KENYAN BUSINESS COMMUNITY URGED TO JOIN THE WAR ON GRAFT

By Claire Wanja

NAIROBI, Robert Collymore, the Chief Executive Officer of leading Kenyan telecommunication services provider Safaricom, has urged the business community in the country to join the fight against corruption for a healthy business environment and growing economy.

He made these remarks during the official launch the 3rd Biennial Africa Academy of Management Conference held at Strathmore Business School in Nairobi Saturday.

The conference was attended by some 200 delegates from 16 African nations, with a pool of other delegates from Britain, the United States of America, Europe and Asia.

“The relationship between a company’s impact and ethical behaviour cannot be downplayed,” he said, referring to a report by international professional services group KPMG which estimated Safaricom’s impact on the economy at nine times more than its profits, creating more than 112,000 jobs directly and indirectly.

“Corruption undermines fair competition, distorts development priorities and impedes long-term foreign and domestic investment,” Collymore said.

He further emphasized the need to craft solutions that will benefit companies, communities and the environment in which businesses operate.

Speaking at the same function, Dr. George Njenga, the Dean of Strathmore Business School, emphasized the need for research to be at the heart of every academic institution. This will help bridge the gap the current knowledge gap and as accelerate innovation.

He further noted that the conference was a great platform to deliberate on strategies to build and strengthen research, capacity and education management in Africa.

Source: KBC