Description

South Africa is expected to show slow growth during 2013 to 2018, with a deteriorating mining and minerals sector. The manufacturing sector in South Africa will remain under pressure due to the rising cost of electricity in the country. This will especially have an impact on beneficiation industries and the automotive industry. The ICT industry in South Africa is dominated by the mobile market and broadband costs remain relatively high in comparison to the rest of the world. It is expected that broadband cost will decrease substantially in the future as competition increases in this industry.