Mistrust between the public and the private sector has long been a formidable barrier to effective collaboration .
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As businesses align their strategies with ethical standards and compliance requirements , they are not only aiming for the public ' s trust but also discovering that ethical practices can be a powerful catalyst for mutually beneficial collaboration . ggerated , viewing them as potential obstacles to their bottom-line goals .
However , due to the diligent work of organizations such as TEID and initiatives such as CIPE ' s Ethics 1st promoting collective action to adopt compliance and ethics in the African private sector , the landscape is transforming as the principles of compliance and ethics take center stage . The increasing focus on corporate responsibility and ethical behavior is evident in the number of private enterprises , large and small , that are adopting robust ethics and compliance programs , and an increasing number of practitioners focusing on this discipline is fostering a new era of cooperation between the private sector and society . As businesses align their strategies with ethical standards and compliance requirements , they are not only aiming for the public ' s trust but also discovering that ethical practices can be a powerful catalyst for mutually beneficial collaboration . The changing dynamics of public and private domains intersecting with the increasing value of C & E to businesses is transforming those perceptions , bringing the business world out of its silo and closer to its natural ally and marking a promising shift in the historically tenuous relationship of the two realms . This shift is necessary as the gravity of global challenges threatening the well-being and livelihood of the world population requires the adventurous and innovative spirit of the private sector that is less restrained than the public sector by bureaucratic shackles and political considerations . From combating the latest global pandemic to distributing aid in the most