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TABLE OF

CONTENTS

HOW TO READ THE IRMSA RISK REPORT SOUTH AFRICA RISKS 2021 3

EXECUTIVE SUMMARY 9

MESSAGE FROM THE IRMSA PRESIDENT 10

SECTION 1

1. SOUTH AFRICA’S RISK CONTEXT 12
1.1 INTRODUCTION 13
1.2 GLOBAL MACRO-ECONOMIC IMPACT 14

1.3 GEOPOLITICAL CONSIDERATIONS 14
1.4 REVISITING THE REGULATORY POLICY FRAMEWORK 15
1.5 CONTINUED DEMAND FOR VISIONARY LEADERSHIP 16
1.6 CHANGES IN THE CORPORATE AND SOCIAL FABRIC 16
1.7 STRUCTURAL INEQUALITY AND HUMAN POTENTIAL 17

1.8 OPPORTUNITIES IN DISRUPTIVE TECHNOLOGIES AND INNOVATION 19

1.9 REINFORCING THE ROLE OF THE CHIEF RISK OFFICER 19

SECTION 2
2 SCENARIOS TO CREATE A FUTURE IN WHICH SOUTH AFRICA CAN PROSPER 22
2.1 HOW TO CREATE A FUTURE FOR SOUTH AFRICA? 23

2.2 INDLULAMITHI SOUTH AFRICA SCENARIOS 2030 - A QUEST FOR SOCIAL
COHESION 25

2.3 FRANS CRONJE – THE RISE AND FALL OF SOUTH AFRICA 26
2.4 CLEM SUNTER - GLOBAL FLAG WATCHING 28
2.5 IRMSA - RISK-RESILIENT SCENARIOS FOR SOUTH AFRICA 31

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