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MTN fintech targets financial literacy gap in zandspruit

The company will use its annual employee volunteer programme to deliver financial education and practical guidance to young people and underserved residents in the Johannesburg community.

Redação Portal ERP
Jun 10, 2026
T|Fonte:18px
2 min read
MTN fintech targets financial literacy gap in zandspruit

MTN Group Fintech, the financial technology division of telecommunications company MTN Group, is using this year's 21 Days of Y’elloCare campaign to roll out a financial literacy initiative in Zandspruit, South Africa, focusing on youth and communities with limited access to financial education.

The programme, called the MoMo Financial Aid Kit, will run from 1 to 21 June 2026 and forms part of the wider MTN Group employee volunteer campaign, which this year is centred on improving access to health and wellbeing services under the theme Expanding Equitable Health for Every Community.

While the broader campaign mobilises employees across MTN's markets to support community projects, MTN Group Fintech is directing its efforts toward financial inclusion. The company has identified Zandspruit as a community where high youth unemployment, rising living costs and limited access to financial guidance create barriers to economic participation.

Participants in the programme will receive a Financial Aid Kit designed to help explain financial concepts through practical, day-to-day guidance. According to MTN Group Fintech, the objective is to help individuals build confidence in managing personal finances and planning for future financial needs.

The initiative will also rely on employee volunteers from MTN Group Fintech, who will contribute through workshops and community engagement activities during the three-week campaign.

“At MTN Group Fintech, we are purposefully shifting from moving money to moving lives,” says Nikiwe Tanga, Chief Legal Officer at MTN Group Fintech. “Financial inclusion is not only about access to services – it’s about empowering people with the knowledge to use these tools in a way that improves their daily lives and long-term outcomes.”

The programme reflects a broader focus on financial literacy as a component of economic participation, particularly in communities where access to financial services may not be matched by access to financial education.

Mosa Pakane, Senior Manager: Corporate Affairs at MTN Group Fintech, adds: “Y’elloCare is where our purpose meets people. By combining financial education, digital tools and human connection, we are not only simplifying money matters, but we are also enabling real progress in people’s lives.”

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