McKinsey's new boss apologises to South Africans over corruption scandal


  • World
  • Monday, 09 Jul 2018

The logo of consulting firm McKinsey + Company is seen at an office building in Zurich, Switzerland September 22, 2016. REUTERS/Arnd Wiegmann

JOHANNESBURG (Reuters) - McKinsey's new global head will on Monday apologise to South Africans for work the firm did with friends of scandal-plagued former president Jacob Zuma, an ill-fated deal that tarnished the reputation of the world's biggest consultancy.

McKinsey has lost most of its clients in South Africa since it emerged last year it had partnered with local consultancy Trillian in order to win a 1.6 billion rand (£90.14 million) contract with state power utility Eskom in 2016.

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