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SUSTAINABILITY
Economic value
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- Local Content
- Digital Services
- Accelerating financial inclusion
- Providing inclusive connectivity
- Network Infrastructure Investment
- Contributing through tax
Local content
MTN Group’s aspirations in shaping the local character in the jurisdictions which has MTN operations. MTN seeks to provide a meaningful contribution in the growth of these economies by ensuring that its procurement, recruitment, skills development, community development, small to medium enterprise, supplier development and ownership transactions reflect a local, regional or Pan-African profile to the fullest extent possible.
Digital Services
Fostering digital inclusion supports future economic growth and empowers people, including vulnerable groups such as women and youth. We are building a digital ecosystem centred around advanced messaging, local language content, expanding communities and unlocking opportunities for greater financial inclusion
Accelerating financial inclusion
Increasing financial inclusion through the use of digital technology is an essential element in furthering the economic development of Africa.
We believe that MTN has the potential to be a transformational force in the mobile financial services industry. We are playing a critical role in the evolution of mobile financial services by offering solutions such as in-store payments, remittances, prepaid services, mobile wallets, micro-loans, and micro-insurance. These services are easily available to individuals and several other services are accessible to small and medium enterprises through MoMoBusiness.
MTN’s digitally inclusive environment supports SME’s by offering them a secure, convenient and efficient payment method that can be tailored to meet their unique needs
Providing inclusive connectivity
People and communities that are connected are ultimately empowered. Access to affordable means of communication has the power to change lives and bridge inequalities. To this end, MTN focuses on providing increased access and reducing the cost of communication of voice and data services and in doing so, advancing digital inclusion. The digital inclusion of marginalised groups such as women and youth are essential in the development of an inclusive society.
Africa’s connectivity relies on building the infrastructure that connects people and countries. We therefore invest in pan-African infrastructure on a national and regional level to enhance inclusive connectivity. Our end-to-end fixed connectivity services range from subsea cables, cable-landing stations and data centres to inter-country and cross-country fibre networks. This infrastructure is ke
Extensive infrastructure is required across the globe to meet ever-increasing connectivity demands, but physical infrastructure in the telecommunication industry is costly and resource-intensive to develop. We have therefore shifted towards infrastructure sharing to reduce costs, optimize connectivity and creating shared value. While mobile has been driving digital inclusion, there remain significant connectivity gaps in areas that are not yet covered by a mobile broadband network. These uncovered communities – predominantly rural, poor and sparsely populated – are the most challenging to reach in a financially sustainable manner.
Contributing through tax
We are committed to boosting inclusive economic growth on the continent. MTN considers tax as an instrument to create socioeconomic cohesion, environmental value creation and long-term prosperity. As one of the biggest taxpayers in many of our markets, MTN makes a significant contribution to the local economies. Our contribution from tax revenues includes corporate taxes, indirect taxes, withholding taxes, payroll taxes, operating licence fees and other payments to government authorities.
MTN has a robust, transparent, and effectively communicated tax strategy in place. Disclosures in our tax report demonstrate the Group’s contribution to the societies to which we are accountable.