MTN launches Xlerator programme to boost supplier finance


MTN, Africa's largest mobile network operator, is planning to offer substantial support to SMEs through its MTN Xlerator, MTN South Africa’s enterprise supplier development (ESD) programme that plans to increase its procurement spend by R4bn (US$300m) over two years with 51 per cent black-owned SMMEs.

According to MTN SA CEO Charles Molapisi, the programme plans to double the number of SMMEs on its supplier.



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