• Latest
  • Trending
  • All
  • News
  • Business
  • Politics
  • Science
  • World
  • Lifestyle
  • Tech
Experts task government to take digital transformation as top priority

Experts task government to take digital transformation as top priority

March 29, 2022

Jobless Man Breaks Down Narrating to Senators How Conwoman Swindled Him

June 9, 2023

Family firm of UK’s Princess Kate owes £2.6 mn – Kampala Sun

June 9, 2023

US Supreme Court Rules In Favor Of Black Alabama Voters

June 9, 2023
Two suspected child traffickers arrested in Mityana – 93.3 KFM

Two suspected child traffickers arrested in Mityana – 93.3 KFM

June 9, 2023
DENIS JJUUKO: Physical people counting a serious blow to e-government aspirations

DENIS JJUUKO: Physical people counting a serious blow to e-government aspirations

June 9, 2023
HIV/AIDS fight seems to have stagnated, activists warn

HIV/AIDS fight seems to have stagnated, activists warn

June 9, 2023
ICPAU backs junior woodball, again

ICPAU backs junior woodball, again

June 9, 2023
How Ruto is Making Edwin Sifuna Struggle in His Senate Role

How Ruto is Making Edwin Sifuna Struggle in His Senate Role

June 9, 2023

Boyz II Men in Nairobi, next stop – Uganda – Kampala Sun

June 9, 2023

VOA Newscasts

June 9, 2023
She Cranes still haunted by training facilities – 93.3 KFM

She Cranes still haunted by training facilities – 93.3 KFM

June 9, 2023
FULGENCE SSENDAGALA KAJUBI: The Great Corporate Tax dodge and the OECD BEPS Action Plan 

FULGENCE SSENDAGALA KAJUBI: Proactive Tax Risk Management & Tax Compliance Status Checklist

June 9, 2023
ADVERTISEMENT
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Friday, June 9, 2023
  • Login
UGNEWS24
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
    • Home – Layout 4
    • Home – Layout 5
  • News
    • All
    • Business

    A beginner’s guide to the legendary Tim Tam biscuit, now available in America

    You can now play Bill Gates’ first PC game and run over donkeys on your iPhone, Apple Watch

    Indonesia’s largest fleet of taxis teams up to beat ride-hailing apps

    Instagram is testing photo albums, because nothing is sacred anymore

    7 February games you should get excited about

    Make yourself feel better by laughing at January’s best news bloopers

    Trump-May special relationship gets special treatment in the streets of London

    GoPro’s Karma drone is back on sale after design flaw made them fall out of the sky

    Of course this novelty ‘Final Fantasy’ fork is an oversized sword replica

    House Republicans Vote to End Rule Stopping Coal Mining Debris From Being Dumped in Streams

    Trending Tags

    • Donald Trump
    • Future of News
    • Climate Change
    • Market Stories
    • Election Results
    • Flat Earth
  • Tech

    Trending Tags

    • Flat Earth
    • Sillicon Valley
    • Mr. Robot
    • MotoGP 2017
    • Golden Globes
    • Future of News
  • Entertainment
  • Lifestyle
    • All
    • Food
    • Recipes
    • Travel

    Rap group call out publication for using their image in place of ‘gang’

    Meet the woman who’s making consumer boycotts great again

    New campaign wants you to raise funds for abuse victims by ditching the razor

    Betterment moves beyond robo-advising with human financial planners

    Trump’s H-1B Visa Bill spooks India’s IT companies

    Magical fish basically has the power to conjure its own Patronus

    Getting There is Half the FUN!

    Goa Tourism Appealing Visitors From Across the Globe

    Fontainebleau A Forgotten Treasure

    I know it hurts to say goodbye, but it is time for me to fly

    Trending Tags

    • Golden Globes
    • Mr. Robot
    • MotoGP 2017
    • Climate Change
    • Flat Earth
No Result
View All Result
UGNEWS24
No Result
View All Result
Home Politics

Experts task government to take digital transformation as top priority

by admin
March 29, 2022
in Politics
0
Experts task government to take digital transformation as top priority
498
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter
                            Experts from digital and financial firms have advised government to re-think and take digital transformation as a top priority if Uganda is to realize a digital financial economy in the coming years.

Speaking during the breakfast meeting organized by Beyonic Uganda Limited to discuss the power of Digital transformation in Corporate Governance on Tuesday, Michael Niyitegeka, the Director of Refectory noted that it’s the right time for experts from both the private sector and government to talk about digital transformation from a holistic side of perfection starting from the grass-root level.
Mr Niyitegeka said policymakers together with the digital solution developers must always work together to make sure their products are fit and can solve the problems of the end-users without fear of incurring high internet costs.
“We must also find out if digital is making more inclusive or putting people out of financial space. As we think of digital transformation strategy, people should not only think about the financial side of it, but they should also put into consideration the enterprise side of the game because that is the basis of everything,” he said.

