Kenya: Stanchart Scoops Top Award

Posted to the web 10 October 2008 Nairobi In a year when compliance with international accounting standards carried the top score, Standard Chartered Bank has come out tops to win this year's overall FiRe Award. The FiRe Award seeks to recognise excellence in financial reporting, sound corporate governance and corporate social responsibility among companies. Excellence in financial reporting encompasses clarity and transparency in reporting financial and business activities of companies, not only in line with international standards, but also on how well such reporting makes it easier for users to understand the business of an organisation. The award is organised by Capital Markets Authority, Nairobi Stock Exchange and Institute of Certified Public Accountants. Now in its seventh year, the event attracted 84 companies,... [read full story]