EY invests in the future with new building

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EY broke ground at the site on which it will develop its new Johannesburg head office. The site is located at 102 Rivonia Road, a stone’s throw away from the iconic Sandton Gautrain station. The building is expected to be completed by December 2013.

“The move is testimony to the growth we are experiencing as a firm, and to our belief in the growth potential we are already seeing in South Africa and across the continent of Africa as a whole,” said Ajen Sita, CEO for EY, Africa at the groundbreaking ceremony.

“EY’s recent 2012 Attractiveness survey for Africa identified positive indicators for growth, and this project shows how real we believe Africa’s growth potential to be. We see it as an investment in Africa’s future.”

EY, which provides assurance, tax, transaction and advisory services to companies and governments, says that the move will place the company at the centre of South Africa’s economic hub, the Sandton central business district. In addition, says Sita, proximity to the Gautrain station provides easy access to OR Tambo International, an increasingly important consideration as the firm’s African business grows.

“While we are increasingly using technology to replace excessive travel in line with our sustainability commitments, an international business on a growth trajectory needs good access to an international airport,” Sita says.

Another important consideration is the need to provide the growing staff complement with better facilities and easier commuting access via the Gautrain and other transport routes that converge on Sandton. “Our people are our competitive differentiator and the foundation of our success,” Sita concludes. “A primary motivation is to provide them with world-class facilities and easy access to transport routes and other facilities.”

About EY

EY is a global leader in assurance, tax, transaction and advisory services. Worldwide, our 152,000 people are united by our shared values and an unwavering commitment to quality. We make a difference by helping our people, our clients and our wider communities achieve their potential.

EY refers to the global organisation of member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. This news release has been issued by EYGM Limited, a member of the global EY organisation that also does not provide any services to clients.

Following on from EY’s successful integration in 2008 of 87 countries into one area from across Europe, Middle East, India and Africa (EMEIA), the firm has launched its Africa Business Center™ (ABC), which aims to enhance the effective and efficient links between its geographic reach and areas of expertise. The firm enjoys representation in 33 countries across Africa.

Web: www.ey.com/za