Market entry and growth in Africa is an exciting prospect for businesses looking to expand into dynamic and rapidly evolving markets. Africa, as the second-largest continent, offers immense potential for companies across various industries. The 2024 GDP projections highlight Africa’s economic growth, with key economies such as South Africa, Nigeria, and Egypt leading the way.…
Recent economic indicators suggest that South Africa may be reaching a pivotal moment for job growth and economic recovery. October’s Absa Purchasing Managers’ Index (PMI) showed a slight decrease to 52.6 but remained above 50 for the second consecutive month, suggesting that manufacturing activity continues to expand, though at a cautious pace. The Bureau for…
This article explores the growing trade and investment partnership between South Africa and Nigeria, two of Africa’s largest economies. It highlights the opportunities for European businesses seeking to expand into Africa, particularly in sectors such as financial services, manufacturing, digital economy, and energy. The piece also discusses initiatives like the South Africa-Nigeria Joint Ministerial Advisory…
South Africa is experiencing a promising shift in its economic landscape, thanks to the Government of National Unity’s (GNU) commitment to revitalizing growth and attracting foreign investment. Aspen Pharmacare’s recent activities underscore South Africa’s investment potential as a growing hub for international interest, particularly in the pharmaceutical sector. At the recent Southern Africa & Indian…
Erkunden Sie die transformativen Möglichkeiten, die sich durch die „African Continental Free Trade Area“ (AfCFTA) für deutsche KMU in Afrika ergeben. Entdecken Sie, wie eine Partnerschaft mit südafrikanischen Unternehmen den Marktzugang verbessern, das Wirtschaftswachstum vorantreiben und finanzielle Hürden mit maßgeschneiderten Beratungsleistungen, einschließlich des BAFA-Beratungsgutscheinprogramms, überwinden kann. Kontaktieren Sie InterGest Südafrika noch heute, um Ihr Potenzial…
The BRICS Summit The recent BRICS summit, held in Kazan, Russia, from October 22–24, 2024, showcased the bloc’s ambition to reinforce itself as an influential alternative to Western-led institutions. This high-profile gathering included representatives from 36 countries, featuring new members such as Iran, Egypt, and Saudi Arabia. Key discussions centered on strengthening economic and financial…
Expanding into Africa presents immense opportunities, but navigating the complexities of a diverse continent with unique economic, regulatory, and cultural environments can be daunting. This is where outsourced service providers play a pivotal role, offering valuable expertise and resources to ease the market entry process. At the heart of this process is the concept of…
In South Africa, the role of a public officer is essential for ensuring that companies comply with tax regulations and maintain proper communication with the South African Revenue Service (SARS). Serving as the company’s representative for tax purposes, the public officer plays a critical role in managing tax obligations. This article delves into the responsibilities…
South Africa’s 2030 National Development Plan 🌍 In 2012, South Africa launched the National Development Plan serving as a Vision of an inclusive economy by the year 2030. In this plan, specific drivers to success are mentioned such as job creation, infrastructure support and reduced economy inequality. This week, InterGest South Africa checked in on…
Expanding into new markets is an exciting yet challenging endeavour for businesses. Whether you’re a startup looking to grow or an established company seeking new opportunities, understanding the intricacies of a new market is essential. Market research for new markets plays a pivotal role in this process, providing valuable insights that can make the difference…
