First Take SA

BBC calls for ban & blacklisting of McKinsey & Co, and others


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The Black Business Council (BBC) is calling for a comprehensive ban and blacklisting of McKinsey & Company and other companies implicated in state capture. The BBC says the firms, which have been accused of bribing government officials, pose a significant threat to the country's stability. McKinsey & Company has agreed to pay a 122 million US dollar settlement in a South African bribery case. However, the BBC maintains that financial penalties alone are insufficient and that perpetrators should face imprisonment. Elvis Presslin spoke to Black Business Council President, Elias Monage

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