{"id":36264,"date":"2023-10-20T15:58:09","date_gmt":"2023-10-20T15:58:09","guid":{"rendered":"https:\/\/www.africa-press.net\/eswatini\/?p=36264"},"modified":"2023-10-20T15:52:32","modified_gmt":"2023-10-20T15:52:32","slug":"mtn-eswatinis-e950k-for-youth-empowerment","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/eswatini\/all-news\/mtn-eswatinis-e950k-for-youth-empowerment","title":{"rendered":"MTN ESWATINI\u2019S E950K FOR YOUTH EMPOWERMENT"},"content":{"rendered":"

Africa-Press – Eswatini. <\/strong><\/span>MTN Eswatini has supported JA, SEDCO, YERF and Young Heroes – organisations described as to have augmented the MTN Foundation\u2019s dream of empowering young people in Eswatini in various programs.<\/b><\/p>\n

The telecommunications company supported the said organisations with a total investment of E950 000, which will be shared as follows: Junior Achievement (JA) -E200 000, Youth Enterprises Revolving Fund (YERF) \u2013 E200 000, Young Heroes \u2013 E300 000 and Small Enterprises Development Company (SEDCO) \u2013 E250 000.<\/p>\n

These companies are involved in projects which include providing scholarships for vulnerable youth in Technical and Vocational Education and Training (TVET), providing entrepreneurship training and providing loans for young people to start and grow their businesses.<\/p>\n

MTN Foundation Board Chairperson Busisiwe Simelane said it was the foundation\u2019s responsibility to ensure that the youth gets the necessary support to thrive.<\/p>\n

Contribution<\/b><\/p>\n

\u201cIt is also our contribution to the country\u2019s economic recovery process to support the development of young people and youth entrepreneurs who will contribute to the acceleration of economic activities going forward,\u201d said Simelane. She mentioned that the foundation would be continuing to come up with initiatives that would empower and grow young people\u2019s businesses. Simelane stated that this was part of their contribution to addressing the challenge of youth unemployment and stimulation of economic recovery. She said they strongly believed that these programmes would fuel Eswatini\u2019s entrepreneurship by enabling young and smart entrepreneurs to kickoff with their projects or businesses.<\/p>\n

Organisations<\/b><\/p>\n

The chairperson mentioned that the different programmes that they have been running over the years with these organisations have seen so many young people benefitting and thriving. \u201cThis is evidence that these programmes are here to change the lives of our young entrepreneurs. As indicated in the Bible, \u2018Two are better than one\u2019. MTN Foundation has learnt this nugget of wisdom firsthand,\u201d said Simelane. Speaking on behalf of the organisations, SEDCO Chief Executive Officer (CEO) Khethiwe Mhlanga said they have been seeing the growth in the different businesses they had supported in the past. Mhlanga said the businesses that were opened by the young people had a great impact on the economy as jobs were created and lives were improved as well. \u201cWe know that SMEs are the ones driving the economy,\u201d she said.<\/p>\n

For More News And Analysis About Eswatini<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Eswatini. MTN Eswatini has supported JA, SEDCO, YERF and Young Heroes – organisations described as to have augmented the MTN Foundation\u2019s dream of empowering young people in Eswatini in various programs. The telecommunications company supported the said organisations with a total investment of E950 000, which will be shared as follows: Junior Achievement […]<\/p>\n","protected":false},"author":84,"featured_media":36262,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,7],"tags":[234,248,249],"class_list":["post-36264","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-head-lines","tag-africa-press","tag-africa-press-eswatini","tag-eswatini"],"yoast_head":"\nMTN ESWATINI\u2019S E950K FOR YOUTH EMPOWERMENT - Eswatini<\/title>\n<meta name=\"description\" content=\"MTN Eswatini has supported JA, SEDCO, YERF and Young Heroes - organisations described as to have augmented the MTN Fo ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/eswatini\/all-news\/mtn-eswatinis-e950k-for-youth-empowerment\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MTN ESWATINI\u2019S E950K FOR YOUTH EMPOWERMENT\" \/>\n<meta property=\"og:description\" content=\"MTN Eswatini has supported JA, SEDCO, YERF and Young Heroes - 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