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FORBES AFRICA has for the second quarter running, come out number one in its category of ‘business and news’ for the Audited Bureau of Circulations of South Africa’s Q2-2016 period. The publication’s average circulation for Q2-2016 stands at 22,813, up 24% from the previous corresponding period. FORBES AFRICA accounts for close to a fifth of the entire category’s circulation.

At the same time, FORBES AFRICA has also come out ahead of its competitors in The
IPSOS Affluent Africa Survey 2016. The independent research study, released 4 August 2016, indicates that FORBES AFRICA reaches 163,000 or 4.7% of the 3.4 million qualifying adults, aged between 25 and 64, across seven markets and that comprise the African affluent.

“What we have managed to achieve in just five short years is truly remarkable. Our success is attributed to the hard work and dedication of our teams from across the continent,” said Sid Wahi, Executive Director at ABN Publishing. “We continue to look forward to developing innovative approaches and quality content for both our readers and advertisers.”

The 2016 findings indicate an increase of 7% from the 2014 survey.

“As the founding editor of this magazine it gives me immense pride to see our circulation figures increasing as we come up to our fifth anniversary. All this at a time when magazine circulation, around the world, is falling. I think this is a tribute to the hard work and determination of our young band of highly talented journalists,” said Managing Editor, Chris Bishop.

FORBES AFRICA’s demand is testament to its engaging content. In the upcoming September edition, FORBES AFRICA travels to Botswana where the country is celebrating 50 years of independence. We investigate the rollout of South Africa’s new stock exchange and speak to some of the players of one of Africa’s newest bourses – the Rwanda Stock Exchange. Additionally, we investigate pharmaceuticals and the war on counterfeits and how the home-grown technology LODOX is gaining popularity among the medical industry worldwide.

Readers can also look forward to FORBES AFRICA’s 5th Anniversary Issue in October, an ICT Outlook supplement in November and Africa’s Richest List featured in the December-January edition.

ABCs Business & News Q2-2016: Forbes Africa circulation: 22813, Entrepreneur circulation: 17839, SA Real Estate Investor Magazine circulation: 16747, Noseweek circulation: 15307, Financial Mail circulation: 15224, Personal Finance circulation: 11459, Finweek circulation: 11019, Your Business Magazine circulation: 9359.

IPSOS Africa Affluent Monthly reach: Forbes Africa reach: 4.7%, National Geographic Magazine reach: 4.2% monthly, African Business reach: 3.2% monthly, NewsAfrica reach: 2.8% monthly, Harvard Business Review reach: 2.6% monthly, The Africa Report reach: 2.5% monthly, Bloomberg Markets reach: 2.2% monthly, New African reach: 1.1% monthly, Le Magazine de l’Afrique reach: 0.6% monthly.

To find out why Forbes Africa is considered the continent’s most compelling business read, grab the next issue on shelves 1st September.

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