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.
Case Study: Navigating Risk Management Challenges in African Business Operations
African businesses face a complex and evolving risk landscape, with challenges ranging from economic instability to cybersecurity threats. This case study examines the risk management strategies employed by a large South African grocery retailer operating across the continent.
Case Study: Risk Implementation Challenges MTN Group in Africa
MTN Group, a multinational telecommunications company operating across Africa, recognized the critical importance of enterprise risk management (ERM) in achieving its strategic objectives. As a major player in the telecommunications industry, MTN faced numerous challenges, including regulatory pressures, political instability, and rapidly evolving technology (MTN Group, 2017).
Case Study: Addressing the Skills Shortage in Risk Management at Imperial Logistics
Imperial Logistics, a leading logistics and supply chain company operating across Africa, has been grappling with a significant challenge in recent years: a shortage of qualified risk management professionals. This skills gap has become increasingly critical as the company faces a complex and evolving risk landscape in its operations across the continent (Imperial Logistics, 2020).
Case Study: Navigating Risk in African Insurance Markets
AfriSure Reinsurance, a leading South African reinsurance company, has been facing significant challenges in recent years due to the evolving risk landscape across the African continent. The company's CEO, Sarah Nkosi, has identified several key risks that are impacting their operations and profitability.
Case Study: Navigating Regulatory Challenges in Africa’s Fintech Sector
AfriPay Solutions, a rapidly growing fintech startup, aimed to revolutionise digital payments across Africa. Founded in 2020, the company quickly expanded its operations to five countries: Nigeria, Kenya, Ghana, South Africa, and Egypt. However, as AfriPay grew, it encountered significant regulatory hurdles that threatened its expansion plans and operational efficiency.
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.
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).
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.
Case Study: Shoprite’s Digital Transformation in African Retail
Shoprite Holdings, Africa's largest food retailer, has embarked on an ambitious digital transformation journey to adapt to changing consumer behaviours and technological advancements in the African market. With over 3,152 stores across Africa and more than 152,000 employees, Shoprite has positioned itself as a leader in leveraging digital technologies to enhance customer experience and operational efficiency (Enterprise Africa, n.d.).