Whilst Comoros’ economy is currently focused on subsistence agriculture, with the collaboration of the government, civil society, and various other institutions, the Plan for Emerging Comoros has been established with the aim to strengthen disaster recovery and resilience, improve the business environment and governance, and improve connectivity.
International organisations expanding into new countries usually engage the services of reputable partners who specialise in local business process outsourcing, including employment outsourcing solutions where staff need to be employed in-country and paid correctly. An experienced provider of Comoros HR outsourcing and employment outsourcing services will be well placed to navigate the complexities associated with the local legal requirements and cultural norms.
At Africa HR Solutions, our Comoros HR outsourcing solutions include services such as Professional Employer Organisation (PEO), Employer of Record, payroll outsourcing together with ancillary support services, and our in-country experts allow your organisation to focus on its core strategy and expansion plans.
Gross Domestic Product (GDP): $1.19 bn
GDP Growth: 0.2 %
Inflation: 1.1 %
Foreign Direct Investment (% of GDP): 14.57 %
Unemployment Rate: 3.7 %
Currency: Comorian franc
Languages: French, Arabic, Comorian
Comoros is one of the world’s poorest and smallest economies and comprises three islands that are hindered by weak transportation connections, an increasing population, and limited natural resources. The workforce is focused on nurturing a subsistence economy due to its low level of education. The key sectors of the economy where most of the workforce are involved are agriculture, fishing, hunting, and forestry, which contribute an estimate of 50% of GDP. Income from exports is mainly dependent on three major agricultural crops, namely vanilla, cloves and ylang-ylang (perfume essence).
Islam is the religion of the majority of the population in Comoros.
The primary trading countries are the United States, France, Singapore, Turkey, Germany, South Africa, Kenya, UAE, Italy, Pakistan, and Mauritius.
Rice and other foodstuff, consumer goods, petroleum products, cement, and transport equipment are amongst the common imports.
Subsistence agriculture and fishing are the major sources of revenue for the inhabitants.
Comoros is the world’s largest producer of ylang-ylang, which is valued for the perfume extracted from its flowers.
There are 146 bird species, of which 14 are endemic and 6 have been introduced by humans.
New Year’s Day
Cheikh al Maarouf
Eid al Fitr
Eid al Adha
Besides agriculture and fishing, Comoros has a developing tourism sector, attracting visitors to the country due to its coastal beauty. With an increasing population and investments to boost the economy, the country is unlocking other sectorial opportunities for the labour force.
Employees are entitled to vacation, sick and parental leave. Regarding taxation for employees, it operates under the ‘Pay As You Earn’ (PAYE) system with tax rates varying from 0-30% depending on the income amount. Regarding termination, employers can end an employee’s job if they have a genuine reason with regards to their conduct or ability to work. Any termination without notice or before notice is provided must be compensated with the worker’s salary and related benefits. There are also other procedures to be followed after discussion with the Consultative Council of Labour and Employment (CCTE) about severance and redundancy wage.
At Africa HR Solutions, our specialists are well placed to manage all your Comoros employment outsourcing and payroll requirements. We also assist our clients with designing the most appropriate employee benefits scheme to help attract and retain the talent required to meet your business objectives, whilst taking into consideration in-country regulations and customary practices.
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Kevina Takoordyal has a BA Hons Business Management from the University of Glamorgan, UK, with MBA in leadership and Innovation, MBA General, PMP Certified, and Agile Scrum Master. She currently works as the Head of Operations at Africa HR Solutions Ltd with more than 20 years of proven leadership capabilities in Operations, Business Development, People Management, Process Optimization, and Project Management in the Financial Services, BPO, Banking Industry, and Heath Care Industry. In Senior leadership roles with an international footprint across Europe working and extensive Pan- African experience from a compliance, finance, and operations angle, Kevina comes across with a panoply of cross-functional skills. Kevina also serves on a few Boards, Non-Independent Executive at MioD and for NGOs on a voluntary basis, a coach and mentor to aspiring female leaders across Africa and Mauritius.
Kevina is a firm believer in Servant Leadership with a strong focus and commitment to uplifting others, with the ability to deliver through a highly engaged – diverse team, and works towards consistently synergistic value creation. While being a focused and adaptive thinker and Kevina is actively participating in panel discussions on Innovation, CX, Digital transformation.
Kevina serves as Project Assessor for the National Youth upskilling program. She has been recognized as Global Talent in a few companies, Ceridian, and International SOS Ltd whereby she has been awarded a few scholarships and had the opportunity to be mentored by Senior Vice President in the US. Award Winner in various fields and at a national level and recognized including Super Achiever Leader Award in Africa in 2016, Awarded Africa Women Leader 2018.
A qualified lawyer who joined Africa HR Solutions in July 2020, Mark Du Preez has experience working in private practice for a reputable law firm in South Africa. He also played commercially focused roles at a leading private bank, wealth management company, and outsourcing firm in South Africa and Mauritius.
Mark has played a pivotal role in Africa HR Solution’s risk mitigation strategy, which positively impacted P&L performance over the years.
He currently leads the Partnerships function of the company including relationships and oversight with in-country partners (ICPs) across Africa.
Alex has more than 15 years of experience in the global, strategic development of both enterprise and consumer brands in categories including technology, transport, enterprise software, entertainment, and travel.
With experience in roles on both agency and corporate side, he has worked across international brands and has led the development and execution of multi-discipline campaigns across EMEA, NORAM and Asia Pacific.
His focus is on driving meaningful business impact through brand differentiation and building high-functioning, digitally oriented, and analytically driven capabilities. He is motivated by working with, and developing dynamic people, teams, and organizations.
He leads, manages, develops and mentors the Key Account Management department, including line management responsibility for the team of Key Account Managers and Key Account Administrator who represent the Company as the primary communication link between all relevant stakeholders, including clients, third party in-country partners and internal functions.
Originally from Mauritius, he holds bachelor’s degrees in International Business, Finance and Management from the University of Nevada, Reno.