Kenya’s largest power producer just put a number on seven decades of work. In its inaugural standalone Sustainability Report, Kenya Electricity Generating Company PLC (KenGen) revealed that it dispatched 95% of its electricity from renewable sources during the financial year ending June 30, 2025, while holding its carbon emission intensity to 0.06089 tonnes of CO2 equivalent per megawatt hour. The company now wants to push that intensity down further, to 0.05115 tCO2e/MWh, by 2030. KenGen reported its sustainability data inside its annual financial statements since 2015 and joined the UN Global Compact in 2019. This year, for the first time,…
Author: Lynet Awino
Lynet Awino
Lynet Okumu, a Masinde Muliro University graduate, is a digital journalist passionate about impactful storytelling. She writes on health, business, relationships, and daily life, blending accuracy and creativity to craft engaging, informative content.
Most people plan to start saving properly next month. Then next month arrives, and the money that should have funded that plan has already gone to a dozen small purchases that felt necessary at the time. The gap between people who build real financial security and people who don’t rarely comes down to income. It comes down to one habit: saving first, with a tool that makes the habit stick. What Is M-Shwari? M-Shwari is a mobile savings and loan service run jointly by NCBA Bank and Safaricom, and you access it straight from the M-Pesa menu on your phone.…
Kenya will head to the polls on Tuesday, August 10, 2027, the Independent Electoral and Boundaries Commission announced on Wednesday. The Commission unveiled the date alongside a full election calendar at the launch of its Election Operation Plan, 2025 to 2027, giving public officers, parties and candidates a clear set of deadlines to plan around. Public Officers Face a February Resignation Deadline IEBC Commissioner Ann Nderitu, who chairs the Election Operation Committee, opened with the rule : anyone holding public office who wants to run for an elective seat must quit that job first. “A public officer who intends to…
East Africa’s power infrastructure is changing fast, and Schneider Electric is at the centre of that shift. The company is accelerating the rollout of its SM AirSeT pure-air switchgear across the region, offering utilities, commercial facilities, industrial operators and infrastructure developers a medium-voltage solution that removes one of the electrical industry’s most damaging greenhouse gases from the equation. SM AirSeT, part of the broader AirSeT family, runs on pure air rather than sulphur hexafluoride, or SF₆, a gas with 24,300 times the global warming potential of CO₂. That distinction matters because SF₆ has long been standard in medium-voltage switchgear, and…
The Nairobi Securities Exchange has introduced Options on Single Stock Futures for six of its most traded companies, giving investors a new tool to manage risk and position themselves on future price movements without committing to an outright buy or sell. The contracts cover Safaricom PLC, KCB Group PLC, Equity Group Holdings, Co-operative Bank of Kenya, I&M Holdings PLC, and Kenya Electricity Generating Company. All six will be cash-settled through NSE Clear, the exchange’s existing clearing infrastructure, and supported by its network of clearing and trading members. What a futures contract actually does A futures contract is a legally binding…
Kenya’s diaspora sent home USD 394.2 million in remittances in May 2026, down from USD 397.8 million in April, the Central Bank of Kenya said in its weekly bulletin. The figure marks a 0.9 percent decline and the second consecutive monthly drop following a peak near USD 456 million in March. The 12-month cumulative total to May 2026 stood at USD 5,008 million, down 0.5 percent from USD 5,033 million over the same period in 2025. The decline interrupts a run in which the rolling 12-month average rose each month since early 2024, when it stood near USD 408 million.…