Opinion / Columnist
ICT Zimbabwe's true economic driver
10 Jul 2019 at 23:28hrs | Views
In the 80s and the 90s life was so great in Zimbabwe, just by attending a university and graduating with a good degree was all you needed to secure a good job. Zimbabwe of today, things have changed, jobs are scarce and a university degree no longer guarantees one a job. Yet universities continue to channel out graduate year in year out and yet these universities are still not keeping up with the current changes. The graduating class of 2018 are entering an employment market already bloated with unemployed graduates of yesteryear.
The environment in Zimbabwe is clear that there is a need to create more jobs and more business opportunities yet our academic institutions still focus on raising employable graduates rather than entrepreneur ones. Students typically get into and out of University with only one sole aim of becoming an employee for only to have their dreams shattered. Unlike many other sectors of the Zimbabwean economy facing all sorts of operating challenges, the ICT industry has remained remarkably resilient in the face of the macro-economic instability. At this time when our economy growth is slow and continuous volatility in Zimbabwe our government should be looking for policies that will stimulate growth and create new jobs.
Statistically agriculture and mining are no longer the backbone of Zimbabwe's economy. The TRUE driver of Zimbabwe's economy is the Information Communications technology (ICT) sector and the number one contributor to the fiscus, which is mostly driven by the private sector. It is not only one of the fastest growing industry directly creating thousands of jobs, but it is also an important enabler of innovation and economic development. Almost all firms and consumers use mobile devices, computers and Internet connection for their day to day tasks and this contributes to the Zimbabwe's economic environment, such as providing consumers with a more diversified and customized products, improving product quality, and selling goods and services. ICT touches nearly every industry sector with innovative, personalized and efficient solutions. Along with the growing impact of individuals, the ecosystem includes fixed and mobile network operators, mobile money, Internet service providers, chipset design firms, device manufacturers, application developers, content owners and infrastructure providers.
Evidently, the extension of ICT and its influences on economic growth in both developed and developing countries has increased very fast during the last two decades. Information and Communication Technology (ICT) advances has given ICT students opportunities to start and grow their own business. As a dominant group that follow ICT advances, youth, especially university students, have been taking the opportunity to start business by utilizing ICT. The entrepreneurship trend also pushes them to become entrepreneur.
With the energy, water and transport crisis, Zimbabwe economic growth and development will not be achieved without the appropriate economic and social infrastructure. The second republic has to focus on the improvement and the quality of infrastructure services, this has to be cornerstone of the country's strategy, policy and programs to promote economic growth. By adopting the right policies, Strategies and programs the government should encouraging the incorporation of ICT investments in all physical infrastructures (water supplies, smart buildings, smart roads, electricity grids, alternative transportation, schools and natural disaster-prevention programs) in a way that encourage fair and open markets with great incentives for investment, open and transparent procedures, collaboration and innovation.
While all the other sectors of Zimbabwe's economy experiences a period of extreme difficulty, the ICT sector presents a tremendous opportunity for economic growth. Without a doubt, ICT is a critical foundation upon which the Zimbabwean economic recovery will occur. But to ensure this potential, all parties including the government must uphold their responsibilities to ensure healthy market-based relationships, where parties both compete and cooperate. Make no mistake, the ICT industry sector is strong and economically healthy. The ICT sector has the potential to creation 40,000 new jobs if the ICT sector participates in all current and future infrastructure development.
Engineer Jacob Kudzayi Mutisi
For more details go to http://engineeringnews.co.zw/2019/07/10/ict-zimbabwes-economic-driver/?preview=true&_thumbnail_id=193
The environment in Zimbabwe is clear that there is a need to create more jobs and more business opportunities yet our academic institutions still focus on raising employable graduates rather than entrepreneur ones. Students typically get into and out of University with only one sole aim of becoming an employee for only to have their dreams shattered. Unlike many other sectors of the Zimbabwean economy facing all sorts of operating challenges, the ICT industry has remained remarkably resilient in the face of the macro-economic instability. At this time when our economy growth is slow and continuous volatility in Zimbabwe our government should be looking for policies that will stimulate growth and create new jobs.
Statistically agriculture and mining are no longer the backbone of Zimbabwe's economy. The TRUE driver of Zimbabwe's economy is the Information Communications technology (ICT) sector and the number one contributor to the fiscus, which is mostly driven by the private sector. It is not only one of the fastest growing industry directly creating thousands of jobs, but it is also an important enabler of innovation and economic development. Almost all firms and consumers use mobile devices, computers and Internet connection for their day to day tasks and this contributes to the Zimbabwe's economic environment, such as providing consumers with a more diversified and customized products, improving product quality, and selling goods and services. ICT touches nearly every industry sector with innovative, personalized and efficient solutions. Along with the growing impact of individuals, the ecosystem includes fixed and mobile network operators, mobile money, Internet service providers, chipset design firms, device manufacturers, application developers, content owners and infrastructure providers.
Evidently, the extension of ICT and its influences on economic growth in both developed and developing countries has increased very fast during the last two decades. Information and Communication Technology (ICT) advances has given ICT students opportunities to start and grow their own business. As a dominant group that follow ICT advances, youth, especially university students, have been taking the opportunity to start business by utilizing ICT. The entrepreneurship trend also pushes them to become entrepreneur.
While all the other sectors of Zimbabwe's economy experiences a period of extreme difficulty, the ICT sector presents a tremendous opportunity for economic growth. Without a doubt, ICT is a critical foundation upon which the Zimbabwean economic recovery will occur. But to ensure this potential, all parties including the government must uphold their responsibilities to ensure healthy market-based relationships, where parties both compete and cooperate. Make no mistake, the ICT industry sector is strong and economically healthy. The ICT sector has the potential to creation 40,000 new jobs if the ICT sector participates in all current and future infrastructure development.
Engineer Jacob Kudzayi Mutisi
For more details go to http://engineeringnews.co.zw/2019/07/10/ict-zimbabwes-economic-driver/?preview=true&_thumbnail_id=193
Source - Engineer Jacob Kudzayi Mutisi
All articles and letters published on Bulawayo24 have been independently written by members of Bulawayo24's community. The views of users published on Bulawayo24 are therefore their own and do not necessarily represent the views of Bulawayo24. Bulawayo24 editors also reserve the right to edit or delete any and all comments received.