Fusion Capital receives ISO Certification

Real estate developer and private equity group Fusion’s quality management system processes have been certified as compliant under the ISO 9001:2008 standard.

The certification confirms that the quality processes and systems of the group’s subsidiaries, Fusion Capital and Fusion Investment Management, meet specific criteria for ensuring consistent and continuously improving quality systems that fulfill customer requirements.

Fusion Capital is a real estate developer and fund manager targeting the needs of businesses in East and Central Africa. Fusion Investment Management provides investment services to investors.

The group’s  Chief Executive, Mr Luke Kinoti, said the organisation’s international recognition was a milestone, allowing it to do business anywhere in the world. It also gives Fusion’s potential partners confidence, he said.

“We are pleased to achieve this internationally known recognition for our quality systems and processes,” Mr Kinoti said. “This emphasises how much quality is a priority for us, even in this era of tough economic times.”

Fusion Director James Mageria, who led the certification process said his employees’ commitment had brought the success.

“For ISO to succeed, commitment from management and everyone in an organisation is important and was clearly observed at Fusion,” he said.  “Any company that has achieved certification is definitely a step ahead of others on the road to success.”

 As part of a family of standards overseen by this international organisation, ISO 9001:2008 sets out the criteria for a company’s quality management system, and includes a strong customer focus, involvement of top management and a process for continuous improvement.

Attaining ISO 9001:2008 involved a rigorous self-evaluation process undertaken over the course of one-and-a-half years, during which Fusion  assessed its quality system and procedures. The company’s work was then validated through an audit conducted by an external, accredited organisation.

To maintain its certification, Fusion has committed to continuously assess its quality management systems and processes and undergo follow-up audits every six months.

Fusion Capital normally invests through its real estate financing programme, where it seeks partnership with landowners who contribute land while it funds construction. The company fully underwrites the project, provides project management, gets funding, and sells the property.

In eight ongoing real estate projects, Fusion works in joint ventures and one of its pre-conditions is managing projects  to ensure timely completion that is within the budget set.