Africa’s New Economic Horizon: The COMESA-EAC-SADC Tripartite Free Trade Agreement Takes Effect On July 25th, 2024, Africa witnessed a historic milestone as the Common Market for Eastern and Southern Africa (COMESA), East African Community (EAC), Southern African Development Community (SADC) Tripartite Free Trade Area (TFTA) Agreement officially came into force. This landmark agreement, which has…
In today’s competitive business environment, companies require efficient and reliable accounting services to ensure compliance, maintain transparency, and support strategic decision-making. InterGest South Africa is a leader in providing outsourced accounting services in South Africa, offering a comprehensive range of solutions tailored to companies of all sizes. Comprehensive Outsourced Accounting Services in South Africa Our…
South Africa’s growing legislative landscape is growing rapidly to foster a more conducive environment for business and investment. Recently, President Cyril Ramaphosa signed significant amendments to the Companies Act of 2008, the Climate Change Act, and the Public Procurement Act into law. These reforms are designed to streamline operations, enhance transparency, and promote sustainability. In…
South Africa stands its ground as an economic growth hotspot on the African continent. With its dynamic economy, improving infrastructure, and strategic position, the country offers numerous opportunities for investors and businesses alike. In this article, we explore South Africa’s economic potential and opportunities that make this market an attractive destination for foreign companies to…
South Africa’s Global Competitiveness stands as a beacon of economic resilience and opportunity on the African continent, distinguished by its strategic location, diverse economy, and rich natural resources. In recent years, the country has been actively enhancing its global competitiveness across various sectors, solidifying its position as a key player in the global economy. Let’s…
South Africa as a business destination has consistently been a top contender for opportunities on the African continent, providing a dynamic environment for business expansion. With its rich natural resources, sophisticated financial systems, and strategic position as a gateway to the rest of Africa, South Africa is uniquely positioned to attract foreign investment. The country’s…
We are excited to announce that Keitumetse Modau has joined InterGest South Africa as a valuable addition to our accounting department. With over 8 years of experience in the professional services industry, Keitumetse brings a wealth of knowledge and expertise to our team, further strengthening our commitment to providing exceptional service to our clients. InterGest…
Explore the key manufacturing sub-sectors driving South Africa’s economy through the creation of employment opportunities and contribution to the nation’s GDP. For foreign investors, the sector presents a variety of lucrative opportunities across several key sub-sectors. This article aims to provide a comprehensive overview of South Africa’s key manufacturing sub-sectors and highlight why they are…
South Africa’s manufacturing sector is showing signs of recovery, with recent data indicating positive developments. According to a report from StatsSA, manufacturing production increased by 1.9% in November 2023 compared to the same month in 2022. Seasonally adjusted manufacturing sales also rose by 2.1% over the past three months. This growth signifies a gradual return…
South Africa, with its well-developed infrastructure, strategic location, and diversified economy, presents significant opportunities for industrial growth. As businesses seek to expand their operations, several key locations in the country stand out for their potential to foster industrial development. Here are some of the top locations for industrial growth in South Africa: INDUSTRIAL POLICY SUPPORT:…
South Africa’s manufacturing landscape has long been a cornerstone of its economy, contributing significantly to employment and economic activity. However, recent trends indicate a shift in this landscape, with various challenges impacting profitability and job security within the industry. Despite these hurdles, the sector remains vital, especially in key regions such as Gauteng, Johannesburg, Ekurhuleni,…
Auf der Suche nach Wachstum und globaler Marktpräsenz werden Unternehmen auf der ganzen Welt von der Attraktivität einer internationalen Expansion verführt. Ausländischen Unternehmen, die neue Märkte erschließen, bieten sich beispiellose Möglichkeiten, neue Kunden zu gewinnen und ihre Gewinnmargen zu steigern, doch sie sehen sich einer Landschaft voller inhärenter Risiken gegenüber. Um einen erfolgreichen Weg zur…
Embark on your African business journey with confidence, backed by the strength of InterGest South Africa, a part of the InterGest Worldwide Group. With a vast network spanning 50 countries and 45 partners worldwide, we specialiSe in delivering tailored outsourced solutions for global enterprises, from accounting to HR, payroll to tax compliance, ensuring seamless operations…
Staffing a business in South Africa requires a comprehensive understanding of the country’s intricate labour laws and regulations. The country’s labour laws are governed by a combination of legislation and common law that is designed to protect the rights of workers and to ensure fair labour practices. It is imperative that foreign companies establishing a…
Navigating tax compliance obligations is a critical aspect of maintaining a robust financial framework for any business entity incorporated in South Africa. Among the various requirements, the accurate completion of the annual Income Tax Return (ITR14) stands as a cornerstone. Recently, the South African Revenue Service (SARS) introduced updated guidelines, imposing detailed reporting standards pertaining…
