McKinsey under new scrutiny in South Africa’s corruption scandals

McKinsey under new scrutiny in South Africa’s corruption scandals

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…

South Africa’s President Zuma: ‘I will not resign on my own’

Embattled South African President Jacob Zuma vowed Wednesday to never resign, while speaking at an African National Congress (ANC) youth gathering in Durban. Zuma, who has faced repeated calls to step down from office amid questions of corruption, made his remarks during an Economic Freedom Lecture event focused on economic transformation. “I…

Zuma leaves Pretoria protests behind for Mugabe meeting

Embattled South African President Jacob Zuma headed for Harare Thursday morning to discuss trade and investment with his equally beleaguered counterpart, President Robert Mugabe of Zimbabwe. Zuma left behind thousands of protesters in Pretoria demanding his resignation following the release of the long awaited “State of Capture” report.  The investigation…