The Black Business Council is calling for a complete ban and blacklisting of McKinsey & Company from South Africa business landscape.

It says those who continue to do business with the consultancy group are indirectly funding state capture.

This comes after the company reached a settlement agreement with South Africa's National Prosecuting Authority to pay more than 61 million US dollars into South Africa's Criminal Assets Recovery Account.

The company has admitted guilt for being involved in unlawful and corrupt conduct involving over 110 million US dollars' worth of contracts awarded by Eskom and Transnet from 2012 to 2016.

Black Business Council chief executive Kganki Matabane spoke to Thami Ngubeni on their call.

The Black Business Council is calling for a complete ban and blacklisting of McKinsey &amp; Company from South Africa business landscape.
It says those who continue to do business with the consultancy group are indirectly funding state capture.
This comes after the company reached a settlement agreement with South Africa's National Prosecuting Authority to pay more than 61 million US dollars into South Africa's Criminal Assets Recovery Account.
The company has admitted guilt for being involved in unlawful and corrupt conduct involving over 110 million US dollars' worth of contracts awarded by Eskom and Transnet from 2012 to 2016.
Black Business Council chief executive Kganki Matabane spoke to Thami Ngubeni on their call.

In-depth financial issues, profiling of African businesses doing well internationally, stocks & market updates.

In-depth financial issues, profiling of African businesses doing well internationally, stocks &amp; market updates.

Business Africa

Africa in Business

SA's Black Business Council calling for a ban and blacklisting of McKinsey & company 

Victor Kgomoeswana, Author of Africa Is Open for Business, Africa Bounces Back, and Executive Director for Marketing and Communication at the University of Limpopo, unpacks the business news that made headlines this week.

Victor Kgomoeswana, Author of Africa Is Open for Business, Africa Bounces Back, and Executive Director for Marketing and Communication at the University of Limpopo, unpacks the business news that made headlines this week.

Business round‑up with Victor Kgomoeswana, Author and Executive Director for Marketing and Communication at the University of Limpopo

South African farmers are coming under growing pressure as global fertiliser prices climb amid escalating tensions in the Middle East, raising concerns about rising production costs, potential impacts on crop yields and the knock‑on effect on food prices.


Wandile Sihlobo, Presidential Envoy on Agriculture and Land and Chief Economist at the Agricultural Business Chamber of South Africa (Agbiz), says the country does not currently face immediate fertiliser supply constraints. However, he warns that prices are rising due to fears of global supply disruptions as the conflict continues to unsettle international commodity markets.


Thami Ngubeni spoke to Wandile Sihlobo, Presidential Envoy on Agriculture and Land and Chief Economist at Agbiz.

South African farmers are coming under growing pressure as global fertiliser prices climb amid escalating tensions in the Middle East, raising concerns about rising production costs, potential impacts on crop yields and the knock‑on effect on food prices.
 Wandile Sihlobo, Presidential Envoy on Agriculture and Land and Chief Economist at the Agricultural Business Chamber of South Africa (Agbiz), says the country does not currently face immediate fertiliser supply constraints. However, he warns that prices are rising due to fears of global supply disruptions as the conflict continues to unsettle international commodity markets.
 Thami Ngubeni spoke to Wandile Sihlobo, Presidential Envoy on Agriculture and Land and Chief Economist at Agbiz.

Fertiliser prices surge amid escalating tensions in the Middle East

The 11th Annual Forbes Woman Africa Leading Women Summit, held on March 18 2026 in celebration of International Women’s Day, focused on leadership in times of uncertainty and the transformative role of technology, innovation and sustainability in shaping the continent’s future.


The summit also highlighted the increasing influence of women across Africa who are driving progress in business, public service, science, the creative industries and social impact sectors.


Thami Ngubeni spoke to Renuka Methil, Managing Editor of Forbes and Forbes Woman Africa.

The 11th Annual Forbes Woman Africa Leading Women Summit, held on March 18 2026 in celebration of International Women&rsquo;s Day, focused on leadership in times of uncertainty and the transformative role of technology, innovation and sustainability in shaping the continent&rsquo;s future.
 The summit also highlighted the increasing influence of women across Africa who are driving progress in business, public service, science, the creative industries and social impact sectors.
 Thami Ngubeni spoke to Renuka Methil, Managing Editor of Forbes and Forbes Woman Africa.

SA's Black Business Council calling for a ban and blacklisting of McKinsey & company

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