In recent years, South Africa has witnessed a significant surge in mergers and acquisitions activity across various sectors. According to DealMakers, South Africa’s M&A publication, the first quarter of 2023 saw M&A deals in South Africa valued at R31.72 billion with a deal volume of 59 deals. Mergers and acquisitions play a pivotal role in…
In recent years, Sub-Saharan Africa has emerged as one of the fastest-growing consumer markets in the world. As the world continues to develop, Sub-Saharan Africa has not been left behind in the adoption of new trends, particularly in the consumer space. Notable changes in consumer behaviour and preferences across the region have caught the attention…
This article is tailored for African investors seeking opportunities beyond the continent’s borders. In collaboration between InterGest South Africa and InterGest South Asia, we offer a concise overview of India’s market landscape and potential for expansion. India’s thriving economy presents a vast array of opportunities for South Africa to deepen its economic ties and explore…
This article explores the dynamic landscape of M&A between South African and Indian companies iscover the opportunities and challenges in South Africa’s M&A market, regulatory framework, and the benefits for Indian firms. Learn about access to emerging markets, resource acquisition, expanded consumer bases, strategic partnerships, and talent acquisition. Unlock growth opportunities and expand your global…
Die neuen Richtlinien zum Förderprogramm „Africa Consulting Vouchers“ sind da, eine vom Bundesamt für Wirtschaft und Ausfuhrkontrolle (BAFA) bis zum 31 Dezember 2027 gefördert Initiative. Ziel der Änderung ist es, kleinen und mittleren Unternehmen den Eintritt in afrikanische Märkte zu erleichtern. InterGest South Africa freut sich, die neuen BAFA-Förderrichtlinien bekannt zu geben! Als gelistetes Beratungsunternehmen des Förderprogramms…
Sind Sie ein kleines bis mittleres Handelsunternehmen mit der Ambition, Ihre Geschäftsaktivitäten auf afrikanische Märkte auszuweiten? Das Bundesministerium für Wirtschaft und Klimaschutz (BMWK) und das Bundesministerium für Wirtschaft und Ausfuhrkontrolle (BAFA) bieten für Unternehmen wie Ihres eine unschätzbare Chance, individuelle Beratung und Unterstützung zu erhalten. Die Afrika-Beratungsgutscheine sollen den Zugang zu spezialisierten Beratungsdiensten erleichtern und…
South Africa’s healthcare sector stands at the forefront of a transformative era, driven by demographic shifts, technological advancements, and an increasing demand for quality healthcare services. As the country continues to grapple with challenges such as accessibility, affordability, and the burden of diseases like HIV/AIDS and tuberculosis, it simultaneously presents new market entry opportunities in…
Das Bundesministerium für Wirtschaft und Klimaschutz (BMWK) hat sein BAFA-Förderprogramm „Beratungsgutscheine Afrika“ verlängert. Die Förderung in Höhe von 49.572 Euro richtet sich an deutsche kleine und mittlere Unternehmen (KMU), die an einer Expansion in den afrikanischen Markt interessiert sind. Beratungsgutscheine Afrika:Sie sind ein deutsches kleines oder mittleres Unternehmen (KMU) und an einem Markteintritt in den…
“Delve into strategic considerations for expanding healthcare into Africa with this insightful article. From comprehending diverse healthcare landscapes to navigating regulatory challenges, building key partnerships, and investing in innovation, uncover vital insights for unlocking growth opportunities while managing operational risks in this dynamic market.” As global healthcare landscapes evolve, opportunities for expansion into Africa are…
Discover the key highlights and fiscal strategies outlined in South Africa’s 2024 Budget Speech. Explore the implications for tax management, expenditure, and economic growth, and learn how InterGest South Africa can assist with tailored tax advisory services. Insights into the 2024 Budget Speech delivered by Finance Minister Enoch Godongwana has stirred discussions across South Africa,…
The article provides a comprehensive overview of the regulatory landscape governing cosmetics in South Africa. It covers key aspects such as the legal framework, categories of cosmetics, safety standards, product information requirements, labelling regulations, advertising guidelines, and penalties for non-compliance. The aim is to educate readers on the stringent regulations in place to ensure consumer…
The landscape of healthcare is constantly evolving, with technology becoming a driving force, transforming how we access, receive, and perceive medical services. South Africa’s healthtech approach to healthcare, is making significant strides in the of HealthTech, particularly in areas like telemedicine, health apps, and innovations enhancing access to healthcare services. As South African companies expand…
The European Commission (EC) and the African Development Bank Group have solidified a groundbreaking Financial Framework Partnership Agreement, aimed at funding infrastructure projects throughout Africa. This renewed collaboration underscores a significant increase in the European Union’s contributions to co-finance operations with the African Development Bank over the past two years, now totalling 972 million EUR…
This article discusses the recent endorsement of an Economic Partnership Agreement (EPA) between the European Union (EU) and Kenya. It highlights the continents efforts to continue driving sustainable trade and development through the agreement’s aims to boost bilateral trade, attract investments, and foster sustainable economic growth. Key elements of this Economic Partnership Agreement include commitments…
