SWAZI MOBILE TO EMPLOY 300
EZULWINI – With an investment of E600 million, Swazi mobile intends employing 300 people in the next 12 months.
This was disclosed by the company yesterday during its official launch and unveiling of its logo held at Royal Swazi Hotel, Gigi’s Restaurant.
With the promised jobs, the country’s unemployment rate, which is estimated to be standing at 40 per cent, is expected to decline.
Regarding the investment of E600 million, Swazi Mobile said it is money they have invested since the start of preliminary works of setting up the company so far and they are yet to invest more for other related projects.
Notably, it was for the first time Swazi Mobile disclosed the number of jobs to be created as well as the amount of investment.
Going forward, the company will embark on the installation of more cellphone towers in the next two weeks. According to Swazi Mobile Chairman Victor Gamedze, the installation of additional towers will enable them to have network coverage of between 80-90 per cent when they connect and start operations in July.
Gamedze went on to say that they are working hard behind the scenes setting up the network so that it can be in place in three weeks.
“We aim starting at a high scale, covering almost all the country. By the time we launch, we will roll out a network that will be accommodative of 2G, 3G and 4G so that we can offer our customers a wide range of services, from voice calls, data and SMS,” Gamedze said.
He further said they are working hard with their Chinese Partners in setting up everything and if all goes well, they will be doing some tests in May. He then thanked government for offering Swazis a chance to have their own company in Swazi Mobile.
He then reiterated that Swazi Mobile was for Swazis and mentioned that 33 per cent will be listed in the Swaziland Stock Exchange so that the public can buy shares so that they own a stake in the company.
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