A new report has revealed that the number of female employees at telco giant Safaricom is the same as that of men. According to the Sustainable Business Report 2019 report, Safaricom has been able to successfully maintain the percentage of both female and male employees at 50 percent each with approximately 34 percent of the women under their employment holding positions in senior management. The report also revealed that the telco has similarly included disabled individuals on its payroll.
“We have achieved a 50:50 gender balance among our employees and 34 percent of senior management are women. In addition, 2.1 percent of our staff are persons living with disabilities,” the 2019 Sustainable Business Report notes.
The report was guided by the United Nations tenth sustainable Development Goal (SDGs) aimed at reducing income inequalities in the world which have been on the rise in recent years. According to the United Nations, the rich in society have up to 40 percent of global income whereas the poorest 10 percent earn only between 2 to 7 percent in income. These widening disparities require sound policies to empower lower income earners, and promote economic inclusion of all regardless of sex, race or ethnicity and this sentiments are clearly shared by Safaricom.
Another report released by the telco late last month, dubbed Safaricom’s 2019 True Value Report, revealed that the telco supported 979,000 direct and indirect jobs in the financial year ended March 2019 with the telco paying Ksh. 16.93 billion, in salaries, pensions, contributions, medical cover and other benefits, to its 6,323 employees. The firm similarly created jobs for approximately 167,000 M-Pesa agents and 123,000 Lipa na M-Pesa merchants by the end of March.
The statistics were further augmented after the telco revealed that it injected Ksh. 601 billion into the economy in the year ended March 2019 up from Ksh. 543 billion registered in a similar period last year.
“Our latest True Value Report indicates that the value to the Kenyan society created by Safaricom increased by 11 percent to Ksh. 601 billion, 9.6 times the financial profit the company earned during the same period,” the Safaricom 2019 True Value Report noted.