TRACEY DAVIES: Beware big business in government

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There are many places in which private sector capability outstrips that of the government. But that doesn’t mean it’s acceptable for corporates to second employees to the state without complete transparency

An article in the May 22 edition of The Economist titled “Business Leaders Fear that South Africa Risks Becoming a Failed State” noted that “for several years firms have sent staff to help run government departments, paying their wages”.

Apparently “corporate lawyers work at the prosecuting authority; bankers toil in the department of industry, several secondees are involved in Operation Vulindlela” and there is “insourcing of help to Mr Ramaphosa’s office”...If you have already registered or subscribed, please sign in to continue.

 

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TRACEY DAVIES: Beware big business in governmentThere are many places in which private sector capability outstrips that of the government. But that doesn’t mean it’s acceptable for corporates to second employees to the state without complete transparency
Source: FinancialMail - 🏆 20. / 63 Read more »