Favourable trade figures between Germany and Africa for 2022 South Africa continues to be Germany’s top trading partner in Africa. Imports from oil-producing countries in Africa are also increasing. German Imports from Africa German-Africa Trade increased significantly in the year 2022. German foreign trade with Africa (both imports and exports) has increased by […]
An economic timeline refers to the scheduled dates of significant releases or events that may affect the movement of a country’s markets in various industry sectors. Foreign investors can therefore use an economic timeline to plan their market entry strategy and time their investments into South Africa. Key outtakes of an economic timeline The economic timeline […]
Thinking of expanding your business activities into a new market? This article will take a closer look at the benefits of attending trade fairs when entering a new market. Trade fairs are a very powerful marketing, research and development medium for companies that are considering expanding their business activities into a new market. Trade fairs […]
SELECTING A DISTRIBUTOR OR AGENT IN SOUTH AFRICA Having operated in the industry for the past 20 years, we have come across many foreign companies that have had trouble finding the right distributor or agent in Africa. For foreign companies to succeed in Africa, the key is to find a distributor partner or agent in […]
The World Bank Group’s Board of Directors has approved South Africa’s request for a loan valued at US$497 Million for decommissioning and repowering of the Komati coal-fired power plant with renewable energy and batteries. International assistance for Energy Transition The last Komati unit was shut down on 31 October. According to national electricity utility Eskom, […]
Western Cape consolidates status as tech hub in South Africa The Western Cape region of South Africa received billions in foreign investment between 2011 and 2021, according to the opposition Democratic Alliance (DA) party. Most recently, the region received ZAR 103 billion in foreign direct investment (FDI) in the technology sector. This consolidated the region’s […]
Helium production – South Africa to become liquid helium producer After recent helium discoveries in the Free State province, the once largest gold mining complex in South Africa, the country is set to become one of just eight worldwide liquid helium producers. The Virginia Gas Project of domestic natural gas producer Renergen started construction in […]
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 […]
