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Sage Gives 5 Tips SME Should Consider When Setting Up CSI programme

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For many business builders, corporate social investment or philanthropy is an imperative, writes Joanne van der Walt, Sage Foundation Programme Manager for Africa.

There are many good reasons for businesses to roll out a formal corporate social investment programme, from complying with black economic empowerment (BEE) codes to building employee morale and to simply giving something back to the community.

However, the challenge is to ensure that the funds and time you invest in charity deliver the impact you are expecting.

Here are five tips for rolling out a social investment strategy that is meaningful for your business and for the organisations and communities you work with.

Don’t Let It Be About Compliance Alone
If you’re a busy entrepreneur, you might be tempted to simply donate some money to a charity to get a tax break, build relationships with a client or comply with the BEE code for your sector. However, programmes that make a difference are as much about your time and commitment as they are about your money.

Be strategic in your thinking – look at the resources you have available and how you would like them to make a difference. Decide which causes you are most interested in supporting – if you are a supplier of baby products, visiting local orphanages is a great place to start donating to. Or you might be passionate about education or healthcare, and have expertise that can help non-profit organisations (NPOs) in these sectors.

Once you have done that, you can put together a strategy that outlines what resources you will mobilise, to what end and how you will measure success. This gives us a framework where we can make a real impact.

Focus On Measurable Influence
If you are serious about using your resources to make a difference, try to invest in measurable outcomes. Ask your NPO partners what they could achieve with the time, skills and money you are able to donate, and work with them to reach their goals in a sustainable manner.  It’s easy to write a cheque, but more meaningful to leave a real legacy.

For example, don’t simply donate R5,000 to a community school – work with the principal and teachers to set up a small library and perhaps partner with local organisations to donate books on a regular basis.

This will also be an opportunity for you to ensure that the library is always well-maintained. Rather than donating a computer, make the goal to ensure that the charity’s administrator can use an accounting package and send marketing mailers to donors.

Listen to your NPO partners
Entrepreneurs and businesspeople often step into a charity or a community with preconceptions about how they will help and what their partner should be doing.

They often think that their strategic insights and business skills mean that they should dictate how an NPO conducts its business.

However, it’s best to start by listening. Ask the people in the community or the people who work full-time in the NPO about their problems, their experiences and their approach.

You’ll usually find out that there are good reasons why they do things in a way that seems strange to a businessperson, or that your ideas about where their problems lie are incorrect.  It’s best to approach each engagement in a spirit of humility and partnership.

Get Your Colleagues Involved
Your corporate social investment programmes will deliver the most value to your business and your NPO partners if you get your people involved.

Volunteering makes your colleagues feel good about themselves and proud to be part of your business. It can even help you to retain or attract staff. Millennials, especially want to work for companies that is part of something meaningful.

Be Committed
Effective social engagement is about long-term relationships and commitment. Rather under-promise and over deliver than make commitments you might not to be able to keep.

Many NPOs are badly let down when a company promises them funds or help, then fails to follow through. For example, in some cases, volunteers lose interest before they finish painting the building or planting the garden.

These programmes are not just about Mandela Day or Christmas. They should be long-term investments in helping to make the world a better place. It takes time and sustained effort to make a real difference to the organisations with which you partner.

For us at Sage, we are committed to doing business the right way, by investing and supporting non-profit partners that are helping people reach their true potential.

 


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NITDA, NIMC Partner for Seamless Data Exchange Capabilities

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National Information Technology Development Agency (NITDA) and the National Identity Management Commission (NIMC) have announced a collaboration on National Public Key Infrastructure (PKI) and Digital Public Infrastructure (DPI) to enhance synergy between digital identity, payment ecosystems and secure seamless data exchange capabilities for Nigeria.

NITDA, NIMC Partner for Seamless Data Exchange Capabilities

l-r: Kashifu Inuwa, Director General of NITDA, and Bisoye Coker-Odusote,  Director General of NIMC, during the meeting at the NIMC headquarters in Abuja..

NITDA, which made the announcement on its X handle, said that the collaboration was to further strengthen Nigeria’s digital economy in line with President Bola Tinubu’s Renewed Hope Agenda,

During the meeting, Kashifu Inuwa, director general of NITDA, and Bisoye Coker-Odusote, director general of NIMC, with some management staff of both organisations, discussed various initiatives, which include building DPI stacks for a secured and seamless data exchange and forming partnerships to transform the national identity system.

