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Traders welcome new EAC 'Business Code of Conduct'

Published on March 14, 2016

Business operators in the East African Community (EAC) are optimistic that the Code of Conduct for Business in the region, endorsed by regional leaders recently, will go a long way in curbing corruption and unethical business behaviour that remain serious constraints to economic development of the bloc.

Denis Karera, chairperson the East African Business Council (EABC), the apex body of the private sector in the bloc, last week told reporters that the code of conduct was intended to create a sense of ethical business operations “among us business operators” in the region.

Karera said: “The code of conduct was necessary because we do business in very unethical ways.” Read more. Source | New Times