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.
Bank deposits rising, says regulator
The amount of money deposited in Island banks has risen by nearly two billion over the past two years, according to data from the Island's financial regulator.
Island maintains 'medium high' risk level for money laundering
The government's released a new national money laundering risk assessment for the Island.
Bank lending rises on Island
Total lending by Island banks reached nearly 11 billion by the end of last year.
New motorsports bar advertises for staff in countdown to TT
A new motorsports bar in Douglas has begun advertising for staff.
Adult learning festival heading to Douglas
You can now book your free tickets for this year's Adult Learning Festival.
New cattle tracing system brought in
The first Manx calf has been registered with a new online tracing system, in what government's calling a major milestone for the farming industry.
Port Erin restaurant's planning application for new door
An arcade and restaurant in the south of the Island could be in line for work, if new plans are approved.
Warning issued over imposter website
The Financial Services Authority has issued a scam warning about a fake website.
