MTN Foundation spends R700 million in CSI

December 6, 2016 1:59 pm0 commentsViews: 28
Mteto Nyati, Chief Executive Officer of MTN South Africa .Photo -GIFT NDOLWANE

Mteto Nyati, Chief Executive Officer of MTN South Africa .Photo -GIFT NDOLWANE

JOHANNESBURG, (CAJ News) – MTN South Africa Foundation, which on Tuesday marked 15 years of existence, said it had spent R700 million (US$51 million) through various interventions.
These are in education, health, arts and enterprise development.
The MTN Group invested approximately R335 million in support of its MTN Foundations and corporate social investment (CSI) activities across its footprint during 2015.
“We are proud of the impact our outreach programmes has had on communities that are less fortunate,” says MTN SA CEO Mteto Nyati.
Then-President Nelson Mandela officially launched the first MTN Foundation (MTN SA Foundation) in Johannesburg.
The MTN Group now has a total of 14 MTN Foundations through which MTN drives its corporate social investment activities across its 22 markets in Africa and the Middle East.
MTN SA Foundation has significant huge investments in education, health and arts in South Africa, and transformed hundreds of thousands of lives.
Through its e-education programme, MTN SA Foundation reached 500 000 learners, trained more than 11 000 teachers and established a total of 386 ICT centres during the 2014-2016 period.
– CAJ News

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