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The
opening address by Dr Gannon very much set the tone for
the conference – having set up a number of joint
ventures with Southern Africa companies he spoke with
passion of the similarities between the historical
development of Ireland and that of South Africa.
He
stressed how South Africa’s almost violence-free
transition from a polarised situation has resulted in an
economy that showed real growth and potential for
investment. Of the opinion that Ireland was probably only
half a generation ahead of South Africa in real business
terms, he had in his own experience
found it very easy to do business in South Africa
and likewise easy to establish contact with CEO’s.
He
had in his own dealings found the IDC to be a very
effective and efficient development organisation and with
the low market entry costs coupled to a GDP of around 4% -
setting up joint ventures with the IDC was ideal for those
Irish companies looking for a gateway into Africa.
The
IDC Executive and Strategic Business Unit presentations
were very well received by the delegates and many probing
questions were directed to the panel.
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An
IDC Conference:
In
Association with:
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Having
hosted similar conferences in Amsterdam, Cologne and
Berlin over the past four months it became very
obvious by comparison, as the Dublin conference
progressed, that the Irish delegates were well informed as
to the African potential and meaningfully wished to do
business.
A
number of very strong contacts were made and one-on-one
meetings with the IDC team were held that afternoon, over
breakfast and throughout the next day.
The
weather was such that Dublin International Airport was
closed down to all flights due to heavy snowfalls and this
necessitated an additional day’s stay in Dublin – and
a number of the SA contingent took this opportunity to
take in the sights and visit the Guiness and Jameson
Breweries, Trinity College, the Book of Kells and walk the
Livesey.
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Conference
speakers and their topics:
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Welcome
Address:
Dr
David Gannon, Managing Director, Acumen Management Consultants Ltd
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The IDC as Catalyst and Partner for Investment into the SADC
Andile
Reve,
Executive
Vice-President: Sectors Division,
Industrial
Development Corporation of South Africa Ltd.
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Entering
into Joint Ventures with the IDC
Gerrit
van Wyk,
Head
of Techno-Industries SBU,
Industrial
Development Corporation of South Africa Ltd.
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The
Southern African Investment Climate
Loyiso
Jiya,
Chief
Economist and Head of Research and Information, Industrial
Development Corporation of South Africa Ltd.
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Many
thanks
to our fantastic sponsors for all their support:
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Speakers
(from left to right)
George
Sithole
Gerrit
van Wyk
Daniel
Stemmer
Dr
Gannon
Dr
Denis Worrall
Loyiso
Jiya
Andile
Reve
Mpathi
Nyewe
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Mphathi
Nyewe,
Sakaza Consulting (Pty) Ltd (left)
Dr
Denis Worrall, Omega Investment Research (Pty) Ltd (middle)
Daniel
Stemmer, Acting SA Ambassador to
Ireland (right)
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Andile
Reve, Industrial
Development Corporation of South Africa Ltd.
Mphathi
Nyewe, Sakaza Consulting (Pty) Ltd
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