Southern Africa
-
Risk of resource nationalism rises significantly in 30 countries, finds Verisk Maplecroft index
Investors face “significantly” higher risk of resource nationalism in 30 countries compared to last year, according to Verisk Maplecroft’s latest…
-
South Africans facing rolling power cuts as cyclone hits electricity supply
South Africans have been facing days of controlled blackouts, with the system struggling to cope with demand as Cyclone Idai…
-
New business interruption cover offered at no cost to South African firms
South African insurer MiWay has added business interruption cover to its commercial insurance bundles, at no extra cost. Christiaan Steyn,…
-
Business disrupted across southern Africa by Cyclone Idai
Business across Mozambique, Malawi and Zimbabwe has been severely disrupted by Cyclone Idai, which has left more than 1,000 dead…
-
Risk managers urged to check insurance cover to protect key staff
After a terrible week, in which many people across Africa lost their lives travelling to work, risk managers have been…
-
Obituary: Dawid Welman
Dawid Welman, founder of the Namibian chapter of the Institute of Risk Management South Africa (IRMSA) and head of group…
-
Risks of ill health at work highlighted as Lesotho tops female suicide list
Lesotho has topped the suicide list for women globally, as the World Health Organisation (WHO) revealed someone commits suicide every…
-
Risk of ratings agency downgrade for South Africa recedes
South Africa’s economy is slowly recovering, however the employment picture continues to cause concern, according to the latest economic figures.…
-
Unemployment tops risk list for South Africa
Structurally high unemployment tops the risk list, according to the Risk Report 2019 from the Institute of Risk Management South…
-
Ratings agency worry after South African budget
Observers are concerned the South African budget this week may not satisfy the ratings agencies, which have been waiting for…
-
Bringing innovation and entrepreneurship to the insurance market
In South Africa, new insurance industry regulations requiring onerous capital adequacy limits for cell captives have been introduced, as well…
-
Saham hits the road to offer its pan-African solution for global risk managers
Saham Insurance, the commercial and corporate insurance arm of the South African-based insurance and financial services group Sanlam, is stepping…
-
150% hike in fuel costs sparks protests across Zimbabwe
Risk managers with interests in Zimbabwe are worried after a 150% hike in the price of fuel sparked protests across…
-
Extreme weather tops the Africa risk list
Cybersecurity, geopolitics and financial market fluctuations are among the chief concerns for business voiced by some leading risk experts as…
-
Angolan oil sector ripe for transformation
Angola has been benefiting from oil price rises in the past year but now it appears major reforms of its…
-
South African rand turmoil expected to continue throughout 2019
Few currencies matched the rand’s turbulence in 2017, with factors such as Trumpenomics, the firing of finance minister Pravin Gordhan…
-
Cape Verde ratings affirmed
Fitch Ratings has affirmed Cape Verde's long-term foreign-currency issuer default rating (IDR) at B with a stable outlook. The agency…
-
Risk managers should study the Cape Town drought: SCOR
Risk managers are being urged to study the recent Cape Town drought, to learn about the water-related risks facing large…
-
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…
-
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…