Earlier in 2017, our research on SA’s reputation in some of the biggest economies throughout the world revealed that there is a perception of distinct risk attached to doing business here. Global perceptions about SA were ignorant to the realities of state capture. While we are publicly alerted to this risk in the current political climate in SA, it would have been naïve to think that the main actors in the government would have shown any inclination to fix the problem or play any constructive role in managing this risk. Now the risk has materialised, with companies like Bell Pottinger, KPMG, SAP and McKinsey in the headlines around the globe. Given the magnitude of state capture, it is clear that this is just the start and many more of these cases will follow. Executives around the world are getting weary of doing business in and with SA. They are asking whether it is possible to do business here without getting entangled in an impenetrable web created by the unholy mix of black ec...
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