Page 13 - Risk Report 2024
P. 13

IRMSA
           13
                   RISK REPORT 2024/25




           This year’s storyline is that South Africa must urgently stabilise water, energy, and logistics. The rule of law and
           State functionality (quality and productivity) must improve speedily and drastically. Skills must be unlocked to
           create economic value, and leaders must govern South Africa effectively to secure food for a more equitable
           and secure society that thrives in a climate change affected world. Underpinning all of this, is the responsible
           leveraging of technology and an enabling national culture.

                                                  Get it right              Do it right

                                                                      Sustainability
                                     Strategy                   Take deliberate long-term view and action
                                Influence national strategies
                         Do it right  Skills            12       Social Security            10
                                                                                             4
                     Enabling Culture  Politics          2       Food Security               9      Technology
                              Economy
                                                                 Climate
                                                         3



                                                                      Optimisation
                                Transformation
                                                                       Strengthen and leverage
                                    Get it right   Rule of Law  1  Water                     6 7     11
                                    Unlock capabilities
                              Functional State

                                                         5
                                                                  Energy
                                                                                             8
                                                                  Logistics



           Activating  skills  is  the  pivotal  risk upon  which  effective  response  to  all  other  risks  depends.  The  two  most
           important risk drivers are building a functional State and enforcing the rule of law. Addressing these two will
           create a platform on which to respond to the risks to water, energy, and logistics, which will activate economic
           growth and enable a policy environment conducive to addressing the risks of social security, food security and
           climate change. Responding to the three pivotal risk themes in the short-term, is critical to be able to address
           the three risk drivers for medium- to long-term achievement of the NDP goals.







                                 Functional                                                  Social
                                                    Logistics
                                   State                                                    Security



                                         Technology                   Economy   Policy        Food
                     Skills                          Water                                  Security







                                  Rule of            Energy
                                    law                                                     Climate
   8   9   10   11   12   13   14   15   16   17   18