Author: John Mungabe
South African coal export plunge reveals risk realities
Coal exports to Europe plunging to their lowest point since 1992 signal significant and growing risk to the South African entire logistics and supply [...]
South African insurer agrees flood mapping deal
South African non-life insurer Old Mutual Insure has agreed a partnership with UK-based flood science specialist JBA Risk Management for use of its de [...]
Zambia latest to join global tax group in bid to reduce tax evasion
Zambia has joined the international fight against tax evasion as 171st member – and 39th African member – of the Global Forum on Transparency and Exch [...]
Risk management’s current focus on fire neglects severe climate change exposures, warns leading risk manager
Flooding in South Africa’s KwaZuluNatal region has once again led to tragic loss of life and substantial damage to infrastructure.
This, says Volke [...]
South African insurer welcomes COP28 outcomes
South African insurance group Sanlam Investments has welcomed the “UAE Consensus” announcement at COP28 that collectively recognises, for the first ti [...]
AM Best says reinsurance market stable as tougher stance likely to continue
Rating agency AM Best has maintained its market segment outlook for the global reinsurance segment at stable, citing substantial rate improvement, pri [...]
SMEs threatened by cyber risks, warns Allianz
SMEs, of which millions are spread across Africa, are more vulnerable to economic shocks and the impacts of business interruption than larger companie [...]
Policy inaction and investment risks undermine South Africa’s growth amid fiscal strain
South Africa’s latest mini budget will inevitably put more pressure on effective risk management policies, according to a local risk manager.
Risko [...]
Warning on ransomware and extortion claims as numbers rise once again, says Allianz
Following two years of high but stable loss activity, 2023 has seen a worrying resurgence in ransomware and extortion claims as the cyber threat lands [...]
youth@WORK honoured at IRMSA awards ceremony
Employment placement organisation youth@WORK has been awarded the industry-specific accolade on social development by the Institute of Risk Management [...]