BY MBONGENI NDLELA
MBABANE – The Eswatini Electricity Company (EEC) has recently released its Shared Value Report for the year ended 31 March 2021. Here is what they had to say about their Corporate Social Investment (SCI) for the year:
The EEC has an obligation to plough back to the community in line with the company policy as well as the organization’s Core Value – Social Responsibility. The EEC has an annual budget for CSI initiatives, which is enhanced by a contribution from Motraco, a company in which EEC has a shareholding.
The company continued to support various social responsibilities through its involvement
in the refurbishment of schools and various contributions to charity initiatives. These
initiatives are spread in education, health, the environment, safety & security, and social &
economic development.
The continued effects of the COVID-19 pandemic necessitated the need for humanitarian organizations to provide support to various communities in the country. EEC played a significant role in supporting these organizations, despite the continued threat of the pandemic on EEC’s financial stability.
The following were the broad categories that benefited from the EEC’s CSI:
EEC supported government in the fight against COVID-19 by contributing E500,000 into the National Disaster Management Agency (NDMA) Resource Mobilisation Committee fundraising. EEC further partnered with MOTRACO and donated E501,000 worth of medical equipment to the RFM Hospitals as part of the contribution in the fight against the COVID-19 pandemic. Total contribution to CSI totalled E2.895million (2020: E2.455mln).
