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 – 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…
Gas industry South Africa – South Africa’s gas industry has undergone an increase in registered gas practitioners according to the South African Qualification and Certification Committee for Gas (SAQQC Gas) between March 2021 to March 2022. This is testament to the increased demand for gas operated products amongst South African consumers and the demand for…
Invest in South Africa – The month of August 2022 has kicked off with South Africa welcoming a delegation of US investors with more than $1 trillion of assets under management who are looking for renewable energy investment opportunities. The US government’s initiative to increase trade and investment between African nations and America, started Tuesday…
Expanding into Africa – Expanding your business ventures into new territories such as Africa can be a scary task. Many companies are often apprehensive in taking the leap in fear of the unknown. As a service provider that has been assisting foreign companies with entering African markets for the past 20 years, we would like…
Benefits of outsourcing – outsourcing can bring great benefits to companies, but there are also risks and challenges in negotiating and managing outsourcing relationships. From SMEs to large corporations, businesses of all sizes can use outsourcing to grow and expand their business while keeping costs as low as possible. What is outsourcing? Outsourcing is a…
Investing in South Africa – South Africa is considered the most advanced, diversified and productive economy in Africa. With one of the most business-friendly environments on the continent, South Africa is a logical and attractive option for international companies looking to enter the African market. The country has over 60 million inhabitants and covers 1.22…
Expand business activities into Africa – Global companies often look to Africa when thinking about expanding their business activities into new territories. With the rapid growth that African countries have been undergoing over the past 5 years, the continent offers many business opportunities to foreign investors. How foreign companies enter a new market often determines…
(German version below) South African President, Cyril Ramaphosa, announced that the country has initiated a green hydrogen project together with energy giant, Sasol and the Industrial Development Corporation. In his media address that took place on 24 May 2022, the president said that the project would receive support from the German government with the objective…
In June 2021, South Africa’s president Cyril Ramaphosa announced that South Africa’s private electricity production threshold was increased to combat the country’s electricity shortage. This was done by amending Schedule 2 of the Electricity Regulation Act to increase the threshold for private power generation of licence holders from 1 MW to allow private 100 MW…
