News
DHL named top employer in Africa
For the fourth consecutive year, DHL Express was certified as a Top Employer at the prestigious Top Employer Africa 2018 Ceremony which took place on Thursday, October 12, 2017 at the Sandton Convention Center in Johannesburg .
Hennie Heymans, Director General of DHL Express in Sub-Saharan Africa, explains that this is the fourth consecutive year that DHL receives this award from the Top Employers Institute. “DHL Express values its employees and strives to make the company a rewarding place to work. We are proud to receive this recognition from the Top Employers Institute.”
This year, DHL was the only company to be certified as a Top Employer in 18 African markets, including Angola, Botswana, Cameroon, Côte d’Ivoire, Ethiopia, Gambia, Ghana, Kenya, Madagascar, Mauritius, Mozambique, Morocco, Nigeria , Namibia, South Africa, Senegal, Uganda and Zambia.
“Throughout its organizational structure, DHL cultivates an extremely consumer-centric culture, which we consider to be an essential component of our success. Maintaining this culture around the world is a task that resided, to a large extent, in our effective employee engagement programs, “Heymans said.
“As such, it goes without saying that employee motivation and development are very important areas for us. We are committed to having a team of highly effective employees who operate in a high performance culture that promotes and drives diversity. ”
“Throughout its organizational structure, DHL cultivates an extremely consumer-centric culture, which we consider to be an essential component of our success”
According to Heymans, DHL’s use of employee initiatives and programs, including the company’s Certified International Specialist Certificate (CIS) cultural exchange program, helped unlock the potential of company employees throughout sub-Saharan Africa. “This year we placed a strong emphasis on re-qualifying and qualifying middle managers and supervisors as this leadership level is central to leading and executing our growth aspirations in the coming years. As we continue to grow, we need to all of the company’s employees understand their role and how to execute efficiently. After all, the role of supervisors and middle managers is to build trust and inspire great performance. ”
DHL also recently completed the Employee Opinion Survey, which provides a platform for employees to send their ideas and feelings about the company anonymously. “This is an important tool that helps us identify the areas where we are working well, as well as the areas that require improvement,” Heymans continued.
In addition, our Employee of the Year and Employee of the Year awards are awarded to the best performing employees based on their colleagues’ appointments. “We believe that the power of our incredible network is people, and so strategic planning and implementation of programs are vital.”
In order to be certified as a Top Employer in Africa, a company needs to operate in four or more countries and have exceptional conditions for employees. The Top Employers Institute conducts a comprehensive and independent study by completing a survey of good HR practices by employees in relevant companies.
The Top Employers Institute evaluates the human resources strategy, implementing policies, practices and employee offerings to reveal whether the company provides exceptional employee conditions, develops talent at all levels, and demonstrates leadership by optimizing the development of its employees. and practices of employees.
Each completed survey is reviewed by the Top Employer Institute and is subsequently audited by a third party. Only organizations that qualify from the selection process receive the Top Employers title and the Certification Seal, but all participants receive a comprehensive feedback report.
“We are honored to be certified again as a Top Employer in Africa and we will strive to ensure that we remain focused on attracting, retaining and developing our employees across the region,” Heymans concluded.
The headquarters of Heritage Bank at Victoria Island, Lagos, was besieged on Thursday by members of the labour union, protesting the recent dismissal of 1,000 support workers.
The National President of the National Union of Banks, Insurance and Financial Institutions Employees, Comrade Anthony Abakpa, led the demonstration, condemning the bank’s management for what he deemed a lack of adherence to due process in the termination of employment contracts.
Speaking during the protest, Comrade Abakpa asserted that the leadership of Heritage Bank failed to follow established protocols before executing the mass layoffs.
He emphasised the union’s commitment to pursuing justice for the affected workers, vowing to escalate their demands until the bank’s management rectifies the situation.
“We will intensify our demands for justice,” declared Comrade Abakpa, urging the bank’s management to take corrective action to address the grievances of the dismissed workers.
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, clarified that Nigeria is not utilising its foreign reserves to bolster the naira, despite recent fluctuations in reserve levels.
Speaking from Washington DC, where he is attending the International Monetary Fund-World Bank Spring Meetings, Cardoso highlighted the influx of $600 million into Nigeria’s reserves account within the past two days.
While the naira has experienced a notable appreciation against the dollar in recent weeks, climbing over 40% from approximately N1,900/$ to about N1,000/$1, Nigeria’s foreign reserves have been dwindling. As of April 15, reserves dropped to approximately $32.29 billion, marking the lowest level in over six years.
Cardoso emphasised that the shifts in reserves are typical for any country, where various financial obligations, such as debt repayments, necessitate withdrawals.
He stated, “What you’ve seen with respect to the shift in our reserves is normal in any country’s reserves where, for example, debts are due and certain payments need to be made. They are made because that is also part of keeping your credibility.”
Continuing, Cardoso underscored the dynamic nature of the market, advocating for a system driven by willing buyers, willing sellers, and price discovery.
He emphasised, “The shift in our reserves has really little or nothing to do with defending the naira, and that is certainly not our objective.”
Dangote Petroleum Refinery has made headlines by announcing a further reduction in the price of diesel, dropping it from ₦1200 to ₦1000 naira per litre.
The refinery’s decision comes on the heels of its recent supply at a significantly reduced price of ₦1200 per litre, which was introduced three weeks ago, signifying a remarkable 30 per cent decrease from the previous market price of approximately ₦1600 per litre.
This substantial reduction in diesel prices at Dangote Petroleum Refinery is expected to reiterate positively throughout various sectors of the economy, potentially serving as a catalyst in alleviating the persistently high inflation rate in the country.
In a statement last week, Aliko Dangote, Africa’s wealthiest individual and the owner of the refinery, expressed his optimism regarding the potential impact of the price reduction on inflation in Nigeria.
“I believe that we are on the right track. I believe Nigerians have been patient, and I also believe that a lot of goodies will now come through. There’s quite a lot of improvement because if you look at it, one of the major issues that we’ve had was the naira devaluation that has gone very aggressively up to about ₦1900,” he remarked.
As anticipation builds around the implications of this move by Dangote Petroleum Refinery, stakeholders and consumers alike remain hopeful for the positive effects it could bring to the Nigerian economy in the coming months.
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