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Article

17 Mar 2012

Author:
Muthoki Mumo, Daily Nation [Kenya]

Private Kenyan firms sign code of ethics

Kenya’s private businesses...endorsed a code of ethics...to address issues of corruption and governance in the corporate industry.More than 30 companies from the banking, manufacturing, media, telecommunications and hospitality industries signed the Code of Ethics for Businesses in Kenya. “The cost of being unethical is enormous. It’s time businesses took a pro-active role in fighting corruption in this country,” Kenya Association of Manufacturers CEO Betty Maina said. The initiative is organised by the United Nations Global Compact Initiative in partnership with the Kenya Association of Manufacturers (KAM) and the Kenya Private Sector Alliance (Kepsa).