Finding a place in a consolidating industry.
Africa is characterized by its propensity for huge amount of trade activity through multiplicity of small traders and distribution points. To add to the complexity is the relatively low volumes of off-take, big range of consumables and a fast growing middle class with fast changing requirements and a large appetite for quality goods and services. This puts pressure on decision makers and this requires a data driven business acumen and strategy which is very specific to local market conditonalities.
Moreover, the impact of trade bloc treaties such as SADC, COMESA, EAC, IOR-ARC etc needs to be fully understood and exploited. The light manufacturing and the textile industry benefits from the treaties Africa has with the European Union (EU-ACP) as well as with the United States (AGOA Africa Growth and Opportunities Act).
The Consumer and Industrial Products Group of BDO East Africa has in-depth knowledge of the trade structures, practices and contents of trade treaties of Africa. The group has been responsible for helping their clients improving profitability, market reach, transfer pricing compliance, tax optimization and financing their projects.
We are committed to designing and implementing solutions which produce measurable change and which help companies improve and succeed. BDO has a range and depth of services and expertise that is unrivalled.
We have several audit, tax and compliance clients in this industry. We have also written the EAC’s industrialization policy and project managed software solutions in the Cement industry.