Zimbabwe Putting More Investment In ICT - Reports
As part of its efforts towards creating a digitally enabled economy, Zimbabwe will increase investment in the Information and Communication Technology (ICT) sector. Decent ICT infrastructure improves production efficiencies across socio-economic sectors in line with global trends.
The Zimbabwean government has expressed that it fully intends to exploit the opportunities presented by ICTs to ensure a productive business environment which enables new investments by the private sector to keep pace with the rapidly evolving ICT landscape.
“Technology is the new frontier driving change and transformation within economies and communities. Innovation is transforming and disrupting traditional industries and creating new ones that drive economic growth and provide platforms for societies to connect, “ said Finance and Economic Development Minister Professor Mthuli Ncube in the 2021 Zimbabwe Infrastructure Investment Development.
“The NDS for 2021-2025 seeks to facilitate the attainment of a digitally enabled economy, where all sectors embrace ICTs to improve efficiency and effectiveness, in line with the global trends.”
This also comes as global innovators are looking at enhancing economic growth using ICT. Zimbabwe is also looking at improving the country’s ranking on the ICT Development Index. As of 2017, the International Telecommunications Union (ITU) ICT Development Index (IDI) Report, ranked the country at 136 out of 176. This was mainly due to limited access to ICT services and high bandwidth costs. In line with this, Ncube said the focus would be on further deployment of broadband infrastructure, investments in last-mile connectivity, smart Government systems, and ICT access centres for marginalised groups.
During the 2021 year, sector regulator, Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) will through the Universal Services Fund (USF) disburse $500 million of 10 base stations, with the infrastructure being shared by all players in the industry. This move will boost network expansion and accessibility. Other projects lined up in the country include the rolling out of a 4G network.