
Audio By Carbonatix
South Africa is targeting the giant consulting firm Deloitte, as it seeks to reclaim money allegedly lost to corruption over the past decade.The state-owned power company Eskom has gone to court to demand Deloitte pay back $14m (£10m) that it says was improperly awarded.Eskom alleges Deloitte charged five times more than its competitors for work done back in 2016.The company is struggling to repair the damage caused by a giant corruption scandal known in South Africa as “state capture".Deloitte insists it did nothing wrong and will fight the claim in court.
South Africa's state-owned power company Eskom has been caught up in the "state capture" allegationsBut it is not the first giant multi-national company to get caught up in South Africa’s “state capture” scandal.McKinsey, Bain, SAP and KPMG have also been accused of working with corrupt local officials. They have denied wrongdoing. But several have already paid money back.South Africa’s former President Jacob Zuma was kicked out of office in 2017 for allegedly presiding over the scandal. His successor is now trying to restore trust in Eskom and other key state institutions.But a string of recent power cuts has underlined the scale of the task ahead, and the extraordinary damage done to South Africa’s economy, and its young democracy, by years of systematic corruption.
South Africa's state-owned power company Eskom has been caught up in the "state capture" allegationsBut it is not the first giant multi-national company to get caught up in South Africa’s “state capture” scandal.McKinsey, Bain, SAP and KPMG have also been accused of working with corrupt local officials. They have denied wrongdoing. But several have already paid money back.South Africa’s former President Jacob Zuma was kicked out of office in 2017 for allegedly presiding over the scandal. His successor is now trying to restore trust in Eskom and other key state institutions.But a string of recent power cuts has underlined the scale of the task ahead, and the extraordinary damage done to South Africa’s economy, and its young democracy, by years of systematic corruption. DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Ghana Armed Forces Health Services prepares for 2026 Military Nightingales’ Week celebration
32 minutes -
Gov’t announces independent autopsy for Bashiru Isak after failure to obtain South Africa post-mortem report
36 minutes -
Today’s Front pages : Thursday, July 16, 2026
38 minutes -
UPSA Research and Consultancy Centre trains Akatsi College of Education staff in research and AI skills
48 minutes -
Viral video turned reckless Vitz driver into hero, blamed trucker who may have averted fatal crash at Ofankor
49 minutes -
Body of Bashiru Isak, Ghanaian killed in South Africa, arrives in Ghana
1 hour -
KTU and CryoChain Ghana Ltd explore strategic partnership to build cold chain AgriTech hub
1 hour -
Why Ameyaw TV is betting on niche content to shape its future
1 hour -
13 confirmed dead, several injured in three-vehicle crash near Konongo on Kumasi-Accra Highway
1 hour -
Aggrieved customers of defunct Gold Coast Fund Management Company demand payments of locked up fund in Mid-Year Budget
2 hours -
Liberian lawmaker urges West Africa to move beyond treaties and enforce laws against gender-based violence
2 hours -
Tarkwa: Court jails 19-year-old five years for stealing nurse’s iPhone, cash
2 hours -
UK regulator to probe TikTok on child safety measures
2 hours -
Zambia’s former Vice President Guy Scott dies at 82
3 hours -
‘It takes huge ‘Akokodur’ to do business in Ghana’ – Nduom reacts after Supreme Court halts GN Savings revival
3 hours