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After recently splashing out on your dream car, you receive a call from the dealership stating that the model is being recalled to fix a defect. The manufacturer will bear the cost and it will be arranged for the vehicle to be collected. This is inconvenient, but you agree and hand your vehicle over to the tow truck driver when he arrives.
Some businesses have not seen much growth over the past year, due to ongoing pandemic-related restrictions and cash-strapped consumers. A subdued economic landscape often leads to cost-cutting initiatives within companies, which in turn can lead to increased exposure to risk, further threatening the bottom line.
Over the past year or so the South African Motor Body Repairers’ Association (SAMBRA), a proud Association of the Retail Motor Industry Organisation (RMI), has frequently reported on unsuspecting car buyers who have been duped into buying a second hand car, which, on the face of it, seems like a really great deal.
As COVID-19 vaccine distribution rolls out across Africa and the world, insurers of the pharmaceutical industry are in a position to share their experience as to what constitutes a successful and safe distribution process.
If you had to choose one approach to protect your hard-earned investment cash from today’s market madness, which would it be?