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XINHUA NEWS SERVICE REPORTS FROM THE AFRICAN CONTINENT

 

KAJIADO, (Xinhua) -- Kenyan Deputy President William Ruto (3rd L) takes part in the launch of a women’s empowerment programme in Kajiado West constituency, Rift Valley Province, Kenya, Aug.13, 2018. XINHUA PHOTO: FRED MUTUNE

UN urges Kenya’s private sector to mainstream gender to boost returns  

NAIROBI, (Xinhua) -- The UN on Tuesday urged Kenya’s private sector to mainstream gender in order to boost their investment returns.

UN Women’s Economic Empowerment Program Analyst Banu Khan told Xinhua in Nairobi that numerous studies have shown that having women at the decision making level of private sector has both financial and non financial benefits.

“Women also bring a different perspective and experience to the private sector and this will be a good thing for Kenya’s business community,” Khan said when a interior design and construction company signed the United Nations Women’s Empowerment Principles (WEP).

He said that by signing to the WEP, the private sector can play a part in contributing to the achievement of gender equality and the UN Sustainable Development Goals.

So far over 40 Kenyan organizations including companies and membership organizations have been signatories of the WEP.

Khan said that if a CEO of an organization signs on to the WEP, it sends a signal that the firm is committed to gender equality and empowerment of women.

She noted that Kenya is making significant progress towards the achievement of gender parity.

Khan said the idea of the WEP started in Kenya in 2014 so as to include the country into the global conversation of UN SDGs.

According to the UN official, empowerment of women is a win-win strategy for the private sector as well as the women involved.

Khan said women should also be mainstreamed into the private sector as they make up about 50 percent of the talent pool in the country.

After signing on to the WEP, a company joins institutions across the globe committed to fair treatment, economic empowerment and having women at the center of driving growth and innovation at all levels of the work place. 

             

 

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