ContinuitySA, South Africa's leading business continuity service provider, is rolling out a massive expansion into Africa. The capital expenditure used for the expansion has been funded through pre-existing anchor clients and ContinuitySA.
The aggressive expansion will see ContinuitySA invest in Mauritius and partner with two prominent companies from the island - Mauritius Telecom and specialist ICT industry and office equipment vendor, Blanche, Birger.
In Mozambique, it is rolling out a wholly owned office and recovery centre that will be developed in stages over five years. In all the countries, ContinuitySA will offer a full range of consulting services as well as office and IT recovery solutions. Three years ago, ContinuitySA opened an office in Gaborone, Botswana, and has enjoyed an overwhelmingly positive response from local businesses and government.
“Our expansion is as a result of the implementation of our strategic Africa Initiative in 2007 that focused on identifying opportunities in the business continuity, disaster recovery and BCM consulting arenas across the continent,” said Willem Olivier, Managing Director, ContinuityAfrica. ”Despite the current global economic downturn, business continuity is a growing industry across the world as many companies and organisations realise it is not a luxury but a crucial must have and this includes developing markets.”
ContinuitySA will target companies in the telecommunications, banking and financial services arenas as well as local and international blue chip companies setting up offices in Africa. “Global and South African companies entering the African market are still subject to stringent governance requirements from a host of international risk management standards such as Basel II and Sarbanes-Oxley, among others, and we aim to be their preferred business continuity partner in Africa,” adds Olivier.
ContinuitySA has a good grasp of the Sub-Saharan African business continuity market as it has been involved in drawing up the business continuity guidelines for central banks in other countries. It has also consulted extensively in various African, Indian Ocean and Middle East countries. In addition, the company also runs its highly respected Complete Business Continuity training course in South Africa, which is widely attended by representatives of numerous African banks and government departments. The training course has also been conducted in various countries.
Additional business prospects are also being strategically identified in the Middle East and Africa by ContinuitySA.
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