Page 61 - Risk Report 2024

IRMSA
61
RISK REPORT 2024/25

Longer-term response to address risk

sustainably

Risk drivers Response strategies Impact

Failure to maintain and develop Independently owned and managed organisation for Short term:
rail network for goods and ownership of targeted rail networks, direct contracts with Low
minerals (e.g. containers, bulk key customers / capacity reseller models with competitive
minerals, coal), restricting exports logistics operators.
and economic growth, causing
excessive use of trucks with
related congestion and damage to
road networks.

Failure to maintain and develop SA Global best practice PPPs, international benchmarking Medium
Ports causing excessive delays and and operating model engagement, best skills deployment term: High
inefficiencies and reduced trade directly remunerated on performance.
volumes.

Failure to maintain and develop Devolution of commuter rail to provinces / regions; local Short term:
rail commuter services, escalating and international PPPs for mass transit (e.g. ‘hanging Medium
commuter costs and traffic carriages’ along metro highways).
congestion.

Failure to maintain and develop Correct economic impact and usage charge (tolling) Medium
roads at national, regional and models for road use, community partnerships for local term: High
local levels. road maintenance using reallocated rates base

Extreme weather perils: Rain Parametric cover in excess of ‘100 year’-experience, Short term:
/ floods wash away roads and ongoing extreme weather modelling. Low to
railways, damage container parks; Medium
storm winds damage port facilities.

Failure to maintain and develop Re-establish rail security services with world class Medium
security capacity and technology technology, independently managed. term: High
on rail networks to prevent theft of
infrastructure.

Failure to maintain and develop Implement best in class tracking and monitoring Short term:
tracking and security systems for technology, lifestyle audits of key officials in transport and Medium
container traffic, facilitating fraud logistics value chains.
and illicit goods transport.

Sources:
• Border Movement Authority Festive Season Report and Easter Report 2023/24
• https://www.gov.za/news/speeches/minister-bheki-cele-second-quarter-crime-statistics-20232024-17-nov-2023
• https://www.bma.gov.za/wp-content/uploads/2024/02/The-final-Media-statement-festive-report-28-Jan-2024-1.pdf
• (https://www.sanews.gov.za/south-africa/over-million-travellers-processed-over-easter-period).
• https://www.dailymaverick.co.za/article/2024-04-16-death-toll-climbs-to-five-after-margate-pounded-by-devastating-storm-force-winds-
floods/