Sunday 22 October 2017

Statement on McKinsey, KPMG etc. to accompany Archbishop's sermon

Archbishop Thabo elaborated on the criticism in his Sunday sermon of foreign business consultants and their role in facilitating corruption in South African business and government in the following statement: 


“Firms operating in South Africa, whether local or foreign, seem to have a diminished capacity to take responsibility for their actions.

“Despite the intense focus on the activities of companies suspected of looting state resources, McKinsey and KPMG took action not as a result of their own internal ethical guidelines but in response to pressure from civil society and the media.

“Would those international consultancies do the same in the countries in which their head offices are based? Or do they have a different set of ethical and moral values when they work in Africa?

“I welcome McKinsey’s  apology, even though it was weak, but note that they made it only after intense lobbying and the threat of litigation.They seem to have acted only out of embarrassment at getting caught.

“They would have earned the respect of many church leaders if they had come forward much earlier and in response to their own moral compasses. As it stands, their apology sounds like the statement of those who are admitting to a minimum of wrongdoing to enable them to run away from taking further responsibility.

“It is time for them to move past their excuses and demonstrate their character. If they are serious about their apologies, they need to think about how they can invest in South Africans in a memorable, impactful and meaningful way.”

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