Unemployment a major risk for SA

THE Institute of Risk Management SA (IRMSA) has identified structurally high unemployment, growing income disparity and inequality, failure of governance in the public sector, fraud and corruption among some of the biggest risks for the country this year.

The IRMSA’s latest risk report is the outcome of surveys carried out with some 1 028 contributors from a variety of business and risk-related roles, said IRMSA chief risk advisor Christopher Palm.