McKinsey’s $122mn bribery settlement in South Africa sparks outrage
McKinsey and Company Africa Ltd, a subsidiary of McKinsey & Company, will pay more than $122 million to resolve a U.S. investigation into a bribery scheme in South Africa. Privately owned McKinsey Africa was charged with one count of conspiracy to violate the Foreign Corrupt Practices Act for agreeing to pay bribes to officials at […]
Ensuring Transparency in UAE’s IRH Investments in South Africa’s Mining, Energy, and Logistics Sectors
Abu Dhabi-based International Resources Holding (IRH) has announced a major partnership with South Africa’s Public Investment Corporation (PIC), focusing on key sectors such as mining, energy, and logistics. The collaboration aims to channel substantial investments into South Africa’s infrastructure and green energy projects, with the potential for significant economic impact. However, large-scale initiatives such as […]