South Africas information technology market is the largest in Africa, ranking 20th in the world in overall market size, and eighth in IT spending as a proportion of GDP, according to the Department of Trade and Industry. South Africa has one of the Middle East and Africas most significant IT markets in terms of size and growth potential.
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Learn MoreBusiness Culture in South Africa Doing Business in South Africa. If central Africa is poised to take off from an economic perspective then South Africa should be seen as the continents engine. South Africa takes on super-power qualities when looked at from an African perspective.
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Learn MoreNumber of South African SMMEs growing. Around 92% of microenterprises and 82% of the small businesses are black owned, 75% of microenterprises are informal businesses and 87.3% of small businesses are formal businesses. With 90% of jobs expected to be created by small businesses, Leshou reiterated the vital role played by SMMEs in the economy.
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Learn MoreTop 10 challenges of doing business in South Africa Disclaimer: This article was accurate at the time of publishing. To obtain the most up-to-date information, please get in touch with our local experts.
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