SENWES Integrated Report 2020 | Page 102

STRATEGIC FOCUS AREA
EXTERNALISATION
Focus on the investigation of beneficial opportunities globally ( outside the borders of South Africa ) and expansion into these new , lower risk jurisdictions .
Objectives
� Diversify shareholders ’ income streams .
� Derisking to lower-risk countries .
� Given the uncertain economic and political conditions in South Africa , the focus is currently on international transactions .
Top-of-mind risks
� Political and economic climate risk .
� Market size and market share risk .
� Credit , liquidity and market risk .
� Weather and climate risk .
� Urbanisation , scarcity and retention of skills risk .
� Transition and customer risk .
� Diversification and agricultural industry risk .
� Unique competitor risk .
For more detail on top-of-mind risks , see p . 84
Looking ahead
� It remains part of Senwes ’ strategy to continue to simultaneously externalise and diversify through expansion into new , lower risk , markets ( outside of South Africa ). Possible targets are actively monitored in order to identify the most beneficial opportunities and the optimal times to pursue them .
Reflecting on the progress to date
Various beneficial international opportunities have been identified and are being evaluated .
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