Prepare for take-off

The local economy is picking up and ICT companies will soon start reaping the benefits.

03 May 2010

South Africa is starting to see an improvement in the economy after the US banking sector crisis threw the world into turmoil, sending global companies into freefall.

While the past two years have been tough across the board, the recovery is finally being felt in most sectors, with motor vehicle sales, house prices and manufacturing output all picking up. The local ICT sector is also expected to benefit from the uptick in gross domestic product growth, and computer distributors are already starting to see the benefits of improved business and consumer confidence, with several firms recently turning losses into gains.

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