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Global Mergers and Acquisitions volumes exceeded $5 trillion in 2021, well surpassing the previous record of $4.55 trillion set in 2007. Mergers and acquisitions have indeed flourished, thanks to declining interest rates and rising stock values. And yet, if one is to...
International companies that settled on the African continent enjoy several advantages: from highly receptive markets, qualified workforces and tax exemptions to being able to make use of the continent’s many natural resources. The reasons to stay and expand business...
Running a multinational is no easy feat, as you may well know. Between product development, sales, customer service, expanding the business, and ensuring the smooth day-to-day running of the company across multiple countries, directors and managers have their hands...
Finding the right payroll outsourcing organisation may be difficult. Here are 8 tips to help you in your search for the perfect fit! According to the Payroll Outsourcing Services Market by Product, Application, and Geography - Forecast and Analysis 2021-2025, the...
Located in West Africa and bordered by Togo, Burkina Faso and the Ivory Coast, Ghana is a thriving nation with a stable democracy and is considered one of Africa’s fastest-growing economies. Rich in natural resources such as gold, diamonds, manganese, and oil, the...
Navigating the (almost) post-pandemic climate poses a number of challenges to all businesses, the most important being keeping your finances afloat without having to reduce your workforce. In fact, according to Forbes Councils member John Schwarz, it might be the...
In this week's Business News Report - Nigeria loses its spot as Africa's largest oil manufacturer and is in the spotlight of fraudulent payroll cases as the NSA uncovered 54,000 entries in the country alone. Nigeria is no longer the leading force in oil production in...
Formerly looked upon as being a mundane, albeit important task, the function of payroll within a business is still mostly undervalued. Payroll, however, involves major financial and reputational stakes, whilst providing opportunities such as data analytics and...
Business expansion requires meticulous coordination to replicate the success of the parent company in foreign countries. As such, companies will often appoint an experienced employee to help with the expansion during overseas missions, ensuring that company values are...
Planning your business expansion in Africa is a challenging task, to say the least. From setting up your own entity to hiring qualified professionals, managing payroll and ensuring compliance: the tasks and processes you need to complete and manage are as crucial as...
Employee retention has recently become a subject of greater concern for employers. Faced with the aftermath of the pandemic and movements such as “The Great Resignation” – which, in theory, would see workers quit their full-time jobs for greener pastures – employers...
Africa HR Solutions is proud to announce that we are the headline sponsors for the Global Payroll Association’s prestigious Global Payroll Awards in 2022! We are honoured to be recognised as a partner to the Global Payroll Association, which aims to support and...
Africa HR Solutions is the proud Headline Sponsor of the GPA Awards 2022 As a leading employment outsourcing and payroll solutions provider over the last decade, Africa HR Solutions is delighted to be the headline sponsor for the Global Payroll Awards 2022.This...
Known throughout the world for its rich history, Egypt is also full of potential business opportunities. With a USD 303 billion-GDP that keeps growing, it also boasts a labour market of more than 24 million potential employees. And the best is yet to come: Egyptian...
For most businesses, hiring independent contractors is an integral part of their expansion in Africa. Independent contractors are, in many ways, advantageous for companies: they require less commitment than traditional employees and can bring in specialised knowledge....
Technology and globalisation now provide companies and workers alike with a plethora of convenient work trends. From remote work solutions and work-from-home to the rise of auto-entrepreneurs, today’s workforce is more diverse than ever before, and the job market is...
Remote work is now part of the “New Normal”, and is well set to stay. In 2020, during the pandemic, This new work culture has also seen full-time workers turn to freelancing, thus broadening the talent pool that businesses can tap into. To cater for this revolution in...
Paying people for work done in a specified period (i.e., payroll) is a foundational element of any functioning organisation, and significantly impacts employee experience and perception of the organisation’s financial viability. However, this crucial and seemingly...
Africa. A continent of possibility and opportunity. However, despite being the second-largest continent, African markets have not kept pace with the economic development and growth seen throughout the world. Perhaps this is because African markets are easy for...
Multinational mining company invests R510m in local education program Anglo-American, the British listed diversified mining company, has launched its next phase in its education programme in South Africa. By investing an additional R510m into the initiative, the...
Increased digitisation and emerging technologies, such as Artificial Intelligence, Machine Learning, and Blockchain have relied on and have fuelled an exponential growth in data as we step into what has been dubbed the ‘Data Age’. But, what does data actually mean?...
Increasingly, the traditional understanding of work being a 9-5 job with one employer is being disrupted. Whilst the permanent employment relationship is still the dominant model, new ways of work now recognise more short-term, contract-based agreements to meet...
The rapid shift to remote work is often attributed solely to the COVID-19 pandemic. However, remote work had begun to increase in the years pre-COVID-19, fuelled by an increasing drive toward wellbeing, balance of work and life and the adoption of enabling technology...
Organisations considering expansion into Africa have two options available-set up a legal entity in the relevant country or engage the services of an Employer of Record (EOR). This is an important decision to make in making an informed decision and ultimately...
Increasingly, non-government organisations (NGOs) have become a key contributor in the response to various issues experienced in Africa (e.g., poverty, political unrest, food insecurity and low standards of healthcare and education). Indeed, the pre-covid period had...
Most blog posts and articles now start with acknowledging the unprecedented times that we live in and the need to understand how the COVID-19 pandemic has changed our work and how we think about work. However, after 2 years of living with the pandemic, it may be time...
Let’s start at the beginning, should a company be considering expansion beyond their country of origin, they may require some additional support from a legislative, tax and regulatory perspective. This is where the services of an Employer of Record (EOR)...
The U.S.-Africa Business Summit is headed to Morocco in July 2022 On June 13th, 2022, the CCA (Corporate Council on Africa) officially announced the launch of the next U.S.-Africa Business Summit. Themed around ‘Building Forward Together’, the Summit will take place...
Many may argue that money doesn’t buy happiness, and while this may be true, it is still a major factor in an employment relationship. Successful employment relationships are built on trust, and if businesses do not appropriately execute a foundational requirement,...
Author of The Future Leader, Jacob Morgan challenges HR professionals to re-think the way they view employee experience and employee lifecycles in their teams and organisations. No longer is an attractive salary the primary factor in an ensuring an employee’s...
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