The one positive of this, even if some of it is depressing, is that there'll be life on the other side, writes Adriaan Basson.
The power utility says it will institute liquidation proceedings against Trillian Management Consulting and Trillian Capital Partners in the North Gauteng High Court later this month.
Ex-Eskom chairperson Zethembe Khoza put pressure on former Eskom interim CEO Sean Maritz to sign off on a controversial loan agreement with a Chinese firm Huarong Energy Africa
Global consultancy McKinsey & Co has admitted to helping Transnet Group Chief Executive Siyabonga Gama prepare a part of his thesis to obtain an MBA, but Gama told Fin24 the help had amounted to nothing more than checking language.
Public Enterprises Minister Pravin Gordhan said the actions of controversial contractors Regiments and Trillian would be investigated by newly appointed boards of state-owned entities and the Judicial Commission of Inquiry into State Capture.
Eskom has welcomed McKinsey's apology to South Africans and confirmed it received R902m from the global consultancy firm.
McKinsey, Eskom and the Asset Forfeiture Unit (AFU) have reached a settlement regarding the controversial fee McKinsey earned from Eskom.
The Gauteng provincial government has taken key decisions related to contracts with auditing firm KPMG and consultancy McKinsey which are facing allegations of misconduct.
Eskom says it has approached the court in a bid to recover money from global consultancy McKinsey, and is looking into ways of recovering money from Gupta-linked company Trillian.
Parliament has heard that Eskom's former acting chair Zethembe Khoza halted an investigation by a forensic firm into the power utility, but Khoza has denied the allegations.
Economic Development Minister Ebrahim Patel has spoken out against corruption in SOEs and in the private sector, calling players to combat the "cancer".
Global consulting firm McKinsey & Co did not fully understand its mandate when it was brought in to strengthen the business case for Transnet to acquire 1064 locomotives, a former Transnet official has said.
Ghana’s tax agency has hired McKinsey & Co to help boost collections after missing the revenue target for the year through August by 1.8bn cedis ($367m).
Following numerous corporate scandals across the world, Makhosandile Kwaza asks how regulators miss the red flags.
PR experts believe that, whatever the extent of a brand's crisis, you can recover if you handle it correctly. Both KPMG and McKinsey failed - something social media capitalised on, writes Tonya Khoury.
The consulting firm, which last week repaid almost R1bn in fees, has apologised for overcharging Eskom and for being slow to admit wrongdoing.
“It did not take a Harvard Business School graduate to explain why South Africans might get angry seeing a wealthy American firm cart away so much public money."
The National Prosecuting Authority has filed papers in the North Gauteng High Court in Pretoria in an application for a forfeiture order against global consultancy McKinsey.
There is huge room for growth in meeting unmet needs in Africa and if banks can tap into this, there will be massive revenue increase prospects, according to a new study by McKinsey.
The Eskom inquiry resumes on Tuesday. A forensic company which investigated allegations of irregular payments made to Trillian will present its evidence.
Eskom hasn’t given McKinsey reasons for why it says the R1bn payment it made to the global consultancy was legal.
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