Category: Risk Management
Natural disasters cost a record US$380 billion, warns Aon
The 398 global natural disasters in 2023 cost a record US$380 billion, 22 per cent above the 21st century average.
According to broker AON in its 2 [...]
Truth under fire as misinformation climbs 2024 global risks ranking
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Insurers, reinsurers and risk management professionals who depend on the World Economic Forum (WEF) Gl [...]
Immediacy of natural catastrophe demotes climate change on 2024 risk ranking
Cyber incidents, business interruption (BI) and macroeconomic developments are the top three risks facing businesses in Africa and the Middle East ent [...]
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 [...]
Business must incorporate a gender-responsive approach, suggests UNEP FI
With more than half of the world’s total GDP (circa US$58 trillion of economic value) being moderately or highly dependent on nature, the degradation [...]
WEF marks out several African countries for resilience and sustainability impacts on economies
Several African economies feature highly in a new World Economic Forum (WEF) report offering a re-evaluation of global economic growth, introducing a [...]
East Africa set to be Africa’s powerhouse, suggests Stears
Stears, an economic analysis and data-driven insights provider, has unveiled its 2024 African Outlook Report, in which it found that in 2024, Africa's [...]
African CEOs lagging behind on AI adoption, as staff crime increases
Generative AI (GenAI) exploded into the public consciousness in 2023, promising to transform the way business functions. Despite the potential, howeve [...]
New smart siren technology to bridge emergency healthcare access gaps
With ambulances stuck in traffic a common sight in Uganda, overall, it takes more than 90 minutes from ‘Trauma to Treatment’. Several reports indicate [...]