• Conciseness
• Materiality
• Strategic focus and future orientation

Key observations:

ABSA present a holistic risk discussion which clearly demonstrates the company’s strategy for managing risks and performance – both for the year in review and for the future.

Material risks are clearly explained, with relevant KPIs disclosed together with an explanation of the strategy for mitigating those risks which provides the reader with an understanding of the activities which are broadly in place. ABSA then provides insights into how the company has managed these risks in the year and provides insights into how ABSA will continue to manage these risks in the coming year.