“Milly brings a powerful combination of experience, purpose-led leadership and a deep understanding of the role business can play in society,” said Max Oliva regarding Millicent Maroga’s appointment at McDonald’s South Africa.
A new systematic risk profiling (SRP) tool analyzes economic shocks in developing countries. This tool simulated thousands of shock scenarios across 11 countries. The results show that household-level welfare is often shaped more by global price and capital-flow shocks than by domestic agricultural crises.
In low-income agrarian economies, primary systemic risks remain domestic. Yet in macro-dependent economies, external shocks account for more than 60% of the variation in national poverty.
Meanwhile, Amanzimtoti police opened a case for reckless and negligent driving. This follows an accident involving a private vehicle and a Toyota HiAce transporting schoolchildren.
Two learners, aged 10 and 15, were trapped inside the vehicle during the incident. They required extrication from the wreckage. The injured learners received treatment on scene before being transported to various hospitals.
Economic shocks in developing countries are often interconnected and influenced by both local and global factors. This new framework challenges traditional views on agricultural crises.
The implications for community impact are significant. Policymakers must consider these dynamics when addressing poverty and economic stability.
No timeline has been shared regarding the investigation into the driving incident. Officials have not confirmed whether charges will be filed against the driver.
As Millicent Maroga steps into her new role in April 2026, her leadership may play a crucial part in addressing some of these community challenges.
