Page 13 - Risk Report 2024
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IRMSA
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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