This collaboration also aims to harness the potential of the innovative ecosystem and emphasise the use of public-key infrastructure (PKI) to drive digital transformation in Nigeria.

To ensure a smooth implementation, a 12-man committee was set up.

This committee will play a crucial role in kickstarting and harmonising the initiatives and is expected to deliver a comprehensive implementation report within the next 4 weeks.

 

 


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Expert Urges FG to Harmonise NIN, BVN to Tackle Crimes

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Noble Ajuonu, head, Sydani Technologies Ltd., has urged the Federal Government to harmonise National Identification Number (NIN) and Bank Verification Number (BVN) to tackle crimes and insecurity in the country.

Expert Urges FG to Harmonise NIN, BVN to Tackle Crimes

Ajuonu made the call at a media roundtable, organised by Sydani Group in Abuja.

The News Agency of Nigeria (NAN) reports that the roundtable focuses on driving sustainability through a comprehensive analysis of Nigeria’s key development areas.

Ajuonu said that Nigeria could overcome its security challenges and pave the way for a safer, more secure future for all Nigerians by embracing technology and implementing practical solutions,

“We need to harmonise data, prioritise seamless integration of databases like NIN, BVN, and security agency records, establish clear protocols for data sharing and access, with robust safeguards against misuse,’’ expert said.

According to him, the unified data pool will empower intelligence gathering and targeted operations.

He also called for investments in smart surveillance, intelligent video analytics software, training of personnel in data analysis, interpretation of data in real-time to combat crimes.

“There is need to implement a legal framework for call interception in criminal investigations, with strict oversight to prevent abuse, encourage community cohesion, training of tech savvy security personnel with tech-enabled tools.’’

Ajuonu also urged the government to address infrastructure deficit in technology, saying that technology was all encompassing to address insecurity.

“According to the National Identity Management Commission (NIMC), as of December 2023, only 104.2 million Nigerians had been enrolled for the National Identity Number (NIN).’’

Ajuonu added that over 122.2 million citizens left uncaptured for NIN were people in rural areas where enrolment centres, digital services were limited.

“Most crimes are being perpetuated from rural communities and this lack of comprehensive identification creates a gap where elements not captured in the national database can constitute public nuisance, crimes.

“There is the inadequacy in the integration of NIN, BVN and Voters Identification Number (VIN).

“Advanced call interception and analysis tools, used successfully in other countries, could provide invaluable insights into criminal networks and operations but infrastructure is lacking,’’ he said.

Also, Mr Godfrey Petgrave, the Agricultural Expert, Sydani Group, called for empowerment of smallholder farmers with access to finance and training to enhance productivity.

According to Petgrave, Nigeria requires policy reform and institutional strengthening to improve agricultural practices and embrace digital agriculture solutions to address food insecurity.

Mr Akolade Jimoh, another expert of the group on health, advocated for expanded community-based health insurance programmes for rural and underserved areas.

Jimoh added that the country needed to encourage Public Private Partnership to revolutionise products design and quality improvement on health services.


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Konga launches Infinix Brand Week with Incredible Deals

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Konga, Nigeria’s leading composite e-commerce group, is thrilled to announce the launch of amazing deals at its Infinix Brand Week. Infinix, a leading global smartphone brand known for its innovative products and cutting-edge technology promises exclusive discounts and special offers on select smartphones, marking an exciting milestone in the realm of online shopping.

Shoppers can expect nothing short of extraordinary deals on a wide range of Infinix products, all available exclusively on the Konga online platform. With discounts of up to 30% off, this partnership between Konga and Infinix aims to redefine the shopping experience for tech enthusiasts across Nigeria.

Konga Brand Week has become synonymous with excitement and unbeatable deals, and this year’s edition is no exception. In addition to exclusive discounts on Infinix smartphones, shoppers can explore a diverse array of products across various categories, including electronics, fashion, home essentials, and more.

“At Konga, we are dedicated to providing our customers with the best shopping experience possible,” said Rita Ohaedoghasi, VP Marketing at Konga. “The Infinix Week during Konga Brand Week allows us to continue delivering on that promise by offering incredible discounts and special offers on some of the most sought-after smartphones in the market.”

To stay updated on the latest developments and exclusive deals during Konga Brand Week, shoppers are encouraged to connect with Konga across all platforms, including social media and the Konga website. Don’t miss out on this opportunity to score big savings and elevate your tech game with Infinix and Konga.


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