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Home Business & Economy

MTC expands 4Life program to empower Namibian youth

by editor
February 5, 2025
in Business & Economy
7
A A

Mobile Telecommunications Limited (MTC) has announced the continuation of its MTC 4Life program, a Corporate Social Investment (CSI) initiative aimed at equipping Namibian youth with entrepreneurial and practical business skills.

Since its inception, the program has trained 90 young Namibians, providing them with the necessary tools to start or expand their small and medium enterprises (SMEs) as part of efforts to curb unemployment.

According to MTC, this year, the program will provide 40 youth from the Erongo, Hardap, Omaheke, and Zambezi regions with a two-week intensive training course in various trades, including barbering, brick manufacturing, animation, carpentry, hairstyling, electricity and solar installation, upholstery, and welding.

The training will be conducted by qualified Namibian trainers contracted by MTC. Upon completion, participants will receive a start-up toolkit along with N$5,000 in seed capital to help establish or grow their businesses.

Explaining the selection of the four regions, MTC Corporate Communications Practitioner Erasmus Nekundi stated that the program follows a strategic rotational approach to ensure nationwide impact.

“Since last year, we have adopted a targeted approach of tackling a few regions at a time to achieve program implementation efficacy and maximize impact. In the previous cycle, we covered Omusati, Kavango East and West, Kunene, and Otjozondjupa. Now, we are focusing on new regions that have not yet benefited,” Nekundi said.

He further emphasized MTC’s commitment to contributing to Namibia’s social and economic development.

“As a corporate citizen, MTC continues to drive and uphold programs such as MTC 4Life to reduce youth unemployment by imparting necessary skills and providing capital to help young entrepreneurs establish their own micro businesses,” he added.

MTC stated that applications for this year’s intake are open until February 27, 2025. Interested candidates can find more information on eligibility criteria and the application process on MTC’s official website and social media platforms.

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