Zimbabwe holds its breath as elections take place without Mugabe

Zimbabwe holds its breath as elections take place without Mugabe

Zimbabwe holds its breath as elections take place without Mugabe

Zimbabwe businesses are collectively holding their breath as the first presidential elections without Robert Mugabe take place since independence. Businesses are hoping the transition will be free and fair and that foreign investors will take sufficient confidence from the process to enter the market once again. Speaking at the African Insurance Exchange in Sun City yesterday, Grace Muradzikwa, CEO at…

Don’t miss out – sign up for Risk Frontiers Southern Africa

Don’t miss out – sign up for Risk Frontiers Southern Africa

Don’t miss out – sign up for Risk Frontiers Southern Africa

We would like to invite you to attend Commercial Risk Africa’s fourth Risk Frontiers Southern Africa – Roadmap to Success conference, taking place at the Avani Gaborone Hotel and Casino, in Gaborone, Botswana, on Thursday 26 July from 8am to 2pm. Developing skills and nurturing talent remains one of the great challenges for business across Africa, including within the risk…

A wave of change sweeps southern Africa

A wave of change sweeps southern Africa

A wave of change sweeps southern Africa

Major changes swept through southern Africa in the second half of 2017 and early 2018. Not all of it was unexpected, according to Control Risks. In its second Africa Risk Reward Index, Control Risks says it had predicted the power transitions in Zimbabwe and South Africa. Still, it adds: “Change extended more widely and unexpectedly to other countries in the…

Corruption holding business back across Africa

Corruption holding business back across Africa

Corruption holding business back across Africa

Corruption across Africa has weakened economies and harmed public institutions, warned speakers at a three-day event on corruption in southern Africa. ‘Corruption and the Challenge of Economic Transformation in Southern Africa’ was held in Botswana, which Said Adejumobi, Economic Commission for Africa’s regional director for southern Africa, described as a shining light and beacon of hope in the fight against…

Angola expected to attract more private investment as economy recovers

Angola expected to attract more private investment as economy recovers

Angola expected to attract more private investment as economy recovers

Risks in Angola are on the decrease, according to the International Monetary Fund (IMF), which predicts that the economy is recovering and restrictions on private investment will be lifted. It said lower oil prices since mid-2014 placed the Angolan economy under stress. The authorities initially reacted to the oil price shock with significant fiscal tightening and exchange rate adjustments coupled…

Risk management event scheduled for Namibia

Risk management event scheduled for Namibia

Risk management event scheduled for Namibia

The Namibia chapters of the Institute of Internal Auditors South Africa (IIA SA), the Institute of Risk Management South Africa (IRMSA) and the Information Systems Audit and Control Association (ISACA) will be collaborating in a joint conference on 18 June 2018, in Windhoek. With the conference theme, ‘Is it the end of the world as we know it?’, speakers include Monia…

Power boost for Mozambique industry

Power boost for Mozambique industry

Power boost for Mozambique industry

A new deal to provide gas-driven power to northern Mozambique should end the risk of power failure and boost industrial plans across the county. The power plant in northern Mozambique is a key regional infrastructure project. It will accelerate the development and industrialisation of several other industrial projects, which have been shelved due to the lack of a steady power…

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…

Risks will reduce for Zimbabwe after July election

Risks will reduce for Zimbabwe after July election

Risks will reduce for Zimbabwe after July election

Elections slated for 18 July in Zimbabwe could kick start a massive surge in international business. Grace Muradzikwa, CEO of Zimbabwean insurer Nicoz Diamond, said the country is already enjoying a surge in interest. However, she added: “The international community wants to see an election to legitimise the change in president.” Ms Muradzikwa said one of the strongest signals of…

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