MTC, Huawei reserves N $ 10 million for low-rent housing



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Through a strategic partnership, MTC Namibia and Huawei donated N $ 10 million to the Namibia Shack Dwellers Federation as part of the Buy-A-Brick initiative to build 250 low-cost homes throughout the country. country.

The announcement was made at a gala dinner held Monday in honor of the MTC and 10 years of Huawei partnership.

This gift is part of the desire to restore the dignity of people by providing them with decent and affordable shelter. The Buy-A-Brick initiative is a Standard Bank project that has so far raised more than N $ 7.1 million to provide decent housing for more than 200 low- and no-income families. .

Vetumbuavi Mungunda, chief executive officer of Standard Bank Namibia, said at the dinner that the joint sponsorship of 10 million Australian dollars by MTC and Huawei is proof that large companies have taken note of the government's call for provide decent shelter for hundreds of thousands of Namibians stripped of their dignity.

"In order to invite more formal participation from the corporate sector, we will soon be launching the Buy-A-Brick initiative at the national level by setting up a Buy-A-Brick Steering Committee, composed of other organizations. like-minded national companies that would cooperate to mobilize funds, as well as to collaborate on finding solutions for the revision of alternative construction policies and methods, "he said.

Mungunda added that as part of this process, the bank is working to make the Buy-A-Brick brand independent of Standard Bank, in order to create its own national character.

Tim Ekandjo, chief human capital and business leader of MTC, said: "It is disheartening to find that after so many years of independence, we are still refusing our people the right to live. access to a basic human right by inflating and charging exorbitant prices for houses. A house is not a privilege, but a societal necessity, among others, to ensure the safety of people and its availability should no longer be a challenge. "

He added that it is estimated that nearly 300,000 Namibians currently live in huts in informal settlements throughout the country. This challenge is of increasing concern as the movement for rural-urban migration increases day by day, leading to the proliferation of more illegal huts.

"What is essential in finding and delivering decent, quality, decent and affordable housing is cooperation between us and a smart approach as we strive to complement the government's efforts to achieve socio-economic goals. The housing problem in Namibia should not only be fought by the government, it also needs the full support of the business community, "he said.

He said that before the donation of 10 million Namibian dollars, 700,000 Namibian dollars were paid to the federation of shack inhabitants in March, in addition to the revenues of the "081Every1Fest" which had also been given to the federation .

Huawei Namibia's general manager, Kian Chen, said the company was proactively fulfilling its corporate social responsibility for long-term, sustainable value creation efforts with its partners.

"We are grateful to be in this adventure with MTC to facilitate the development of local communities and create win-win situations by improving the information and communication technology (ICT) infrastructure with customers, by developing an ecosystem with industrial and academic partners and establishing links. the digital divide by cultivating ICT talent to contribute to the goal of shared prosperity, "noted Chen.

[email protected], twitter: Char_Ngatjiheue.

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