Kenya’s state-owned power utility, Kenya Power, has announced that it will invest KShs.13 million ($128,655) to fund Corporate Social Investment (CSI) programmes championed by employees across the country.
The programmes dubbed Wezesha Jamii are part of the Company’s CSI initiatives and will support provision of education, water, health and sanitation facilities.
The Wezesha Jamii programmes were launched this week at City Primary School where Kenya Power managing director & CEO Dr. Ken Tarus handed over a cheque of KShs.1.7 million ($19,792) to the institution.
The utility explained that the funds will finance construction of a playfield for children with special needs at a cost of KShs.1.5 million and equipping a vocational training carwash for the Autism Unit hosted by the school at a cost of KShs.200,000 ($1,979).
“Kenya Power endeavours to improve the livelihoods of the people from the community in which it operates. Traditionally, the Company has set aside 1% of its net profit every financial year to support its CSI initiatives,” said Dr. Tarus
Last year, the Company adopted a new CSI policy which allocates 60% of the CSI budget towards projects that support education programmes across the country.
In the past, Kenya Power has supported several schools that cater for children with special needs including Dr. Ribeiro Parklands Primary School Cerebral Palsy Unit, the school of the Mentally Disabled in Embu, Pwani School for the mentally handicapped in Coast, among other institutions.
Last year, the Company also supported construction of classrooms and administration blocks in other schools such as St Mary’s Tachasis Early Childhood Development School, Olessos Primary School in Eldoret and Katulu Primary School in Machakos.
In addition, the Company has an endowment fund at Starehe Boys and Girls that funds learning for needy students at both institutions.
To enhance provision of clean water to communities outside the reach of piped water, the Company has set aside KShs.8 million ($79,167) to electrify boreholes in various parts across the country.