BUSINESS

Safaricom Investment Co-operative Bets on Rebrand to Stimulate Growth

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Churchill Winstones - Safaricom Investment Co-operative CEO
Safaricom Investment Co-operative Chief Executive Officer Churchill Winstones says this strategic move will redefine the society's brand narrative, thus positioning it for future success. (Photo: Courtesy)
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Safaricom Investment Co-operative has received approval from the Ministry of Co-operatives and Micro, Small and Medium Enterprises (MSMEs) Development to adopt a new name, logo and colours.

This approval comes after Safaricom Investment Co-operative received a vote of confidence from its members, during a Special General Meeting, to adopt a new brand identity that seeks to boost its operations anchored on the 2023-2027 strategic plan. The society has for the past eight months been working on adopting a new look and feel in a bid to spur growth and diversification.

“We strive to align with emerging market trends in a move to ensure that we develop a cutting-edge company image that resonates with the values and expectations of our members,” said Safaricom Investment Co-operative Chief Executive Officer Churchill Winstones. “This is a strategic move that will redefine our brand narrative, thus positioning us for future success.”

Safaricom Investment Co-operative’s core focus for 2024 has been building a sustainable operating model, which includes rebranding. “This evolution promises a new, consistent, and enhanced customer experience through world-class products and services as we strive to transform the economic and social well-being of our investors through prudent, sustainable, and responsible investment decisions anchored on financial growth and sustainability,” said Mr Winstones.

Formed in 2009 by a portion of Safaricom PLC employees to serve their investment needs, the Society has over the years evolved to include other members of the public and currently encompasses over 5,000 members.

> SME Financing Gateway to Ease Access to Financing 

Written by
BT Correspondent

editor [at] businesstoday.co.ke

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