South Africa Offshore Sector Poised to Add $6.8 Billion to Economy by 2030

JOHANNESBURG, September 2- South Africa offshore services sector is projected to inject $6.8 billion into the national economy and create 212,000 skilled jobs by 2030, according to research released on Tuesday by global talent firm Robert Walters.

The growth would mark a 45% increase from the sector’s current $4.4 billion annual contribution, expanding its share of national GDP from 1.07% to 1.60%.

The analysis highlights a strategic shift in global offshoring, with companies prioritising access to skilled workforces over cost reduction. South Africa’s strong English proficiency, European time zone alignment, and reputation for high-quality business services have positioned it as a preferred hub for complex functions like financial analysis and auditing.

“This sector is becoming foundational to South Africa’s economic architecture,” said Phill Brown, Head of Market Intelligence at Robert Walters.

He noted the potential to develop specialised professional capabilities and drive export growth.

Recent Robert Walters data shows 60% of global business leaders rank South Africa as the top offshoring destination.

David Barr, the firm’s outsourcing CEO, attributed this to the country’s rare combination of scalable infrastructure and advanced talent, stating: “Organisations now see offshoring as strategic talent acquisition, not just operational savings.”

The findings reflect broader trends in global workforce strategy, with companies decentralising critical operations to regions offering skilled labour pools and stable business environments.

Detailed insights are available in Robert Walters’ newly published offshoring guide.