McKinsey will on Monday pay back R902-million of the R1.6-billion that Eskom awarded it in 2016‚ but will keep millions in interest it earned on the fee. The global consulting company will‚ through its new global managing partner‚ also make a public apology and "talk frankly" about how it handled the situation relating to its work at the power utility. Even as it claims "full and final settlement"‚ McKinsey will‚ […]
Trillian Capital, the financial-services company linked to the Guptas, stonewalled an investigation into whether its management had advance warning about Nhlanhla Nene’s firing as finance minister in 2015, according to a report on the probe. Trillian Capital refused access to electronic devices used by CEO Eric Wood, which could help either support or disprove allegations by a former senior employee that Wood told her Nene would be replaced more than […]
VOC became the first Muslim radio station in South Africa when a special events license was granted to the station in Ramadan/January 1995. Subsequent temporary broadcast licenses were granted, permitting the station to broadcast for 24 hours.
