GEORGE NEWS - The bi-annual South African roadshow of the Isle of Man Indaba is also stopping in George this year on Monday 6 November.
It will be held at Fancourt from 07:30 to 12:00.
The roadshow started on Tuesday 31 October and concludes on 8 November and also visits Johannesburg, Durban and Cape Town.
Organised by a collective of Isle of Man companies with an interest in fostering synergies and bolstering ties between South Africa and the Isle of Man, this edition of the roadshow will focus on 'Growing tech and intellectual property companies in order to accumulate wealth in the Isle of Man'.
Roelf Odendaal, representing one of the participating Isle of Man companies, expressed excitement about the upcoming roadshow and the success of past Indabas. He highlighted the expansion of the event to include the Eastern Cape with a stop in George, inviting interested parties across the Garden Route and surrounding regions to attend. This marks the second roadshow in 2023, showcasing the commitment of both South African and Isle of Man companies to fostering fruitful collaborations. “This Indaba will be of particular interest to tech companies wishing to take their products international, tech entrepreneurs wishing to understand how to establish a tech company globally, individuals and companies who wish to register trademarks and intellectual property internationally, and individuals who want to secure their wealth outside of South Africa.”
The roadshow indaba delves into critical topics, including economic substance, funding South African tech companies, the advantages of choosing the Isle of Man for your tech company, IP management (brands, trademarks) from the Isle of Man, general wealth management, types of corporate vehicles, family governance, succession planning, available advisors, and employment issues.
Authorities on intellectual property will join the delegation of Isle of Man companies at the roadshow. The keynote speakers include Sara-Jane Pluke of Eversheds in Durban, Stephan Spamer of CDH in Johannesburg, and André Maré of Von Seidels in Cape Town.
Isle of Man companies participating in the panel will provide insights into the investment market and recent developments in the country. The panel includes representatives from the Isle of Man government through its agency, Finance Isle of Man; Antony Kelsey from Capital International Group; Alex Toohey from Canaccord Genuity; Basil Bielich and Lyle Krause from Atla Group; Simon Fearnhead from Stonewell; Christopher Kinley from Kinley Legal; Stephen Wilson from Boston Multi Family Office; and Roelf Odendaal.
Recent media reports by Bloomberg and the BBC highlight a growing interest in the Isle of Man as an ambitious and vibrant economy with a goal of doubling its economy to £10 billion by 2032. The Isle of Man has set its sights on increasing its population to 100 000 by 2027 while creating 5 000 jobs in the process.
The Isle of Man is recognised as a leading international business centre. It is a self-governing crown dependency with its own parliament, laws, and economy, independent of the UK or EU. The country’s economy is growing and has a Moody’s government rating of Aa3, which indicates a high level of wealth and economic resilience.
The city of Douglas on the Isle of Man by night. Photo: Roelf Odendaal
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