IBM said South Africa is establishing itself as a preferred outsourcing destination, and is rapidly becoming a back-up site for India, the world’s number one outsourcing provider. Abdul Mohammed, IBM’s business development executive in South Africa, said, “Although some Eastern European countries may be able to provide cheaper outsourcing solutions, the value of the Rand, the favorable time difference, as well as our proficiency in English, are shifting a considerable amount of work to our shores.” Read on, here. Might also want to check out John Blundell’s interesting and optimistic take on South Africa.