Month: April 2020

The World Finance 100 acknowledges the individuals and businesses that have looked past a year of turgid economic growth to keep pushing their industries forward.

Nairobi: January 28, 2020 – Pan- African housing development financier, Shelter Afrique has made it to the World Finance 100 list for 2019; joining other top global brands including Apple, Nike, Carrefour, GlaxoSmithKline, Royal Dutch Shell Samsung, Hitachi, Walmart, Zenith Bank, Novartis, Industrial and Commercial Bank of China, among others.
Published by the Landon-based World Media News, The World Finance 100 celebrates those who have reached the pinnacle of achievement across a wide variety of fields of expertise, as well as those organisations and individuals that lead the way in driving their industries forward.

“The current stagnation places businesses in a predicament. They could invest now in an attempt to capture greater market share, or hold off in the hope that tomorrow will deliver a more supportive economic climate. Despite this uncertainty, some firms have pressed on, aware that standing still is rarely the right approach. The organisations acknowledged by the World Finance 100 such as Shelter Afrique, have been recognized for their ability to lead their respective industries even in unfavourable conditions,” the publication said when it unveiled the list.

Following 2016 disruptive event, Shelter Afrique restructured its business and developed a 5-year strategic plan with a primary focus on turning around the company’s financial performance from loss making to financial viability by 2020 and overall financial sustainability by 2023.

“Shelter Afrique is happy to have been nominated for advocating for and advancing the affordable housing agenda in Africa. We are also happy to be in the company of some great institutions. Our three strategic goals are to promote financial sustainability, enhance shareholder value and improve organisational performance,” Shelter Afrique Chief Executive Officer Andrew Chimphondah said.

Shelter Afrique aims to approve funding worth US$1bn over the next five years for project financing, institutional lending and social housing, with an overarching ambition to provide decent and affordable housing in member states.

The certification is valid for the next three years, with renewal set at the expiry of the implementation period.

Nairobi: March 4, 2020 – Pan African housing development financier Shelter Afrique has received ISO (International Organization for Standardization) 9001:2015 certification for Quality Management Systems from Bureau Veritas Certification Holding SAS (UK Branch), accredited by United Kingdom Accreditation Service (UKAS) Management System.

The certification is a global recognition of the management and staff commitment to improved corporate governance through the improvement of our processes, systems, management controls and risks. This will ensure that our crucial stakeholder needs are handled more effectively and efficiently.

Speaking at The Company’s Headquarters in Nairobi, Shelter Afrique’s Chief Executive Officer Andrew Chimphondah said the certification was “a deliberate response to support the key strategic goal to foster organisational sustainability through improved governance. Through the ISO certification, the company has demonstrated its ability to consistently improve its processes, products and services to become more customer-centric .”

“The company’s attainment of this feat reassures key stakeholders of our resilience and continuous improvements in line with global best practice. The company will continuously strive to improve its processes, systems, services and products to ensure that our customers enjoy a seamless hassle-free experience organisation structure, standardising its products and services towards offering the best quality of services,” Mr Chimphondah said, adding that the certification had built a stable platform for the company to approach and apply the international standards to its quality management systems.

He said certification would help the company to manage high customer expectations while making improvements to product quality and operations while addressing organisational risks and opportunities in a structured manner.

“This higher-level certification demonstrates how Shelter Afrique strives to execute on its mandate in a structured and well-governed manner. ISO 9001:2015 will help us further improve our internal processes and customer support, as we continue to address the issue of affordable housing across Africa,” Mr Chimphondah said.

The certification is valid until 2023, with renewal set at the expiry of the implementation period.

“Through the Enterprise Risk Management function, management has taken appropriate measures to ensure that all the requirements of the standard are maintained and implemented through-out the three-year validity period,” Mr Chimphondah said.

ISO is the world’s largest developer and publisher of international standards. ISO 9001:2015 is a company level certification based on the standard published by ISO titled “Quality Management Systems”. The standard is a non-industry specific certification and is intended for any organisation that wants to implement and maintain a quality management system.