Connect with us

Hi, what are you looking for?

Capital Business
Capital Business
The summit will see delegates discuss the evolving role of business within a rapidly changing socio-economic landscape, and how businesses can integrate the Shared Value principles for inclusive and sustainable growth/FILE

Kenya

Nairobi to host Africa Shared Value Summit

The summit will see delegates discuss the evolving role of business within a rapidly changing socio-economic landscape, and how businesses can integrate the Shared Value principles for inclusive and sustainable growth/FILE

NAIROBI, Kenya, May 16 – The 2019 Africa Shared Value Summit will this year bring business leaders and sustainability experts from across Africa to Nairobi.

The summit will see delegates discuss the evolving role of business within a rapidly changing socio-economic landscape, and how businesses can integrate the Shared Value principles for inclusive and sustainable growth.

The summit which brings together business thought leaders and change makers is aimed at raising awareness and advocating for the success of the strategic implementation of the Shared Value business model of profit with purpose.

“Through the summit we hope to widen the Shared Value audience and bring together a broader African stakeholder group into the conversation. The reality is that governments alone cannot address the challenges that face the African continent. The summit will offer the private sector an opportunity to see how their business solutions, products and services can solve societal challenges while generating profit”, said Bob Collymore, CEO, Safaricom.

Though hardly new, the Shared Value concept has gained prominence in recent years as more businesses begin to question their role in improving livelihoods and uplifting communities.

Shared Value is a management strategy in which companies find business opportunities in social problems through products addressing unserved or underserved customers, changing practices in the value chain to drive productivity and improving the available skills, supplier base, and supporting institutions in the communities where a company operates.

Among the companies that have sponsored the summit, include Safaricom, KCB, Old Mutual, Absa, among others. Attendees will also engage with Mark Kramer, the renowned business professor from Harvard Business School and the co-author of the Shared Value principle who will attend the event.

Click to comment
Advertisement

More on Capital Business

Executive Lifestyle

NAIROBI, Kenya, Mar 12 – The country’s super wealthy individuals are increasing their holding of bonds, gold and cash, a new report by Knight...

Ask Kirubi

NAIROBI, Kenya, Mar 9 – Businessman and industrialist Dr. Chris Kirubi has urged members of the public to exercise extreme caution when making any...

Ask Kirubi

NAIROBI, Kenya, Mar 24 – Businessman and industrialist Dr. Chris Kirubi is set to own half of Centum Investment Company PLC, following a go-ahead...

Ask Kirubi

It is without a doubt that the COVID-19 pandemic has caught the whole world by surprise. Although its full impact is yet to be...

Headlines

NAIROBI, Kenya, Mar 18 – Commercial Banks have been ordered to provide relief to borrowers on their personal loans, with loans eligible from March...

Kenya

NAIROBI, Kenya, Jun17 – Kenya’s tea leaves manufacturer Kericho Gold, has been awarded the Superbrands Seal by Superbrands East Africa for their quality variety...

Coronavirus

NAIROBI, Kenya, Apr 13 – As the local telecommunications industry gears up to roll out 5G networks in the country, the Communications Authority of...

Coronavirus

NAIROBI, Kenya, Mar 22 – Airtel Kenya is offering free internet access for students in order to enable continued learning at home in the...