Published on : Aug 12, 2015
According to the latest news, African countries should invest in the advanced technology to trace the quantity of mineral resources which are extracted by the multinational companies.
Prof at the South African High Commissioner to Uganda commented that introduction of advanced technology in African countries would help them from being cheated by international and multinational companies. The technology would help the countries tax the multinational companies accordingly.
Advanced technology has benefits of causing a positive impact on the governance by ensuring efficiency, accountability and transparency in all the things they do with the management instead of manual governance.
Most of the multinational companies extract the minerals from the African countries and do not state the exact amount in millions. Since these countries do not have the technology in order to conclude the exacting amount and tax them, they are cheated, added Prof Mollo.
Prof Mollo remarked at the opening of the 2nd International Conference on ICTM by Utamu in Kampala last week. The conference had many researchers and practitioners in ICT to discuss the research and practices in technology and management.
The vice chancellor at Utamu also noted that advanced technology is extremely beneficial once it’s introduced to communities.
The advanced technology can be used to solve many problems such as traffic jam in the transport sector and other sectors like the education and agriculture. He hopes that ministry of ICT and other ministries together facilitate new innovations in ICT to solve societal problems.
A lecturer at the University of Tennessee at Chattanooga, USA the African countries will have to find new ways on investment if they plan to develop in the technological aspect.
He added that no country can develop technologically without performing its own research first. One cannot start an industry and then run for ideas, added the Prof.