Description: Fighting Corruption the Celtel Way : Lessons from the Front Line

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Fighting Corruption the Celtel Way : Lessons from the Front Line

Celtel is dedicated to making life better. In our eyes this means ensuring a sustainable business to continue the infrastructure investment essential to Africa's development. And it means doing so in a fully transparent manner, including publi...

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Bibliographic Details
Main Author:	Ibrahim, Mohamed
Language:	English
Published:	World Bank, Washington, DC 2012
Subjects:	ACQUISITION ANTICORRUPTION BRIBERY BRIBES BUSINESS OPPORTUNITIES BUSINESS TRANSACTIONS COMPANY CONSENSUS CORP. CORPORATION CORPORATIONS CORRUPTION CORRUPTION CHARGES CORRUPTION PERCEPTIONS CORRUPTION PERCEPTIONS INDEX EXCHANGE ACT EXCHANGE COMMISSION FOREIGN CORRUPT PRACTICES FOREIGN CORRUPT PRACTICES ACT GOOD GOVERNANCE GOVERNMENT OFFICIALS IMPROPER ADVANTAGE INDEPENDENT DIRECTORS INDIVIDUALS INTERNATIONAL BUSINESS INVESTIGATION JOINT VENTURE LAWS MIDDLE EASTERN NEGOTIATIONS OUTREACH PARTNERSHIP POLITICAL PARTIES POTENTIAL ACQUIRER POVERTY REDUCTION REPORTING SAHARA SHAREHOLDER SHAREHOLDERS STAKEHOLDERS SUBSIDIARIES TRANSPARENCY UNION WESTERN COMPANY
Online Access:	http://documents.worldbank.org/curated/en/2007/05/7643027/fighting-corruption-celtel-way-lessons-front-line http://hdl.handle.net/10986/9571

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Summary:	Celtel is dedicated to making life better. In our eyes this means ensuring a sustainable business to continue the infrastructure investment essential to Africa's development. And it means doing so in a fully transparent manner, including publishing what we pay to Governments and state-owned enterprises : this amounted to some 35 percent of Celtel's revenue in 2005. The Celtel story shows emphatically that it is possible, if not always easy, to run a successful clean business in Africa which can benefit all stakeholders and help to enable development.