ICT sector contributes 15% to GDP- Mutati

Minister of Technology and Science, Felix Mutati has revealed that the Information and Communication Technology (ICT) sector is currently the fastest-growing in Zambia, contributing about 15 percent to the country’s Gross Domestic Product (GDP). Speaking during the Zambia-Mauritius ICT Business Forum in Lusaka, Mr Mutati attributed the growth to deliberate and structured reforms implemented since the creation of the ministry in 2021. He explained that government has removed import duties on digital infrastructure to attract investment and also introduced policies to prevent duplication, including infrastructure sharing among telecommunications companies.Mr Mutati added that Zambia has also simplified regulatory processes, including environmental assessments, to accelerate investment in the sector.He stated that Zambia’s improved economic standing, including debt restructuring, has positioned the country as an attractive investment destination, with over 12 billion United States Dollars recorded in sector investments within four years.Mr Mutati reaffirmed the country’s commitment to digital transformation, highlighting the country’s rapid growth in the ICT sector as a key driver of economic development.He further said Zambia is leveraging its strengths in cyber security and digital infrastructure to not only benefit the country but also the African continent at large.And Mauritius Minister of Information Technology, Communication and Innovation,Avinash Ramtohul said his country stands ready to partner with Zambia and other African countries in driving digital transformation and innovation.Dr Ramtohul added that Mauritius looks forward to enhancing business ties through ongoing engagements with Zambia in order to strengthen digital cooperation.

He explained that government has removed import duties on digital infrastructure to attract investment and also introduced policies to prevent duplication, including infrastructure sharing among telecommunications companies. Mr Mutati added that Zambia has also simplified regulatory processes, including environmental assessments, to accelerate investment in the sector.He stated that Zambia’s improved economic standing, including debt restructuring, has positioned the country as an attractive investment destination, with over 12 billion United States Dollars recorded in sector investments within four years.Mr Mutati reaffirmed the country’s commitment to digital transformation, highlighting the country’s rapid growth in the ICT sector as a key driver of economic development.He further said Zambia is leveraging its strengths in cyber security and digital infrastructure to not only benefit the country but also the African continent at large.And Mauritius Minister of Information Technology, Communication and Innovation,Avinash Ramtohul said his country stands ready to partner with Zambia and other African countries in driving digital transformation and innovation.Dr Ramtohul added that Mauritius looks forward to enhancing business ties through ongoing engagements with Zambia in order to strengthen digital cooperation. Mr Mutati added that Zambia has also simplified regulatory processes, including environmental assessments, to accelerate investment in the sector.

He stated that Zambia’s improved economic standing, including debt restructuring, has positioned the country as an attractive investment destination, with over 12 billion United States Dollars recorded in sector investments within four years.Mr Mutati reaffirmed the country’s commitment to digital transformation, highlighting the country’s rapid growth in the ICT sector as a key driver of economic development.He further said Zambia is leveraging its strengths in cyber security and digital infrastructure to not only benefit the country but also the African continent at large.And Mauritius Minister of Information Technology, Communication and Innovation,Avinash Ramtohul said his country stands ready to partner with Zambia and other African countries in driving digital transformation and innovation.Dr Ramtohul added that Mauritius looks forward to enhancing business ties through ongoing engagements with Zambia in order to strengthen digital cooperation. He stated that Zambia’s improved economic standing, including debt restructuring, has positioned the country as an attractive investment destination, with over 12 billion United States Dollars recorded in sector investments within four years. Mr Mutati reaffirmed the country’s commitment to digital transformation, highlighting the country’s rapid growth in the ICT sector as a key driver of economic development.He further said Zambia is leveraging its strengths in cyber security and digital infrastructure to not only benefit the country but also the African continent at large.And Mauritius Minister of Information Technology, Communication and Innovation,Avinash Ramtohul said his country stands ready to partner with Zambia and other African countries in driving digital transformation and innovation.Dr Ramtohul added that Mauritius looks forward to enhancing business ties through ongoing engagements with Zambia in order to strengthen digital cooperation.

[paywall]

Mr Mutati reaffirmed the country’s commitment to digital transformation, highlighting the country’s rapid growth in the ICT sector as a key driver of economic development. He further said Zambia is leveraging its strengths in cyber security and digital infrastructure to not only benefit the country but also the African continent at large.And Mauritius Minister of Information Technology, Communication and Innovation,Avinash Ramtohul said his country stands ready to partner with Zambia and other African countries in driving digital transformation and innovation.Dr Ramtohul added that Mauritius looks forward to enhancing business ties through ongoing engagements with Zambia in order to strengthen digital cooperation. He further said Zambia is leveraging its strengths in cyber security and digital infrastructure to not only benefit the country but also the African continent at large.

And Mauritius Minister of Information Technology, Communication and Innovation,Avinash Ramtohul said his country stands ready to partner with Zambia and other African countries in driving digital transformation and innovation.Dr Ramtohul added that Mauritius looks forward to enhancing business ties through ongoing engagements with Zambia in order to strengthen digital cooperation. And Mauritius Minister of Information Technology, Communication and Innovation,

[/paywall]