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Cape Town Named as Number One City of Opportunity in Africa

Posted on August 24, 2018 By in Cape Town + Opportunity City + PwC

Cape Town has ranked in the top 31 opportunity cities, placing sixth out of 13 middle-income cities and as Africa’s number one opportunity city, according to a report by PwC.

Of the other middle-income cities on the report, nine of the cities are more than double the size of Cape Town and, aside from Rio de Janeiro, the other middle-income cities were either a capital of its country, or the largest city.

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Blood is Thicker than Water: Exiting Family Business

According to PwC’s latest Global Family Business Survey, only 16% of the 2,378 businesses interviewed had a documented succession plan in place.  It is particularly important for those involved in a family business to consider an exit strategy at the earliest possible stage, especially as the Business Families Foundation reports that only 13% of family businesses make it to the third generation.

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