- Wednesday, 08 November 2017
Communications Authority of Kenya (CA) Director General Mr.Francis Wangusi has warned against unwarranted attacks against investors in the ICT sector.
The Communications Authority of Kenya (CA) has today warned against boycott calls of products and services of some of the licensees in the ICT sector, saying this may hurt the economy, lead to job losses and dampen the investment climate.
The warning by CA follows unwarranted political attacks on some licensees on account of their alleged manipulation of the results of the August 8th General Elections and the October 26th repeat Presidential election.
The Authority says such attacks have the potential to diminish the faith and confidence that Kenyans have in information and communications technologies (ICTSs), a critical driver of socio-economic development.
“We call upon leaders across the political spectrum to avoid making utterances that may dampen the investment climate in the country, hurt jobs in the local ICT sector and ultimately compromise the quality of life for the mwananchi,” said CA Director General Mr. Francis Wangusi, in a statement.
Mr. Wangusi meanwhile has called on Kenyans to take advantage of the choice of services available in the vibrant ICT market without undue pressure from any quarter.
“We encourage ICT consumers to exercise their freedom of choice of services and service providers and create an enabling environment for further investment in the sector to spur the growth of our economy,” He added.
The local ICT industry has made tremendous strides since liberalization in 1999, and is now one of the most strategic sectors of Kenya’s economy. According to 2017 edition of the Economic Survey, the contribution of the local ICT sector to the growth of GDP was recorded at 6.1%.
The sector has created more than two million formal and informal jobs. It is also recognized as a key driver of other sectors of the economy, including banking, agriculture, education, health, security and communication.
ICTs have revolutionized the provision of government services by enabling wananchi to access services irrespective of where they live.
The sector remains a key source of government revenue, and has won international acclaim for innovation particularly in the area of mobile money. Mobile money, which is to date the country’s leading payment platform, has played a significant role in deepening financial inclusion and promoting the ease of doing business in Kenya.
According to the Authority’s 4th Quarter Statistics Report for 2016/17 financial year, the value of mobile money transactions was recorded at Kshs1.081 trillion.
You can read the full statement here