Arun ShankarThe 10th annual Growth Innovation and Leadership GIL African awards hosted by Frost & Sullivan, in partnership with the Public Investment Corporation PIC, will take place on the 13th of September 2018 at the Table Bay in Cape Town. Frost & Sullivan’s Best Practices Awards recognise companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development.
Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research in order to identify best practices.
This year’s event will include a new element in the form of a CEO Think Tank, inviting C-level executives to a panel discussion focusing on growth through innovation and digital transformation in Africa as well as committing to innovation and supporting start-ups. It is expected that representatives from over 20 companies across various industries in Africa will in attendance at this year’s awards banquet.
Digital transformation remains an integral part in the development of the economies of African countries, with the potential to transform businesses and ensure that they are properly equipped for the future. The challenge for most of these countries lies in their ability to integrate the technological disruptions in support of startup businesses.
“It is imperative to stay informed about the latest market trends, developments, tools and strategies driving the future of your business. Frost & Sullivan’s 2018 GIL African Awards provides an opportunity to innovate, grow and thrive amidst today’s digital disruption,” says Hendrik Malan, Operations Director, Africa at Frost & Sullivan.
The GIL 2018 African Awards and CEO Think Tank will be presented in partnership with the PIC, the biggest asset manager on the African continent with over ZAR 2 trillion $150 billion in assets under management.
Head of Research and Project Development at PIC, Sholto Dolamo, says: “The PIC is pleased to have entered into a relationship with Frost & Sullivan. The PIC’s main objective is to generate alpha for our clients. We believe that our relationship with Frost & Sullivan will assist us to realise part of this objective. In particular, the PIC stands to benefit from Frost & Sullivan’s expertise which includes growth pipeline development, market opportunity analysis, scenario planning, growth strategy and implementation, and mergers and acquisitions.”
The Public Investment Corporation PIC is an asset management firm wholly owned by the government of the Republic of South Africa, represented by the Minister of Finance. PIC’s clients are mostly public sector entities, which focus on provision of social security. Amongst others, these include the Government Employees Pension Fund, Unemployment Insurance Fund and Compensation Commissioner Fund.
