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XINHUA NEWS SERVICE REPORTS FROM THE AFRICAN CONTINENT

 
Kenya’s industrialists seek to promote
ethical, legal business practices 

NAIROBI (Xinhua) -- The Kenya Association of Manufacturers (KAM) on Friday partnered with the University of Nairobi (UoN) to develop strategies that promote ethical and legal business practices within the private sector.

The industrialists and the academia said the partnership seeks to highlight the impact of corruption on the social and economic growth of the manufacturing sector.

Speaking during the meeting, Justice Hedwig Ongudi, High Court Judge and Presiding Judge of Anti-Corruption and Economic Crimes Division, emphasized the need to identify corruption, as a major constraint to the development of the country.

“As a nation, we have sufficient legislation in place to fight this vice. The Kenyan government has even enacted legislation to attract both local and foreign investors. However, the full implementation of this is yet to be achieved,” Ongudi said.

She said the enforcement of laws in regard to corruption remains a key focus of the Judiciary, noting that cases brought to the court must be thoroughly investigated in order to get favorable results.

Strategies discussed at the forum include adopting legal compliance requirements on anti-corruption, undertaking anti-corruption audits on governance and revenue, and stakeholder engagement on comparative perspectives of anti-corruption enforcement.

Julius Ogeng’o, the University of Nairobi Deputy Vice Chancellor in charge of Academic Affairs noted that corruption has been identified as one of the biggest impediment to development in Kenya and a serious obstacle to the realization of the Big Four development plan.

“The University of Nairobi continues to support the government’s Big Four agenda for economic development. As a public institution, we seek to promote dialogue on the issue of enforcement and compliance on anti-corruption requirements in the private sector, with a view of developing joint strategies to address the vice, enhance compliance and foster economic growth,” said Ogeng’o.

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