Cameroon Tribune (Yaoundé)

Cameroon: ICT and Telecommunications Advantage to Cameroon's Economy

Godlove Bainkong

25 June 2009


The adaptation of the country to ICT evolution has eased administration.

The evolution in the Information and Communication Technology (ICT) and Telecommunications has left no country indifferent. Their contributions to growth have been remarkable.

Efforts are being made on daily basis by administrators of different sectors to ensure that their domains do not lag behind in this new-found communication chain. These efforts seem to be paying off given the level of awareness in both government offices and in the private sector. Already, recruited workers are either sent on training within their areas of work or they enroll in the so many ICT and telecommunications schools dotted around the country.

The mastery of these new forms of communication is increasingly becoming a core condition for recruitment in most, if not all sectors of the economy. This is as a result of their unavoidable importance to managers, management and the society as a whole.

The new forms of communication have opened up society as information flow is rapid now unlike before when hand mails were en vogue. It has also created so many openings for citizens who are now capable of making ends meet through many TIC and telecommunications related centers that are springing up in the country.

These centres import computers as well as other equipment that facilitate their work and the customs duties charged on these goods contribute in no small way to swelling the national income. The increasing use of computers, for example, testifies of how much customs duties are collected by customs officials. Also the money paid by these companies to set up their businesses and the operational taxes collected are other sources of income to the state.

When it is understood that taxes and customs duties constitute giant sources of state revenue,

TIC and telecommunications could arguably be likened to catalysts to the country's economic growth.

Also the sector has eased money transfer within and without the country. Companies like Moneygram, Western Union and Express Union, to name just these few, deal in receiving and sending money. The transfer and exchange charges on the money is what the companies gain get as profits and most often the money is ploughed back into business either directly or indirectly. This keeps the economy going. Also, money circulation is now easy as somebody in one part of the country can easily receive or send money to any part of his choice. Cameroonians based abroad now send home their earnings which are invested in the country. Magnificent buildings and prominent businesses in the country, reportedly owned by foreign-based Cameroonians, lends credence to this.

The capital flow in the country facilitated by these money-transfer agencies keeps the economy booming.

The country absolutely needs to continually evolve with the evolving world as anything short of this would deal a terrible blow to our economy.

Be the first to Write a Comment!

More News on allAfrica.com

Copyright © 2009 Cameroon Tribune. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica aggregates and indexes content from over 125 African news organizations, plus more than 200 other sources, who are responsible for their own reporting and views. Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica.

AllAfrica - All the Time

SELECT
SELECT

Most Active Stories: Cameroon

Topics