Four island companies are planning a return trip to South Africa to host their second roadshow.

The four organisations will visit Johannesburg and Cape Town to deliver a variety of events all aimed at promoting the Isle of Man and its finance sector.

The firms are Peregrine Corporate Services Limited, Maitland Group, Capital International Group and Optimus Group.

Events being lined up will include question and answer panel sessions, private dinners and informal breakfast meetings.

A spokesman said the aim is to provide delegates with more information about overcoming the challenges of establishing and running Isle of Man structures and pensions, inform guests about the ’Isle of Man journey’, and to continue building long-standing relationships between the two countries.

A delegation from the Isle of Man which will travel out to South Africa ahead of the roadshow will include Basil Bielich and Kate Parrish (both of Peregrine), Antony Kelsey (Capital), Colin Bird (Maitland), and Dave Thomas and David Stephenson (both of Optimus).

They will be met in South Africa by David Noon and Helen Jones (both of Capital), and Anthea Stephens (Maitland). Mr Bielich said: ’I’m pleased that our first roadshow in February was a great success.

’A lot of time and hard work went into organising the trip and I think that showed in the level of positive feedback received from those who attended the events.

’Our first trip was about promoting the Isle of Man and what it has to offer as a jurisdiction; this time round we are keen to build on that but we would also like to go into more depth about topical things we are facing such as tax transparency and economic substance.

’We are looking forward to welcoming our guests to our events in Johannesburg and Cape Town and are feeling positive about our trip.’

It will take place between October 8 and 11.