MTN injects over UGX50M in Stanbic Bank-led School championship


By Jolly Gwari

Kampala – Telecom giants, MTN Uganda, on Friday, March 6, injected UGX50million in the Stanbic Bank National schools championship project, management revealed.

The National Championship project is an annual Stanbic Bank initiative that seeks to equip secondary school students with business and enterprise skills in a bid to nurture entrepreneurship, creativity, and long term business thinking.

Speaking to Sem Somdev, MTN Uganda’s Chief Marketing Officer, the initiative by Stanbic Bank is commendable as it helps prepare the students for a bright future which will ultimately be good for the nation.

“The actions we take today will determine the outcomes of tomorrow. This has to be deliberate because things don’t just happen automatically.

We commend Stanbic bank for taking this initiative and continue call on others to do the same so that we – collectively – can make a big difference,” he said while handing over the cheque.

The Bank’s Chairman, Japheth Katto said the championship would respond to the need for reducing youth unemployment which is a serious problem in Uganda and beyond. 

“It is imperative that we ensure this young population is participating productively for the good of our country’s economy,” said Katto.

Over 100 schools are set to take part in the fourth edition of the championship up from just 42 schools when it started indicating a growing interest in the program.

Stanbic Bank National schools championship project 2019 First runners-up, Nyakasura School. (PHOTO: File)

MTN Uganda was launched on October 21, 1998; MTN Uganda is the leading communications operator in Uganda, offering Mobile and Fixed telecommunications, Mobile Money Services and Internet Service Provisioning.

As at 31st December 2018, MTN Uganda recorded 11.2 million subscribers across Uganda. Notably, MTN Group was launched in 1994.  The MTN Group is a leading emerging market operator with a clear vision to lead the delivery of a bold new digital world to our 240 million customers in 21 countries in Africa and the Middle East. 

We are inspired by our belief that everyone deserves the benefits of a modern connected life. The MTN Group is listed on the JSE Securities Exchange in South Africa under the share code “MTN”. We are pursuing our BRIGHT strategy with a major focus on growth in data, fintech and digital businesses. 

In addition, Ericsson enables communications service providers to capture the full value of connectivity. The company’s portfolio spans Networks, Digital Services, Managed Services, and Emerging Business and is designed to help our customers go digital, increase efficiency and find new revenue streams. 

Ericsson’s investments in innovation have delivered the benefits of telephony and mobile broadband to billions of people around the world. The Ericsson stock is listed on Nasdaq Stockholm and on Nasdaq New York. 

MTN Uganda has the biggest customer services center in Uganda offering the largest language preference base and extended hours of operation. 

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