The ICT market size in South Africa is estimated to be 13 billion Euros. Annual capital investments in telecom services (fixed, mobile, internet) are now in level of 1,6 billion Euros, 68% were in mobile services. Average yearly revenue growth for the major IT suppliers has been around 12%. South Africa spends close to 10% of GDP on ICT goods and services, most of which are imported.
In the ICT sector, both domestic and foreign investments are encouraged. It is a legislatively managed or regulated process, particularly for the three dominant sectors of Broadcasting, Postal and Telecommunications. Lately some municipalities have invested in fibre, Wi-Fi and microwave telecommunications including citys of Durban, Cape Town, Pretoria, Johannesburg and several others.
Agenda for Trade Mission
During the visit, participants will have an opportunity to attend one-on-one business meetings and networking events with local business leaders, organizations and authorities, which Finpro will organize with its local trade center and local growth program’s consultant Mr. Paul Inglesby in cooperation with the Embassy of Finland in South Africa. Group meetings will be kept to a minimum and only scheduled where the target customers requests to see more than one Finnish company in one meeting session.
Paul will have skype meetings with all the companies participating in the trade mission on 4.-8.9. or 11.-15.9. Skype meeting’s goal is to understand your company’s mission, product/service offering and ambitions in the South African markets. Based on the meetings Paul will start working on the trade mission targets and program.
Services for participants:
- Meetings with targeted South African customers
- Networking event where your company’s customers or contacts can be invited
- Inclusion of your company in the Trade Mission brochure which will be widely distributed during the visit
- Background information on South Africa
- Group transportation in Johannesburg
- Bridging and follow-up activities prior and after the trade mission
For more information of the Trade Mission, please contact:
Mr Kimmo Aura, Program Director, Connectivity from Finland, Mob: +358 40 5048 317
Ms Christina Rinne, Program Manager, Connectivity from Finland, Finpro,
Phone: +358 50 468 9460
Ms Heta Pyhälahti, Commercial Counsellor, Mob: +27 72 661 1287