by AKANI CHAUKE
JOHANNESBURG – MTN has disclosed that it contributed more than R50 billion (US$2,8 billion) to South Africa’s economy through infrastructure investment, services, employment and tax contributions in 2024.
Capital expenditure in the year was R9,8 billion, and MTN SA’s total tax contribution was almost R5,4 billion.
More than 4 000 people are directly employed and over 200 000 jobs are supported across small businesses (SMEs), vendors and local suppliers.
More than 85 percent of MTN SA’s procurement spending stayed within South Africa and nearly R19 billion was directed towards black women-owned businesses.
MTN SA has more than 4 000 live 5G sites.
Its rural network expansion ensures that more than 1 500 previously underserved communities are now connected to mobile networks.
MTN networks power communication across government departments, digitising 257 municipalities through smart water and electricity metering and supporting high-visibility national events like the State of the Nation Address.
Since its December 2023 launch, the MTN Skills Academy has reached nearly 9 000 young people, including over 900 unemployed women. In 2024, the MTN Online School recorded more than 322 000 engagements.
The 400 multimedia centres established by MTN SA across the country are helping prepare learners for a digital economy.
Through the “Smartphone for All” initiative, MTN SA is facilitating the delivery of free 4G-enabled smartphones to over 1 million low-income users.
– CAJ News
