McKinsey to repay $43m for tainted South African contracts
Interesting article on CH Aviation about McKinsey, South African Airways, Transnet and an “ongoing graft ...
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By Alex Lennane
South African Airways has been given another chance after the government bailed it out with a $350m loan. However, the cash does not come without strings: the airline, which has recently had numerous CEOs and management teams, must improve corporate governance and cut costs, which will entail stopping loss-making routes.
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