Risk Management

"Invest in seven ventures, yes, in eight; you do not know what disaster may come upon the land."

(Ecclesiastes 11:2)

The primary goal of risk management is to ensure that the desired outcomes of risk-prone activities are consistent with the company’s strategies, and that there is a healthy balance between risk and reward in order to maximize shareholder value.

Michael Moyo International’s Integrated Risk Management Framework provides the foundation for achieving these goals. It has a well-disciplined culture where managing risk is an integral part of the day-to-day operations - having shared responsibilities among employees at all levels.

Integrated Risk Management Framework 

The company adopts an Integrated Risk Management Framework to manage businesses and financial risks. It provides a structured approach for the company to form a holistic view of all risks and manage them with an integrated approach, in tandem with business and compliance requirements.

Board Integrated Risk Management Committee (BIRMC) ensures that risk management strategies, policies, and processes are in place to manage events that could impact the company’s earnings, performance and reputation. The BIRMC functions under the responsibilities set out in the Board approved Terms of Reference, which sets the policies of a wide range, including strategic risk, credit risk, market risk, operational risk and liquidity risk.

Risk Governance & Organization 

The company has a well-established Risk and Governance Structure with the guidance of the Board of Directors, supported by an experienced Management Team. The company adopts three (3) lines of defence in managing risks, and each line of defence has a clear area of responsibility. The governance structure encompasses accountability, responsibility, independence, reporting, communication and transparency both internally and with our relevant external stakeholders.

The employees at all level of the company are bound by this Risk Governance Structure.