Safaricom 2023 Sustainable Business Report

83 OUR BUSINESS KPI SUMMARY OUR MATERIAL TOPICS PATHWAY TO A PURPOSE-LED TECHNOLOGY COMPANY OUR STAKEHOLDERS FUTURE FOCUS • Engage further with the CBK on their proposal for a central bank digital currency (CBDC). • Ensure compliance with evolving environmental regulations. MANDATE The Kenya Revenue Authority (KRA) is responsible for the efficient assessment and collection of revenue (taxes) on behalf of the Government. ISSUES ON WHICH WE ENGAGE • Taxation MANDATE The Betting Control and Licensing Board (BCLB) seeks to promote reasonable, legal and sustainable gaming activities in Kenya and authorises gambling, lotteries and prize competitions. ISSUES ON WHICH WE ENGAGE • Safaricom promotions MANDATE The Capital Markets Authority (CMA) protects the interests of investors and publicly listed companies through licensing and supervising the capital markets industry. ISSUES ON WHICH WE ENGAGE • Corporate governance MANDATE The primary regulator for data protection, responsible for overseeing the implementation of the Data Protection Act and Regulations ISSUES ON WHICH WE ENGAGE • Registration of data controllers and processors • Reporting data privacy breaches • Approvals for certain processes involving personal data MANDATE The Kenya Civil Aviation Authority (KCAA) is responsible for the safety and management of the Kenyan airspace. ISSUES ON WHICH WE ENGAGE • Site acquisition • Approval of proposed base transceiver stations MANDATE Responsible for regulation of upstream petroleum and coal. ISSUES ON WHICH WE ENGAGE • Collection and maintenance of energy data (we are mandated to undertake energy audit of our sites every three years and submit the reports to the authority for review and comments) MANDATE The National Environment Management Authority (NEMA) is mandated to ensure the natural resources and environment of Kenya are managed in a sustainable manner. ISSUES ON WHICH WE ENGAGE • Environmental Impact Assessments and audits • E-waste management • Energy management regulations (Under EPRA) • Waste management • Air quality • Noise and excessive vibration pollution