AFRICA IS FOCUS OF CORPORATE GOVERNANCE REFORMS
September 1st, 2015
THE NEED for sub-Saharan Africa to improve its corporate governance, promoting sustainable development in a region that still trails the rest of the world in many poverty metrics, has been a key theme of accounting conferences. And new initiatives reflecting this understanding have been making progress in east and west Africa, for instance.
East Africa is certainly moving ahead in business terms, with the World Bank forecasting powerhouse Kenya’s economy to grow 6% in 2015. Politically stable Ethiopia is forecast to grow 9.5% in 2015; Uganda 5.5%; Tanzania ...
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