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The coronavirus has reminded many organisations, including those in the insurance industry, that organisations that have a strong learning culture stand a better chance of emerging stronger from a crisis, says Ronald Tembo, executive manager at the Insurance Institute of South Africa (IISA).
The positive news about COVID-19 vaccines has sent stock markets to new highs from already elevated levels. But upbeat investors may be getting ahead of themselves because there are many uncertainties and risks that could dent investor optimism and result in sharp selloffs.
Following the devastating impact of the outbreak and spread of COVID-19 on human lives and the global economy, the narrative associated with the virus was the dominating factor driving prices of financial assets.
What do you believe will be the biggest challenge when the COFI framework is finally implemented?