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Ford’s R3bn investment welcomed by cabinet

Cabinet has welcomed Ford Motor Company’s R3 billion investment into its Silverton plant in Tshwane. The investment is expected to create direct and indirect jobs due to increased production of the Ford Ranger Model according to Communications...
The logo of consulting firm McKinsey + Company is seen at an office building in Zurich, Switzerland September 22, 2016. REUTERS/Arnd Wiegmann

McKinsey to repay Eskom’s R1bn

Global consultancy firm McKinsey is ready to return the R1 billion it earned from a flawed deal with Eskom because it does not want tainted money. This is according to Senior McKinsey executive David Fine who testified before parliament’s inquiry...