Author: John Mungabe
South African risk community calls for stronger risk management to support SONA 2025 goals
The Institute of Risk Management South Africa (IRMSA) has called on risk professionals to play a proactive role in ensuring the successful implementat [...]
South Africa insurance sector remains stable, says Moody’s
The South African insurance sector remains stable as the country's economic conditions slowly improve, according to Moody’s Ratings.
Will Keen-Toml [...]
South Africa’s risk managers urged to prepare for geopolitical and economic uncertainty
The Institute of Risk Management South Africa (IRMSA) is urging local risk managers to prepare for an increasingly uncertain global and domestic lands [...]
Fuel supply disruptions at Johannesburg airport highlight critical risks to South Africa’s aviation sector
The recent refuelling crisis at Johannesburg’s main airport, O.R. Tambo International Airport, which caused widespread delays and disruption for trave [...]
IAIS adopts global insurance standard
The International Association of Insurance Supervisors (IAIS) has adopted a global insurance capital standard (ICS). Additionally, members endorsed su [...]
Storm highlights need to have regular insurance valuations, warns South African risk manager
A severe storm that struck parts of Randfontein and Westonaria in Gauteng recently left a trail of destruction, injuring 24 people and causing extensi [...]
IRMSA welcomes City Power-Eskom agreement but urges continued vigilance in risk management
The Institute of Risk Management South Africa (IRMSA) has welcomed an agreement between City Power and Eskom, which has averted imminent power cuts t [...]
Trump’s election offers strategic risks and preparedness opportunities for Africa’s risk community
The election of Donald Trump as President of the US brings both strategic risks and unique opportunities for African nations. This shift highlights th [...]
New disaster resilience vehicle from Lloyd’s launched with plans to expand to Africa
Lloyd’s of London has announced a pioneering disaster resilience vehicle with the United Nations Capital Development Fund (UNCDF) to deliver disaster [...]
Risk agency warns Gauteng’s water crisis will intensify without strategic action
Gauteng province, in South Africa, is facing a critical summer as Rand Water warns that the province’s water storage may soon be depleted. Considering [...]