Business
ICTs key in MSMEs growth—Mbabazi
Publish Date: Jul 08, 2014
ICTs key in MSMEs growth—Mbabazi
The Prime minster of Uganda, Amama Mbabazi speaking during the launch of Africa One at Serena Hotal Kampala on July 4th 2014. Photo by Ronnie Kijjambu
  • mail
  • img
newvision

By Billy Rwothungeyo

Prime Minister Amama Mbabazi has urged enterprises to use Information Communication Technology (ICTs) in their quest to grow.
 
“Optimal utilization of ICTs is a driver of social and economic growth in today’s information age. ICTs are an essential pillar of growth, contributing to an emergence of new products and services, increased job creation and transformation of work routines,” he said.
 
Mbabazi made the remarks on Friday night while launching One Africa—a business information portal featuring a business listing platform, mobile apps, micro-jobs platform and a mobile re-loadable VISA in Kampala.
 
 “As government, we are aware that it will not be enough to develop ICT human resources alone. The population, especially the Micro, Small and Medium Enterprises (MSMEs) which are the major producers in our economy, must access, use and benefit from ICTs”
 
To enable this, Mbabazi said government has invested in a national backbone infrastructure and e-government project through the ministry of ICT to ensure that high bandwidth data connection is available to all major towns of Uganda at reasonable rates.
 
Mbabazi also said that harnessing the transformative power of ICTs will feature prominently in the second five-year national development plan.
 
Yusuf Kayiwa, Africa One’s business development executive said the launched solutions will help people to utilize the latest technologies in their day- to- day lives and also link up businesses, job seekers and employers to many opportunities.
 
“Africa one will boost the flow of information, increase efficiency, provide access to new markets and services in addition to creating new opportunities for income generation,” Kayiwa said.

Related stories
 

The statements, comments, or opinions expressed through the use of New Vision Online are those of their respective authors, who are solely responsible for them, and do not necessarily represent the views held by the staff and management of New Vision Online.

New Vision Online reserves the right to moderate, publish or delete a post without warning or consultation with the author.Find out why we moderate comments. For any questions please contact digital@newvision.co.ug

  • mail
  • img
blog comments powered by Disqus
Also In This Section
Dr Maggie Kigozi: Obstacles in businesses are jewels
Dr Maggie Kigozi, director Crown Beverages Ltd has challenged the youth to consider obstacles in starting and running businesses as opportunities to create better lives....
How to widen Uganda’s tax base in a large subsistence economy
Uganda’s tax base remains small and the country is grappling with measures on how to widen the tax base in light of decreasing donor funds and pressures to finance the national budget....
UAE Exchange Uganda observed World Food Day
UAE Exchange, the leading global remittance, foreign exchange and payment solutions brand observed World Food Day on 16th October. This year the theme was Family Farming: “Feeding the world, caring for the earth”...
Nigerian cleric warns Uganda over oil curse
Rev Father Edward Obi, a leading civil society activists fighting against the effects of the oil curse in Nigeria has warned Uganda that since oil has been discovered Ugandans are not safe from the negative effects the resource brings....
Oil to spur capital markets – Nsamba
This year marks 18 years since the Capital Markets Authority (CMA) was formed....
UBOS releases Producer Price Index
THE indices for hotels and restaurants indicate that annual prices for hotel services fell by 2.5 percent during the period of April, May and June 2014, compared to the same period in 2013...
Should the absence of bride price prevent couples from wedding?
Yes
No
Can't Say
follow us
subscribe to our news letter