Blacklist Bain, says Lord Hain

Loading player...
Former UK cabinet minister Lord Peter Hain wants the British government to suspend and ban global management consultancy firm Bain and Company from doing any further work in the UK. This after two commissions of inquiry in South Africa made scathing findings against the company. The Nugent Commission's report stated: “The SARS evidence is a clear example of how the private sector [Bain] colluded with the Executive, including President Zuma, to capture an institution that was highly regarded internationally and render it ineffective.” Hain, together with whistleblower Athol Williams, who fled South Africa in November 2021 after unearthing Bain's role in the calculated evisceration of SARS, held a "positive" meeting with cabinet minister Jacob Rees-Mogg. In a joint interview with BizNews, Hain and Williams explain their continued pressure on governments around the world to cut ties with Bain until it "comes clean". Learn more about your ad choices. Visit megaphone.fm/adchoices
21 Jul 2022 9AM English South Africa Investing · Business News

Other recent episodes

From Pretoria to the world: How hearX’s De Wet Swanepoel took hearing care global

With one in five people in the world suffering from hearing loss, hearing care remains one of the least accessible areas of healthcare globally. A South African innovation led by University of Pretoria professor De Wet Swanepoel has helped to change that reality, using smartphones to take hearing screening, diagnostics…
20 Mar 9AM 19 min

BNC#8 Piet Viljoen - Survive first, profit later: Why history beats prediction in investing

Piet dismantles the myth of market prediction, arguing that success comes from judgment, discipline, and respect for history. Drawing on timeless lessons, he reveals why human behaviour drives cycles, why diversification and liquidity matter, and why survival beats brilliance. In a world obsessed with forecasts, this approach focuses on resilience,…
20 Mar 5AM 27 min