Econet pledges M150 000 to LDF youth initiative


MASERU – This week, Econet Telecom Lesotho, through Sasai Econet Financial Services, pledged M150,000 to the Lesotho Defence Force’s (LDF) Youth Initiative.

This contribution is part of the M350,000 commitment made by the company to support the LDF’s efforts to empower Basotho youth and tackle issues like ill-discipline and a lack of patriotism among young people.

The LDF’s Youth Development Programme reflects Econet Telecom Lesotho’s dedication to empowering young Basotho through its social investment arm, the Higher-Life Foundation. This foundation invests in education by offering scholarships to vulnerable and orphaned children through the Capernaum Scholarship and to academically gifted students through the Moshoeshoe I Scholarship.

“We are honoured to support the Lesotho Defence Force (LDF) in their commendable efforts to empower Basotho youth with essential life skills, thereby contributing to their overall well-being and future success in Lesotho.

“By investing in programmes of this significance, we are also contributing to the betterment of our society. At Sasai Econet Financial Services, we believe in the power of youth development as a cornerstone for national progress and stability,” said Acting GM of Sasai Econet Financial Services, Mr. Lehlohonolo Matee.

Commander of the LDF, Lieutenant General Mojalefa Letsoela expressed his gratitude: “We are deeply grateful to Sasai Econet Financial Services for this generous donation. This support will significantly enhance our youth development programme, enabling us to provide the guidance and skills necessary to become responsible and patriotic citizens. Together, we can make a substantial impact on the lives of our youth and the future of our nation.”

He also acknowledged the innovations by Econet: “This partnership is very important, knowing your social responsibility policy. We are also grateful for innovations that have to do with rapidly pacing technologies that Econet is doing, which help us facilitate our duties.”

The partnership between Sasai Econet Financial Services and the LDF highlights a shared commitment to addressing the challenges faced by Basotho youth.

By working together, both organisations aim to create a safer, more disciplined, and more patriotic generation that will lead Lesotho towards a prosperous future.

“One day it will be written into history that Econet 2024 contributed to this moment,” Letsoela said. Sasai Econet Financial Services is dedicated to providing innovative financial solutions and supporting community development initiatives. The company is committed to fostering economic growth and improving the quality of life for all Basotho.