Page 35 - 2022 IRMSA Risk Report

South Africa Scenarios

SECTION 2: South Africa Risk scenarios continued

/ i -Ì>Ìi½Ã ,,* ˆÃ ˆ˜Ìi˜`i` ̜ LÀˆ˜} Ì i VœÕ˜ÌÀÞ The impact of each of the country risks on the
back on course towards the targets set in the NDP above ERRP targets is unpacked in detail in
­6ˆÃˆœ˜ ÓäÎä®° Section 3 of this report.
Ì ˆ˜VÕ`ià ëiVˆwV à œÀÌ] “i`ˆÕ“] >˜` œ˜}‡ÌiÀ“ 5QWTEGU
interventions required to strengthen key sectors 7i vՏÞ >VŽ˜œÜi`}i Ì i Àˆ} Ìà >˜` ˆ˜ÌiiVÌÕ> «Àœ«iÀÌÞ
of the economy, including the following: œv Ì i ÃVi˜>ÀˆœÃ µÕœÌi`] ÀiviÀÀi` ̜] >`>«Ìi` vÀœ“ >˜`ɜÀ
• ÀœÜˆ˜} Ì i iVœ˜œ“Þ >Ì > À>Ìi œv x]{¯ `ˆÃVÕÃÃi` ˆ˜ Ì ˆÃ Ài«œÀÌ° Ƃ˜Þ œÛiÀÈ} Ì Üˆ Li VœÀÀiVÌi` Õ«œ˜
ÀiViˆÛˆ˜} Vœ““Õ˜ˆV>̈œ˜ ̜ ÃÕV ivviVÌ vÀœ“ Ì i
• Reducing the unemployment rate to 6% Àˆ} ÌvՏ œÜ˜iÀ°
• ˜VÀi>Ș} ˆ˜ÛiÃ̓i˜Ì >à > à >Ài œv * ̜
30% £° ˜`Õ>“ˆÌ ˆ½Ã -"1/ Ƃ , Ƃ - Ƃ, "- ÓäÎä ­ÓäÓ£
• ,i`ÕVˆ˜} ˆ˜iµÕ>ˆÌÞ >à “i>ÃÕÀi` LÞ Ì i ˆ˜ˆ Ƃ," / ,®] Ã>ÃVi˜>ÀˆœÃÓäÎä°Vœ°â>ÉL>Àœ“iÌiÀÉ
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8/ / 9 Ƃ,-
• Total eradication of poverty ΰ À>˜Ã Àœ˜i] -"1/ Ƃ , Ƃ ÓäÎä
In our view, these targets are ambitious, but {° À>˜Ã Àœ˜i] / , - ", Ƃ " -"1/ Ƃ , Ƃ
˜iViÃÃ>ÀÞ° 7i 1-/ “>˜>}i Ì i ÀˆÃŽÃ ̜ Ì iÃi x° i“ -՘ÌiÀ½Ã >}à vœÀ ÓäÓÓ ÌÌ«Ã\ÉÉÜÜÜ°Lˆâ˜iÜðVœ“É
targets relentlessly, understanding the future we ՘`ˆVÌ>Ìi`ÉÓäÓÓÉä£Éä™ÉVi“‡Ã՘ÌiÀ‡ÜœÀ`‡ÓäÓӇy>}Ã
v>Vi ˆv Üi `œ˜½Ì° È° ÓäÓ£ 1˜ˆÌi` >̈œ˜Ã ˆ“>Ìi >˜}i œ˜viÀi˜Vi ‡
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£Ó œÛi“LiÀ ÓäÓ£] >Ã}œÜ] -VœÌ>˜`®

es faced b
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anisati
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The challenges faced by all organisations over the last two years have revealed many previously
The challen
all or
undetected vulnerabilities Organisation
undetected vulnerabilities. Organisations across the trade, finance, health and education sectors
took a massive knock with multiple lockdowns put in place globally.
Some of the world's largest organisations became victims of cybercrime as their activities moved to
a remote environment and many new vulnerabilities became present.
The supply chain industry, in particular, faced incredible economic strains and challenges with
resilience, with the vast majority of companies reporting that they were not prepared for the
pandemic and placed visibility and resiliency as their top priorities.

Although we are moving out of the harshest phase of the pandemic, the threats to businesses
remain, and cybercrime is an ever-increasing threat.

RUBIQ is a structured advisory assisted service that helps organisations identify and implement the
correct strategy. Our services are focused not only on GRC technology but also on our expertise in
consulting, advisory and guidance, providing a customised approach that is in line with the context of
each unique organisation.

Our team of experts is available to guide you through the process from risk assessment to action
plan and will assist with any guidance and advice in between.

Avoid the risks and losses your business may face and ensure governance, compliance, and
resilience are in place for your business.

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