Stay compliant with Annual Returns in South Africa by ensuring timely reporting of Beneficial Ownership information. Learn about the new requirements and consequences of non-compliance. Contact InterGest South Africa for expert assistance today. In a significant regulatory update, the Companies and Intellectual Property Commission (CIPC) of South Africa has implemented mandatory Beneficial Ownership compliance…
South Africa has emerged as a potential leading hub for sustainable technology and green initiatives on the African continent through its efforts to showcase a commitment to environmental conservation and growing renewable energy adoption. The implementation of local innovative renewable energy projects and increased tech-driven solutions for environmental challenges, has enabled the nation to make…
Digital transformation stands as a cornerstone for global expansion strategies. As companies venture into new markets and strive to unlock growth opportunities, technology plays a pivotal role in shaping their journey toward success. This holds particularly true for InterGest South Africa, where embracing technological advancements has become a driving force behind our commitment to delivering…
This article highlights the introduction of the Advance Import Payment (AIP) Notification by the South African Revenue Service (SARS) as part of its Customs Modernisation Programmes. In collaboration with the South African Reserve Bank (SARB) and authorised dealers in foreign exchange. In an effort to modernise customs processes and combat illicit financial activities, the South…
South African enterprises are steering their course towards innovation and growth through digital transformation and their trends seen in South Africa. Embracing the latest technologies, companies in South Africa are undergoing a shift in their operations and strategies. In this blog post, we will explore the digital transformation trends in South African businesses, with a…
In recent years, South Africa has emerged as a vibrant hub for tech startups, fostering a dynamic ecosystem that thrives on innovation and entrepreneurship. This article explores the success stories, incubators, accelerators, and the pivotal role of technology in driving innovation within South Africa’s burgeoning startup landscape. Success Stories: South Africa boasts a growing number…
In our interconnected world, international trade has become the backbone of global economies, fostering growth, innovation, and collaboration. However, the complexities of engaging in cross-border transactions called for a unique and well-structured approach. Our experts at InterGest South Africa have uncovered the essential best practices in global trade, offering their insights to help businesses thrive…
In an era defined by rapid globalisation, foreign companies seeking to expand into new territories face an evolving landscape shaped by emerging global trends. The intersection of technology advancements, socio-economic shifts, and changing consumer behaviours creates both opportunities and challenges for businesses venturing into uncharted markets. Understanding and adapting to these trends are imperative for…
Embarking on international business ventures requires research and understanding of cultural differences. Europe and South Africa, while both rich in diversity, possess unique cultural landscapes that can significantly impact business interactions. Through our years of experience in the industry, we have come to recognise just how important it is to know the area in which…
In the pursuit of growth, and global market presence, businesses globally are enticed by the appeal of international expansion. Foreign companies considering new markets are presented with unparalleled opportunities to gain new customers and boost profit margins, yet they face a landscape filled with inherent risks. Understanding and mitigating these risks is pivotal in charting…
Entering a new market is a bold venture that requires strategic planning, resource allocation, and a deep understanding of local dynamics. In the modern business landscape we operate, many companies are recognising the advantages of leveraging outsourced service providers to facilitate their entry into uncharted territories. In order to better understand the benefits of using…
Expanding into new markets offers unparalleled opportunities for companies seeking growth and diversification. For foreign businesses that are eyeing entering the African continent in 2024, South Africa stands as a land of endless opportunities and potential. With its rich cultural heritage and diverse market landscape, the Rainbow Nation presents a compelling destination for business expansion.…
Entdecken Sie die faszinierenden Einblicke in den Solarenergieboom Südafrikas im Gespräch mit Volker Werth, Vertreter des BVMW-Büros in Südafrika. Wir untersuchen die Faktoren hinter dem Interesse, politischen Änderungen und Bemühungen, die Rolle der Solarenergie in der Energielandschaft des Landes zu stärken. Begleiten Sie uns, wenn wir die Marktlücke aufdecken und Möglichkeiten aufzeigen, die ausländischen Investoren…
Aus Südafrika sind aufregende Neuigkeiten zu vernehmen, da das Kabinett des Landes kürzlich eine bahnbrechende Strategie verabschiedet hat, die die Zukunft des grünen Wasserstoffs zu gestalten verspricht. Die „Green Hydrogen Commercialisation Strategy“ (GHCS) soll Südafrikas Status als wichtiger Akteur bei der Produktion und dem Export von grünem Wasserstoff stärken, eine bedeutsame Entwicklung mit tiefgreifenden Auswirkungen…
