Risk Management
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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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Climate risk disclosure – a globally coordinated approach by regulators?
With the world’s leading climate change scientists warning that the world has only 12 years to limit a climate change…
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Egypt approves new data protection law
It has recently been reported that Egypt has become the latest jurisdiction in the Middle East and north Africa region…
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Risk managers under regulatory pressure to step up climate change strategy
UK regulator the Prudential Regulation Authority (PRA) has proposed new measures to ensure that insurers and banks better manage “far-reaching…
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African Development Bank joins risk management efforts to curb impact of worm infestation on east African agriculture
The African Development Bank (AfDB) has joined the efforts to manage the risk of devastation among smallholder farms in east…
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Facebook reveals hackers accessed 30 million accounts
Facebook has revealed that personal data from about 30 million user accounts was accessed by hackers in last month’s cyberattack,…
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South Africa continues to lead financial markets index
Botswana, Kenya and Nigeria have moved up the Absa Africa Financial Markets Index this year, although South Africa remains in…
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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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Kenya set for economic growth
Kenya’s real gross domestic product (GDP) growth is projected to rise to 5.7% in 2018 – up from 4.9% in…
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$907m lost by Kenyan government through mis-invoicing
Analysis of trade mis-invoicing in Kenya in 2013 shows that the potential loss of revenue to the government was $907m…
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IMF sees growth in SSA
The International Monetary Fund (IMF) has welcomed the continued recovery in activity in Sub Saharan Africa’s (SSA) resource-intensive countries and…
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Data breach: the requirement of damage and suitability of representative actions
After a number of very high-profile data breaches, including at British Airways and Facebook, there has been a great deal…
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UK consults on compulsory ethnic pay gap reporting
UK businesses could have to publish ethnic pay gap data following the mandatory requirement on larger companies to publish gender…
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Time running out to begin Brexit supply chain risk management
Businesses cannot afford to wait any longer to carry out vital supply chain risk management work in preparation for Brexit,…
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IMF warns of global economic and Brexit risks
The International Monetary Fund (IMF) has warned of a sudden tightening of financial conditions and “dangerous undercurrents” that threaten the…
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Africa’s development must be sustainable to address climate change risks
African governments and private businesses must look for sustainable developments across Africa to address climate change challenges. The seventh Conference…
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Risk managers can ‘save the world’ from climate change but only if they boost collaboration
Risk managers are best placed to save the world from climate change but are currently in danger of falling short,…
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AGCS restructures alternative risk transfer business
Allianz Global Corporate & Specialty (AGCS) is to separate its insurance-linked markets team from the rest of its alternative risk…
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Cyber flies up ranking to top risk facing Ferma members
Cyber has flown up the ranking and is now the number one risk facing European risk and insurance managers, according…