BREAKING NEWS: Bain withdraws from BLSA

2022/01/18 12:50:00

BREAKING NEWS: Bain withdraws from BLSA

BREAKING NEWS: Bain withdraws from BLSA

Implicated in the state capture report for its part in the harm caused to Sars, Bain has withdrawn its membership from the SA business organisation

18 January 2022 - 11:40 Thando Maeko Facing backlash for its involvement in the erosion of the SA Revenue Service (Sars) under state capture, US-based management consultancy firm Bain has withdrawn its membership from Business Leadership SA (BLSA).We all benefit from constructive criticism.We all benefit from constructive criticism.January 12, 2022 12 January 15:57 United States consumer inflation up at 7% in Dec 2021, highest level since 1982.

Bain, one of the leading global consultancy firms, has been implicated in part one of the state capture report, which found that it, along with former Sars commissioner Tom Moyane and former president Jacob Zuma, were central to the attempt to destroy the tax agency..But it is always important to get one’s facts straight when doing so..BLSA (and often me personally) has faced much criticism over consulting firm Bain, which is a member, since the publication of the first Zondo Commission report.B Premium This article is reserved for our subscribers.Much of this has been ignorant of the facts, poorly informed, sensationalist and not even vaguely constructive.A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.Naspers jumped more than 6%, while Sasol (+5%), and Anglo (+4%) also saw strong gains.

Already subscribed? Simply sign in below.What Bain did at Sars was highly damaging and every South African is right to be angry.What Bain did at Sars was highly damaging and every South African is right to be angry..

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How does a company benefit from being a member of BLSA

The anger towards Bain following Zondo report is justified: MavusoWhat Bain did at Sars was highly damaging and every South African is right to be angry. But we need to channel this anger properly. Moneyweb BusinessNews

The anger towards Bain following Zondo report is justified: MavusoWhat Bain did at Sars was highly damaging and every South African is right to be angry. But we need to channel this anger properly. Moneyweb BusinessNews

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