smit
Koko leaked emails to ‘demonstrate his capabilities to the captors’ — Mabuza
Article
/ 25 February 2019

Koko leaked emails to ‘demonstrate his capabilities to the captors’ — Mabuza

Former head of generation at Eskom, Matshela Koko, is alleged to have leaked confidential information to Gupta associate Salim Essa

By Mashadi Kekana
Idle watchdogs take a beating
Article
/ 4 January 2019

Idle watchdogs take a beating

State capture and the collapse of major businesses have cast the spotlight on auditors and industry regulators

By Kevin Davie
Eskom sweats as Trillian buys time
Article
/ 7 December 2018

Eskom sweats as Trillian buys time

Eskom is trying to recover is missing millions, but Trillian CEO Eric Wood says he is overwhelmed by the court case against the Gupta-linked company

By Sarah Smit
Fourth industrial revolution must not cement inequality
Article
/ 10 October 2018

Fourth industrial revolution must not cement inequality

South Africa’s schools must be able to produce youth ready for the fouth industrial revolution

By Staff Reporter
Six SOEs paid R3bn to consultants
Article
/ 21 September 2018

Six SOEs paid R3bn to consultants

Unnecessary outsourcing and inflated fees may have contributed to the giant bill the state paid

By Tebogo Tshwane
Editorial: From the embers of fire, stoke hope
Article
/ 7 September 2018

Editorial: From the embers of fire, stoke hope

It is the likes of emergency services —the firemen and the paramedics —who bear the brunt for shortfalls in the public purse

By Editorial
Transnet board to consider reasons why CEO shouldn’t be suspended
Article
/ 22 August 2018

Transnet board to consider reasons why CEO shouldn’t be suspended

The state freight and ports company served its chief executive Siyabonga Gama and two other executives with suspension notices last week

By Tehillah Nieselow
​Transnet CEO Gama, two other officials suspended
Article
/ 16 August 2018

​Transnet CEO Gama, two other officials suspended

The three have until the close of business day on August 20, to provide written submissions on why they should not be suspended

By Gemma Ritchie
Editorial: Give clarity on land restitution
Article
/ 10 August 2018

Editorial: Give clarity on land restitution

‘Land reform has never been just a nice-to-do. Both for reasons of equity and to provide a base for economic growth, it has always been a have-to-do’

By Editorial
Treasury asks Hawks to probe Singh
Article
/ 3 August 2018

Treasury asks Hawks to probe Singh

Eskom’s ex-financial officer’s swanky pad and R16m in strange transactions are part of probe

By Thanduxolo Jika
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