E-Business
Ericsson’s 21st CSR Report Hints on Core Accomplishments
Ericsson has published its 21st Sustainability and Corporate Responsibility report summarizing its performance during 2013.
Highlights include: a solidified approach to responsible business including rigorous compliance processes; energy efficient solutions from the company’s product portfolio; and extended reach in providing access to communication for all, including refugees and students in remote areas.
As a lead telecom partner in the Millennium Villages project, Ericsson began a long-term commitment to demonstrate that connectivity could play a decisive role in fighting poverty in Africa. Since joining the initiative in 2007 mobile connectivity has been brought to more than 500,000 people in 12 countries across sub-Saharan Africa, improving access to health education and boosting livelihoods, among other benefits.
Hans Vestberg, president and chief executive officer, Ericsson, said, “Sustainability is increasingly integrated into our business strategy. I firmly believe that our commitment to sustainability and CR enhances our competitiveness, and the actions we take today will enable positive business outcomes in the future.”
From the perspective of responsible business, Ericsson is the first in the industry to conduct a full human rights impact assessment in line with the new United Nations Guiding Principles on Business and Human Rights.
The assessment in Myanmar resulted in prioritized action areas but also helped to create a solid foundation that is now operational with recently-won business in the country.
In light of recent international developments related to Iran, Ericsson has decided not to phase out business there.
The intention is to engage with existing customers while evaluating the human rights situation.
The Sales Compliance Board decided to conduct a new Human Rights Impact Assessment based on this foundation.
The emphasis on conducting business responsibly takes a full value chain perspective.
It begins with supply chain and extends through Ericsson’s own operations including the sales process, where the sales compliance board examined more than 200 cases during 2013.
The anti-corruption program is in focus and some 85,000 employees have taken a training course outlining the company’s policies and standards.
Elaine Weidman-Grunewald, head of Sustainability and Corporate Responsibility said, “This area continues to gain importance to all our stakeholders and we are focused on building a strong foundation for corporate responsibility within the company. This does not mean incidents can never happen, but it means when they do, we have strong operational processes in place to handle them.”
In energy and environment, Ericsson reports improvements in its own activities and products in operation.
Ericsson set a target to reduce CO2e emissions by 30% per employee by 2017.
The full-year reduction for 2013 was 10% per employee.
Examples from the portfolio include the Ericsson Psi Coverage Solution, introduced last year, and Ericsson Radio Dot System.
Psi Coverage Solution uses a single radio unit to provide the same 3G coverage as an ordinary base station equipped with three radio units.
Psi Coverage Solution has been deployed across 11 markets during 2013 and has proven to reduce power consumption by 40%.
Ericsson Radio Dot System, which revolutionizes indoor coverage, reduces power requirements by more than 50% compared to traditional Distributed Antenna Systems, and prolongs battery life of end-user devices used in enterprise environments.
Technology for Good programs, which aim to increase access and affordability to communications, have reported significant progress in 2013.
Fredrik Jejdling, head of Ericsson Sub-Saharan Africa, added, “Education is a cornerstone for reducing poverty, enabling development, and fostering better lives. By deploying mobile broadband and cloud solutions, combined with hands-on training in ICT, students from Ghana, Tanzania, Kenya, Uganda, Malawi, and Senegal, as well as Ethiopia and Rwanda have been able to access quality education resources enabled by our cloud-based solutions”.
Another program aims to assist in the global refugee crisis, which affects 42 million people according to the UN refugee agency UNHCR.
“At the end of 2013 there were 250,000 people registered on the Refugees United mobile platform that helps refugees search and find each other.
“In response to the current humanitarian crisis in Syria and neighboring countries, Ericsson recently announced the launch of the service together with three mobile operators: Zain in Jordan, Avea in Turkey, and Asiacell in Iraq.
“Ericsson has set an objective to positively impact 2.5 million people directly through our Technology for Good initiatives by 2016.
