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
PWC: Internet to generate most media spend across AfricaIncreased Internet access will generate more consumer spend than any other media product or service in the next five years in the South African entertainment and media industry, according to a report issued by PwC. Read More
Telecom Namibia launches 120Mbps FTTP high-speed broadbandTelecom Namibia has launched new unlimited high speed broadband service with speeds up to 120Mbps in certain parts of the country. Read More
DRC: 80 million people, few ISPsWith only around 20 ISPs operating in DRC, users report a lack of competition and high prices. Read More
Schoolboy named SA’s Social Media Star of 2014.Schoolboy Nadav Ossendryver, who founded the Kruger Sightings website when he was just 15, has been awarded for building his wildlife sightings service into the most viewed YouTube channel based in South Africa. Read More
Pamoja, Symantec unite on African cloud ecosystemPamoja, a leading cloud services company and aggregator for Symantec’s cloud range of security services, will, together with Symantec, host a partner information session in Nairobi, Kenya to launch their cloud services. Read More
1bn minutes through Nigerian interconnect exchange carriersWorld Telecom Labs (WTL) today announced that more than 1 billion minutes have passed through its specialist 2nd generation VoIP switches deployed by five of Nigeria’s interconnect exchange carriers. Read More
SEACOM introduces NAPAfrica Remote Peering serviceSEACOM has launched a NAPAfrica Remote Peering service that enables NAPAfrica members connected to at least one NAPAfrica exchange point to easily peer with all NAPAfrica exchange point members, across SEACOM’s South African IP/MPLS backbone. Read More
Scribes seek freedom in cyberspaceJournalists from the Southern African bloc were in Botswana for deliberations on the findings of an earlier survey on “Freedom of Expression in Cyberspace.” Read More
Demystifying LTEWhat is LTE really, how does it benefit the consumer and is there a downside to this technology? DCC explains. Read More
FEATURED STORYMFarmer SMS redefines market access for Ugandan farmers
Ugandan smallholder farmers are benefitting from an ambitious innovative ICT mobile phone initiative that offers weather reports and up-to-date market information about changes in prices for agricultural commodities, thus granting them lucrative returns from their farming ventures.
BEST READ NEWS
IN DEPTHNIG President speaks his mind
Bayo Banjo, CEO, Disc Communications and President, Nigeria Internet Group (NIG) says the proposed licensing of infrastructure companies by the Nigeria Communications Commission (NCC) will breed corruption and entrench monopolistic practices. Kokumo Goodie reports.
COMPANY NEWSSAP innovation transforms how Governments conduct business
SAP Africa kicked off its public sector innovation roadshow in Johannesburg, to highlight how the SAP innovation solutions portfolio including, cloud and big data, supports all levels ...