PAPSS

Cross-border payments – The Pan-African Payments and Settlement System (PAPSS)

PAPSS – Transforming cross-border payments in Africa In January 2022, the Pan-African Payments and Settlement System (short PAPSS) was formally launched. PAPSS originated from a joint initiative of the African Continental Free Trade Area (AfCFTA) Secretariat, the African Export-Import Bank and the African Union (AU), is headquartered in Cairo, Egypt and is administered by the […]

Employer of Record

Employer of Record – A Go2Africa-Service

Employer of Record – Hire Staff and successfully do business in Africa without an incorporated entity. InterGest South Africa offers a service called Go2Africa –also known as an “Employer of Record” or EOR.  The service includes InterGest South Africa becoming the legal employer of a worker in certain African countries. This means that we take […]

South Africa

Energy – South Africa removes license rules for Private Power Generators

Abolition of license requirements to build power plants of any size To combat the country’s energy crisis, South Africa’s President Cyril Ramaphosa announced the lifting of private power generation thresholds, making it easier for private companies to build private power plants of any size and sell it to the national grid. The President is confident […]