Dimensions of the digital economy in selected African countries: A case study of artisanal gold mining
Posted by BYELONGO ELISEE ISHELOKE on 20 July 2022, 23:05 SAST
As the fourth industrial revolution begins and amid an uneven ground of its developmental path, the world sees the realities of digital economy and impact thereof, like never before. Digital economy has influenced the way companies conduct businesses both internally and externally by impinging the life of the most important assets of the company i.e., the informed personnel. Online opportunities have made a significant difference in profit-making and networking of people by impacting their lives economically. Failure to access information, therefore, is detrimental to business networking and marketing as much as it stops the sharing of valuable business information. It is worth noting that the digital economy comes at a price as cybercrimes and political interference counterbalance its positive influence on other aspects of the economy. This paper considers the effect of digital economy as it plays out artisanal gold mining sector in Tanzania and compares it in other African countries.
Keywords: digital economy, digital democracy, digital dictatorship, Tanzania, economic growth