Der südafrikanische Fertigungssektor ist seit langem eine tragende Säule der Wirtschaft des Landes, entwickelt sich ständig weiter, expandiert und spielt sowohl auf den lokalen als auch auf den globalen Märkten eine entscheidende Rolle. In diesem Artikel untersuchen wir, warum Südafrika als Produktionszentrum auf dem afrikanischen Kontinent glänzt und warum es das wichtigste Ziel für ausländische…
We are excited to bring you the latest updates on the groundbreaking AU-EU Space Dialogue that recently unfolded. This three-day high-level event, held between October 24 and 26, 2023, served as a platform for prominent space stakeholders from Africa and Europe to engage in knowledge sharing and collaboration on key space-related initiatives. The Space Dialogue…
In a significant move towards fostering renewable energy adoption and reducing the carbon footprint, South Africa is introducing and expanding its tax incentives to promote renewable energy investments in the country. The recent developments in tax legislation present an exciting opportunity for companies seeking to embrace sustainability while enjoying substantial tax benefits. South Africa has…
Südafrikas medizinische Industrie: Trends, Herausforderungen und Wachstum Die medizinische Industrie in Südafrika ist eine vielschichtige und komplexe Landschaft, die eine entscheidende Rolle für das Wohlergehen der Bevölkerung des Landes spielt. Mit einer Geschichte voller Erfolge und Herausforderungen ist es ein Sektor, der flexibel bleibt, um den sich verändernden Gesundheitsbedürfnissen einer vielfältigen und wachsenden Bevölkerung gerecht…
Der Haarpflegemarkt in Subsahara-Afrika hat in den letzten Jahren erhebliche Veränderungen und Entwicklungen erfahren. In der Vergangenheit dominierten multinationale Marken, die sich hauptsächlich auf die in der Region üblichen Haartypen (Typ-1- und Typ-2-Haare) konzentrierten. Heute gibt es eine Verschiebung dahingehend, auf die Bedürfnisse von Verbrauchern afrikanischer Abstammung mit unterschiedlichen Haartypen einzugehen, insbesondere auf Typ-3- und…
Requirements for exporting beauty products to South Africa If your company is based overseas and holds an interest in exporting beauty products to South Africa, this comprehensive article is tailored to your needs. Delving into the realm of cosmetic regulatory practices within South Africa, this piece furnishes an insightful guide on the imperative Cosmetic Products…
“Discover the lucrative opportunities awaiting European companies in South Africa. With its diverse economy, stable business environment, and strategic location and collaborative ecosystem , this vibrant nation serves as a gateway to the thriving African market. Embrace the benefits of collaboration, skilled workforce, and regional trade agreements for successful expansion and growth.” In this article,…
This report provides a comprehensive analysis of South Africa’s cosmetic market, including statistics on market growth, market value, consumer demand, market size, and additional compelling factors for international companies to consider expanding their business into the country’s cosmetic industry. The report showcases the vibrant potential of South Africa’s cosmetic market and its attractiveness for international…
In den letzten Jahren verzeichnete Südafrika in verschiedenen Sektoren ein deutliches Wachstum der Fusions- und Übernahmeaktivitäten (M&A). Laut DealMakers, der südafrikanischen M&A-Publikation, gab es im ersten Quartal 2023 M&A-Deals in Südafrika im Wert von 31,72 Milliarden Rand mit einem Geschäftsvolumen von 59 Deals. Fusionen und Übernahmen spielen eine zentrale Rolle in der Wirtschaft des Landes,…
In recent years, the beauty industry has experienced a significant shift, with Generation Z (Gen Z) emerging as a powerful force driving change and making demands for authenticity. Among the various trends and product preferences, African beauty products have captured the attention and admiration of this generation. These products possess distinct qualities that resonate deeply…
The logistics sector in 2023 resembles none of its predecessors and stands out as a dynamic and efficient market. South Africa’s delivery systems have grown to a standard which offers reliable supply chain management and has also welcomed the wave of automation which is taking many industries by storm. In this post we explore how…
Sie sind ein deutsches Unternehmen und möchten Ihre Geschäftstätigkeit nach Afrika ausdehnen? Die Beratungsgutscheine Afrika bieten deutschen KMU’s die Möglichkeit sich bezüglich einer geschäftlichen Aktivität auf dem afrikanischen Kontinent wie z.B. Markteintritt oder marktexpansion von spezialisierten Unternehmen beraten zu lassen. Bis Dezember 2023 wird eine Förderung von jährlich bis zu 45.000 Euro an anspruchsberechtigte…
Operating in 2023 has brought with it new, dynamic means of business, not only locally, but internationally. In the digital landscape we find ourselves in, South Africa has been able to not only witness but also engage. As access to technology grows and E-Commerce platforms grow in productivity, the convenience, variety and affordability offered by…
A Key to business success in South Africa The world today is abuzz with fast-paced and highly competitive business environments in all fields. This is where B2B (business-to-business) supply chain optimisation of operations could prove crucial to achieving success. For businesses in South Africa, this means implementing B2B supply chain optimization strategies that can help…
