Category: Governance
Focusing on ESG principles should steer companies through pandemic
The coronavirus is an unexpected and unplanned global catastrophe and corporate South Africa has no choice but to step in and assist its employees, ho [...]
Continental Reinsurance reports Q1 growth and affirms support towards Covid-19 pandemic
Despite unprecedented challenges across Africa resulting from the Covid-19 pandemic, Continental Reinsurance has posted a 29% increase in gross premiu [...]
Moody’s downgrades Kenya in reaction to Covid-19 threat
Moody's Investors Service has downgraded the outlook on the Kenya government ratings to negative from stable, in reaction to the economic challenges l [...]
Keeping data safe and building resilience
Security, risk, data loss, and legislation. These are the primary concerns listed by organisations and government institutions when asked why they are [...]
Covid-19 swings the spotlight back onto emerging countries’ debt
While the focus so far has mainly been on China, Europe, and the US, the consequences of the COVID-19 pandemic are likely to be even more severe for e [...]
S&P affirms ATI rating despite Covid-19
S&P Global Rating has reaffirmed African Trade Insurance Agency’s (ATI) creditor rating of ‘A’ with a Stable Outlook (A/Stable) and noting ATI’s ‘poli [...]
Ivory Coast issues Covid-19 bond
On April 27, the Ivorian government issued the first Covid-19 social bonds on the WAEMU securities market, seeking a total of CFA180 billion (about $2 [...]
Covid-19 unlikely to stop push for higher premium rates
A survey conducted before the Covid-19 pandemic has confirmed that premium rates are on the move upwards for many classes and in many markets across A [...]
Are insurers prepared for major social change post-Covid-19?
A few years ago at the African Insurance Organisation general assembly, one South African insurance CEO opined that insurers needed to prepare for a w [...]
IMF warns of ‘unprecedented’ health and economic impact of Covid-19 on SSA
Sub-Saharan Africa is facing an unprecedented health and economic crisis due to Covid-19, the International Monetary Fund (IMF) warns. It fears the to [...]