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ANA reports that the Institute of Risk Management SA (IRMSA) has identified structurally high unemployment, growing income disparity and inequality, failure of governance in the public sector, fraud and corruption to be among some of the biggest risks for the country in 2019.
Other national risks include inadequate or substandard education and skills development, energy price shocks, labour unrest and strike action, national policy uncertainty and cyber attacks. The institute’s latest risk report contains commentary and guidance from some 85 experts who not only gauged the risks individually but also offered practical treatments at each level. The report is the outcome of surveys carried out with some 1,028 contributors from a variety of business and risk related roles. The informative and instructive report was "an invitation to business, government, the public and risk professionals to work together to solve these challenges and build a better society for the future,” IRMSA chief risk advisor Christopher Palm said.
- Read the short original of this report at Independent News
Get other news reports at the SA Labour News home page