Author: John Mungabe
South Africa facing same risks for past eight years, warns IRMSA
The risks facing businesses across South Africa are changing relatively little, according to the latest Risk Report from the Institute of Risk Managem [...]
The urgency of proactive infrastructure management: lessons from Johannesburg’s bulk water failure
The disruption of water supplies in numerous Johannesburg suburbs, following significant repair to the Rand Water bulk pipeline, offers a stark illust [...]
New call for fire safety campaign as electrical fires claim more lives
Smoke, fire and flames claim numerous lives every year and it has been reported that almost one-tenth of all fires stem from electrical sources – some [...]
ARC Ltd enjoys rating upgrade by Fitch
US rating agency Fitch has upgraded the outlook for African Risk Capacity Ltd (ARC) to stable. Fitch has also given the company an IFS Rating of ‘A-’ [...]
ATI provides insurance to pave way for Angolan infrastructure development
African Trade Insurance Agency (ATI) has provided Deutsche Bank with a comprehensive nonpayment insurance cover, insuring the bank against non-payment [...]
South Africa’s Stage 8 loadshedding imperils the ‘socio-economy’
The Institute of Risk Management South Africa (IRMSA) believes there are significant risks posed by the potential implementation of Stage 8 mid-winter [...]
Sasria decisions on grid failure and riots questioned
Sasria SOC Ltd’s recent retraction of a notice, which initially stated that it would not cover claims resulting from civil unrest following grid failu [...]
South Africa’s New National partners with JBA Risk Management for global flood data
Insurer New National Assurance has signed an annual deal with JBA Risk Management for the use of its flood data for South Africa.
The 50-year-old s [...]
Warning on cyber risks as 26% of CEOs fear they will face an attack within the year, says PwC
Twenty-six percent of CEOs in Africa believe their companies will be exposed to cyber risk in the next 12 months, with 33% predicting an issue in the [...]
Retirement funds facing significant regulatory change, warns PwC
The retirement funds industry in South Africa has experienced significant regulatory changes over the past couple of years and it has become ever more [...]