“Weidman-Grunewald concludes: “At the end of the day a sustainability report is only a snapshot of performance. It will fall short without the people, processes and governance behind it. Building the robustness of our programs has been a big focus for us in 2013, in all areas of Sustainability and Corporate Responsibility.”
E-Business
Konga Yakata’s Last Week: Don’t Miss Out on Incredible Deals
Excitement is reaching a fever pitch among shoppers as the Konga Yakata Black Friday shopping fiesta enters its final week. Shoppers nationwide are gearing up for a rain of last-minute deals and irresistible offers, with the promotion set to end on Saturday, November 30, 2024.
The month-long Konga Yakata campaign, which kicked off on Friday, November 1, has delivered an unparalleled shopping experience, treating customers to incredible discounts, engaging promos, and unbeatable incentives.
In addition to massive price cuts across a wide range of products, Konga has thrilled shoppers with exciting events such as Treasure Hunts, Flash Sales, Bargain Bash, Brand Days, and specialized Black Friday packages like the Budget Store, Under 50k Store, and TGIF Epic Drop.
The highlight of the Yakata 2024 season will be this year’s Black Friday, which takes place on Friday, November 29. Thousands of customers will be able to score exclusive discounts on items including electronics, clothes, home appliances, computers, and groceries.
Reflecting on the experience so far, a satisfied anonymous shopper who snagged a TV at a discounted rate said, “Konga Yakata has been nothing short of amazing this year. The discounts are unbelievable but true, and the convenience of shopping online is unmatched.
“I’ve already made several purchases, and I’m excited to see what other deals are in store for the final week.”
Konga’s Black Friday sale has been a boon for consumers, offering respite from the economic challenges many Nigerians face. By providing access to affordable products and services, Konga has empowered shoppers to make the most of their money.
Despite the prevailing economic challenges, shoppers have embraced the Yakata season, targeting high-value deals and leveraging Konga’s tailored offerings to make significant savings. With the countdown underway, the excitement is expected to hit its peak on Friday as customers traditionally wait for that day to grab the most exclusive deals.
Speaking on the heightened anticipation, Kunle Ajani, Group Head of Marketing at Konga, stated, “We’re thrilled with the overwhelming response to Konga Yakata this year, and we’re committed to ensuring the final week delivers the biggest surprises yet.
“We are proud to offer a platform where shoppers can enjoy exceptional value, despite the economic realities.”
As the curtain closes on the 2024 Yakata season, shoppers can look forward to a flurry of last-minute deals, culminating at midnight on November 30. From tech enthusiasts to lovers of electronics and deal hunters, Konga Yakata continues to redefine the shopping experience, making it a season to remember for all Nigerians.
Take advantage of the final week of Konga Yakata. Visit Konga.com and experience the thrill of shopping at unbeatable prices.
E-Business
NITDA DG Harps on the Role of Innovation in Nigeria’s Sustainable Development
Kashifu Inuwa CCIE, the Director General, National Information Technology Development Agency (NITDA), has reiterated the critical role of innovation in driving Nigeria’s sustainable development, economic diversification, and global competitiveness.
Inuwa made this remark while delivering a keynote address at the 8th Annual Research Fair and Exhibition of Nasarawa State University, Keffi (NSUK), where he called on academia, industry leaders, and policymakers to embrace disruptive transformational innovation as a tool for addressing the nation’s challenges and unlocking its immense potential.
Speaking on the theme, “Disruptive Transformational Innovation; Shaping the Future,” Inuwa commended NSUK for organising an event that aligns with Nigeria’s pursuit of growth through knowledge-driven solutions.
Inuwa who was represented by the Deputy Director, eGovernment and Digital Economy Development Department, Engr Ya’u Garba, applauded the university’s increasing focus on transformation, noting that such initiatives reflect an understanding of the need for impactful innovations to address real-world issues.
