Internet lowers barriers to news

INTERNET

|
Image: Anne Magola. By Vitus-Gregory Gondwe
Anne Magola

By Gregory Gondwe, Blantyre, Malawi

One of Malawi biggest banks by assets, National Bank of Malawi says the media in Malawi needs to be more innovative in the advent of ICT technology which has made access to news cheaply and easily accessible.

 “The Worldwide Web is and has disrupted and dramatically lowered the barriers to entry to the news business,” observed the Bank’s Corporate Affairs Manager Anne Magola on Wednesday. 

“The business of selling words to readers and selling readers to advertisers is slowly but surely falling apart,” Magola observed when she addressed members of the Association of Business Journalists (ABJ).

She said now that times are changing, journalists need to become more innovative in their reporting if institutions and individuals are to rely on newspapers and radios.

Magola, who was presenting a half million kwacha cheque to the association on behalf of the bank, observed that today, most people get news on the internet, and that the internet is much faster than printed news media.

“Therefore let us be very innovative in the way we write and report so that your customers, us the businesses, still buy and listen to your news,” she said.

“I am sure you know the consequences of losing this business.  I will not go into detail, it is common sense,” added Magola.

ABJ is preparing for its annual national conference and is soliciting funds from its partners like the banks.

Magola said the journalists will need to take advantage of the meeting to network so that they achieve more in this aspect.

“No man or institution exists in isolation,” she advised. “Let me therefore appeal to your respective members to exploit new untapped opportunities through effective networking at this event.”

ABJ Secretary General Henry Mchazime appreciated the Bank’s advice but believes this can be achieved if organizations and individuals are to make the right decisions.

“The right information must always be available, hence our call for players in every sector of the economy to come forward and directly interact with the business journalists,” he said.



Share the News

Get Daily Newsletter

Search News

comments powered by Disqus

MORE INTERNET NEWS

MTN Business encourages transport and logistics industry to realise the impact of M2M

If embraced and implemented properly, M2M has numerous abilities to provide South African fleet managers with useful information regarding fuel usage, routing, and vehicle diagnostics, says MTN Business.     Read More

Nigeria satellite resources to boost economic growth

The Management of NigComSat says Nigeria’s satellite resources are primed to help the nation in accelerating robust ICT infrastructure to boost economic development for the country. Read More

Win for Kenyan bloggers as court quashes controversial law

Bloggers and social media users in Kenya have with sighed relief with quashing of a contentious section of law that State has been using to prosecute individuals who were mostly perceived to be critics of the establishment.  Read More

Africa-1 Consortium signs MOU

MTN Group, PCCW Global, Saudi Telecom Company (STC), Telecom Egypt (TE) and Telkom South Africa have signed an agreement on the construction of the new “Africa-1” submarine cable system. Read More

10 reasons 4G LTE makes sense for your business

Choosing mobile phones and tablets that use a 4G LTE connection will give businesses the digital clout they need to maximise productivity, says Qualcomm. Read More

ZACR responds to court ruling

ZACR says a new temporary ruling means that domain names ending with .Africa cannot be currently offered for registration by the ZACR and its Registrar partners.  Read More

Nigeria plans in-country data hosting

Maher Jarmakani, Minister Adebayo Shittu and Ayotunde Coker Nigeria’s Minister of Communications says once Nigerian data centres have enough capacity, the Nigerian government will put a stop to its data being hosted abroad. Read More

New online shopping portal open for business in Kenya

A new e-commerce website, Cartelia, is now open for business across Kenya. Read More

Kenyan Blogger arrested for allegedly sending a bank out of business

Kenyan Inspector General of Police Joseph Boinnet In a bid to tame social media negative impact on the financial sector, Kenyan Inspector General of Police Joseph Boinnet on Friday announced the arrest of blogger David Mukunzi Zawadi. Read More

Construction commences on Angola Cables' South Atlantic Cable System (SACS) by NEC

Angola Cables S.A. and NEC Corporation have announced that the contract to build the South Atlantic Cable System (SACS), the first subsea fiber optic cable system ever to connect Africa and South America in the southern hemisphere has come into force.  Read More

PRESS OFFICES

Sage EnterpriseSAP AfricaTrust PayVMWareSamsung ElectronicsMitsumi DistributionPhoenix DistributionMTN BusinessSchneider ElectricMultichoiceMicrosoft 4AfrikaNetworks UnlimitedArbor Networks

FEATURED STORY

Nigeria satellite resources to boost economic growthNigeria satellite resources to boost economic growth

The Management of NigComSat says Nigeria’s satellite resources are primed to help the nation in accelerating robust ICT infrastructure to boost economic development for the country.

IN DEPTH

IBM Opens First Cloud Data Centre in South AfricaIBM Opens First Cloud Data Centre in South Africa

IBM is opening a new IBM Cloud Data Centre in Johannesburg, South Africa. The new cloud center is the result of a close collaboration with Gijima and Vodacom and is designed to support cloud adoption and customer demand across the continent.  

COMPANY NEWS

RSA research reveals blind spots in threat detection

RSA, The Security Division of EMC, has released the results of a new Threat Detection Effectiveness Survey.

Networks Unlimited event highlights SimpliVity's new Omnistack Software

Leading data protection focused distributor invites hyperconverged vendor to discuss disaster recovery and data protection.

MTN and Ericsson lead the way with first LTE-U network

To future proof its business, MTN SA, together with Ericsson, has successfully trialled LTE-Unlicensed (LTE-U) at MTN’s flagship channel store in Morningside, Johannesburg.