The New Era of Government-Owned Enterprises in Kenya: Governance Reform and the Expanding Role of Certified Secretaries
Kenya has entered a defining moment in the governance of its public commercial institutions with the enactment of the Government Owned Enterprises Act. The Act represents one of the most significant structural reforms in the management of state-owned commercial entities in recent history. The Act presents a governance reset. It shifts Government-Owned Enterprises (GOEs) from traditional bureaucratic state corporation models into commercially prudent public companies governed under the Companies Act.
People Over Profit: Why the Social Pillar of ESG Determines Long-Term Sustainability
Sustainability is often discussed in terms of profits, carbon footprints, and compliance metrics. Yet, at its core, sustainability is about people. The social aspect of Environmental, Social and Governance (ESG) frameworks and the people dimension of the Triple Bottom Line, remains the most decisive factor in determining whether organizations endure uncertainty, crises and change. For companies, organizations and state corporations alike, people are not just stakeholders; they are the system itself. Employees, customers, suppliers, communities, regulators and shareholders form an interconnected web where trust, once broken, creates ripple effects that can outlast any financial loss.
THE INDISPENSABILITY OF BOARD EVALUATION FOR SUSTAINABLE CORPORATE GOVERNANCE
Board evaluation is essential to sustainable corporate governance because it ensures that boards remain effective, accountable, and responsive to changing institutional and stakeholder demands. Many governance failures do not occur suddenly but develop over time when boards become passive, fail to question management or lose clarity in their oversight role. Board evaluation comes in handy to provide a structured way to assess how well boards perform their duties, clarify the boundary between governance and management and identify areas for improvement. By promoting reflection, accountability, and continuous improvement, board evaluation strengthens decision-making, builds stakeholder trust and supports the long-term stability and resilience of institutions.
Strategic Meeting Planning and Governance Framework
In many organizations, meetings have become synonymous with wasted time marked by endless discussions, recurring issues, and minimal progress.
Strategies for the Insurance Industry in Embracing Digital Transformation
Article by Prof. Kenneth Wyne Mutuma, Michelle Chebet, and Wachilonga Namasaka The world is constantly evolving, with disruptions such as economic fluctuations, pandemics, and climate change reshaping how individuals and businesses manage risks. In this dynamic environment, effective risk management has never been more crucial. The insurance industry plays a vital role in providing financial […]
Strengthening Governance in Kenya’s Tea sector
Article by Wachilonga Namasaka Tea has long been at the heartbeat of Kenya’s agriculture landscape. Visitors in Kenya are more likely to be welcomed by a steaming cup of tea as a gesture of hospitality found in homes and offices alike. Recognizing this significance of tea in the country, Executive order No. 3 of 2021 on Agricultural reforms: Revitalization of the […]
Driving Sustainable Change: The Role of ESG Frameworks in Shaping Kenya’s Corporate Responsibility and Future
Article by Tyneketra Wanja We do not inherit the earth from our ancestors, we borrow it from our children – American Proverb Today, there is an increase in sustainability awareness among consumers as they choose to purchase products from companies that are looking into sustainable brands. With consumers demanding more than the usual financial reporting […]
AI IN ADDRESSING CHALLENGES IN CORPORATE GOVERNANCE
AI is revolutionizing corporate governance by enhancing transparency and efficiency. By analyzing vast amounts of data in real-time, AI can proactively identify potential issues and streamline compliance processes, reducing human error. Additionally, AI-driven insights into stakeholder sentiment foster better engagement and trust, paving the way for more effective governance practices.
OVERVIEW OF CORPORATE GOVERNANCE PRINCIPLES AND ETHICAL STANDARDS UNDER MWONGOZO CODE
Article by Prof. Ken Wyne Mutuma Corporate governance is a set of rules, practices, and processes that guides the conduct of persons in a company or an organization. It is the technique by which companies are directed and managed. The Mwongozo Code of Governance for State Corporations was introduced in 2015 by the Government of […]
