Andrew Stegmann
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Nigeria’s Naira to be Added to Britain’s List of Trade Currencies

Nigeria’s currency, the naira, will become one of three West African currencies that the United Kingdom’s export finance agency will add to its list of pre-approved currencies, allowing it to provide financing for transactions with Nigerian businesses denominated in the local currency. The other two currencies have not yet been disclosed.

Paul Arkwright, the British High Commissioner to Nigeria, stated that this is a clear indication of how much value the UK places on its relationship with Nigeria, and that it will provide a firm foundation for a significant increase in trade and investment between both countries.

Britain voted in 2016 to leave the European Union, which has forced London to rethink its trade ties with the rest of the world. The UK and the EU struck an agreement in December that opened the way for talks on future trade ties.

The naira financing will follow the same structure as a someone buying in Britain’s sterling, except that Nigerian firms taking out a loan in the local currency can benefit from a UK government-backed guarantee.

 

For information as to how Relocation Africa can help you with your Mobility, Immigration, Research, and Remuneration needs, email marketing@relocationafrica.com, or call us on +27 21 763 4240.

Source: [1]. Image source: [1].

Andrew Stegmann
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Relocation Africa Attending EuRA Conference 2018

The 2018 EuRA International Relocation Conference will be taking place during 25 to 27 April at the Dubrovnik Sun Gardens Hotel in Dubrovnik, Croatia. 2018 marks the 20th anniversary of the Conference, and as such, some great celebrations have been lined up to mark the event.

Dubrovnik is situated in the south of Croatia, and is one of the most popular tourist destinations in the Mediterranean Sea. It has a small population of just over 42,000, and houses many important monuments. As of 1979, part of the UNESCO list of World Heritage Sites. For more information about Dubrovnik, visit TripAdvisor or a recent Vogue travel guide for the city.

Relocation Africa Director Rene Stegmann will be in attendance. To arrange to meet, visit our Calendly link, and choose a day and time slot. Alternatively, email marketing@relocationafrica.com. We look forward to seeing you there!

 

For information as to how Relocation Africa can help you with your Mobility, Immigration, Research, and Remuneration needs, email marketing@relocationafrica.com, or call us on +27 21 763 4240.

Sources: [1]. [2], [3], [4], [5]. Image source: [1].

Andrew Stegmann
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Trends From IBA’s 2017 Global Immigration Conference

Written by Quintin Coetzee

Relocation Africa recently attended IBA’s Global Immigration Conference 2017 in London, U.K. From the numerous talks, two main trends emerged.

Firstly, corporates are choosing regional immigration and mobility suppliers instead of global ones. This is due to regional suppliers having a much better focus on and knowledge of their own regions, and thus being able to provide a better quality of service to their clients. The infographic below describes the many benefits of using a regional supplier, such as Relocation Africa.

Secondly, corporate procurement divisions are working more and more with HR teams in order to ensure that the services they procure are truly meeting the specific needs of the business. This trend involves a move away from procuring suppliers based purely on price, and towards procurement based on considering quality of service.

Some suppliers make use of pricing models whereby a low price is quoted, without adding exclusions, for additional services which will be needed. Procurement divisions that are not aware of this may choose a supplier with a lower initial quote over a supplier that is more upfront, and provides a comprehensive quote for the entire service offering.

It is important for procurement to consider the above in order to ensure that the best possible supplier is sourced, based on reputation, and the exact business needs at the time.

Relocation Africa is focused on Africa, and has decades of experience throughout the continent. We also have an upfront approach with our clients, and consider each business’s unique and changing needs.

For an overview of the services we provide, view our digital brochure here.

For more information about how we can help your company with Mobility, Immigration, Research, and Remuneration services, email marketing@relocationafrica.com, or call us on +21 763 4240.

Andrew Stegmann
,

Relocation Africa is a Proud Member of The British Chamber of Business in South Africa

The British Chamber of Business in South Africa is a British Chambers of Commerce accredited Chamber, part of the Overseas Business Networks initiative, a key program of the British government that intends to stimulate and strengthen international business networks and UK exports.

The Chamber’s main objective is promoting trade and commercial relations between the South Africa and the United Kingdom. The Chamber collaborates with other business groupings, and fosters strong ties with the British Chambers of Commerce and regional counterparts.

Membership is drawn from a broad spectrum of British, SA, and international businesses with a common interest in developing business in either region.

Benefits of membership include regular Chamber events, as well as other networking events including receptions and product launches. Benefits also involve access to macro-economic reports, security reports, sector insights, seminars, newsletters, and advertising opportunities, as well as briefings by British High Commission, and SA parliamentary reports relevant to members.

Relocation Africa has been a proud member of the British Chamber for over two years, and the insights we gain by maintaining the membership assist us in ensuring that we are up-to-date with what is happening in our industry, and can best satisfy our clients’ needs.

For more information about the Chamber, visit http://www.britcham.co.za, and for more information about membership benefits, click here.

To speak to us about your Mobility, Immigration, Research, and Remuneration needs, send an email to marketing@relocationafrica.com, or call us on +27 21 763 4240.