The farming sector globally is feeling the squeeze as pressure is increasing on traditional agricultural methods which farmers have come to know inside and out. With this shortage of fertile land and water becoming more apparent, we look at how the growing technology trends may positively affect the vertical farming systems in South Africa. The…
As technology continues to advance, various sectors are exploring innovative ways to revolutionise agriculture. In Sub-Saharan Africa specifically, agriculture plays a vital role in food security and economic development. Due to this, automated animal product harvesting could present a promising opportunity. The most popular animal products used in this region include milk, eggs, leather and…
As the world grapples with the challenges of climate change and the need for sustainable energy solutions, Sub-Saharan Africa has emerged as a region with immense potential for renewable energy, channeling energy creation from animal waste. With its abundant livestock population and the pressing need for reliable energy sources, harnessing the power of animal waste…
In recent years, Sub-Saharan Africa has emerged as one of the fastest-growing consumer markets in the world. As the world continues to evolve Sub-Saharan Africa has not been left behind in the adoption of new trends, particularly in the consumer space. Notable changes in consumer behaviour and preferences across the region has come to the…
The animal pharmaceuticals and medical care market in Africa has been seen on the incline in recent years, mainly driven by the increase in demand for livestock products. With this demand comes the need to prevent and control animal spread diseases. But with this being a diverse and complex industry, having the right partner to…
When companies are looking to expand their business into South Africa, they often have many questions regarding an Employer of Record. These span from what their legal obligations are in terms of establishing a permanent presence in the country, all the way to the different options available for managing their employment obligations. InterGest South Africa…
The veterinary industry is an essential sector that serves to protect the health and well-being of all animals. This leads us to unlock the potential that the booming veterinary industry and equipment demand in Africa and South Africa offers. In Africa and South Africa, this industry has significant potential due to the large number of…
Maize meal is an essential staple food in many countries across Sub-Saharan Africa. With a rapidly growing population and increasing demand for food security, the growth and investment opportunities of maize in Sub-Saharan Africa becomes palpable. This article explores the potential of the maize meal industry in Sub-Saharan Africa and highlights some of the key…
The agricultural industry in Africa faces various challenges such as limited access to financing, unpredictable weather patterns, and restrained infrastructure capabilities. To address these challenges, African farmers are turning to smart tech farming solutions. Smart tech farming includes precision agriculture, drones, AI, smart irrigation, livestock monitoring, and agribusiness management software. These technologies help farmers make informed decisions, increase yields, and reduce waste. Although there are challenges to implementing smart tech farming in Africa, such as limited technological access and knowledge, many organisations are promoting the adoption of these technologies. By investing in smart technology in African agriculture, foreign investors can contribute to sustainable development, increase productivity, and reduce the impact of climate change.
Food Security in Africa has always faced many challenges however, with the new kid on the block of Hydroponic Farming in Africa this could be a turning point for farmers and agriculturalists. Population increases, climate change, fluctuating rain levels and trade limitations all stand to threaten African crop yields which could result in low farming…
How African Businesses Can Embrace Sustainability for a Better Future In recent years, the need for sustainable business practices has become increasingly apparent through the introduction of “Closing The Green Gap”. As the world grapples with the realities of climate change and the impact it has on our planet, companies have come to realise that…
The African continent has seen tremendous growth in recent years, this is partially led by the digital revolution and the adoption of new technologies driving African Growth. As the continent’s digital landscape evolves, so does the way that local and foreign companies do business in Africa. Route-to-market strategies are therefore becoming increasingly critical for companies…
Organic farming is a sustainable agricultural practice that has gained popularity in Africa in recent years due to its benefits for farmers, consumers, and the environment. Organic farming reduces the use of synthetic chemicals and pesticides, promotes biodiversity and ecological sustainability, and enhances food security. However, there are several challenges that limit its adoption and expansion in Africa, including the lack of technical know-how, infrastructure and equipment, and competitiveness with conventional farming practices. Despite these challenges, there is a growing interest in sustainable agriculture and organic farming practices across the continent, providing opportunities for foreign investors in South Africa. The country has a favourable climate and soil conditions for organic farming and the government is actively promoting organic farming and providing support to farmers. Additionally, there are several stores in South Africa that sell organic farming products, including seeds, fertilisers, pesticides, and equipment.
