For CFOs and business leaders, gender equity is not just about fairness; it is about unlocking potential, driving innovation and ensuring long-term financial sustainability, explains Dineo Molefe, MTN SA’s CFO.
As we commemorate 30 years of democracy in South Africa, it’s crucial to recognise the transformative impact that women have had in shaping our nation’s economic landscape. The theme, “Women as pioneers of change and economic growth,” is particularly relevant as we reflect on the strides made by women across various sectors, including business and technology.
Women have been at the forefront of change in South Africa, challenging the status quo and driving innovation. From the historic 1956 women’s march to today’s boardrooms and C-suites, their contributions have been instrumental in creating a more inclusive economy. At MTN South Africa, we understand that empowering women is not just a social imperative, but also a business necessity that drives growth, innovation and financial sustainability.
In the telecommunications sector, where rapid digital transformation is reshaping industries, the role of women in leadership positions has never been more critical. As MTN’s CFO, I have witnessed firsthand how the integration of diverse perspectives strengthens our financial strategy and operational excellence. Our commitment to gender equity is reflected in the fact that women make up 49 percent of our workforce, with representation across all levels, from technical roles to executive leadership.
MTN’s focus on developing female talent is evident in our internal initiatives and broader community engagements. Through platforms like the Women in Finance Forum, we are nurturing future leaders and addressing the unique challenges faced by women in finance and technology. This forum is not only about career advancement, but also about fostering a culture of mentorship and collaboration that benefits the entire organisation.
Externally, MTN is committed to reducing barriers for women entering STEM fields – a critical step in closing South Africa’s ICT skills gap and driving economic growth. The MTN SA Foundation’s partnership with the Department of Basic Education to launch the National Coding and Robotics pilot programme is a flagship initiative in this regard. By equipping young women with digital skills, we are preparing them to thrive in the Fourth Industrial Revolution.
Our Digital Skills for Digital Jobs programme is another key initiative that underscores MTN’s commitment to empowering women. With women representing over 60 percent of the 7,000 applicants this year, there is a strong appetite among women to engage in the digital economy. By upskilling 900 participants in 2024, we are contributing to building a pipeline of talent that will drive South Africa’s future growth.
Furthermore, MTN’s Women in Digital Business Challenge exemplifies our dedication to fostering entrepreneurship among women. This initiative, which provides financial support, mentorship and access to advanced technology, is creating new opportunities for women-led businesses to scale and innovate. The success stories of participants like Mamello Mofokeng, Khathu Maphari, Aasiyah Adams and Elizabeth Booi highlight the tangible impact of our efforts.
As we look back on 30 years of democracy, the progress we have made is due in large part to the resilience and innovation of South African women. At MTN, we remain committed to advancing gender diversity, promoting inclusive leadership, and ensuring that women continue to play a central role in our company’s growth and the nation’s economic development.
For CFOs and business leaders, the message is clear: gender equity is not just about fairness; it is about unlocking potential, driving innovation and ensuring long-term financial sustainability. As we move forward, we must continue to champion women as key drivers of change in our organisations and our economy.
