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Monday, August 17, 2020

THE DIGITAL REVOLUTION HAS A PROFOUND IMPACT ON TANZANIA’S ECONOMY

 

It is well known that the digital revolution has had a profound impact on people’s daily lives in recent years.

Fortunately, these changes have brought a range of opportunities and also present Tanzania with a useful tool for harnessing further economic growth.

In particular, in its recent report, the World Bank highlighted that the evolution of digital technology is likely to bring further changes to the way people work across a range of industries. Their analysis noted that digital solutions are helping to innovate areas including mobile finance and digital commerce solutions.

It should be noted that for some years now, digitalization has become a key trend within Tanzania, and cities like Dar es Salaam have seen their technological ecosystems go from strength to strength.

The growth of this area has partly been the result of efforts made by Tanzania’s telecommunication sector to invest in different emerging trends. Collectively, this investment is having tangible benefits for both workers and businesses.



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