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Our top risks

Using an integrated assurance methodology, in 2016 we considered the following to be

MTN’s most material risks based on the residual risk rating of each. This takes into

account the probability of the risk occurring, the impact should it materialise and the

mitigation strategies in place. The fact that we disclose details of these top risks means

that each is important to MTN and, even though rankings change during the year, each

of these risks receives equal management attention.

RISK RISK DESCRIPTION

1

Adverse regulatory changes or non-compliance with laws and regulations

2

Network performance

3

Financial performance

4

Liquidity and hard currency availability

5

Compromised information security

6

Strategic execution risk

7

Create and maintain a competitive advantage

High

LOW

Group top risks at a glance

Likelihood

Impact

1

2

3

4

5

6

7

ow

MTN Group Limited

Integrated Report 2016

35

STRATEGIC

OVERVIEW