FEATURED STORY

Safaricom Recognised For Achieving Diversity In Procurement Through Its Women in Business Programme

Share
Safaricom CEO Peter Ndegwa
Safaricom CEO Peter Ndegwa. [Photo/ Courtesy]
Share

Safaricom has won Best Initiative to Build a Diverse Supplier Base in the Chartered Institute of Procurement & Supply (CIPS) Excellence in Procurement Awards 2022. The telco was recognized for its efforts in diversity and inclusion, under its Women in Business (WIB) Programme.

The Programme was established in 2017 to encourage and empower women-owned businesses and as part of the company’s commitment to reduce inequalities in the supply chain.

It seeks to foster economic empowerment by ensuring that there is a fair share of procurement opportunities allocated to women-owned businesses. It also provides the women with capacity-building training, mentorship, and coaching among other measures with the aim of improving their economic status and the communities in which they live.

“Our Women in Business initiative continues its transformational journey of empowering women and driving their economic growth. Worth noting is that the initiative continues to be a model Programme for other organisations who have adopted similar models aimed at increasing the participation of women-owned businesses in their supply chains. By involving women in our Supply Chain, we have progressively diversified and increased women-owned businesses to over 200 since 2017”, Said Peter Ndegwa, CEO, Safaricom.

According to Safaricom’s 2021 Sustainability Report, the company has onboarded 227 women-led businesses, which represents 9.7% of its supplier base. The report also indicates that procurement spend by Safaricom on Women in Business stood at Ksh1.7 billion.

The CIPS Excellence in Procurement Awards are an opportunity to showcase and celebrate the best work and teams in the procurement profession.

Safaricom was also recently recognised for its diversity and inclusion initiatives and was nominated for the 2023 Zero Project Awards for establishing a job portal with the National Council of Persons with Disabilities (NCPWD) to cater to persons with disabilities.

Read: Protecting Your Data: Unsolicited Promotional Messages on Safaricom & How to Block Them

>>> Absa Poaches Carolyne Kendi From Safaricom

Written by
BT Reporter -

editor [at] businesstoday.co.ke

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles
Safaricom subscribers 2025
BUSINESSSMART BUSINESS

17k to 50M: Safaricom Walks a Road Paved With Deep Connections

Safaricom PLC has announced a historic milestone, surpassing 50 million customers across its mobile network...

Airtel Kenya Managing Director, Mr Ashish Malhotra.
BUSINESS

With 24M+ Customers, Airtel Kenya is Steadily Closing the Gap With Safaricom

Airtel Kenya has crossed the 24 million subscriber mark through its network...

Bonga for biogas
NEWS

Safaricom ‘Bonga for Biogas’ Campaign to Uplift Farmers

Safaricom customers can now redeem their Bonga Points to acquire biodigesters or donate...

Safaricom Ethiopia Customers
BUSINESS

Safaricom Ethiopia Customer Base Grows Past Magical 10 Million Mark

Safaricom Ethiopia has reached a major milestone, serving 10 million 90 days...