Irene Yuan Sun is now a consultant with McKinsey, but she first developed her expertise on Africa while teaching English in a rural school in Namibia. From there she studied how Africa’s manufacturing plants worked in Kenya and Ethiopia, and toured factories across the continent to understand how they work…
The financial services firm KPMG South Africa announced a major shakeup in leadership following an internal investigation of its practices while doing work for the wealthy Gupta family at the center of the country’s corruption inquiries. It’s the latest move amid allegations of financial scandal that have swept the country….
Laureen is the editor of Africa Times
McKinsey is under renewed scrutiny following a report from Reuters that suggests the global business consulting firm in South Africa ignored warnings about business contracts with Eskom, the nation’s power provider, that were linked to the growing scandal surrounding the Gupta business family. The Reuters report, published Wednesday, cited two…
The global business consulting firm McKinsey has placed a South African director on leave following an investigation tied to the Gupta business family scandal that has cast a pall over President Jacob Zuma and the nation. The company announced that Vikas Sagar, above, was taking a leave of absence during…
A long-awaited McKinsey report on China-Africa economic partnerships and relationships has been released, with insights drawn from more than 100 senior African leaders and more than 1,000 owners or managers of Chinese businesses in eight African nations. There are thousands of Chinese firms – far more than officially counted, McKinsey…
The preview of a McKinsey & Company report on Chinese investment in Africa is making a few headlines, but full details on “Dance of the Lions and Dragons” won’t be released until the upcoming World Economic Forum (WEF) in Asia. What McKinsey did share at a WEF event in Durban,…