LILONGWE-(MaraviPost)-In a bid to reach out more youths for self-reliant economically, Old Mutual Malawi on Friday, September 20, 2024 donated MK10 million to Sanwecka Tech Companions.
The funds will enable firm to train 30 young people in various ICT-related skills.
Speaking after handing over the funds in the capital Lilongwe, Old Mutual Malawi’s Marketing and Corporate Affairs Executive Patience Chatsika expects partnership with Sanwecka tech companions to grow.
“Under this partnership, 73 young people have been trained in Mzuzu and Blantyre, and by the end of the Lilongwe training which we commenced this week, 103 people will have benefitted from this initiative.
“We are glad to see young people empowered with various skills including Cell phone repair, Home Gadgets repair, and Dish Installation,” says Chatsika.
She adds, “These young people are provided with start-up equipment so that they start their businesses and be able to support themselves.
“As a business, we are highly concerned with the problem of unemployment, and we believe that equipping young people with skills would go a long way in changing the status quo”.
Chatsika explains further, “The Malawi 2063, emphasizes Human Capital development as one of the pillars and enablers for economic development. Therefore, investing in young people is critical to transforming our country.
“For over 70 years Old Mutual has been operational in Malawi, we have worked hard to help people achieve their lifetime financial goals through our services and products which encourage savings, investments, and managing risks”.
She said, “We desire to ensure that we are achieving mutually positive futures and we believe that having skills is key for socio-economic development and industrial growth.
“You will agree with me that individuals with skills are empowered to take bold steps that not only transform them but also transform their households, communities, and the nation at large”.
“As a responsible business, we have invested a total of MK30 million which has now been implemented across all the cities of Malawi where urban poverty is so deep.
“Therefore Old Mutual is excited to continue impacting the youth by partnering with organizations like Sanwecka Tech Companies,” assures Chatsika.
She explains, “Apart from the 103 youth we are training in partnership with Sanwecka, we have also impacted over 80 youth in Lilongwe in partnership with Tingathe youth organization and 45 through our skills development scholarships at the SOS vocational training center. In all these, we have invested a total of MK70 million.
“This investment speaks volumes of our commitment to significantly contribute to the attainment of Malawi’s long-term development blueprint, the Malawi 2063. We therefore wish all the young people attending this training all the best. I encourage you to work hard and make the best of this opportunity”.