PricewaterhouseCoopers LLP (PwC)
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Africa’s entertainment and media industry enters dynamic new wave of convergence – 3.0

By 2022, total E&M revenue in South Africa is expected to reach R177.2 billion, up from R129.2 billion in 2017

Africa’s entertainment and media industry has entered a dynamic new phase - a third wave of convergence. The borders that once separated the entertainment and media (E&M), technology and telecommunications industries are blurring in the battle for the attention of the consumer in a world that is rapidly digitising. As…

PricewaterhouseCoopers LLP (PwC)
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User experience takes centre stage in Africa’s entertainment and media industry: PwC report

The Outlook is a comprehensive source of analyses and five-year forecasts of consumer and advertising spending across five countries

Amid shifting consumer preferences, rapid advances in technology and ongoing disruption to business models, the new strategic imperative for entertainment and media (E&M) companies is to turn customers into fans – by innovating to create the most compelling, engaging, and intuitive user experiences. Significant shifts are underway in how Africa’s…

PricewaterhouseCoopers LLP (PwC)
Source: PricewaterhouseCoopers LLP (PwC) |

Opportunities abound for foreign investment in Africa’s hospitality sector

The emerging markets are set to post faster growth in revenue than their counterparts in developed countries, making them integral to the expansion strategies of some of the world’s leading hotel developers

The hospitality sector in Africa’s emerging markets looks set to profit from foreign investment and an influx of foreign travellers. The emerging markets are set to post faster growth in revenue than their counterparts in developed countries, making them integral to the expansion strategies of some of the world’s leading…

PricewaterhouseCoopers LLP (PwC)
Source: PricewaterhouseCoopers LLP (PwC) |

Africa’s hospitality sector withstands economic headwinds

PwC’s 7th edition of the ‘Hotels Outlook: 2017-2021’ projects that South African hotel room revenue will grow by 10.1% in 2017 to R17.5 billion

South Africa’s hospitality sector is poised for further growth in the next five years bolstered by inbound travelers amid a difficult and volatile economic climate. Pietro Calicchio, Hospitality & Gaming Industry Leader for PwC Southern Africa (www.PwC.co.za), says: “Africa’s hotel sector has remained resilient in the face of strong economic…

PricewaterhouseCoopers LLP (PwC)
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Africa’s CEOs seize the opportunities that uncertainty brings

CEOs will need to focus on their business strategies and processes and will be expected to play a part in the broader community

Notwithstanding the current economic and socio-political uncertainty, numerous companies in Africa are still positive about the growth potential of the continent. PwC (www.PwC.com) research across the continent shows that 91% of CEOs are confident about their own companies’ growth prospects in the medium term. “This is the highest level of…

PricewaterhouseCoopers LLP (PwC)
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Non-executive directors in Africa expected to become specialised professionals in the foreseeable future: PwC NEDs report

PwC’s 10th edition of the ‘Non-executive directors: Practices and fees trends report,’ issued today continues with its annual review of fees paid to non-executive directors on JSE listed companies, as well as several African stock exchanges and an analysis of non-executive fees paid to the FTSE 100

Africa’s boards remain under significant pressure to continually transform and to ensure that they have the right expertise, experience and diversity to be an effective board in today’s rapidly-changing business environment. Gerald Seegers, Head of People and Organisation for PwC Africa, says: “Within the foreseeable future the makeup of the…

PricewaterhouseCoopers LLP (PwC)
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A World of Differences: Five Shifts Set to Shape the Future of Africa’s Entertainment & Media Industry

The Outlook presents annual historical data for 2011 – 2015 and provides annual forecasts for 2016 – 2020 in 11 entertainment and media segments for South Africa, Nigeria, and Kenya

The Internet, video games, television, and filmed entertainment segments of sub-Saharan Africa’s entertainment and media industry are projected to continue to grow in the following years but the publishing industry is having to work very hard to make any headway, according to PwC’s (www.PwC.com) Entertainment and media outlook: 2016 – 2020…

PricewaterhouseCoopers LLP (PwC)
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South Africa’s Hotel and Tourism Sector Set for Steady Growth as Visitor Numbers Continue to Grow: PwC Outlook

The new visa regulations had a sharp impact on the South African tourism industry

South Africa’s hotel industry is set for steady growth in the next five years driven by an increase in the number of foreign visitors into the African continent. Pietro Calicchio, Industry leader of Hospitality & Gambling, PwC Southern Africa (www.PwC.com), says: “Although the South African economy has weakened considerably, the…

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Technological innovation will act as a catalyst in boosting productivity and growth in Africa’s agribusiness sector: PwC Agribusiness report

Agriculture is currently standing on the edge of a second green revolution. This revolution will entail fundamental shifts in how the agricultural sector utilises and implements innovative technology to improve output in a sustainable manner and address the need for greater food security globally. These are some of the highlights…

PricewaterhouseCoopers LLP (PwC)
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Growth is on the African Business Agenda - PwC report

Africa remains one of the preferred frontiers for investment opportunities and doing business, according to a report released by PwC Africa today

Africa remains one of the preferred frontiers for investment opportunities and doing business, according to a report released by PwC Africa today (www.PwC.com). Growth and foreign direct investment has continued in Africa amid the recent global economic uncertainty. Download the report: http://www.apo.af/GQ1wcC This is confirmed by PwC’s Africa Business Agenda…