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“ STIMULATING THE NAMIBIAN DIGITAL ECONOMY ”. Prepared by: Helene Vosloo Head: Economics and Sector Research. The Namibian Economy. Is a: Network, Goods and services that are freely produced, Goods and services are exchanged = demand and supply, Via cash or credit. The Economic Cycle.
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“STIMULATING THE NAMIBIAN DIGITAL ECONOMY” Prepared by: Helene Vosloo Head: Economics and Sector Research
The Namibian Economy Is a: • Network, • Goods and services that are freely produced, • Goods and services are exchanged = demand and supply, • Via cash or credit
The Economic Cycle AUCTION FARM RESTAURANT SERVICE BUTCHER – JOBS
The Namibian “DIGITAL” Economy … is based on: • ICT infrastructure • to allow new opportunities/challenges • for business and government.
The Namibian “DIGITAL” Economy FARM AUCTION RESTAURANT SERVICE BUTCHER – JOBS
Contribution to Namibian GDP ICT is an ENABLER! ICT is a catalyst! ICT is the foundation!
Contribution to Namibian GDP • ICT continues to add significantly to economic development specifically development to Namibian economy
ICT Contribution to Namibian GDP • NAMIBIAN ECONOMY (mining, fishing, tourism, agriculture etc.) • 2007: 2.9% = N$1833m • 2008: 2.9% = N$ 1883m • Research ICT Africa, 2010
ICT Contribution to Other Economies Mauritius 6.7% Ghana 1.8% Nigeria 3.5% South Africa 10%
“DIGITAL” Economy…based on ICT Infrastructure • new opportunities/challenges business and government? • LOCAL AND RELEVANT CONTENT • HIGHER SPEED • NEW INFRASTRUCTURE • HUMAN RESOURCES • ICT SKILLS • INNOVATE – NEW PRODUCTS AND SERVICES • CAPEX FUNDING • NEW POLICIES, LAWS AND REGULATIONS
“DIGITAL” Economy…based on ICT Infrastructure • New opportunities for innovation? • Future daily use of ICT’s in Namibia to be stimulated? • Local and relevant content • Knowledge creation • Develop software and applications – games, Internet banking, Internet websites, anti-virus programs, etc.
Opportunities for Innovation? Namibian Born Herman Heunis
“DIGITAL” Economy…based on ICT Infrastructure • Does Namibia have the above in place? • How is Namibia ranked internationally w.r.t. the digital economy?
Namiba’s Ranking by the Global Competitiveness Report • Namibia was ranked by 2 recent reports on the ICT sector: • The Global Competitiveness Report • The Global Information Technology Report • The Global Competitiveness Report measured Namibia i.t.o. technological Readiness. • Namibia was ranked 99th out of 142 countries.
Namiba’s Ranking by the Global Competitiveness Report • Technological Readiness: • the speed to adopt existing technologies, • to enhance the productivity ofindustries, • with specific emphasis on its capacity to fully utiliseICT for innovation, • in daily activities and production processes, • for increased efficiency and competitiveness.
Namibia’s Ranking by the Global Information Technology Report • The Global Information Technology Report ranks countries according to an index called Networked Readiness. • It is developed from 10 pillars constituting several indices. • Namibia ranks 105th out of 142 countries.
Some Current Namibian Statistics Namibia 3rd Cheapest In Africa in March 2012
Social and Economic Impact – MDG 2015 • E-Job creation – reduce poverty • E-skills training and development • Primary ICT Education • E-health • Gender Economic Empowerment
Social and Economic Impact • Targets: • Growing industrial sector • Modernised agricultural sector • Educated and Healthy people
Social and Economic Impact • How: • Modern ICT Infrastructure • Amend VISON 2030 to address the knowledge-based economy
Social and Economic Impact • ICT Infrastructure development “Modern, reliable infrastructure is critical for high and sustained economic growth. Without such infrastructure, almost everything in the economic value chain tends to be slower, less reliable, and more expensive than necessary. ”
Social and Economic Impact • NDP4 • High and sustained economic growth • Increased income equality • Employment creation
Social and Economic Impact • NDP4 • Identify and Deploy strategically identified ICT Projects, Software and Applications Development for targeted interventions in strategic economic sectors, by partnering between the USF and NPC : • Logistics • Tourism • Manufacturing • Agriculture
Namibian ICT Ecosystem It starts with the citizen! The citizens aspirations and hope for a decent quality of living!
Finally… • LETS START THE NATIONAL DISCUSSION: • ON DEVELOPING A NAMIBIAN ICT ECOSYSTEM ROADMAP • THAT IS BASED ON THE DIGITAL ECONOMY…