More than 35 of the largest South African companies are now operating on the Island.
That's according to a Business Tech article, which features director at IOM Opportunities, Marnie Delaney-Parker.
Marnie told 3FM that the Island is an easy place to move to, especially as a start-up business as it's one of the only places where you don't need an investment.
She adds that what attracts businesses is the funding, grants and enouragement the government offers.
Island bank deposits rise 7.8% in a year
The amount of money held by Island-based banks has increased over the last year.
Company launches direct ski holidays from Ronaldsway
A Guernsey travel business has announced it's starting direct ski holidays from the Isle of Man.
Royal show launches survey for traders
The organisers of the Royal Manx Agricultural show have launched a survey following this year's event.
Manx firm places billion-dollar order with Chinese shipbuilder
A Manx company's signed a billion-dollar deal with a Chinese shipyard for 10 new ships.
Cyber recovery and security event this week
IT professionals are being invited to a cybersecurity event this week.
Island included in book about bypassed tourist spots
The Isle of Man's been featured in a new book about lesser-visited holiday destinations.
UK Dandara subsidiary loses £5.4 million tax court battle
A UK court has ruled corporation tax applies to profits made by a Manx-based company.
Peel Ports gets new chief operating officer
The owner of Dublin, Heysham and Liverpool ports has a new chief operating officer.
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