MTC to fork out N.dollars 12.5 million for investments

WINDHOEK: Mobile Telecommunications Limited (MTC) on Monday announced that it will fork out N.dollars 12.5 million for the financial year 2023/2024 towards corporate social investment projects around the country.

A statement issued by MTC on Monday said the investment will support new and continuing initiatives, cutting across projects in education, health, poverty alleviation, support for orphaned and vulnerable children, small and medium enterprises development and job creation, and the environment.

“This announcement will deposit continued support in areas such as land delivery and the early childhood development projects by partners development workshop Namibia, the national internship project and the MTC rural schools project that thus far made an impact in eight regions in a span of three years,” the statement read.

MTC’s Chief Human Capital, Corporate Affairs and Marketing Officer, Tim Ekandjo, noted that as a good corporate citizen of Namibia, MTC considers its responsibility to invest in the community. MTC stakeholders include not only customers, employees, shareholders, the government, regulators, and suppliers, but also very importantly, communities.

“MTC plays a significant role in the country’s economy and the lives of most Namibians who support our business by buying our products and services. It is only right that we give back,” he added.

Speaking on behalf of the Vision Restoration initiative, Dr Helena Ndume noted that the donation demonstrates that MTC really cares for the communities they operate in. She said the state-of-the-art assistance means communities are now able to get assistance without paying thousands of dollars at private practices, and that is very commendable, Ndume said.

Source: The Namibia Press Agency