R/€ = 16.07 Change: 0.03
R/$ = 14.39 Change: 0.04
Au 1277.80 $/oz Change: -8.08
Pt 811.50 $/oz Change: -15.32


Mozambique’s GDP growth to fall to below 3% following Idai

By: Marleny Arnoldi     17th May 2019 The Mozambican government has estimated its emergency assistance needs and reconstruction costs following cyclone Idai, in March, will reach $1.5-billion, or about 10% of the country’s gross domestic product. The International Monetary Fund (IMF), in a report, compiled information around the... 

How fleet management can offset cross-border delivery risks

By: Creamer Media Reporter      13th May 2019 Cross-border transportation is risky – the many risks logistics companies face include safety of the vehicle, protection of the load, well-being of the driver, on-time delivery, and communication with the driver. Roadblocks, congested border posts, availability of fuel, high costs, local crime... 

Deloitte consolidates Intelligent Mining offering

By: Marleny Arnoldi     6th May 2019 Since launching its Intelligent Mining system a bit more than a year ago, Deloitte has consolidated the respective service offerings into one combined mining intelligence capability, which now comprises a Digital Nerve Centre and Intelligent Boardroom. Deloitte digital mining operations leader... 

Insurers are rethinking construction sector risk mitigation – Allianz

By: Marleny Arnoldi     3rd May 2019 As construction projects become bigger and harder to fund, given rate pressures and market challenges, many insurers are exiting or scaling back in the engineering market, says Allianz Global Corporate & Specialty (AGCS) Africa property and engineering head Seelan Naidoo. He explains that the... 

Mining body releases autonomous systems guideline

By: Nadine James     3rd May 2019 The Global Mining Guidelines Group (GMG) published the Guideline for the Implementation of Autonomous Systems in Mining last month, in an effort to assist in the implementation of these systems, which are being used more and more frequently owing to their potential for making the mining industry... 

Standard Bank shareholders to vote on climate-risk exposure reporting resolution

By: Tasneem Bulbulia     18th April 2019 Shareholders of financial services provider Standard Bank will, at the bank's next annual general meeting, vote on a resolution tabled by two shareholders to require the bank to report on its exposure to climate risk in its lending, financing and investment activities. "This is the first time... 

Exceptional Workshops For 2019 Sapics Conference

18th April 2019 The new normal for supply chains involves uncertainty, complexity and risk, according to international supply chain risk management specialist, Gregory Schlegel. A professor at Lehigh University in the USA, a renowned author and founder of the global Supply Chain Risk Management Consortium,... 

African Rainbow Capital acquires QED for undisclosed amount

By: Nadine James     17th April 2019 Empowerment investment holding company African Rainbow Capital (ARC) on Wednesday announced plans to acquire a majority shareholding in independent actuarial advisory business QED for an undisclosed amount. QED operates across 17 countries in Africa, offering actuarial and risk management... 

Securex South Africa exhibitors gear up for 2019 show

By: Creamer Media Reporter      15th April 2019 As the opening day of the 26th annual Securex South Africa show fast approaches, this year’s exhibitors are preparing to unveil a host of new products and services to the thousands of visitors expected to attend Africa’s biggest security and fire focused trade exhibition.  Among them is... 

Technology helping financial firms to modernise risk management practices

By: Schalk Burger     12th April 2019 Regulatory and market pressures are prompting financial services organisations to modernise, and integrate their risk and finance processes, says analytics multinational SAS Africa head of risk Gabor Szalontai. There is much more data available to assess risks, with platforms designed to help... 

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