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No mercy for state capture looters
The Citizen
|December 18, 2024
It's no surprise that Business Unity South Africa (Busa) has headed for the hills over the controversy generated by its getting into bed with a company which facilitated state capture, McKinsey.
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The global firm has been announced as a "supporting partner" to the B20, which is an engagement group coordinating the participation of business in next year's G20 summit. President Cyril Ramaphosa has just taken over the presidency of the G20 and his office has raised concerns about the participation of McKinsey.
Earlier this month, McKinsey agreed to pay R1.1 billion to South Africa for its role in facilitating state capture.
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