African Journal of
Business Management

  • Abbreviation: Afr. J. Bus. Manage.
  • Language: English
  • ISSN: 1993-8233
  • DOI: 10.5897/AJBM
  • Start Year: 2007
  • Published Articles: 4165

Full Length Research Paper

Assessment of risk management practices in dangote cement factory, Ethiopia

Moti Tafa Negero
  • Moti Tafa Negero
  • 1School of Business Administration, Zhejiang Gongshang University, China. 2Department of Management, College of Business and Economics, Salale University, Fiche, Ethiopia.
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Getahun Birhanu Bona
  • Getahun Birhanu Bona
  • Department of Business Management, School of Business Management, Rift Valley University, Ethiopia.
  • Google Scholar


  •  Received: 20 September 2020
  •  Accepted: 18 October 2021
  •  Published: 31 March 2022

Abstract

This study aimed to assess the risk management practices in Dangote Cement Factory, Ethiopia. Descriptive research design was employed in this study along with quantitative and qualitative research approaches. The total population was 353 of which 192 respondents were selected using simple random sampling technique. In addition to this, four managers were chosen for interview using purposive sampling technique. The primary information or data were gathered using structured survey which enclosed both open and close ended questions. Moreover, data were analyzed using both descriptive analysis like frequency and percentages and inferential statistics with the help of Statistical Packages of Social Scientist 20 version computer software.  The findings of this study shown that there was no awareness created regarding training of the risk management process in the company. Moreover, packing plant risk and material risk were the most faced risks in Dangote Cement Factory. Finally, the study recommended that, the company is better to provide awareness creation, and continuous training, fulfilling personal protective equipment and establishing safety supervision staff committees.

 

Key words: Risk, risk management, dangote cement factory, Ethiopia.