McKinsey | Infrastructure news



McKinsey to repay Eskom’s R1 billion

Power utility Eskom has finalised a settlement agreement that will see McKinsey pay back the R1 billion paid to it by the utility under the Turnaround Programme. Eskom board Chairman Jabu Mabuza, says this is a significant milestone for the Board...
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...
Abram Masango Suspended group executive for capital

Eskom suspends another senior executive

Eskom has confirmed that another senior executive has been suspended amidst the utility’s investigations into allegations of corruption. EWN on Thursday reported that Abraham Masango, group executive for capital, was up for suspension for allegedly...