PHOTO:WILBERFORCE OKWIRISafaricom says internal structures to fight corruption have cut down the vice by over 60 per cent. The company even instituted the controversial KPMG audit into alleged malpractices to influence acquisition of property at Garden City, which Mr Collymore said is still ongoing. Last year, Safaricom created Sh413 billion worth of value in earnings economic activities, social progress and environmental contributions. Safaricom calculated this figure by applying Transparency International's country corruption index for Kenya to the economic value added. The firm reckons its biggest value came from the economic activities it generated, tax remittance and capital expenditure.

Source: Standard Digital November 01, 2016 17:31 UTC