Mckinsey
latest news & developmentsHow crypto payments make luxury goods more accessible
They offer a secure, fast and decentralised method of processing transactions
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
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
African fintech is evolving rapidly
However, report notes that startups on the continent will face a number of hurdles
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
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
‘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
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.
Global players enabled ‘Zupta’ corruption
The Zupta decade: Governments and global corporates, banks and consultants must stop enabling money laundering
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
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
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
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
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
Corporate amends: What is enough?
Without getting to the bottom of the problem or offence, apologies and offers ring hollow.