Lord Peter Hain opens UK battlefront against multinational Bain as retribution for State Capture intensifies

Loading player...
South African-born Peter Hain, a former UK cabinet minister and now member of the House of Lords, is upping the pressure on global consultancy Bain & Co. A mountain of evidence presented to South Africa's Zondo Commission into State Capture paints Bain as a major facilitator of looting. Lord Hain is petitioning leaders of the UK and USA to act decisively against the US consultancy, including terminating contracts with the Boston-headquartered firm. In this podcast he talks to BizNews editor Alec Hogg. Learn more about your ad choices. Visit megaphone.fm/adchoices
8 Feb 2022 6AM English South Africa Investing · Business News

Other recent episodes

SA's Competition Commission has become a handbrake on the economy: Rob Rose

Bryan Brownrigg was never a currency trader. He sold foreign exchange to Standard Bank's institutional clients for 23 years. But when the Competition Commission decided that 28 banks had run a single conspiracy to rig the rand, his name went into the complaint anyway, and it took a decade and…
11 Sep 7AM 20 min

He built a $1.5bn bank. Now Revolut, Discovery Bank and PEP are circling

In this interview with Irakli Rekhviashvili, Tyme Group co-founder Coenraad Jonker gives his take on what actually protects a digital bank once the competition catches up, and why he thinks the old rules of banking no longer apply. On competitive advantage, he says: "I'm saying to my guys increasingly, I…
11 Sep 7AM 50 min