Pan African Journal of Development Economics and Regional Integration | 23 January 2008
Sustainable Business Practices in Kenyan Development Contexts: An Analysis
K, i, b, e, t, K, i, n, y, a, n, j, u, i, ,, M, u, t, h, u, r, i, M, b, u, g, u, a
Abstract
Sustainable development in Kenya is increasingly recognised as crucial for balancing economic growth with environmental conservation and social equity. The analysis relies on secondary data from government reports, academic journals, and industry surveys, supplemented by expert interviews focusing on sustainability initiatives across various sectors. The empirical evidence suggests that there is a significant proportion (45%) of businesses adopting sustainable practices, particularly in agriculture and tourism sectors, highlighting the potential for broader adoption. While progress has been made, challenges such as limited funding and awareness remain barriers to widespread implementation of sustainable business models. To accelerate sustainable development, policy makers should prioritise education campaigns, financial incentives, and regulatory frameworks that support green initiatives.