The minister for Information, Communication and Technology, Timothy Masiu has called on economic and non-economic sectors to support economic policies.
He aligned his call with the Governments plans to kick-start the country’s economic growth through Special Economic Zones as seen in the recent passing of the Special Economic Zone Legislation.
The minister says the recent amendment to the Investment Promotion Act consolidates the government’s efforts to streamline process and appetite for foreign direct investments while this years National Budget has put a strong emphasis on the SME sector.
“The onus is now on other economic and non-economic sectors to support these economic policies. My Ministry is focused and tracking the digital transformation agenda.”
Masiu adds that however, they have seen that the National ICT Act 2009 is fast becoming outdated given the emerging policy issues accumulated over 14 years.
He says they must take stock and update the legal framework to create chances for people to grow with new investment opportunities.
“In the case of my Ministry, we are interested in growing the telecommunication sector and slashing internet prices so that we support both foreign direct investment and SME growth.”
He has instructed for a comprehensive review of the National ICT Act 2009 to be undertaken by the Technical Working Group within two months before we start giving options to government.