Sub-Saharan Africa holds a distinguished position in the eyes of the world. This unique land which is rich in resources, labour opportunities and entrepreneurial ideas is growing at an exponential rate which is not only increasing its capabilities but also, its profitability. From a business perspective, Africa can be seen as a promising and fruitful…
The Federal Ministry for Economic Affairs and Climate Protection (BMWK) supports external consulting services for small and medium-sized companies in the commercial economy, including crafts, with “consulting vouchers for Africa” in order to enable German companies to receive needs-based advice on their economic projects in Africa. For more information on this offering, visit the BAFA…
South Africa made local power history following an announcement of new tax Incentives from the Minister of Finance. The South African government will now be introducing this incentive to households that install new solar panels during the period of 1 March 2023 to 29 February 2024. The announcement calls for the reshuffling of the legislature…
South Africa has always been an attractive investment destination to investors seeking to expand their business activities into Africa and 2023 is no different. With Africa being a large and lucrative market to break into when done correctly, South Africa presents itself as a promising gateway. Confidence in South Africa as an investment destination South…
South Africa and Hydrogen South Africa is said to be sitting on a gold mine when it comes to hydrogen technologies wherein Africa has the opportunity export its sunshine as Hydrogen. With the vast levels of Platinum Group Metals (PGMs) mined in South Africa, there is no denying the excellent source of renewable energy which…
Outlining the law around staffing a South African Business South African labour law is regulated by legislation and the common law. The legislation seeks to give effect to the Constitutional right to fair labour practices and the right to take part in collective bargaining. The most important legislation outlining the law around staffing a South…
Enough with the blind business dates, InterGest South Africa offers professional business matchmaking & partner searches to foreign companies wanting to expand their activities into Africa. Why consider business matchmaking & partner searches Historically, business matchmaking and partner searches has proved to be a vital tool when it comes to expanding business activities into new…
With the world feeling the energy squeeze and all paths leading to renewable alternatives, “energy-preneurs” are seeking exciting and newer alternative energy styles in South Africa to support the local and international grids. Although sunlight takes the spotlight with solar energy being largely distributed around South Africa, there are a few alternative methods to consider…
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…
January often comes with a boom in employment as companies have new budgets and business goals to achieve. Recent years have shown that the South African workforce is going back to basics. Companies are turning back to offering positions which have years of proven job security. Jobs which show previous, current and growing demand which…
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…
Following the World Bank’s approval of a US$ 497 loan for South Africa , the International Partners Group (IPG), comprised by the UK, France, Germany, the US and the EU, released a joint statement welcoming and endorsing South Africa’s Just Energy Transition Investment Plan. The partnership between the countries aims to accelerate the decarbonisation of…
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…
Cannabis South Africa – Africa is about to get its first listing of a medical cannabis-focused Special Purpose Acquisition Company (SPAC). A local South African company, Cilo Cybin Holdings, has received the go-ahead to list on the Johannesburg Stock Exchange (JSE). The company hopes to raise 2 billion Rand ($115m) for the manufacturing of medicinal…
South Africa infrastructure development – Spending billions on improving public infrastructure According to South Africa’s finance minister Enoch Gondongwana, the National Treasury is set to spend R 812 billion on public infrastructure projects such as roads, bridges and other major projects over the next 3 years. This is a 30% increase in comparison to that…
Opportunities in South Africa – From the 5th to the 9th of September, the Electra Mining Africa 2022 Expo took place at the Johannesburg Expo Centre in Johannesburg, South Africa, successfully showcasing South Africa’s manufacturing and exporting capabilities. Goals of the Electra Mining Africa 2022 Expo For many companies, the Covid Pandemic meant less exposure…
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…
It has been a month since Kenya launched its Nairobi International Financial Centre (NIFC) also known as the Centre. During the official opening, Kenyan President, Uhuru Kenyatta, stated that the NIFC will create an environment for fintech to thrive; for innovation and new technologies such as artificial intelligence to be mainstreamed; and for investors to…
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…
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…
We are pleased to announce that InterGest South Africa has recently reached the 1,600 followers mark on our LinkedIn company page. A big thank you to everyone who follows us, likes our posts and shares our content. We really appreciate your support and look forward to engaging with you. Not a follower yet? The aim…
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…
Cloud Accounting South Africa – With the business landscape undergoing rapid technological advances, it is imperative that your outsourced service providers keep up with the trends. It is for that reason that InterGest South Africa has moved away from the outdated mode of accounting and embraced cloud-based accounting for the past four years and our…
IT sector South Africa showcasing impressive growth rates for 2022 The South African IT and telecoms industry is experiencing strong growth in 2022. IT sector South Africa – South Africa’s work environment is changing – businesses are increasingly being forced to invest in new technology solutions to stay up to date with the accelerated technology…
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…
Europe South Africa relations in demand – Starting the second week of August 2022, Russian coal imports will be banned in the European Union, part of wide-ranging sanctions on Moscow. South Africa becoming Europe’s alternative to Russian coal as European countries are having to source coal from alternative supplying countries to that of Russia. This…
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…
