QUESTION $5(20$ Marks$)$

According to Business LIVE $(2023),$ Cape Town became the first metro to offer cash payments for excess power generated

via solar PV installations $$ in addition to municipal bill credits up to a zero balance $$ being fed back into the grid.

Businesses have benefited from the scheme since June $2023$ and now residents can too.

Based on the above statement, discuss the three $(3)$ distinct dimensions of risk management from the perspective of

citizens, businesses, and the provincial government of Cape Town. Additionally, assess which type of core business risk

that load shedding presents for companies.

QUESTION $6(20$ Marks$)$

Discuss the application of the 'PACED' principles of enterprise risk management, as proposed by Hopkin $(2018),$ within the

context of business operations, supported by relevant examples.