The American Chamber of Commerce (AmCham) Kenya has launched a working group that will focus on responsible business practices, good governance and anti-corruption. This move follows President Uhuru Kenyatta’s recent commitment to address corruption.
AmCham Kenya is in full support of the “Kenya-US Joint Commitment to Promote Good Governance and Anti-Corruption Efforts in Kenya,” announced by the governments of Kenya and the United States of America during President Obama’s July 2015 visit.
“We support President Kenyatta in urging the Parliament to pass the private sector-championed Anti-Bribery Act. The Act includes elements of transparency and accountability found in the US Foreign Corrupt Practices Act, which for years has governed the way American firms interact with governments,” explained Mr Peter Njonjo, the President, AmCham Kenya.
AmCham said this cooperation would reform how government conducts procurement and contracting, while offering the input and support of the American business community. The body also urges the Kenyan business community to fully support the initiatives laid out in the Joint Commitment, many of which affect the private sector.
AmCham calls on the government to take immediate and coordinated action to implement the steps announced by the President, noting that its members are ready to support and assist in this effort.
“Corruption’s roots run deep in the society and must be addressed by everyone: government, business, civil society, and citizens. It undermines the rule of law, enables human rights abuses and organized crime, while threatening regional stability and national security,” he said.
It continues to be the single greatest obstacle to economic growth and development in Kenya. It costs jobs and deters the investors and international partners Kenya seeks to attract; ultimately, undermining the country’s global competitiveness.