Renewable Energies South Africa – Battery storage projects South Africa’s public electricity utility Eskom is currently in talks with suppliers to provide around 1.4GWh of battery energy storage. On Thursday, 12th of May, it was revealed by Eskom during its State of the System briefing, that the tender for phase 1 of the BESS project…
(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…
In May 2022, a few months after the beginning of his tenure, German chancellor Olaf Scholz concluded a trip to Africa, visiting strategic partners such as Senegal, Niger and South Africa. The discussions with the countries’ leaders mostly focussed on the future of the energy sector in Africa and Germany and the potential for collaboration…
On Sunday 15 May, the Economic Commission for Africa (ECA) unveiled a tool to measure the ease of doing business between African countries. The AfCFTA Country Business Index is the first comprehensive tool based on a robust methodological framework where data is collected in a way that allows businesses to express their views on the…
Doing business in Kenya – Our Financial Director, Luise Rice and Africa Desk Manager, Ansie Elliott have just returned from visiting our offices in Kenya, Nairobi. Kenya has become a popular destination for foreign companies entering the African Market as an alternative to South Africa. The country boasts with substantial private sector, including a significant…
What is Digital Marketing Marketing relates to all activities that a company uses to promote its products and services and increase its market share. In digital efforts, channels such as search engines, social media, mobile devices, e-mail and websites are utilised by organisations to engage current and potential customers. Generally, the term digital marketing refers…
In mid-April 2022, South African power utility Eskom issued tenders for the lease of land for renewable energy projects in the province Mpumalanga. The plans were initially announced in December 2021. Each project may be up to 100 MW in size and the leases will apply for a minimum of 20 years. It is estimated…
South Africa’s Department of Mineral Resources and Energy (DMRE) has kicked off the 6th round of the Renewable Energy Independent Power Producer Procurement Program (REIPPPP). The South African government’s call for expression aims to procure 1 GW of utility-scale solar (PV) and 1.6 GW of wind power. The DMRE has opened pre-qualifications for the development…
On 24 March 2022, the fourth South Africa Investment Conference (SAIC) was held at the Sandton Convention Centre in Johannesburg. It is part of South Africa’s investment plan to attract ZAR 1.2 trillion of new investment into the country over the next five years to boost the economy and drive socio-economic development. The sessions were…
Global investors are set to see a significant increase in their investments in Africa, with 76% either studying the markets, preparing for entry, or readying to deploy additional investments into the continent. This is according to the ‘World to Africa’ report – an industry-wide study conducted by Standard Bank Group and the ValueExchange in cooperation…
Import procedure and regulations Kenya To import goods into Kenya, an importer must use the services of a clearing agent who will process import documents electronically through the Kenya Customs Simba 2005 system and clear the goods on your behalf. Customs authorities will determine the duties payable depending on the value of the goods and…
Opportunities in the African Energy Sector are presented and discussed in this year’s Africa Energy Indaba Conference (AEI 2022). Managing Director Mr Volker Werth, together with the head of Swiss Business Hub Southern Africa, Mr Daniel Schneider attended day 1 of the 2022 Africa Energy Indaba Conference in Cape Town, South Africa.
South Africa will host the fourth South Africa Investment Conference (SAIC) on Thursday, the 24th of March 2022. The conference is part of South Africa’s investment plan to attract ZAR 1.2 trillion in new investment into the country over the next 5 years to boost the economy and drive socio-economic development. The conference will be…
South Africa is currently preparing for the transition to renewable energy. Coal companies can support the transition by supplying higher quality, responsibly produced coal. One of the companies discussing the possibilities is coal exporter Thungela.
Latest news from the EU – Africa summit in Brussels 2022 French President Macron described the EU’s relations with the African continent as “a bit asleep”. Well, with a long delay due to Corona, they are to be awakened again: at the “Global Gateway” – gateway to the world: That’s the name of the new instrument…
AfCFTA – In January 2021, the African Continental Free Trade Area took effect. So far many aspects have been successfully implemented.
Overview of import regulations The customs and excise regulations to be observed when importing into the South African customs territory are regulated in the Customs and Excise Act 91 of 1964. The Value-Added Tax Act No 89 of 1991 governs the collection of VAT. Customs regulations in South Africa state that companies wishing to import…
Partner countries will provide USD 8.5 billion over the next years to support South Africa’s plans to become a low-carbon economy.
What is Artificial Intelligence? The concept of Artificial Intelligence (AI) was devised in 1959 and has emerged as a growing trend in recent years, as various advances have been made in data volumes as well as power and storage improvements for computers. Artificial Intelligence is widely known from Hollywood movies and science fiction novels, which…
The B2B market in South Africa is one of the most interesting in the world. In this article you will find out why this is the case and how to benefit from it. What is meant by B2B? The term B2B is used for Business-to-Business transactions. A company in the B2B business is a company…
Manufacturing companies have different types of expenses that they need to manage in order to run operations. Production costs are considered one of the largest expenses that manufacturing businesses face. Ensuring that you are not compromising the quality of your products on your cost-cutting mission whilst also finding sustainable ways to reduce your production costs…
B2B industry trends in 2021 – The B2B industrial landscape is constantly changing. Companies should always keep an eye on industry trends. This is especially true in 2021, since the Covid pandemic accelerated the process of several trends. What are the top B2B industry trends in 2021? Industry 4.0 has revolutionised the manufacturing business and is…
Africa’s economic situation is changing rapidly. Therefore, it is worthwhile to look at the continent as an export market of the future.
