news-details

Why State's huge investments in ICT are yet to pay off

ICT Authority CEO Stanley Kamanguya when he appeared before the Public Accounts Committee (PAC) for Examination of the report of the Auditor General for the year ended 30th June 2022 at Bunge Towers, Nairobi. August 27, 2024 [Elvis Ogina,Standard]

The ICT Authority has detailed a mismatch between government investments and their impact on the economy, indicating that businesses are not harnessing the potential of the sector in their operations.

The authority notes that a major reason for this ambiguity is the lack of digital skills necessary to cause a positive tilt in the economy.

It claims that people may be using the internet without the knowledge of how to maximise its potential economically.

This is even as the ICT Authority points to the informal economy as a priority when it comes to the government’s investment in ICT infrastructure.

Related Posts
Advertisements
Market Overview
Top US Stocks
Cryptocurrency Market