December 18, 2017 IBOMLLC Team

Top five business risks for Southern Africa

Top five business risks for Southern Africa

Innov8tiv
Innov8tiv – Blacks In Technology in USA, UK, Caribbean Islands & Africa

Political Uncertainty and Large-Scale Cyber Attacks are Key Themes for the Region in 2018

Political uncertainty through transitions and instability are among the key risks for businesses in Southern Africa in 2018, says specialist global risk consultancy Control Risks in its annual political and security risk forecast RiskMap.

Control Risks’ Senior Partner for Southern Africa George Nicholls comments:

“2018 will see continued uncertainty around political leadership in our Southern African markets. The transitions in Zimbabwe and Angola in 2017, elections in Mozambique in 2018, and factionalism within South Africa’s ruling African National Congress (ANC) once again remind businesses in the region of the importance of gaining a clear understanding of the impact of such uncertainty on their risk environment.”

Control Risks has identified the following as the key risks facing businesses in Southern Africa in 2018:

Political instability in South Africa

2018 will see a continuation of divisions within the ANC following the December 2017 election of a new party president. Competing factions – and the possibility of a split in the party – will drive policy uncertainty and political instability, with President Jacob Zuma likely to step down before …read more

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