                            </a>

Mr Niyitegeka added that digital transformation is the integration of digital technology into all areas of a business, fundamentally changing how a businessman operates and deliver value to customers. And it’s also a cultural change that requires organizations to continually challenge the status quo, experiment, and get comfortable with failure.
He however, cautioned that any business or economy undertaking digital transformation without focus and active commitment by the policymakers or executives, there is almost no chance of success because a digital transformation is a business-model reinvention that requires different functions across the organization to work together in new ways and this can only happen through large-scale investments in building an entirely new set of capabilities.
He also advised digital solution developers and businesses to reimagine value and be clear about getting it, make their companies attractive to top talent, become a tech and data business, build for speed and promote adoption across the enterprise.
“Key Elements in Digital Transformation are; Customer experience, Operational agility, Culture and leadership, Workforce enablement, Digital technology integration. Also, one of the main reasons for the thriving global digital economy is digital payments with a rising user base of smartphones, mobile/internet banking, e-commerce and improved internet penetration, however, in Uganda, we still have the problem of internet penetration in rural areas also digital illiteracy. This problem can only be solved by involving both policymakers and private sectors,” Mr Niyitegeka asserted.
Lawrence Micheal Oketcho, the Acting Executive Director / Director of Trade Information Uganda Export Promotion Board also noted that there is still a bigger gap between the end-user and the digital solution developers or digital financial intuitions. He, however, stated that with digital transformation becoming inclusive, trade is being made easier.
“Role of government is key to industrial policy, and export promotion and funding exports in part of the winning formula for any developing country.”
On the other hand, the Vice President of Global Enterprises (Beyonic) Doreen Lukandwa revealed that since they act as an accelerator to enable other financial Institution make transfers of monies in more than 33 countries, they are now engaging services providers such as MTN, Airtel to reduce costs of transactions.
“We have done a lot of work in building relationships with different key stakeholders at the policy level to help create awareness of what is needed and through those relationships we continue to lobby for these companies like network expanding, lowering costs of the internet, increasing access to mobile phones,”Ms Lukandwa said.
She added that internally they are trying to build products that are user friendly to even those that are not well conversant with the digital technology.
“We are doing this with both private sector and government to help create that awareness and continue to bridge that gap as we get to the digital financial inclusion that we want to see thriving in Uganda.”

Do you have a story in your community or an opinion to share with us: Email us at editorial@watchdoguganda.com

Share this:

  • Twitter
  • More
  • Facebook

Like this:

Like Loading...
Tags: a kagoma bobi winebbc news bobi wine ugandabobi winebobi wine academic papersbobi wine agebobi wine and besigyebobi wine and familybobi wine and his familybobi wine and kenzobobi wine and musevenibobi wine arua newsbobi wine at cbsbobi wine bikwase kyagulanyibobi wine biographybobi wine bobi wangebobi wine breaking newsbobi wine breaking news todaybobi wine brothers and sistersbobi wine bukedde newsbobi wine bus duniabobi wine by farbobi wine byekwaasobobi wine byekwasobobi wine cbobi wine calorinalbobi wine campaignbobi wine carsbobi wine childrenbobi wine concertbobi wine concert 2020bobi wine contactsbobi wine credentialsbobi wine educationbobi wine housebobi wine in jinjabobi wine net worthbobi wine newsbobi wine news aljazeerabobi wine news bbcbobi wine news latestbobi wine news nowbobi wine news now livebobi wine news now todaybobi wine news todaybobi wine news today in ugandabobi wine news today videobobi wine news today youtubebobi wine news ugandabobi wine news updatesbobi wine news updates todaybobi wine news yesterdaybobi wine nonstopbobi wine online concertbobi wine songsbobi wine todaythe watchdog news ugandawatchdog latest news about hhwatchdog news appwatchdog news latestwatchdog news networkwatchdog news powaiwatchdog news south africawatchdog news sri lankawatchdog news ugandawatchdog news.orgwatchdog newspaperwatchdog newspaper imo statezambian watchdog news all today
Share199Tweet125Share50
admin

admin

  • Trending
  • Comments
  • Latest
FRED LUMBUYE LATEST VIDEO AS HE TALKS ABOUT POLITICAL SITUATION IN UGANDA

FRED LUMBUYE LATEST VIDEO AS HE TALKS ABOUT POLITICAL SITUATION IN UGANDA

February 14, 2021
Saucy MUBS student Paula leaks nude video while pleasing herself

Saucy MUBS student Paula leaks nude video while pleasing herself

June 13, 2021
BAMBI! Rema ali mu kutya, obufumbo bwolekedde okusanawo, bigaanye

BAMBI! Rema ali mu kutya, obufumbo bwolekedde okusanawo, bigaanye

March 28, 2021
MP Nsereko's look alike accuses Pr Yiga of misleading him | Live Wire

MP Nsereko's look alike accuses Pr Yiga of misleading him | Live Wire

50
Jacob Omutuuze slams Kasuku, Sendi over tribalism sentiments

Jacob Omutuuze slams Kasuku, Sendi over tribalism sentiments

50
Big Eye says Eddy Kenzo made a wrong move attacking Bobi Wine

Big Eye says Eddy Kenzo made a wrong move attacking Bobi Wine

49

Jobless Man Breaks Down Narrating to Senators How Conwoman Swindled Him

June 9, 2023

Family firm of UK’s Princess Kate owes £2.6 mn – Kampala Sun

June 9, 2023

US Supreme Court Rules In Favor Of Black Alabama Voters

June 9, 2023
UGNEWS24

Copyright © 2017 JNews.

Navigate Site

  • About
  • Advertise
  • Privacy & Policy
  • Contact

Follow Us

No Result
View All Result
  • Home
  • News
    • Politics
    • Business
    • World
    • Science
  • Entertainment
    • Gaming
    • Music
    • Movie
    • Sports
  • Tech
    • Apps
    • Gear
    • Mobile
    • Startup
  • Lifestyle
    • Food
    • Fashion
    • Health
    • Travel

Copyright © 2017 JNews.

Welcome Back!

Sign In with Facebook
OR

Login to your account below

Forgotten Password?

Create New Account!

Sign Up with Facebook
OR

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
%d bloggers like this: