Regulation, cyber-attacks top list of worries for firms

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Changes in regulations and cyber incidents have emerged as the biggest concerns for companies in Kenya as they organise their plans and resolutions for the New Year, a new report shows.

The Allianz Risk Barometer 2023, which is an annual business risk ranking compiled by Allianz Group’s corporate insurer Allianz Global Corporate & Specialty (AGCS) together with other Allianz entities, shows company bosses remain most apprehensive over changes in legislation and regulations at 31 percent up from 28 percent last year.

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Note: The results are not exact but very close to the actual.