Reinforcing its commitment to community empowerment, Mobile Telecommunication Company (MTC) has pledged N$12.5 million.
The financial assistance will help support various corporate social investment projects across the country for the 2023/2024 financial year.
These projects encompass education, healthcare, poverty alleviation, aid for orphaned and vulnerable children, small and medium enterprise development, job creation, and environmental initiatives. The telecommunication company said it is dedicated to giving back to the communities that contribute to its success.
“As a good corporate citizen of Namibia, we consider it our responsibility to invest in our community. Our 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,” said Chief Human Capital, Corporate Affairs and Marketing Officer Tim
Ekandjo.
He added that while the company’s vision includes an emphasis on an inclusive economy, similarly, creating value for all its stakeholders is at the heart of its mission. This he said translates to stakeholder inclusivity as one of MTC’s fundamental values.
“That is why we do not focus exclusively on business activities that return a profit for our shareholders but also on social investment. This is in line with the strategic framework that guides us as Namibia’s largest telecoms provider and a leading corporate,” said Ekandjo.
The company will continue to support in areas such as land delivery, early childhood development projects by partners Development Workshop Namibia, the National Internship Project, and the MTC Rural Schools Project that has thus far made an impact in eight regions in a span of three years.
MTC’s Managing Director, Licky Erastus said the company is proud to be making a significant contribution towards societal upliftment and sustainability.
“We are indeed very proud of the contributions we have made in each of these areas, but we do realise that our road towards reaching sustainability is still ongoing. As I speak, we are in the process of crafting an environmental, social and governance (ESG) framework which we hope to adopt in 2024. This framework will allow us to look at ESG holistically,” he said.
Erastus reiterated that companies must collaborate, engage each other, and partner up to make a significant impact.
“As we announce our continued support towards the social projects, we will support in the next three years, I wish to reiterate that we make a clear distinction between sponsorship and corporate social investment (CSI), and our view is that there should be absolutely no competition amongst corporates whether in the public or private sector when it comes to CSI,” said Erastus.
-Epicnakwezy@gmail.com