MAL 24/18 MAL-24:18 | Page 84

BIG DATA Facebook: Key Take Away’s For Our Local Context From Mark Zuckerberg’s Congress Testimony By Timothy Oriedo W ith public and media attention focused on Mark Zuckerberg’s congressional hearings regarding user privacy and data, among other topics, it was noticeable that some members of Congress used the hearings as an opportunity for a political sound bite, and Zuckerberg at times had to explain basic features and settings on the app. Overall, there are key lesson we can take out from it to apply to our local context. Here’s what regulators, Taxman, users, brands, marketers should take away from the hearings: Regulators It’s time we start paying attention to technology usage and application so as to lay in place policies that will mitigate the abuse of the technologies and protect interests of our citizens. It will be of great help if regulators are abreast with the development of the GDPR compliance in Europe and set in motion similar laws locally to align to the new dispensation. achieving that will be to institute a Data Residency and Sovereignty legislation that will compel facebook and other platforms to domicile the data generated by our netizens within our borders. Taxman The other option would be to craft a taxation model that could be based on the absolute revenues that facebook makes. It’s becoming evident that locally we are not capturing taxes on advertisements placed on facebook platform. Whereas there is a view to introduce a subscription version of facebook that will be free of ads, we are far from that reality in this part of the world where even free facebook in form of express Wi-Fi is being deployed. We hence need to figure a way of tapping the growing revenues that facebook mops from our market. The first step to It’s time we start paying attention to technol- ogy usage and application so as to lay in place policies that will mitigate the abuse of the tech- nologies and protect interests of our citizens. It will be of great help if regulators are abreast with the development of the GDPR compliance in Europe and set in motion similar laws locally to align to the new dispensation. 82 MAL24/18 ISSUE Here’s a breakdown of how much ad revenue Facebook generated per monthly active user across the globe in 2017 (excluding revenue generated from Instagram and WhatsApp): • US & Canada = $82.44 • Europe = $26.94 • Asia-Pacific = $8.86 • Rest of World = $6.15 • Worldwide = $19.84 Kenya for instance falls under the rest of the world bracket and from the latest State of the Internet Report by Bloggers Association Of Kenya BAKE it indicates that we have an average of 8 Million active users on facebook meaning facebook makes an average of over US$ 48 Million Dollars per month from advertising in Kenyan territory which translates to Kshs. Kshs.4Billion. The Media Local media has been hurt lately due to decline of advertising revenues and this