By Our Reporter
MTN Uganda has restored 50 hectares of forest cover in the Masaka-based Jubiya Central Forest Reserve, as the company rolls out its reforestation project that will see 220 hectares restored across the country.
The reforestation drive is part of MTN’s “Uganda is Home” campaign that symbolises MTN’s deepening of its roots in Uganda, a country that has been home to the company since 1998.
The campaign is a precursor to MTN Uganda’s listing of 20% of its shares on the Uganda Stock Exchange, an opportunity for Ugandans to own a part of the company.
The Masaka reforestation activity follows a successful launch of the project at the Entebbe-based Kyewaga CFR last week where 20 hectares of forest cover was restored by MTN.
The MTN reforestation project that is being undertaken in partnership with the National Forestry Authority (NFA) is but one of the many Corporate Social Responsibility initiatives that the company has undertaken over the years to strengthen its relationship with a country that it calls home.
While launching the Jubiya CFR restoration project in Masaka, Joseph Bogera, the MTN General Manager for Sales and Distribution said, “Uganda has been and continues to be a good home to MTN. For this reason, we are honoured to further deepen our roots across the country as MTN gets listed on the Uganda Securities Exchange, a move that will enable Ugandans to also own a part of the biggest company in the country.”
When the government of Uganda granted MTN a second operating license in 2020, part of the agreements was that MTN would list on the Uganda Securities Exchange by 2022.
“To MTN, this is a very welcome step because listing on the Uganda Securities Exchange means that Ugandans will also now share a part of the company with which they have had a good relationship spanning 22 years and counting,” added Bogera.
The Jubiya CFR reforestation drive was presided over by Buddu County Chief, Owekitibwa Jude Muleke as the guest of honour.
In his speech, Owek Muleke said MTN’s commitment to the development of Uganda builds a strong bond between the people of Uganda and in particular, the people of Masaka.
“Let us together thank MTN Uganda in partnership with NFA for coming up with such a wise initiative that calls us to mind to treat mother nature considering the needs for our generation and generations to come,” he said.
He warned against the negative effects of environmental degradation such as drought, heavy rainfalls and poor crop yields which affect the livelihood of people.
Mbalire Ssebugwawo, the Sango bay regional manager at NFA, who was representing the executive director lauded MTN for choosing forest restoration as part of its corporate social responsibility.
“The Uganda is home campaign comes at the right time when government has renewed commitment to ensure the country’s heritage through conservation. Our strategy is through involvement through partnerships with the private sector to restore the degraded landscape in the country,” he noted.
Mr Ssebugwawo concluded by urging other stakeholders especially those in the private sector to emulate MTN in an effort to conserve the environment.
Start making money online today with Bitcoin. Find out how here!