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Safaricom Beats Other Employers in Africa in Latest Forbes’ List

Author 3 years ago

By Moses Adongo

Telecommunications powerhouse, Safaricom, has been ranked as the best employer in Africa and 67th globally by Forbes magazine that involved 500 publicly traded companies in the world.

The rankings saw South Africa’s Naspers, First Rand and Sanlam come second third and fourth respectively while ranking 224, 432 and 457 globally in the same order.

The annual Forbes Global 2000 list, now in its 16th edition, based its rankings on more than 430,000 global recommendations where employees were asked to individually rate their employers while stating the likelihood they would recommend it to family or friends. It also sought to know from the employees which other employers they admired.

The rankings that were dominated by US firms revealed the admiration that the current and potential employees have for Safaricom.

The telco currently has 6,130 staff members that have an average age of 27 years, according to its annual report as at March 2018.  Among these staffs are 96 members living with various disabilities who the company supports through enhanced medical cover, assistive devices, as well as its special emergency response equipment.

According to the group’s CEO Bob Collymore, the company is looking to propel more women into leadership positions by 2020 from the current 32%.

The Forbes Global rankings come at the same time as another report by Human Capital Index (HCI), which placed Kenya’s future workforce at position four in the continent and 94 in the world with a score of 0.05.  The index which ranked 157 countries based on their education and health conditions, showed that more Kenyans are healthier and get a better education.

While reacting to the HCI rankings, Treasury CS Henry Rotich said, “This reveals that the expected productivity, as a future worker of a child born today in Kenya, provided all indicators stay at the current level – is 52 percent of what it could be with the complete education and full health.”

The report ranked Kenyan expected personnel behind Seychelles (43), Mauritius (52) and Algeria (93), however, coming first, when compared with the large economies in sub-Saharan Africa.

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