E-Commerce in Africa The African E-Commerce market has grown rapidly in recent years. This trend is predicted to continue. Several factors contribute to this impressive growth. The African continent has the youngest and second largest population in the world. This offers good potential for growth in the digital sector as well. Smartphones and other mobile…
South African President Cyril Ramaphosa announced on Thursday, 10 June 2021, that South Africa’s private electricity production threshold increased from 1 MW to 100 MW to combat the country’s electricity shortage. The increase would be facilitated by an amendment to Schedule 2 of the Electricity Regulation Act “within the next 60 days or sooner”.…
The tool industry in Africa The Tool industry in Africa is very diverse and consists of several sub-segments. It is mainly assigned to the metal industry and describes the manufacture of hand tools, machine tools, metalworking tools and agricultural equipment. The African power tool industry alone is forecast to grow up to approximately US$ 7.3…
South Africa’s growing market for recycling solutions provides international technology suppliers and service providers with a multitude of business opportunities. Through private initiatives, the recycling market in South Africa is growing into a market with large potential. There is an increasing demand for high-quality secondary raw materials consisting of recycled plastics as well as paper…
Food and Beverage industry in Africa Africa has experienced good economic growth in recent years. The continent is home to 4 of the 10 fastest growing economies in the world. Ethiopia and Rwanda occupy the first two places worldwide. In addition, Côte d’Ivoire and Tanzania are two other African economies in the top 10. The…
The African Continental Free Trade Area On the first of January 2021, the long-awaited African Continental Free Trade Area (AfCFTA), which was planned since 2015, came into effect. The number of member countries makes this the largest Free Trade Area in the world since the founding of the World Trade Organisation. The free trade area…
Nigeria’s Renewable Energy – A country with more than 200 million citizens yet it has been reported that the country’s average electricity consumption is only 150 kWh per capita – almost half the amount of what it’s peer countries in Western Africa are consuming who have a significantly lower population. With only 12 GW installed,…
South African Export Market: South Africa’s current global export competitiveness is at an all-time peak and has been described as “unbelievable”. According to chief economist Dr. Azar Jammine, it is likely to remain so for “a good few months”. This is a great opportunity for the South African export market and exporting companies. The current…
Sollten Sie daran interessiert sein, Ihre Geschäftsaktivitäten nach Afrika auszuweiten, wäre jetzt vielleicht der richtige Zeitpunkt, eine Partnerschaft mit einem lokalen südafrikanischen Unternehmen durch eine Fusion oder eine Übernahme in Betracht zu ziehen. Es wird erwartet, dass Südafrikas Fusions- und Akquisitionsaktivitäten (M&A) in der zweiten Hälfte des Jahres 2020 zunehmen werden, was ausländischen Investoren, die…
Im Jahr 2019 wuchs der Handel Deutschlands mit dem afrikanischen Kontinent im Vergleich zu 2018 sowohl auf der Export- als auch auf der Importseite an. Deutsche Exporte nach Afrika wuchsen im Jahr 2019 um 5,3% auf ca €23,7 Milliarden(Mrd) an. Der größte Abnehmer deutscher Produkte war nach wie vor Südafrika mit einem Plus von 5,5%…
On Tuesday, 03 March 2020, InterGest South Africa along with our partners Nedbank, DSV Logistics, and Nordekon Consultancy Company, hosted the second AFRICA INNOVATION NETWORK® event and was attended by 52 members of interested companies from various economic sectors. The focus of the event was on providing African companies and entrepreneurs with key information about…
InterGest South Africa is proud to announce that we have reached a silver partner status with Xero accounting! The business world is continuously facing the challenges of rapidmodernisation and digital transformation. InterGest South Africa has embraced digital accounting systems and partnered up with Xero Accounting and Wingubox, enabling us to perform accounting and payroll services…
InterGest South Africa in partnership with Nordekon, a Danish consultancy company specialising on African business successfully launched the AFRICA INNOVATION NETWORK® on 24 October 2019. Invitations to the launch were open to companies of various sizes and industry sectors that have an interest in doing business with Nordic businesses. The launch event was kindly hosted…
OUR RECRUITMENT SERVICE: You tell us what you need and we find you the most suitable candidates – plus: Compose an eligible job profile of the desired candidate. Identify potential candidates through the utilisation of our internal and external database, job portals and advertising the vacancy in the media. Manage the responses and contacting the…
At InterGest South Africa We continuously strive to improve and expand our services. Our observations over the past few years have revealed that Human Resource policies play an ever increasing and vital role in the success of any company, in particular companies operating in challenging South African business environments. Unhappy employees, dissatisfied customers, high employee…
Broad-Based Black Economic Empowerment (B-BBEE) InterGest, via its close collaboration with the Law Firm WerthSchroeder Inc., has devised a unique BEE Solution offering clients the possibility of attaining a Level 2 BEE Status, the second-highest possible ranking, opening a multitude of advantages and business opportunities. Broad-Based Black Economic Empowerment is a form of economic empowerment…
InterGest South Africa expanding to Mozambique, embarks on a trade mission InterGest South Africa Managing Director, Mr. Volker Werth participated in a German business delegation to Mozambique which took place from 25-29 November 2019. The objective of the trade mission (organised by the AHK Südliches Afrika and VDMA) was to promote bilateral trade and…
Regional Director appointed for Nigerian Markets Over the past year we have celebrated the accomplishments of launching our Africa Desk and becoming the local partner of the AFRICA INNOVATION NETWORK® in South Africa. Our African footprint is also growing, having expanded into Kenya, Mozambique, and Nigeria. InterGest South Africa is proud to announce the appointment…
