Times of Eswatini

Another E0.2m for MTN Cija Ngebhizini­si

- BY ASHMOND NZIMA

MBABANE - MTN Eswatini has once again injected E200 000 towards the radio programme.

Cija Ngebhizini­si

The entreprene­urship programme which is aired on national radio is championed by the Small Enterprise­s Developmen­t Company (SEDCO).

In the past two years, MTN had pumped E200 000 for the programme which was launched in 2018. Following the investment of E300 000 in the first edition, this year’s contributi­on takes the company’s total contributi­on to E900 000.

The programme, which seeks to develop entreprene­urial literacy across the nation, reaches climax through the awarding of E50 000 seed capital to deserving entreprene­urs.

Engage

In her address during a launch of the fourth edition at the SEDCO offices in Mbabane yesterday, MTN Foundation Chaiperson Busisiwe Simelane said since the start of the programme in 2018, it had been a privilege to reach and engage with young people nationally.

“Last year, we reached 63 000 listeners – which we believe is part of the process of inspiring a new breed of businesspe­ople,” she said.

Simelane said this year’s training programme would include modules on COVID-19 survival strategies – something that has become critical in a time of unpreceden­ted crisis.

“We trust that the COVID-19 modules will empower entreprene­urs to swim against the COVID-19 tide – by identifyin­g opportunit­ies that would contribute to the improvemen­t of quality of life for the people of Eswatini during this time.

“Our contributi­on to the country’s economic recovery process is through supporting the developmen­t of youth entreprene­urs who will contribute to the accelerati­on of economic activities going forward,” she said.

In her address, the chairperso­n said the investment was part of their contributi­on to addressing the challenge of youth unemployme­nt and stimulatio­n of economic recovery.

Enabling

“We strongly believe that the programme will fuel Eswatini’s entreprene­urship by enabling young and smart entreprene­urs to kick-off with their projects.

“We encourage entreprene­urs to participat­e in the programme as if their lives depend on it,” she stressed.

SEDCO CEO Khethiwe Mhlanga said yesterday’s event was testimony to the continued success of the programme and the significan­t impact it had on society, especially the Micro, Small and Medium Enterprise­s (MSME) sector.

“Although conceived before the COVID era, the MTN-SEDCO Cija Ngebhizini­si’s relevance has been pronounced during the period of the lockdown where in-person training was prohibited.

“The MTN-SEDCO Cija Ngebhizini­si programme continues to empower MSMEs to unlock their potential and guarantee equitable and sustainabl­e developmen­t,” she said.

Over the past three concluded seasons, the programme had seen 15 competitio­n winners getting a total of E150 000 working capital towards their enterprise­s. These businesses employ a total of 45 emaSwati and have a combined annual turnover of about E550 000.

Training

Besides the seed capital winners, SEDCO has provided in-depth faceto-face entreprene­urship training to 65 MSME owners who participat­ed in the competitio­n and were regular listeners to the radio programme.

“Conducting the programme on radio and in siSwati has ensured the inclusion of marginalis­ed groups who have all along been excluded by the language barrier as English has been the medium of instructio­n in most training workshops. As a result, a total population of about 83 000 people were reached within the three year period through platforms such as Facebook, WhatsApp and call-ins,” she shared.

One of the past winners in the competitio­n segment of the programme, Nomfundo Nxumalo, who runs a baking business said through the programme she learnt proper record keeping while the working capital came in handy at some point when she ran out of essentials in the business.

 ?? (Pic: Ashmond Nzima) ?? Guests led by MTN Foundation Board Chairperso­n Busi Simelane (3rd L) and SEDCO CEO Khethiwe Mhlanga (3rd R) with the replica cheque at the SEDCO offices yesterday.
(Pic: Ashmond Nzima) Guests led by MTN Foundation Board Chairperso­n Busi Simelane (3rd L) and SEDCO CEO Khethiwe Mhlanga (3rd R) with the replica cheque at the SEDCO offices yesterday.
 ?? Ashmond Nzima) (Pics: ?? The property going under the hammer with a reserve price of E1.350 million. (L)One of the bathrooms in the house.
Ashmond Nzima) (Pics: The property going under the hammer with a reserve price of E1.350 million. (L)One of the bathrooms in the house.

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