South Africa's reliance on consultants threatens to open up a can of worms over how global and local consultancy firms rake in billions of rand in fees. In the 2015-16 financial year South Africa spent an estimated R25-billion procuring the services of consultants. In the 2014-15 financial year the spend was R31-billion. An auditor-general's report said South Africa had cumulatively spent R102-billion on consultants between 2008 and 2011. The consultancy space is so lucrative, in fact, that it is bitterly fought over, all the way to the courts. A case is playing out between Trillian CEO Eric Wood and his former associates at Regiments Capital, Litha Nyhonyha and Nevin Pillay. Essentially, the Regiments directors accuse Wood of diverting business away from them. Nyhonyha said state-owned enterprises (SOEs) such as Transnet and Eskom were "big-ticket" items and so far the fallout with Wood has led to material losses from losing business from Transnet, among others, worth R40-million a...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.