World Bank Diagnostic Report on Zimbabwe Presented to Cabinet.

The Survey gathered data from stakeholders across all social and economic sectors from 2018 to 2019.
By Tatenda Mujeyi
HARARE – The World Bank last month released the Digital Economy for Africa, Zimbabwe’s Diagnostic Report was presented to Cabinet yesterday in Harare.
The report which was launched virtually by the worldbank a fortnight ago to senior government officials and key stakeholders categorieses a country’s digital financing capabilities.
“This Digital Economy for Africa Zimbabwe Diagnostic Report was then launched by way of a virtual presentation to Senior Government Officials and other stakeholders by the World Bank Team on 27 May, 2021. The Diagnostic Report assesses Zimbabwes current position relative to other countries across the world, with the most advanced countries being categorized in the “Advanced Stage” and the least developed being classified “Nascent Stage”, Minister of Information, Publicity and Broadcasting Services, Monica Mutsvangwa said.
Zimbabwe was rated highly in terms of digital financing through mobile money usage and international connectivity despite ranking low on internal connectivity with its rural space.
“Highlights of the findings include that Zimbabwe is quite advanced in the Digital Financial Services pillar, mainly due to the ubiquitous use of mobile money and online banking services. Digital Infrastructure was considered to be fairly advanced in terms of international connectivity but still lacking in internal connectivity, particularly in rural areas.” Honourable Mutsvangwa said.
“On the other hand, while the country has very high general literacy, specialized Digital Skills were deemed to be lagging behind technology. Digital Government Platforms were considered to be improving rapidly even though lack of funding in previous years has meant that there is still large scope for further improvement.” She also said.
The report called for improvement in digital entrepreneurship, argued to be in its infancy, through creating linkages between innovation hubs and business.
“Finally, Digital Enterpreneurship was assessed to be in its early stages and in need of greater funding for start-ups as well as for development of links between innovation centres and businesses in order to enable commercialization of inventions.” The Minister also said.
Government is optimistic that the report will have a bearing in structuring improvement in digital economy issues as in implementing the country’s NDS1 blueprint and performance indicators.
“Cabinet notes that Zimbabwe has made remarkable progress since the Digital Economy for Africa Diagnostic Survey was conducted in 2018 to 2019. Government acknowledges that the Report will assist in improving the countrys methodologies for defining the digital economy ideas, especially the metrics for measuring progress in the implementation of NDS1 and definition of the relevant Key Performance Indicators (KPIs).” Honourable Mutsvangwa also said.
The report is part of a world bank research survey launched in 2018, with surveys having done between 2018 and 2019 with the aim of informing on country odoptation of digital financing systems.
“Cabinet was advised that the World Bank launched the Digital Economy for Africa Diagnostic Survey in 2018 to assist African countries to assess the stage they are at in building and running a digital economy. In Zimbabwe, the Survey gathered data from stakeholders across all social and economic sectors from 2018 to 2019, with a draft report having been presented for feedback in 2020 and the Final Report completed in 2021” The Minister also said.
Cabinet inturn recommended that, “The Digital Economy Thematic Working Group of the NDS 1 will therefore review and update the World Bank Digital Survey given the long period that has lapsed since collection of the data used.” She concluded.

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