Kenya Steps Up Fight Against Corruption with Revamped Business Code of Ethics
Kenya is making a renewed push for ethical business practices with the relaunch of the Code of Ethics for Business in Kenya. Led by the Global Compact Network Kenya (GCNK) alongside Kenya’s business associations, this initiative aims to improve corporate conduct across the country.
The Code, first launched in 2012, has grown significantly, with over 840 companies signed on. Now, a new online platform offers resources and guidance to help businesses implement the Code’s principles, particularly around anti-corruption measures.
This relaunch comes at a critical time. Corruption is a major concern in Kenya, costing the country as much as 17% of its GDP and hindering economic growth. The Code tackles various forms of corruption, including bribery, fraud, and financial misconduct.
Judy Njino, head of GCNK, emphasizes the importance of supporting businesses in upholding ethical practices. The new platform provides them with the tools and knowledge to effectively combat corruption.
The fight against bribery is a key focus. A recent survey revealed a worrying increase in average bribes paid across Kenya, with employment, passports, and government tenders being the most corruption-prone areas.
Mirriam Bomett, representing the Kenya Association of Manufacturers (KAM), urges all parties involved to take action. They are working with the judiciary to develop an anti-corruption guide for judges, ensuring legal decisions reflect Kenya’s commitment to clean business practices.
This relaunch signals Kenya’s strong stance against corruption. With increased resources and collaboration, the Code of Ethics for Business in Kenya has the potential to create a more ethical and prosperous business environment for the country.
