Transforming SOEs with Enterprise Risk Management: Why Seychelles cannot afford to get it wrong |29 December 2025

Transforming SOEs with Enterprise Risk Management: Why Seychelles cannot afford to get it wrong

When a State-Owned Enterprise (SOE) in Seychelles fails, people feel it immediately. A delayed shipment affects shelves. A system breakdown disrupts services. A cash-flow problem becomes an urgent call for government support. In a small island economy, risk never stays inside an organisation. It spreads quickly and publicly.

Yet many SOEs still confront risk only after it turns into a crisis. Reviews follow breakdowns. Controls tighten after losses. By then, leaders react instead of decide, and costs rise sharply.

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