The only local cloud provider i have used is vps.co.za, their cloud is built on onapp which is a truly amazing platform. They are ideal for lab environments as servers can be created within minutes and deleted as quickly.As mentioned countless times on this forum,they support is below par so hosting production servers with them is simply not an option.
Another company rarely mentioned would be Cipherwave. One of their many services is cloud (they refer to it as VPS but you have the option to get a second replicated failover server outside their data centre for redundancy). One thing that i like about them is they don't skimp on hardware like other providers, their datacenter is packed will Dell R720 servers, redundant SAN storage and an enterprise NOC in the same building. They are costly but they are ideal for corporates.
That my friend is well appreciated. Is Cipherwave a local ISP? If so i will gladly add them to the list. By the end of the week I will add a the tally thus far. Its been rather slow but there is movement.
I thank everyone thus for the feedback they have provided.