Southern Africa
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Tax relief promised for Zimbabwe insurers
Zimbabwe’s insurance industry has welcomed a decision to end a 2% transaction tax on insurance deals. The Zimbabwe finance minister…
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Be prepared for climate change impact
The impact of climate change on Africa is set to be among the most severe, but people are quickly forgetting…
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South African risk manager makes top membership grade
South African Zanele Makhubo, CFIRM, director, enterprise risk management, Gauteng Department of Human Settlement, has been awarded the highest grade…
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Travel threat grows in northern Mozambique
Business travellers heading to northern Mozambique are being warned to take extra care, as the threat from militants grows. Seamus…
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Banking the change – how insurers in banking will change insurance too
Discovery launching a bank has profound implications, not just for banking but for the insurance industry and for the way…
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Insurance is not a cure-all for poor risk selection
Global mining conglomerates and their insurance and reinsurance partners will have to improve their risk management outcomes to ensure the…
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South Africa one step closer to expropriating land without compensation
The South African Parliament’s Joint Constitutional Review Committee has recently adopted a report that recommends that the wording of Section…
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Managing tourism risk key to South Africa’s economic success
The urgent amendment of South Africa’s stifling visa regime could be the quick fix needed to drag the country out…
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Top class – risk winners 2018
Phumlani Dyini has won the Institute of Risk Management South Africa’s (IRMSA) coveted Risk Manager of the Year award 2018.…
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Insurer launches new-style bank
Financial services company Discovery is to launch what it calls the world’s first “behavioural bank”. The fully digital bank leverages…
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Lion of Africa to be wound down
The Johannesburg-based short-term insurer, Lion of Africa Insurance Company, a wholly owned subsidiary of Brimstone, has decided to voluntarily and…
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Risk managers must first look inwards
The future risk manager needs to engage in introspection about his or her role and ethical behaviour. According to Zanele…
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Is risk management growing up across Africa?
Independent financial services journalist Katya Stead says, ‘I have been to every IRMSA conference since they started – so why…
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Survival of the fittest
The chances of a business surviving long into the future are that much smaller in today’s fast -moving world. In…
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Emerging market risks rise
Recent months have seen increased volatility in emerging markets as foreign investors pull back from heavily indebted countries like Turkey,…
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Emerging market currencies still posing huge risk to business
South Africa is among emerging market currencies that have already seen depreciation this year and which will continue to be…
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Angola lies 137th in Global Competitiveness Index despite investing billions of dollars
Angola has been placed 137th in the World Economic Forum’s Global Competitiveness Index, despite the government investing between $99.5bn and…
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Time for data compliance
Data compliance is top of mind for practically every South African business, thanks to a combination of the European Union’s…
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Risk managers called on to help end state capture
South African risk managers have been called on to help end state capture (or corruption) in South Africa and rebuild…
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South Africa holds second successful Dive In festival
The insurance industry in South Africa has celebrated its second Dive In festival, following a successful launch of the initiative…