CORRUPTION IN KENYA: A BARRIER TO FOREIGN INVESTMENT
June 1st, 2010
BY ALYSHAH HASHAM
KENYA, and its capital Nairobi, is the business hub of east Africa. It also has the reputation of being one of the world's most corrupt places - a place where bribery is an accepted part of doing business. And this reputation may cause foreign investors to shy away. Alyshah Hasham reports.
CORRUPTION remains endemic in Kenya - to most local businesses, it is an accepted way of life in a country that scored a mere 21% in the 2010 Index of Economic Freedom ranking on corruption and placed 147th out of 179 countries in Transparency ...
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