South African politics is far from dull. The fractures within the African National Congress (ANC) were once again highlighted at the end of July when ANC Secretary General Ace Magashule accused former cabinet minister and ANC NEC member Derek Hanekom of being a charlatan and a wedge-driver.These accusations were sparked by a meeting between Hanekom and the Economic Freedom Fighters (EFF) to hatch a plan to support a vote of no confidence against Former President Jacob Zuma.

Stepping into the office and expecting one day to be like the next is a luxury that many CEOs in South Africa are seeing fade off into the sunset; particularly when it comes to the financial services sector. Business unusual is a catchphrase that has become common within our industry and highlights the need for risk management. This is a topic that was discussed at an Insurance Institute of Gauteng (IIG) Insights Seminar which focused on risk management.