Tag: Eskom
Mismanagement in South Africa – Why German investors foot the bill
Electricity pylons of the concern Eskom The chronic power outages are paralyzing the country and its economy. (Photo: Reuters) Johannesburg The fourth German-African Economic Summit in Johannesburg had an unexpected…
ABB pays $315 million in bribery scandal
Johannesburg The Swiss technology group ABB Ltd. pays more than $315 million to settle investigations by the US Department of Justice and South African and Swiss authorities into a bribery…
McKinsey and Co. with “questionable practices”: The black book of the consulting firms
keyhole Walt Bogdanich and Michael Forsyth look behind the scenes at consultancies like McKinsey and unearth some things. Dusseldorf The authors already make it clear with the title in which…