Ethics & Integrity | Power Associates Limited

Our Principles

Four Pillars of Ethical Business

Zero Tolerance

We do not offer, pay, accept, or facilitate bribes or corrupt payments in any form — regardless of jurisdiction, transaction size, or business pressure.

Transparency

All financial records are accurate, complete, and retained. We maintain no off-book accounts, false invoices, or undocumented transactions.

Accountability

Every employee, partner, consultant, and contractor is bound by this policy as a condition of their engagement with Power Associates Limited.

Protection

Anyone who reports suspected misconduct in good faith is fully protected from retaliation under our Whistleblower Policy.

A Zero-Tolerance Approach to Corruption

Power Associates Limited's Anti-Bribery & Corruption Policy formally governs all conduct in line with the Prevention and Combating of Corruption Act, 2007 (Tanzania) and applicable international standards. The Compliance Officer is the Director of the Firm.

No Facilitation Payments

No Undocumented Gifts

Annual Risk Assessments

6-Year Record Retention

What We Prohibit

Offering or accepting payments, gifts, or hospitality to gain business advantage
Facilitation payments to expedite routine government procedures
Kickbacks channelled through contracts or intermediaries
Extortion — demanding or accepting any form of bribe
Retaliation against individuals who report concerns
Any activity that creates a conflict of interest or breaches this policy

Gifts & Hospitality

Normal and appropriate hospitality is permitted only in line with our Gifts & Hospitality Policy. All gifts must be:

Modest in value and given openly — not in cash or cash equivalents
Recorded in the company Gift Register at the time of giving or receiving
Approved in advance where required by the Compliance Officer
Never offered to or received from public officials without prior clearance

Red Flags

All staff must be alert to warning signs of potential corruption, including:

Agents or partners with poor reputations or unexplained government ties
Unusually large commissions or fees with no clear justification
Requests for cash payments without proper documentation
Offshore accounts or unexplained preferences for specific subcontractors
Pressure to bypass normal procurement or approval procedures

Record Keeping

Power Associates Limited maintains rigorous financial controls:

All financial records are accurate, complete, and retained for a minimum of 6 years
No off-book accounts, false entries, or misleading invoices are permitted
All gifts, hospitality, and political or charitable donations must be approved and recorded
Third-party payments must be legitimate, proportionate, and fully documented

Third Parties & Supply Chain

Our ethical standards extend beyond our own employees:

All subsidiaries, agents, contractors, and suppliers must comply with this policy
Due diligence is conducted on third parties before engagement
Compensation to agents and intermediaries must be legitimate and proportionate
Breaches by third parties may result in immediate termination of the relationship

Annual Risk Assessments

We conduct structured annual reviews covering:

Country risk — jurisdictions in which we operate or procure
Transactional risk — high-value or complex procurement processes
Business opportunity risk — new partnerships and client relationships
Partnership risk — agents, joint ventures, and subcontractors

Speak Up — You Are Protected

Any employee, contractor, or associate who suspects a breach of this policy is strongly encouraged to report it. All reports made in good faith are treated with strict confidentiality and reporters are fully protected from retaliation under our Whistleblower Policy.

Report a Concern