Sao Tome is a small, lower-middle-income economy. The country is in a remote location and is thus more fragile to terms-of-trade challenges. Currently, the World Bank Group’s Country Partnership Strategy (CPS) is actively working towards “supporting macroeconomic stability and national competitiveness, and reducing vulnerability and strengthening human capacity.”
Africa HR Solutions help organisations with a comprehensive HR outsourcing strategy that enables them to move with peace of mind to Sao Tome. Our Sao Tame HR outsourcing services include Professional Employer Organisation (PEO), Employer of Record, payroll outsourcing and other ancillary solutions, all with the objective to assist companies with their international expansion plans.
Population: 0.21 mn
Gross Domestic Product (GDP): $0.47 bn
GDP Growth: -6.4%
Inflation: 6.4%
Foreign Direct Investment (% of GDP): –
Unemployment Rate: 13.9 %
Capital: São Tomé
Currency: São Tomé and Príncipe dobra
Languages: Portuguese
Being an African nation close to the equator, São Tomé is known not to have been severely impacted health-wise by the Covid-19 pandemic. However, just like most countries, the tourism sector has been affected due to the closure of its borders. The country has robust ties with Portugal and Portuguese-speaking economies such as Angola and Brazil. São Tomé is dependent on agriculture (cocoa, coffee, pepper), whereby exports are expected to recover this year. There are high imports and exports costs due to the remote location of the country. São Tomé still receives international aid from public bodies such as the World Bank, the African Development Bank (AfDB), European Union (EU) among others to boost the development of the country.
It is the second-smallest African country after Seychelles
It is known for its biodiversity, comprising of native animals such as São Tomé shrew, different species of bats, the smallest Ibis, and the largest sunbird in the world
Music is an important part of the country’s culture
The population is diverse, with origins from Europeans, Angolan, Asians, and Chinese
New Year’s Day
Martyrs’ Day
Good Friday
Labour Day
Independence Day
Armed Forces Day
Agricultural Reform Day
Sao Tome Day
Christmas
Employment contracts are prepared in either oral or written formats in Sao Tame, though many employees would choose a written agreement that defines all information about their wage, compensation, leaves, and termination information. At Africa HR Solutions, our in-country experts can assist and advise you on employment procedures, and help you manage a competitive benefits scheme for your team in Sao Tome and Principe.
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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.