Besieged Bain SA apologises again amid new furore over state capture

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Besieged Bain SA apologises again amid new furore over state capture
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Treasury acting DG says SA could emulate UK and ban Bain from state contracts

Under-siege consulting firm Bain & Co has taken out a full-page advertisement in Business Day to put out fires arising from its complicity in state capture allegations.

Bain SA managing partner Stephen York apologised on behalf of the consultancy for “serious mistakes in the procurement and execution of our work at Sars [SA Revenue Service]”...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

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