The government’s vision for South Africa, as set out in the National Development Plan (NDP), recognises the role of technology as a key enabler of economic activity: “By 2030, ICT will underpin the development of a dynamic and connected information society and a vibrant knowledge economy that is more inclusive and prosperous.” (National Development Plan 2030: Our Future – Make it Work)
Having established a long-standing relationship with ICASA, Genesis Analytics was retained by the regulator to lead its first Priority Market Study.
Genesis established a coherent framework for enforcement prioritisation and determined which markets in the electronic communications sector were susceptible to ex-ante regulation and should be prioritised for potential regulatory intervention.
The framework adopted by Genesis allows for the identification of priority markets on an economically sound and defendable basis. This ensures the efficient allocation of ICASA’s resources to markets that may require regulatory interventions.
This paves the way for more effective regulation, ensuring that the goals of the NDP can be met.