We need risk management now like never before

We need risk management now like never before

We need risk management now like never before

The news that some African risk managers face death threats just for doing their jobs has come as something of a shock. While those risk managers across South Africa that I have spoken to seemed not to worry and to almost consider it part of the job, I am sure their counterparts elsewhere in the world will be thanking their…

Recent developments in the renewable energy sector in Sub-Saharan Africa : where to?

Recent developments in the renewable energy sector in Sub-Saharan Africa : where to?

Recent developments in the renewable energy sector in Sub-Saharan Africa : where to?

It is well documented that the vast majority of people in Sub-Saharan Africa are without reliable access to electricity, and that it is the least electrified region of the world.  Just as this lack of access to electricity is a determinant of poverty in the region, so too it may be argued that it is the high cost of electrification…

Glyphosate: Science on trial

Glyphosate: Science on trial

Glyphosate: Science on trial

The world’s most popular weed killer, Glyphosate, is being placed under the microscope by scientists, regulators and plaintiff lawyers. Despite four decades of widespread commercial and domestic use on the assumption it was safe, there has been recent increased worldwide concern about myriad potential health effects from exposure to the substance. A test case in California has hit the headlines…

Time to walk the walk

Time to walk the walk

Time to walk the walk

In Zimbabwe, everyone is eagerly anticipating the elections, hopeful it will bring legitimacy to the government and pave the way for a flood of foreign investment. Elsewhere in Africa, much is being said about the need to boost intra-Africa trade and the need for Africans to do business for themselves. However, too often there is plenty of talk and little…

1 July confirmed as start date of the Insurance Act in South Africa

1 July confirmed as start date of the Insurance Act in South Africa

1 July confirmed as start date of the Insurance Act in South Africa

On 21 June 2018, Kuben Naidoo, the chief executive officer of South Africa’s Prudential Authority, published a communication which confirms that the Insurance Act, 2017 will take effect on 1 July 2018, as anticipated. The communication provides that the Minister of Finance has signed the notice of commencement of the Insurance Act, 2017 and that the gazetting thereof is imminent.…

African initiatives in parametric insurance for agriculture

African initiatives in parametric insurance for agriculture

African initiatives in parametric insurance for agriculture

Parametric or index-based insurance can play a significant role in closing the insurance protection gap – the gap between insured and uninsured losses – and fostering global resilience to the impacts of climate change. Parametric insurance Conventional insurance indemnifies the policyholder for the loss it incurs from an insured event. Parametric insurance pays a fixed amount upon the occurrence of…

Analysis of Zimbabwean investment opportunities

Analysis of Zimbabwean investment opportunities

Analysis of Zimbabwean investment opportunities

  In the 1980s, Zimbabwe could only be described as having a pandemic feeling of economic and political opportunity. The country, already known as the ‘breadbasket of Africa’, had just gained its independence and anticipated a future of political stability with ANC veteran and war hero, Robert Mugabe, at its helm. To an opportunist investor, Zimbabwe demonstrated huge potential. To…

Iran sanctions: it’s still uncertain what will happen, but here’s what could happen

Iran sanctions: it’s still uncertain what will happen, but here’s what could happen

Iran sanctions: it’s still uncertain what will happen, but here’s what could happen

On 12 January this year, US President Trump announced his intention to not renew US sanctions waivers that underpin US participation in the Joint Comprehensive Plan of Action (JCPOA) for Iran if that agreement’s “terrible flaws” are not fixed. President Trump has also said that if he believes fixing the JCPOA is not within reach, he would withdraw from it.…

Congo aims for membership of OPEC to control its oil price risk

Congo aims for membership of OPEC to control its oil price risk

Congo aims for membership of OPEC to control its oil price risk

Republic of the Congo President Denis Nguesso has pledged that the country – which has suffered badly during the oil price collapse – will no longer sit on the sidelines and has applied for membership of the Organization of Petroleum Exporting Countries (OPEC). NJ Ayuk, CEO of Centurion Law Firm, said that in January, officials from Congo announced the country’s…

Managing the risks associated with workplace sexual harassment and misconduct around the world

Managing the risks associated with workplace sexual harassment and misconduct around the world

Managing the risks associated with workplace sexual harassment and misconduct around the world

Sexual abuse, harassment and misconduct continue to place higher up the political and social agenda globally, following a raft of allegations in ever-widening high-profile sectors. Increasing public awareness has burst the dam of secrecy, resulting in a tsunami of calls for greater transparency across many organisations and industries. As a consequence, corporate cultures must change to ensure appropriate safeguards are…

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