[kictanet] Day 2 of 10:-BPO discussions, Legal and Regulatory Frameworks

[Eric M.K Osiakwan]

Dr. Ndemo,

Please allow me to differ with you on the subject of ownership. I have  
being spending abit of my time through my private research firm to  
relate ICT to outcomes. A 2009 World Bank report has analyzed the  
impact of broadband on growth in 120 countries from 1980 to 2006,  
showing that each 10 percentage points of broadband penetration  
results in 1.21% increase in per capita Gross Domestic Product (GDP)  
growth in developed countries, and 1.38% increase in developing  
countries.

Ghana's GDP was $74MUSD in 2008 which represented a 7.8% growth, alot  
of African countries had considerable GDP growth including Kenya but  
we have experienced decline in incomes, employment, health etc, why?  
The reason between 35 and 60% of African economies are owned by  
foreigners which means that 35 to 60% of the GDP growth leaves the  
country. Back in the day the economist used Gross National Product  
(GNP) were they argued that you need to deduct the foreign  
participation from the GDP to know the real impact on the local economy.

To your point, my submission is that we neeed to have some  
considerable and in my view "majority" level of local ownership of the  
productive sectors of our economy in order for GDP to make sense,  
otherwise we need to find ways of dealing with "capital flight"  
otherwise we would create jobs etc but the return effect would be  
minimal. In the same way we want to create jobs etc, we need to also  
seek simultaneously to own the ventures that create the jobs.

Eric here


On 4 Jun 2009, at 09:15, bitange at jambo.co.ke wrote:

> Prof.  You raise good questions.  In my my view, the question on  
> foreign
> ownership should not arise now when we have thousands of our youth
> jobless. Most of those who would work in foreign owned enterprises  
> are our
> future entrepreneurs.  They will have the opportunity to learn  
> through the
> ropes before embarking on an expensive venture.
>
> We are focusing the resources into infrastructure now but in the  
> next few
> months, we begin to address capacity development.  This has been on  
> our
> rader as we developed the Multimedia University.  We did not have  
> funding
> to push the two development aspects concurently.  I am open for
> suggestions.
>
> The SEZ policy is ready at Trade Ministry.  The Law to establsh the
> incentives is underway but nevertheless we shall leverage on the  
> current
> EPZ Law.
>
>
> Regards
>
>
> Ndemo.
>
>
>
>> Dear Dr. Ndemo,
>>
>> Attached is material to guide theme 2 of e-discussion on BPOs. Any
>> comments so far? Best wishes.
>>
>> Tim Waema
>>
>>
>>
>> On Sun, 2009-05-31 at 08:28 +0300, Prof. Waema wrote:
>>> Dear Dr. Ndemo,
>>>
>>> I hope this finds you in a good state of health.
>>>
>>> Attached is the first theme of the BPO e-discussions over KICTANET
>>> FYINA. We have 5 themes which will be discussed over a two week  
>>> period,
>>> starting Tue June 2nd.
>>>
>>> Please note that we have changed the day of the stakeholders'  
>>> workshop
>>> to Wednesday July 1st. You had agreed to be the guest of honour  
>>> with the
>>> earlier date. Please confirm that you can still be the guest of  
>>> honour
>>> to open the workshop on this new date.
>>>
>>> Best wishes.
>>>
>>> tim waema
>>
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Eric M.K Osiakwan
Director
Internet Research
www.internetresearch.com.gh
emko at internetresearch.com.gh
42 Ring Road Central, Accra-North
Tel: +233.21.258800 ext 7031
Fax: +233.21.258811
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