CAPE TOWN, South Africa, Aug. 17, 2018 /CNW/ -- The 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 (USD 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 & acquisitions."
For further information about the 2018 African Awards Banquet and CEO Think Tank, contact Frost & Sullivan's Director of Best Practices Licensing for Middle East & Africa, Birgitta Cederstrom on Birgitta.Cederstrom@frost.com
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, collaborates with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that could make or break today's market participants. For more than 50 years, Frost & Sullivan has been developing growth strategies for the global 1000, emerging businesses, the public sector, and the investment community.
About Public Investment Corporation
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.
Established in 1911, the PIC ranks amongst the best and successful asset management firms in the world and is by far the biggest in Africa. The PIC runs one of the most diversified portfolios, which is made-up of multiple asset classes. These assets include listed equities, real estate, capital market, private equity and impact investing. Through listed investments, the PIC controls over 10% of the Johannesburg Stock Exchange and has direct and indirect exposure to almost all sectors of the South African economy. The corporation has a mandate to invest in the rest of the African continent and beyond. Over and above generating financial returns for clients, through its impact-investing programme, the PIC seeks to generate social returns by investing in projects that ensure inclusive growth. The PIC supports the United Nations' Sustainable Development Goals and considers environment, social and governance issues in all its investments.
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SOURCE Frost & Sullivan