'Radical ICT policy shift a threat to growth'
Leading information and communications technology executive says the government's proposed ICT policy will drive investors away
Leading information and communications technology executive Mteto Nyati says the government's proposed ICT policy will drive investors away from the most critical industry in the country, and have devastating consequences for the economy. Until last week Nyati was CEO of MTN South Africa, which he had begun turning around after a disastrous few years. Then, seemingly out of the blue, he announced that he was leaving to become CEO of ailing electronics group Altron — which he intends to restore to its former glory by focusing on ICT. He starts in April. Having spent years in senior leadership positions at IBM and Microsoft before he was head-hunted to rescue MTN South Africa, Nyati has more experience of the ICT industry than most. And he believes it has the potential to play a critical role in South Africa's economic growth.But this potential will be destroyed if a white paper on ICT policy being pushed by Telecommunications and Postal Services Minister Siyabonga Cwele is implemente...
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