28 May 2013 was a historic day for Angola. On this day, the Principles for Responsible Business for Angola were launched, as well as ‘O Centro de Etica de Angola’ (Ethics Centre of Angola).
The official launch took place at the Talatona Convention Centre in Luanda in the presence of the Secretary-General of the National Chamber of Commerce and Mr Antonio Muhungo, the Coordinator of the Centro de Etica de Angola.
The event was attended by more than 100 delegates.
The Principles were developed by a multi-stakeholder working group during 2012. The decision to develop these Principles was taken last year on 15 May 2012 at the first Business Ethics Seminar in Angola. The Principles are an important tool for Angola to enhance their competitiveness in the world, but also for Angolan companies to get easier access to foreign markets. The Angolan economy is growing exponentially, but this growth can only be sustainable if done in an ethical manner with respect for all stakeholders, applicable national and international laws and regulations and good governance standards.
After the launch, an official signing ceremony took place, where companies could voluntarily sign up to the Principles. More than 30 companies present signed up to the Principles at this launch, which is an absolute record.
The Ethics Centre for Angola is a newly-established independent not for profit organisation. The aim of the Centre is to assist the public and private sectors in Angola to incorporate ethics management into their organisations. They can offer advisory services, trainings and assessments, but they will also advocate for a more ethical Angolan society.