MTN bosses to donate part of salaries towards coronavirus relief package for staff

South Africa’s MTN Group said on Wednesday its chairman, chief executive, chief financial officer and directors have pledged 30% of their board fees and salaries for the next three months towards a R40 million emergency fund for its staff.

The contributions are part of its R250 million relief package to tackle the coronavirus outbreak across its 21 markets.

The mobile network operator will also contribute R10 million to a support fund set up by government and R150 million will be invested in the Y’ello Hope Package for its customers, which includes free SMS services and discounted calling during off-peak periods.