Population: 19,625-million 2) GDP: US$99,325-billion Country rating: C Business climate rating: D Strengths · Large and growing oil production due to offshore development · Diversified economic potential (diamonds, iron, copper, gold, hydroelectricity, agriculture and fishing) · Strong regional influence · International backing Weaknesses · Vulnerability to oil price downturns · Instability of the Cabinda enclave, …. »
Risk Management Articles
Angola – 7,1% GDP Growth in 2011
Failure to manage absenteeism costs business
Young people and females in particular have the highest work absenteeism rate in South Africa. Assisting over 60 South African organisations manage absenteeism in the workplace has helped us identify some interesting trends in absenteeism in South Africa. Young couples with small children, especially young mothers, are the most likely to be absent from work …. »
Getting F4F (Fit for Fraud): Doctor Optional!
If you have ever been to a doctor or dentist or hospital, you may have experienced a sense of nervousness, discomfort, uncertainty … some call it F.E.A.R. – False Evidence Appearing Real! However you state it – other medical terms call it ‘White Coat Syndrome’ – when you see a white coat, you can go …. »
Consumer Protection Act will change transporters’ insurance landscape
The Consumer Protection Act has a major impact on the way transporters communicate their services to customers and the way their standard trading terms and conditions are drawn to the attention of the customer to ensure they are clearly understood from an insurance perspective. The Act will mean that, in the case of transporters, their …. »
Linking Risk Management and compensation in financial services
With financial regulators devoting a great deal of focus on pay and bonus practices globally – and new rules in this area being proposed in the U.S. – a new survey from Deloitte finds that 37 percent of financial institutions reported that they had completely or substantially incorporated risk management considerations into their overall performance …. »
Directors and officers run for cover from Companies Act
The introduction of the revised Companies Act has sparked off a sharp increase in the appetite among listed and private companies for Directors’ & Officers’ Liability Insurance covers. ‘D&O’ has always been a consideration on the corporate scene, but the introduction of the revised Companies Act and the advent of the King III code of …. »
Business continuity management
Business continuity management: a vital component and solution for organisations operating in the cloud. Disaster recovery preparedness may be an emerging priority, but organisations are rapidly realising the important role of business continuity in the light of natural disasters such as Japanese tsunami and increasing cyber-attacks, data breaches and data centre failures. Organisations operating within …. »
Business needs risk brokers
Closing the loop between risk management and commercial insurance Following the global economic recession of 2008/2009 and the natural disasters and political unrest that have plagued Asian and African markets and Australia over the last year, there has seldom been a higher sense of risk awareness – in all markets across the globe. That being …. »
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