SA companies the hardest hit by fraud in Sub-Saharan Africa

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SPONSORED | Fidelity insurance and proper risk management can help ensure the survival of your company, says Western National Insurance

Fidelity insurance and proper risk management can help ensure the survival of your company, says Western National InsuranceNo company is immune to fraud, but proper risk management and sufficient insurance should guarantee survival, says Western National Insurance. PICTURE: 123RF/OLIVIER LE MOAL

It is vital for SA businesses to take the right steps to protect their operations from potential catastrophic financial loss. Hellweg says what’s most alarming about this trend is that small businesses with less than 100 employees experience the highest median losses of any organisation type.

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