CAPE TOWN – The Minister of Finance Tito Mboweni said on Thursday that there was a need to ensure broadband access for all in order to overcome social, economic and spatial inequality.
Mboweni was addressing the first plenary session on behalf of President Cyril Ramaphosa at the World Economic Forum (WEF) on Africa at the Cape Town International Convention Centre (CTICC).
He said if the continent did not overcome social, economic and spatial inequality in the provision of broadband, it would simply perpetuate the economic exclusion of the majority of the continent’s people.
“We all know that economic growth, job creation and entrepreneurial activity is inextricably linked to broadband access. We therefore need to ensure that broadband access – like health care and education – is available to all,” said the Minister.
South Africa is facing an unemployment crisis and the current government’s National Development Plan (NDP) states that 90 percent of all new jobs will come from SMMEs by 2030. There needs to be much more focus on SMMEs in the country’s economic policies.