Safaricom targets at ensuring that women-owned companies account for at least 10 percent of its procurement spend in its Financial Year 2020 through ‘Women in Business (WIB)’ initiative. WIB is designed to grow the number of women-owned and led enterprises supporting them to provide services in high value areas such as infrastructure equipment and energy, and creating opportunities through mentorship. “This means that when a specific need arises, no further prequalification assessments need to be done. The women have already been scaled up and can take up bigger, more challenging assignments,” said the telco in its 8th annual “Sustainable Business…
Author: David Indeje
David Indeje
David Indeje is the community engagement editor at Khusoko, a leading digital platform for East African business news. He oversees editorial content, drives audience engagement, and amplifies diverse voices. Indeje also consults on digital strategy for brands in agriculture, governance, technology, and health, while exploring AI’s impact on journalism. In addition, he serves as a communications officer at KICTANet, advancing digital inclusion and policy dialogue.
In 2017, Safaricom announced it to become a net-zero carbon-emitting company by the year 2050.
Equatorial Guinea Bodypainting Festival will host the second edition of its bodypainting festival in January next year. The two-day event will be held from Jan. 11 -12 and will see participation by over 100 top Body Paint artists worldwide. Equatorial Guinea Bodypainting Festival aims to connect the festival to boost the country’s tourism sector. The inaugural edition was held at Malabo Amusement Park. It was full of art, fashion, and style. “The best Body Paint artists worldwide will be sharing their techniques with the visiting public, inspiring children, young people and adults to explore their talents, with a spectacular show…
Safaricom injected KSh601 billion into the Kenyan economy in the year ended March 2019. The company says the number of jobs created directly or indirectly now stands at 978,633.
Real People, a non-deposit taking financial solutions provider for businesses in East Africa, has restructured it’s debt after noteholders resolved to extend the repayment period of its KSh267.1 million notes maturing in 2019 to February 28, 2020. In a notice to the Dailies, the firm said on Wednesday it held a meeting with the holders of KSh267.1 million and Sh1.04 billion notes who agreed to the proposal through an extraordinary resolution. Among the resolutions, the noteholders agreed that the final maturity dates for the Ksh 1.036 billion unsecured note be extended to 24 July 2028. “The Notes shall be redeemed…
The Promises and Dreams of ordinary Kenyans embodied in the Constitution of Kenya 2010 may, after all, have a guardian angel in the Reformed Judiciary of Kenya.