Business

Report: China Using Forced Uyghur Labor, Exploiting Complex Supply Chain

WASHINGTON — More than a hundred international brands are “at risk” of selling cotton products related to Uyghur forced labor in China’s Xinjiang region because of the way China’s cotton industry “obscures” where the cotton actually comes from, according to a November 2021 report. The report, Laundering Cotton, How Xinjiang Cotton Obscured In International Supply Chains, […]

Business

Green energy investors to get insurance boost

Published by Business Daily Kenyan insurers and the UK government-backed Financial Sector Deepening (FSD) are teaming up with UK-based energy and climate risk finance company Parhelion to cushion local investors in renewable energy projects from unexpected losses. FSD said the parties will launch a first-of-its-kind underwriting facility, backed by local insurers, to de-risk early stage […]