Page 42 - 2022 IRMSA Risk Report

SECTION 3: South Africa Top Risks continued

3.1 SOUTH AFRICA BECOMES A FAILED STATE
Õi ̜ > Vœ˜Ìˆ˜Õi` >VŽ œv ˆ˜VÕÈÛi ÜVˆœ‡iVœ˜œ“ˆV }ÀœÜÌ ] ÃÕÃÌ>ˆ˜>LˆˆÌÞ œv i˜iÀ}Þ ÃÕ««Þ >˜`
}œÛiÀ˜“i˜Ì V>«>VˆÌÞ] >à Üi >à Vœ˜Ìˆ˜Õi` ÃÌ>Ìi V>«ÌÕÀi >˜` ˆ˜VÀi>Ș} ՘i“«œÞ“i˜Ì] -č LiVœ“iÃ
> v>ˆi` ÃÌ>Ìi° / ˆÃ ÀiÃՏÌà ˆ˜ > vÕÌÕÀi V >À>VÌiÀˆÃi` LÞ > `ˆÀiVÌ Ì Ài>Ì Ìœ œÕÀ `i“œVÀ>VÞ] V>«ˆÌ> yˆ} Ì]
Þ«iÀ‡ˆ˜y>̈œ˜] ÜVˆ> ՘ÀiÃÌ >˜` VÕÀÀi˜VÞ Vœ>«Ãi] Ü ˆV ܈ ˜œÌ Li ÌÕÀ˜i` >ÀœÕ˜` ÜˆÌ ˆ˜ Ì i ,,* >˜`
* ̈“ivÀ>“i°

FLAGS r ÕÀÀi˜Ì r ÕÌÕÀi SUCCESS STORY

FLAGS C F 1-č ÃÕ««œÀÌÃ Ì i -Ì>Ìi >«ÌÕÀi ,i«œÀÌ° č˜
č ,- * individual or organisation named in the State
OWNING -/ /1/ " č č*č /9 >«ÌÕÀi ,i«œÀÌ Ã œÕ` Li ˆ˜ÛiÃ̈}>Ìi` >˜`
OUR *" / - prosecuted if there are grounds to do so. BUSA
is absolutely determined to make politicians
FUTURE
SCENARIOS FAKE IT č/ " č *" 9 the collective trauma that we have suffered as
and business accountable! We are frustrated by
-" č " - "
UNTIL WE
constitutionally appointed individuals have stood
- ,6 6 ,9
MAKE IT, OR
by and watched the unlawful and dishonest
NOT
+1č /9
events before their own eyes. SA has an amazing
PERPETUAL
HANGOVER " " 9 ability to go to the precipice and pull back just in
time. There is a deep resilience that allows it to
" č /, - NA endure trauma and come out on the other side.
č/ č / iÀi ˆÃ >Ãœ >˜ >“>∘} Ãi˜Ãi œv }œœ`܈] “œÃÌ
South Africans want SA to succeed.
-č Ài>V i` > «>À̈VՏ>ÀÞ œÜ «œˆ˜Ì ˆ˜ ÓäÓ£° / i ÀՏˆ˜} «>ÀÌÞ œv Ì i VœÕ˜ÌÀÞ LiV>“i “œÀi «œ>ÀˆÃi`] Ì iÀi Ü>à Vœ˜Ìˆ˜Õi`
>À}i ÃV>i œœÌˆ˜} `Õi ̜ V>`Ài `i«œÞ“i˜Ì] ˆ˜iµÕ>ˆÌÞ Vœ˜Ìˆ˜Õi` ̜ ÀˆÃi] À>VˆÃ“ Ü>à >Ì >˜ >‡Ìˆ“i ˆ} ] L>VŽ }À>`Õ>ÌiÃ
vœÕ˜` ˆÌ ÛiÀÞ `ˆvwVÕÌ Ìœ w˜` i“«œÞ“i˜Ì] Ì i «ÕLˆV ÃV œœÃ ÜiÀi v>ˆˆ˜}] Ì i ˜>̈œ˜> i>Ì ÃiÀۈVi Ü>à v>ˆˆ˜} Ì i «œœÀ >˜`
ÛՏ˜iÀ>Li] VÀˆÌˆV> ˆ˜vÀ>ÃÌÀÕVÌÕÀi Ã̜œ` ˆ˜ `iV>Þ >˜` Ì i ÕÞ ÓäÓ£ ՘ÀiÃÌ] œÀ ˆ˜ÃÕÀÀiV̈œ˜] ÀiÛi>i` Ì i }i˜iÀ> >܏iÃØiÃà ˆ˜
Ì i VœÕ˜ÌÀÞ° / i «ÕLˆVˆÃi` «ÀœVÕÀi“i˜Ì œv «iÀܘ> «ÀœÌiV̈œ˜ iµÕˆ«“i˜Ì Ài>̈˜} ̜ "6 ‡£™ ÃV>˜`>Ã vÕÀÌ iÀ iÀœ`i` >˜Þ
«ÕLˆV ÌÀÕÃÌ ˆ˜ }œÛiÀ˜“i˜Ì½Ã >LˆˆÌÞ Ìœ `iˆÛiÀ ˆ˜ >˜ œ˜iÃÌ >˜` ÌÀ>˜Ã«>Ài˜Ì Ü>Þ° / i -Ì>Ìi >«ÌÕÀi ,i«œÀÌ V >À>VÌiÀˆÃiÃ Ì i
almost total failure of the ANC led government by the state’s failure to prosecute corruption cases involving violations of the
* č° / i Ü>Þ vœÀÜ>À` V>Ã vœÀ `iw˜ˆÌˆÛi >˜` ÕÀ}i˜Ì >V̈œ˜ ˜œÌ œ˜Þ LÞ Ì i }œÛiÀ˜“i˜Ì LÕÌ LÞ «ÀˆÛ>Ìi LÕȘiÃà >˜` -œÕÌ
African citizens.