Inuwa emphasised that while inventions remain a cornerstone of academic inquiry, their significance lies in their ability to move beyond theoretical exploration to become practical innovations. These innovations, he explained, have the power to reshape industries, tackle societal challenges, and accelerate national progress.
He urged institutions to prioritise creativity and bold thinking, ensuring that research outputs translate into tangible benefits for society.
Explaining the concept of disruptive transformational innovation, Inuwa described it as a profound force capable of altering established systems, processes, and products in ways that redefine societal functions. Unlike incremental innovations, which focus on improving existing frameworks, disruptive innovations introduce entirely new paradigms, addressing challenges in groundbreaking and previously unimaginable ways.
He cited historical examples such as the Printing Press, the Steam Engine, and Electricity, which have significantly transformed human existence and set the foundation for modern development.
Inuwa pointed out that Nigeria’s abundant human and natural resources present a unique opportunity to harness innovation for sustainable development. He called for a collaborative approach involving academia, industries, and government to build an environment that nurtures creativity, supports bold investments, and encourages inclusive growth. Such an ecosystem, he said, is vital for fostering homegrown innovations that can propel Nigeria to the forefront of global technological and economic advancements.
He further highlighted NITDA’s dedication to fostering innovation through various initiatives, including the National Adopted Village for Smart Agriculture (NAVSA) to digitally transform the agricultural sector, the National Blockchain Adoption Strategy to enhance digital trust and transparency, and the National Artificial Intelligence Strategy aimed at building a robust AI ecosystem in the country, among other impactful projects, which are part of the Federal Government broader strategy to position Nigeria as a leader in the global knowledge economy.
Inuwa also urged NSUK to deepen its commitment to innovation by establishing hubs that support facility-led startups, fostering collaborations with industry stakeholders, and equipping students with essential technological skills. He noted that such efforts would not only empower the university community but also contribute significantly to national development.
Inuwa expressed confidence in Nigeria’s ability to not only adopt global innovations but also create groundbreaking solutions that could influence the trajectory of Africa and the world.
He called on all stakeholders in the country to embrace the transformative power of innovation in order to drive sustainable development, economic diversification, and global relevance.
E-Business
Data Commission, NAICOM Partner to Safeguard Data in Insurance Industry
Nigerian Data Protection Commission (NDPC) and National Insurance Commission (NAICOM) have signed a Memorandum of Understanding (MoU) to protect data pilfering in the insurance industry.
The agreement was finalised on Friday and aims to address critical concerns around data privacy and ensure that the insurance sector complies with global best practices in data management.
Some of the objectives of a MoU include training and capacity building to enhance awareness and skills in data protection, setting up specialized clinics to address data protection concerns and provide guidance; conducting compliance activities by regularly, monitoring and enforcing compliance with data protection regulations and educating insurance companies on the importance of data protection and the benefits of adhering to best practices.
Mr Olusegun Ayo Omosehin, commissioner for Insurance/ chief executive officer, NAICOM, said, “The collaboration marks a significant milestone in safeguarding the personal data of insurance policyholders and promoting trust in the insurance sector”.
To ensure the effective implementation of the Memorandum of Understanding (MoU), an Implementation Committee will be established.
This committee will comprise representatives from the 2 agencies, as well as other key industry associations, including the Nigerian Insurers Association (NIA) and the Nigerian Council of Registered Insurance Brokers (NCRIB).
The committee’s primary responsibility will be to monitor progress, provide guidance, and facilitate collaboration among stakeholders to guarantee the successful execution of the MoU.
Officials from both NAICOM and NDPC have expressed confidence in the partnership’s potential to strengthen data privacy frameworks within the insurance sector.
They noted that the initiative would boost public confidence, enhance compliance, and position the sector for greater innovation and credibility.
This collaboration is expected to pave the way for a more secure and trustworthy insurance landscape in Nigeria, ensuring the protection of personal data while fostering the industry’s growth.
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