Author: John Mungabe
Good and bad news for Africa from the IMF
Incomes in Sub-Saharan Africa are falling further behind the rest of the world amid a "tepid" economic recovery, the International Monetary Fund (IMF) [...]
Water crises should be added to Johannesburg risk registers, warns risk manager
Those working in the Johannesburg area have been warned to add a deepening water crisis to their risk registers.
Risk consultancy Riskonet Africa’s [...]
Businesses face increasing risks from South Africa’s weak economic growth, warns risk professional
Considering new economic growth figures for South Africa’s Q4 2023, which stand at a dismal 0.1%, Volker Von Widdern, risk principal of Riskonet Afric [...]
Demand for reinsurance set to stay strong in 2024, reports Moody’s
Demand for reinsurance will remain robust in 2024 despite subdued economic growth, according to a new report from Moody’s.
It said this demand will [...]
South African government urgently needs to re-evaluate energy sector strategy, says leading risk consultancy
A promise by South Africa’s government to add between 4,000 and 6,000 megawatts to the grid over the next 24 months have highlighted an urgent need to [...]
SA government needs to go beyond snapshots
South Africa’s 2024 State of the Nation address was nothing more than a series of bland and recycled “snapshots” rather than an opportunity to outline [...]
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 [...]