Excellent news about South Africa’s ICT industry

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South African IT and telecommunications companies are performing exceptionally well despite the economic headwinds the country is facing.

South African IT and telecommunications companies continue to perform well and are increasing their marketing budgets in anticipation of strong growth.

The optimism in the South African ICT industry is a surprise considering the negative impact of load-shedding and slow economic growth on the country. They are struggling to keep up with installations, and their order books continue to grow as load-shedding worsens. Network vendors like Huawei are upbeat about the year ahead, and fibre network equipment providers said they continue to see good growth.

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