Naspers and the Mapungubwe Institute for Strategic Reflection (MISTRA) have released a report on the digital platform economy.
Kathy Gibson reports
Digital platforms could add R91,4bn to SA economy
The digital platform economy could be a game-changer for South Africa, potentially adding R91,4-billion to the economy by 2035.
This growth would see the sector’s contribution expand from 0,02% of GDP in 2022 to a meaningful 1,38% by 2035.
These are among the findings of a new research report from Naspers and the Mapungubwe Institute for Strategic Reflection (MISTRA) that explores the untapped potential of the country’s digital platform economy – a sector which includes online platforms that facilitate economic transactions.
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DTIC, Takealot partner to digitise township economy
The Department of Trade, Industry and Competition has signed an agreement with Takealot to develop and digitalise the township economy.
Parks Tau, minister of trade, industry and competition, made the announcement this morning at the launch of a new report from Naspers and the Mapungubwe Institute for Strategic Reflection (Mistra) that explores the untapped potential of the country’s digital platform economy.
He welcomes the collaboration between business and the public sector, recognising that the digital economy is an important global driver of growth and improved service delivery.
“The contribution of the digital economy will soon be a quarter of global GDP,” Tau says. “It contributes 17% of service exports and 3% of South Africa’s GDP.”
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