Vodacom SDG Report 2020

6 Vodafone Group UN SDGs | 2020 KEY TARGETS 8.2 Achieve higher levels of economic productivity through diversification, technological upgrading and innovation, including through a focus on high-value added and labour- intensive sectors. 8.3 Promote development-oriented policies that support productive activities, decent job creation, entrepreneurship, creativity and innovation, and encourage the formalization and growth of micro-, small- and medium- sized enterprises, including through access to financial services. 8.5 By 2030, achieve full and productive employment and decent work for all women and men, including for young people and persons with disabilities, and equal pay for work of equal value. 8.6 By 2020, substantially reduce the proportion of youth not in employment, education or training. 8.10 Strengthen the capacity of domestic financial institutions to encourage and expand access to banking, insurance and financial services for all. Decent Work and Economic Growth GOAL 8 OUR COMMITMENT Vodacom is committed to connecting people and ‘things’ to the internet and providing innovative digital solutions that will create more efficient, safer and smarter economic sectors for communities, government and businesses. By connecting people and their families to financial services, we believe that we can reduce poverty and provide access to essential services such as banking, education and health while contributing the economy and creating jobs. Connecting over 56 million lives to our financial inclusion services by 2023 across all our markets. • Vodacom introduced faster supplier payment terms for SMEs that face potential liquidity challenges. • Vodacom has extended loans to SMEs, through Vodalend, to assist these enterprises in managing cash flow challenges as COVID-19 impacts intensify in South Africa. Vodacom funded more than 100 SMEs through Vodalend in March 2020. • Vodacom reached agreements with the central banks to lower transaction fees and adjust tier levels to facilitate cashless payments in the DRC, Lesotho and Mozambique. • In Lesotho and the DRC, we have zero-rated transactions for merchant transactions and person-to-person money transfers. • In South Africa, we offered unlimited data and special offers to SMEs for a limited period OUR RESPONSE TO THE COVID-19 PANDEMIC