TOP 5 CHALLENGES TO ACHIEVING TOP 5 RISK TREATMENT OPTIONS AND
TARGETS OPPORTUNITIES

£° >VŽ œv ˆ˜VÕÈÛi ÜVˆ> iVœ˜œ“ˆV }ÀœÜÌ £° *ÀœÛˆ`i > ˜ÕÀÌÕÀˆ˜} i˜ÛˆÀœ˜“i˜Ì vœÀ Ó>] “ˆVÀœ] >˜`
Ó° œ˜Ìˆ˜Õi` ÃÌ>Ìi V>«ÌÕÀi “i`ˆÕ“ i˜ÌiÀ«ÀˆÃiÃ] iëiVˆ>Þ L>VŽ >˜` ܜ“i˜ œÜ˜i`
ΰ 1˜i“«œÞ“i˜Ì À>Ìi ˆ˜VÀi>Ãià œÀ ÃÌ>ÞÃ Ì i Ã>“i LÕȘiÃÃiÃ] >˜` ˆ˜Vi˜ÌˆÛˆÃi Ì i «ÀˆÛ>Ìi ÃiV̜À ̜ ÃÕ««œÀÌ
{° >VŽ œv >VViÃà ̜ Àiˆ>Li >vvœÀ`>Li i˜iÀ}Þ ÃÕ««Þ Ì i“°
x° >VŽ œv }œÛiÀ˜“i˜Ì V>«>VˆÌÞ Ó° ˜ÛiÃ̈}>Ìi >˜`] ˆv >««Àœ«Àˆ>Ìi] «ÀœÃiVÕÌi >i}>̈œ˜Ã ˆ˜
Ì i -Ì>Ìi >«ÌÕÀi ,i«œÀÌ Ì ÀœÕ} > vՏÞ ÀiÜÕÀVi` >˜Ìˆ‡
VœÀÀի̈œ˜ ՘ˆÌ] >˜` Ì>Ži >««Àœ«Àˆ>Ìi >˜` ۈÈLi >V̈œ˜°
ΰ ˜Vi˜ÌˆÛˆÃi ˆ˜ÛiÃ̓i˜Ì ˆ˜ Î ÀiiÛ>˜Ì >Ài>à ̜ VÀi>Ìi œLÃ\
­ˆ® ˆ˜vœÀ“>̈œ˜ ÀiۜṎœ˜] ­ˆˆ® “ˆ˜ˆ˜} ÃiV̜À ÀiۈÛ> Ì ÀœÕ}
LÕȘiÃÇvÀˆi˜`Þ «œˆVÞÉÀi}Տ>̈œ˜] >˜` ­ˆˆˆ® }Àii˜ i˜iÀ}Þ°
{° iÛiÀ>}i -*6à ̜ ˆ˜ÛiÃÌ ˆ˜ £ää 7 «œÜiÀ }i˜iÀ>̈œ˜ >˜`
£ää “i}> ˆÌÀiÃÉ`>Þ “Õ˜ˆVˆ«> ṎˆÌÞ >˜` `iÃ>ˆ˜>̈œ˜
«>˜Ìð
x° -iVœ˜` «ÀœviÃȜ˜>Ã vÀœ“ «ÀˆÛ>Ìi ̜ «ÕLˆV ÃiV̜À ̜ LՈ`
V>«>VˆÌÞ ˆ˜ }œÛiÀ˜“i˜Ì ­i°}° *Ƃ® ̜ ÃÕ««œÀÌ Ì i ,,*Æ
ˆ˜ÌÀœ`ÕVi V>ÀiiÀ œLà >Ì œV>] «ÀœÛˆ˜Vˆ>] >˜` ˜>̈œ˜>
iÛiÃ L>Ãi` œ˜ ΈÃ >˜` µÕ>ˆwV>̈œ˜ÃÆ ÀiÌ>ˆ˜ iÝ«iÀˆi˜Vi`
VˆÛˆ ÃiÀÛ>˜Ìà Ài}>À`iÃà œv Ü ˆV }œÛiÀ˜“i˜Ì ˆÃ ˆ˜ «œÜiÀ°

40 IRMSA RISK REPORT • SOUTH AFRICA RISKS • EIGHTH EDITION