South Africa

New York Times Investigation Exposes McKinsey's Work Raising Stature of Authoritarian Governments

2018-12-15 00:00:00 +0000 UTC | Importance: 9/10

The New York Times publishes a major investigation by Walt Bogdanich and Michael Forsythe titled ‘How McKinsey Has Helped Raise the Stature of Authoritarian Governments’ based on interviews with 40 current and former McKinsey employees and dozens of clients. The investigation reveals …

McKinsey & Company Walt Bogdanich Michael Forsythe The New York Times Saudi Arabia +4 more mckinsey authoritarian-consulting investigative-journalism saudi-arabia china +3 more

McKinsey Agrees to Repay $74 Million to South Africa's Eskom After State Capture Scandal

2018-07-06 00:00:00 +0000 UTC | Importance: 8/10

McKinsey & Company reaches a settlement with South African power utility Eskom Holdings and a unit of the prosecuting authority, agreeing to return approximately R1 billion ($74 million) in fees earned on work for the electricity producer. Eskom had asked McKinsey to pay back the funds the …

McKinsey & Company Eskom South Africa Gupta Family Jacob Zuma +4 more mckinsey south-africa state-capture corruption gupta-family +2 more