Unlock Your Business Potential in Africa with GroConsult’s Comprehensive Solutions
Africa is rapidly emerging as a focal point for global business expansion. With its rich natural resources, burgeoning tech ecosystems, and dynamic markets, the continent presents a wealth of opportunities for investors, contractors, and consultants. This demand is driven by the influx of foreign investors, contractors, and consultants seeking to capitalize on the continent’s vast […]
AfDB President Adesina looks back after eight years at the top
Akinwumi Adesina wants one of the legacies of his tenure at the African Development Bank to be Africa’s own credit rating agency, run from the continent. He tells Chris Bishop why. He’s had his critics over the last eight years, but you could never really fault Akinwumi Adesina for a lack of passion and resilience. […]
5 Challenges of Entering a New Market and How to Overcome Them
Expanding your business into a new market is an exciting opportunity for growth and increased revenue. However, it comes with a unique set of challenges that can be daunting for even the most experienced companies. Successfully navigating these challenges requires strategic planning, local expertise, and effective resource management. Here, we explore five common challenges businesses […]
Ghana Stock Exchange reaches record GH¢80billion market capitalization
In April 2024, the market capitalization of the Ghana Stock Exchange (GSE) surged to an unprecedented GH¢80.20 billion, marking a significant milestone. This remarkable increase was driven by substantial gains in the share prices of various companies, underscoring the positive market sentiment and bolstered investor confidence. As outlined in the GSE’s April 2024 Summary of […]
Economic resurgence in Côte d’Ivoire: How GroConsult’s Strategic Role is Leading the Charge of Business Expansion in Africa.
As Côte D’Ivoire emerges from a period of economic turbulence, the nation’s rebound signifies not just a triumph for its local industries, but also a beacon of opportunity for global businesses. This resurgence is characterized by robust economic policies, increased foreign investment, and a dynamic entrepreneurial spirit. For companies looking to expand their footprint in […]
Côte D’Ivoire Bounces Back
The West African country looks to sustain growth based on rising productivity. Côte d’Ivoire, the world’s top producer of cocoa and third-largest supplier of cashews, enters the new year with optimistic growth expectations. The World Bank projects a GDP growth rate of 6.5% in 2024 and 2025, while the International Monetary Fund (IMF) anticipates similar […]
The Implications of Non-Compliance with Labor Laws, Payroll, and Tax Regulations in Africa.
In an increasingly globalized economy, compliance with local labor laws, payroll standards, and tax regulations is not just a legal requirement but a cornerstone of sustainable business operations. Africa, with its diverse and dynamic markets, presents both opportunities and challenges for businesses. However, failure to adhere to the continent’s regulatory frameworks can have far-reaching implications. […]
African Countries Reap Highest-ever Fiscal Benefits from Tax Transparency 2024
Launched on Monday 03, 2024 at the 15th Meeting of the Africa Initiative in Lomé, Togo, Tax Transparency in Africa 2024: Africa Initiative Progress Report shows African countries collected more fiscal revenue through tax transparency, exchange of information and related measures in 2023 than over the 13 preceding years combined. With EUR 2.2 billion of additional revenue reported by 7 African […]
Tax Transparency in Africa 2024: Africa Initiative Progress Report
NEW EDITION PUBLISHED ON 3 JUNE 2024 Tax Transparency in Africa is a key output of the Africa Initiative, a programme established in 2014 to ensure that African countries are equipped to exploit the latest improvements in global transparency, to better tackle tax evasion and other illicit financial flows and ultimately improve domestic resource mobilisation to support their […]
The Evolving Landscape: Consulting in a Globalized Future
The consulting industry stands on the brink of significant transformation, driven by technological advancements, shifting market dynamics, and evolving client expectations. As we look towards the future, several key trends are emerging that will shape the consulting landscape. For companies like Groconsult Management Consortium, a leading provider of global Employer of Record (EOR), HR, and […]