To regulate, or not to regulate the digital industry in Africa

  • 📰 Moneyweb
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 77%

Business News News

Business Business Latest News,Business Business Headlines

The African Telecommunications Union (atu_uat) says the continent needs digital innovation to spill over into all segments of business and society to strengthen Africa’s digital economy. Moneyweb AfricaCom2022 NDL_ndumeey

The African Telecommunications Union says the continent needs digital innovation to spill over into all segments of business and society to strengthen Africa’s digital economy. “According to the World Bank, Africa requires $100 trillion to achieve full digital transformation, and no one, in the public or private sector, has the capacity to do this alone,” noted ATU general secretary John Omo.

Read: Ramaphosa’s reform agenda gets a broadband boost Nic Rudnick, group deputy executive chair at Liquid Intelligent Technologies, echoed a similar perspective, saying regulators in some countries have been assertive but that many other countries have not experienced the same fortune, with regulators impeding the rollout of new generation networks. “I think some regulators need to understand that sometimes keeping out of the way of the industry is the best way to encourage development.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The top-performing stocks on the JSE in 2022 so farInvestors put their money in JSE to bet big on and back essential companies in a volatile South African market.
Source: BusinessTechSA - 🏆 24. / 61 Read more »