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Featuring commentary from Forvis Mazars experts, this report provides insights into the priorities shaping boardroom conversations across the TMT sector.
As South Africa’s TMT sector navigates a rapidly evolving landscape, leaders remain optimistic about growth in 2025, mirroring global sentiment. However, economic uncertainty and fierce competition continue to challenge businesses. To remain competitive and sustainable, South African companies must prioritise digital transformation, harness emerging technologies like AI, and build resilient, agile strategies that can adapt to both global and local shifts. By investing in innovation and talent, the sector can unlock new opportunities and maintain its competitive edge in a dynamic market.
Ishan Bhowani
Director - Forvis Mazars Advisory
Key findings
- Most leaders (97%) of leaders in the sector have a positive outlook for their businesses in 2025. Confidence is higher than in other industries, with TMT executives expressing they are “very confident” in managing key trends (46%); however, this figure has nonetheless declined by 3 points since last year.
- A strong majority (89%) of sampled businesses report growing revenues.
- Economic uncertainty (41%) and increased competition (36%) are listed as the top factors holding back growth for C-suite executives.
Looking ahead, TMT leaders will be focusing on transforming company IT, international expansion and entering new product or service categories as critical strategic priorities for the next five years.
Explore the full findings and discover how sector leaders are preparing for growth in a complex and competitive environment.
