McKinsey to repay $43m for tainted South African contracts
Interesting article on CH Aviation about McKinsey, South African Airways, Transnet and an “ongoing graft ...
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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