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Vodacom Lesotho is dedicated to investing in women by providing them with resources and opportunities they need to succeed. We believe that women are key to economic development, and that by empowering them, we can help create a more prosperous future for the entire Lesotho. 50% of our executive leadership positions are now held by women, a testament to our unwavering commitment to empowering women. This achievement is not merely a statistic. It reflects our belief in the power of diverse perspectives. Women at Vodacom Lesotho bring a wealth of experience, knowledge, and empathy to their leadership roles, enriching our company culture and driving innovation. By creating a space where women excel, we unlock the full potential of our company.
Our dedication to gender equality extends beyond our executive team. The Vodacom Women Network Forum (WNF) is a cornerstone of our efforts. This vibrant platform provides a safe and supportive space for women to share experiences, offer advice, and connect with one another. Through these discussions, our female employees and women from all walks of life gain invaluable mentorship, career guidance, and resources that empower them to reach their aspirations. Furthermore, the WNF is a tireless advocate for gender-based violence (GBV) survivors. The courageous solidary marches and unwavering support for GBV safe houses send a clear message that violence against women will not be tolerated. By challenging harmful practices and shaping policies that prioritize women's safety, the Forum plays a crucial role in creating a more just and equitable Basotho society.
Our investment in women further extends to our Bursary Programme, which prioritizes girls' education. By supporting young women in STEM fields, we break down barriers and empower them to become the skilled professionals of tomorrow. These scholarships pave way for future female leaders and innovators, ensuring that women continue to make significant contributions in all sectors.
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Financial inclusion serves as a fundamental pillar in our unwavering commitment to fostering gender equality. Through our mobile money service, M-Pesa, skilfully managed by our financial services arm, VCL Financial Services, Vodacom Lesotho empowers women, particularly the elderly, with the ability to access their pensions in a secure and convenient manner. By harnessing the transformative power of mobile money technology, we effectively mitigate the risks of fraud and theft, providing a reliable and efficient solution for beneficiaries.
By further seamlessly integrating M-Pesa into essential services, such as traffic fines, levies, taxes, tariffs, and utility bill payments, we have unlocked new avenues for financial participation. This user-friendly platform has broken down barriers that once hindered women's economic empowerment. They make secure transactions, track their expenses, and build a solid financial foundation. This enables them to make informed decisions about their money, invest in their businesses, and support their families.
Vodacom Lesotho stands as a shining beacon of how organizations should drive positive change in gender equality and financial inclusion. Its dedication to empowering women and providing access to financial services has not only benefited individual women but has also contributed to the overall development of the country.
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