Internet lowers barriers to news
INTERNET| Sept. 27, 2012, 8:13 a.m.
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.
MORE INTERNET NEWS
Commission calls for enhanced broadband planningRwandan President Kagame has presented an open letter from the Broadband Commission to PP-14 delegates, calling for enhanced broadband planning processes. Read More
Liquid Telecom announces UGX 2 billion investment in pan-Ugandan internet infrastructureLiquid Telecom has announced UGX 2 bn of investment in its Ugandan subsidiary Infocom, to extend its pan African fibre cable infrastructure across Kampala’s Central Business District and to multiple rural towns across Uganda. Read More
MoboFree marketplace opens shop in NigeriaMoboFree.com, a social market place across Africa,is set to launch its local presence in Lagos, Nigeria as users number grow tremendously. Read More
Bid to restructure Senegal’s online mediaA high-level media forum will be held in Dakar in November to seek ways of restructuring the country’s online media to make it more professional. Read More
Mobile internet “greatly improved” lives of 63% of AfricansSixty-three per cent of mobile internet users in Kenya, Nigeria and South Africa have said their lives have been “greatly improved” by being able to access internet via their mobiles, compared to 41 per cent in the United Kingdom (UK). Read More
SAPIS launches virtual event platform to empower real estate professionalsSAPIS, the Sub-Saharan Africa Property Investment Summit, has launched a platform for virtual events to enable Africa’s real estate sector to communicate and participate with ease. Read More
Fibre optic: Congo-Brazzaville releases evaluation reportThe Republic of Congo has released an evaluation report on its fibre optic networks, showing that the country has already completed 53 of the 66 projects to be implemented as part of the country's Central African Backbone. Read More
Agents jostle to join Glo XchangeThe number of mobile money agents around the country has continued to swell as the Glo Xchange train moved to in Imo, Benue, Niger, Plateau and Kogi over the weekend. Read More
Samsung Electronics sets 5G speed recordSamsung has announced that it has achieved an industry best 7.5Gbps speed record and the first-ever, uninterrupted 1.2 Gbps 5G connection while travelling 100km/h. Read More
Malawi’s online job search engine acquires SSL CertificateMalawi’s first ever online job search engine, has joined the elite in the business by acquiring an Extended Validated SSL Certificate. Read More
FEATURED STORYGrowing African focus on data security
Beachhead Solutions’ new SA and Mauritius country manager explains the challenges and solutions around securing customer data and compliance with new personal information legislation.
BEST READ NEWS
IN DEPTHAfrica lags on digital migration
Only three African countries have so far completed the digital migration process, and serious issues are hampering the migration in other nations.
COMPANY NEWSSAP accelerates shift to the Cloud with 41% revenue growth in third quarter
SAP has once again raised its revenue outlook, reporting broad market adoption of SAP HANA and its ‘Run Simple’ strategy validated.