Risk

Case Study: Telecom Namibia’s Ransomware Attack – A Wake-Up Call for African Cybersecurity

In December 2024, Telecom Namibia, a state-owned telecommunications firm, fell victim to a sophisticated ransomware attack orchestrated by a group known as Hunters International (The Brief, 2024). This incident highlighted the growing cybersecurity challenges faced by African nations as they rapidly digitise their economies.

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Case Study: Overcoming Resistance to ERM Implementation at AfriChem Ltd

AfriChem Ltd, a mid-sized petrochemical company in South Africa, faced significant challenges when implementing Enterprise Risk Management (ERM) across its supply chain operations. Despite recognising the potential benefits of ERM in enhancing competitiveness and managing risks, the company encountered substantial resistance from various levels of the organisation.

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Case Study: Embedding Theory of Change in Cyber Risk Management at a Financial Services Firm

A South African financial firm used Theory of Change tools like Changeroo and TOCO to align stakeholders, visualise cyber risk pathways, and integrate evidence-based metrics. This approach improved clarity, regulatory confidence, and adaptability, enabling the firm to proactively manage cyber threats and continuously refine its risk management strategy (Chetty, 2018; Changeroo, 2024).

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Case Study: ESG Africa – Pioneering Sustainability Consulting in Africa

ESG Africa is a leading sustainability consulting firm operating across the African continent. Founded in response to the growing demand for environmental, social, and governance (ESG) expertise, the company has positioned itself as a key player in helping businesses navigate the complex landscape of sustainability and responsible business practices.

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Case Study: Transnet Cyber Attack – A Wake-Up Call for African Cybersecurity

In July 2021, Transnet, South Africa's state-owned logistics enterprise, fell victim to a devastating ransomware attack that sent shockwaves through the country's economy and exposed critical vulnerabilities in its cybersecurity infrastructure (Timcke and Rens, 2024).

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Case Study: Cognitive Warfare and Corporate Sabotage – The OrionTech Disinformation Crisis

OrionTech, a tech firm, was targeted by a deepfake-driven disinformation campaign ahead of a major product launch. The attack damaged its reputation and finances, exposing weaknesses in cognitive risk preparedness. A cross-functional crisis response restored trust, highlighting the need for proactive cognitive risk management in today’s volatile information landscape.

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Case Study: Operational Resilience in Action: PepsiCo’s Parow Facility

In the face of increasing climate-related challenges, PepsiCo's manufacturing facility in Parow, Cape Town, has emerged as a prime example of how businesses can build resilience through green technology investment and water stewardship (GreenCape, n.d.).

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Case Study: Navigating Economic Uncertainty in Africa – Standard Bank Group’s Approach to Risk Management

Standard Bank Group (SBG), a leading financial services organisation with a strong presence across 20 countries in sub-Saharan Africa, faced significant challenges in managing risks amidst increasing economic uncertainty and geopolitical tensions. This case study examines how SBG adapted its risk management strategies to navigate these complex challenges.

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Case Study: From Marketplace to Monarchy – Amazon and the Risks of Techno-feudalism 

Amazon exemplifies techno-feudalism through its monopolistic control of platforms, data, and cloud infrastructure. The case study highlights risks such as platform dependency, algorithmic opacity, and data exploitation. It urges risk professionals to assess digital reliance, ensure data governance, and prepare for systemic disruptions or regulatory backlash in a digitally dominated economy.

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Case Study: AI Adoption in Africa – Challenges and Opportunities

Africa's artificial intelligence (AI) ecosystem is rapidly evolving, with over 2,400 companies specialising in AI across the continent (Afrilabs, 2024). Despite facing significant infrastructure and funding challenges, African AI startups are making strides in various sectors, including healthcare, agriculture, and financial services.

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