Category: Business Daily

Kenya Power will buy 14,500 meters and transformers for industries and large businesses as the utility races to protect revenues and reduce billing disputes amid a steady growth in connections and consumption.

Kenya’s geological endowment presents a comparative advantage that, if efficiently leveraged, can catalyse sustainable economic transformation.

The country is endowed with mineral belts and deposits, including precious metals, strategic elements and rare earths spread across Kwale, Taita Taveta, Turkana, Kitui, the Mozambique Belt, among others.

The deposits encompass titanium, soda ash, limestone, gemstones, gold, rare earths, copper, niobium and construction and industrial minerals.

Sustainability-related financial information remains paramount for investors and other stakeholders. While momentum in this area is expected to continue, organisations cannot ignore the growing headwinds facing sustainability practice globally. Policy reversals, fractured alliances, and rising scepticism are increasingly casting doubt on long-term commitments.

Despite these challenges, calls are growing for organisations to embed sustainability more deeply into their purpose – from strategy and operations to reporting. This makes a deliberate and thoughtful approach to sustainability reporting essential in the year ahead.

Poorly executed reports risk depriving stakeholders of decision-useful information and undermining the credibility of sustainability efforts altogether. Given the heightened scrutiny accompanying sustainability-linked investments, organisations must get this right.

One common pitfall is the assumption that longer sustainability reports are inherently better. More pages do not necessarily translate into higher-quality disclosure.

On the contrary, excessive detail can obscure material sustainability-related financial information, weakening the relevance and usefulness of the report. Organisations should resist the temptation to equate volume with value and focus on clarity, materiality, and coherence.

Another misstep is treating sustainability reporting as an end in itself. Reporting should be the outcome of sustainability being meaningfully embedded across the organisation, not a box-ticking exercise.

Decision-useful reports clearly articulate the why, what, and how of sustainability implementation, explaining how the organisation creates value for stakeholders over time.

Approaching sustainability reporting purely from a compliance perspective risks reducing it to an exercise detached from real business impact.

Equally overlooked is the failure to define a clear business case for adopting sustainability. When positioned merely as a cost centre, organisations limit their ability to unlock value, whether through improved efficiency, enhanced risk management, or long-term growth opportunities. A well-articulated business case reframes sustainability as a strategic enabler rather than a burden.

Sustain momentum in sustainability reporting will strengthen trust with stakeholders at a time when credibility matters more than ever.

President William Ruto’s Kenya Kwanza administration has laid slightly under 8,000 kilometres of the national fibre optic cable, underscoring the herculean task it faces in its ambitious plan to complete 100,000 kilometres before the General Election in 2027.

Isuzu East Africa MD and board chair Rita Kavashe hands over a dummy key to Deputy Inspector General of Police Gilbert Masengeli and Samson Wangusi, Principal Administrative Secretary at the National Treasury, when the car dealer delivered 95 vehicles to the government on January 9, 2025. Ms Kavashe is flanked by her deputy MD Isao Wada and the sales and marketing director Wanjohi Kangangi.

The Employment and Labour Relations Court has upheld the dismissal of a bank manager fired for lying about her previous employment in her curriculum vitae (CV), ruling that the misrepresentation undermined trust in the banking industry and justified termination.

It is that time of year when fitness resolutions are made, routines drawn up, and people take on demanding challenges to push body and mind beyond familiar limits. Motivations vary, from improving health and self-esteem to achieving a summer body, the list is endless.

Global food giant Nestlé has recalled specific batches of its SMA infant formula and follow-on formula products due to potential contamination with cereulide – a toxin that can cause nausea and vomiting.

Kenya is spending Sh720 million annually to support a system introduced to vet international visitors from their home countries, new disclosures show, highlighting the burden in the State’s strategy to grow inbound traveller numbers.

The proportion of candidates who scored C- and above in the newly released Kenya Certificate of Secondary Education (KCSE) examination exceeded half of all tested candidates for the first time in a decade, reversing a long-standing trend of below-average performance under the 8-4-4 system.