South African Presidency Questions McKinsey’s G20 Role

South African Presidency Questions McKinsey’s G20 Role

The South African Presidency has expressed concern over McKinsey's appointment to the business engagement group that meets to coordinate the participation of business in the G20, and Bain's role in South Africa's Energy Council Project Management Office. Highlighting their past involvement in state capture, the Presidency spokesperson Vincent Magwenya states that these appointments undermine public trust and good governance. Magwenya emphasised the need for more credible partners:

December 16, 2024 18

Business / Economics

State of the Namibian Economy 2024 reveals lack of public sector reform

Economist Robin Sherbourne has stressed that good governance and well-crafted policies are more crucial for a country’s long-term economic success than natural resources or the size of its population. Speaking in his recent analysis, Sherbourne argued that the foundation of sustainable economic growth lies in the strength of a nation’s institutions and the effectiveness of its policies. In the same report titled "State of the Namibian Economy 2024," Sherbourne […]

September 2, 2024 51

Africa

Nigeria has a democracy deficit – corruption and a lack of welfare policies are to blame

By Fidelis Allen, University of Port Harcourt Democracy refers, at a minimum, to a political system that guarantees some involvement in decision-making. It gives citizens opportunities to choose and replace their leaders or representatives via free and fair elections. But that’s not all. Democracy also protects citizens’ socio-economic, political and cultural rights. Its success turns on its ability to bring changes to the living conditions of citizens. It […]

January 25, 2024 8