Southern Africa
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IRMSA Risk Report 2021 set to help prepare for the post-Covid world
Focusing on the lessons learned from Covid-19, the Institute of Risk Management South Africa (IRMSA) has claimed that its annual…
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Brokerslink adds Eswatini broker to network
Intermediary network Brokerslink has announced the addition of Eswatini-based Ensure Insurance Brokers (Ensure) to its international network, bringing its presence…
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Risk managers must encourage agility within business
Businesses in South Africa have no choice but to transform digitally if they are to become agile enough to survive…
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Rising unemployment posing major threat in South Africa
Unemployment could reach more than 50% of the South African population this year, causing a major threat to stability. That…
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South Africa ranks among worst for cargo crime
South Africa ranks among the worst countries in the world, and bottom of the pile on the African continent, for…
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Global digitalisation trend embeds cyber risks in every aspect
Chief technology officers (CTOs) and risk management teams have been warned they must rise to the challenge of securing data…
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South African regulator studying UK court ruling on business interruption
South Africa’s Financial Sector Conduct Authority (FSCA) is studying the UK court ruling on business interruption (BI) policy wordings, in…
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Covid-19: South African risks and opportunities
“Never let a good crisis go to waste,” said Rahm Emanuel during the 2008 global financial crisis. “This catchphrase has…
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Risk intelligence key to a sustainable future
Only by building risk-intelligent organisations will leaders be able to overcome six distinct global threats identified by the Institute of…
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Social media remains key reputational risk
A recent tweet by a director of Cricket South Africa relating to a cancelled sponsorship highlights an issue for South…
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Zimbabwe organisations must raise their game on risk management
Companies in Zimbabwe must invest more in enterprise risk management (ERM), according to a new survey from the Institute of…
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Coverage trade-offs needed to create pandemic pool solution, says LIIBA
London and International Insurance Brokers Association (LIIBA) CEO Christopher Croft said any government backed pandemic insurance solution will need a…
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First South African insurer settles BI claims
South Africa's fourth-largest non-life insurer Guardrisk is the first South African insurer reported to have settled business interruption (BI) claims…
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New commissioner for South Africa
South Africa’s Financial Services Conduct Authority (FSCA) has confirmed that Dube Tshidi has been appointed by Tito Mboweni, the minister…
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Santam to give some BI policyholders ‘urgent relief’
Risk managers in the South African hospitality, leisure and non-essential retail sector could soon receive “urgent relief” from Santam, South…
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South African companies entitled to enforce the no-work-no-pay principle during lockdown
A court case in South Africa has ruled that companies do not need to pay employees for times when they…
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GIB Group announces new CEO
GIB Insurance Broking Group has appointed Jurie Erwee as group chief executive officer. He succeeds Dudley Sanders, who joined the…
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Resilience: the secret ingredient of organisational growth
Risk managers should be having an ever-greater role in the business, according to one leading South African risk manager, as…
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Risk managers should show their value as lockdowns ease
Risk managers have been struggling to find their rightful place in many organisations but Covid-19 could prove a game-changer, according…
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Hospitality companies take on insurance giant Santam over Covid-19 claims
A company that owns hotels and guesthouses in Cape Town and Stellenbosch, and another that owns several restaurants, are set…