This archive report was first published on 25 August 2020.
On August 25, 2020, the Kenya National Chamber of Commerce and Industry (KNCCI) reaffirmed its commitment to promoting integrity among its members, in a bid to boost investor confidence.
KNCCI President Richard Ngatia emphasized the significance of transparency in business management, especially during the COVID-19 pandemic, which had infected over 30,000 people and claimed 500 lives by August 25, 2020.
"As the chamber, we play a crucial role in the fight against corruption by fostering an environment intolerant of bribery and illicit activities," Ngatia stated at a news conference in Nairobi. "We achieve this through certification programs and the adoption of codes of conduct, which we promote through training, awareness-raising, and advocacy."
The chamber has established a mechanism to ensure its 20,000 members adhere to ethical business practices while pursuing their interests.
Ngatia also called for balanced reporting on alleged graft cases, including the use of COVID-19 funds, to enhance confidence in the country's economy.
He defended his firm, Megascope Healthcare Limited, against claims of involvement in the clearing of COVID-19 donations by the Jack Ma Foundation, stating that the media house, Nation Media Group, had failed to verify the credibility of its source.
