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Vol 47 No 8

Published 14th April 2006

Shutting up shop

The decision by US-based risk consultants Kroll to shut down their Africa practice on 3 April appears to have been taken, oddly enough, because the US$1.9 billion company judged Africa to be just too risky. More precisely, it was probably insurers Marsh & McLennan Companies (MMC), which has owned Kroll since July 2004 and generates revenues of about $12 bn. a year, which made the final call as its new managers restructured the company.

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