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Home Business Business News

TNM, foundation in economic empowerment deal

by Clement Chinoko
16/05/2022
in Business News
2 min read
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The Joyce Banda Foundation International has struck a deal with TNM plc to economically empower rural women and vulnerable groups through creation of business and employment opportunities.

The foundation works with a wide network of business women who will benefit from TNM’s Mudzi Wathu, a flagship development programme by the listed mobile network provider.

Banda (L) and Mbwana shake hands after signing the MoU

Speaking during the signing of the memorandum of understanding (MoU) in Lilongwe on Thursday, the foundation’s founder Joyce Banda, who is the country’s former president, said the partnership will see more women securing businesses in the telecommunication sector.

She said: “If you move around mobile money kiosks you will find that there is a woman providing the services. But behind that, there is a man.

“We are going to put our foot down to make sure that as many women as possible participate in digital businesses.”

TNM plc chief executive officer Arnold Mbwana said Mudzi Wathu helps to co-create and co-innovate solutions with various partners to transform the lives of Malawians.

“Therefore, this partnership broadens our efforts of improving livelihoods of women and vulnerable people living in different communities,” he said.

Under the partnership, TNM plc will increase availability of Mpamba agents, provide special training sessions to women and organisations of persons with disabilities.

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