Tuesday, July 1, 2014

Corruption holds back Kenya's growth prospects

Bribery and corruption cost the economy about Sh3.4 trillion ($40 billion) annually, the Kenya Association of Manufacturers ( KAM) has said. Chief Executive Betty Maina said this remains a threat to any improved growth prospects for the country. Speaking during the launch of a book on Case Studies of Anti-bribery and Corruption Practices among Kenyan companies, Ms Maina noted that companies have the power to combat the vice to register improved profitability.


Read the story by Winsley Masese in Standard Digital.