TRACEY DAVIES: Beware big business in government

  • 📰 FinancialMail
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

Nigeria News News

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, writes TBakerDavies.

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 20. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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 »