This week marks the deadline for public comments on the Draft Central Bank of Kenya (Credit Guarantee Business) Regulations, 2025, with submissions due by Wednesday, October 15, 2025. The regulations, developed under the amended CBK Act through the Business Laws (Amendment) Act, 2024, seek to establish a clear framework for the regulation and supervision of entities engaged in the credit guarantee business in Kenya. Once enacted, all companies offering credit guarantees will be required to register or obtain a license from the Central Bank of Kenya (CBK) and adhere to prudential and governance standards. The move aims to strengthen oversight in the credit guarantee sector, ensuring stability and promoting access to affordable credit, particularly for Micro, Small and Medium Enterprises (MSMEs). Members of the public can review the draft regulations on the CBK website and submit their feedback online or in writing to the Director, Bank Supervision Department.
This week marks the deadline for the Attorney General to file and serve a preliminary objection in the case challenging the appointment of 21 presidential advisors by President William Ruto. The objection, due by October 17, 2025, contests the inclusion of the President as a respondent in the petition filed by lawyer Lempaa Suyianka through the Katiba Institute. The case questions the constitutionality of the advisors’ appointments, arguing they were made without public participation and outside the limits of executive authority. The Attorney General, however, maintains that the appointments are lawful under the Constitution, which grants the President power to establish offices within the Executive. The court directed that responses to the AG’s objection be filed by October 31, 2025, with a ruling on whether the President will remain a party to the case expected on December 11, 2025.
On Wednesday, 15 October 2025, ODM leader Raila Odinga is scheduled to be in Kajiado County as part of the party’s expanded ODM@20 outreach calendar. His visit is set to be a focal point in the celebrations, bringing the party’s national leadership closer to grassroots supporters after postponing the original anniversary in Mombasa. Expect public rallies, community engagements, and a chance for ODM leaders to articulate their vision for the region.
This year, Energy Week will run from 13 to 19 October 2025, culminating in the Mashujaa Day celebrations on 20 October in Kitui County. This year’s theme is “Energy for National Development.” Organised by the Ministry of Energy and Petroleum, the week provides a national platform to showcase Kenya’s milestones in electrification, renewable energy, clean cooking, and green technology adoption. The celebrations aim to recognise individuals, institutions, and innovators driving progress in the energy sector and to raise awareness of how access to reliable, affordable, and sustainable energy underpins Kenya’s economic growth and social transformation. Throughout the week, the ministry will highlight flagship projects such as rural electrification initiatives, renewable mini-grids, and clean cooking programmes that are improving lives across the country. The event will feature exhibitions, policy dialogues, youth innovation challenges, and clean energy showcases, bringing together government agencies, development partners, private sector players, and county governments.
This week is gearing up to be a milestone for Kenya’s revenue sector. The KRA Summit 2025 is scheduled to take place from 14 to 15 October 2025 at The Edge Hotel & Convention Centre, Nairobi. The event is themed “Beyond the Frontiers: Advancing Digitalised, Inclusive, and Customer-Centric Revenue Administrations.” The Summit will convene policymakers, private sector leaders, development partners, and tax specialists to explore innovations in revenue mobilisation, customs modernisation, and trade facilitation. Over two days, participants will engage in plenaries on topics such as expanding the tax base through MSME empowerment, integrating cross-agency data systems, leveraging big data for smarter customs, and designing behavioural insights to boost voluntary compliance.
This Wednesday, 15 October 2025, Nairobi will host the 4th Africa Fintech Forum (AFF 4.0) at the Pullman Hotel, Upper Hill. This year’s event is themed “The Future of Finance in Africa: Innovation, Inclusion and Impact.” The forum will bring together fintech founders, investors, regulators, policymakers, and development partners to explore how technology is reshaping Africa’s financial landscape and creating pathways for sustainable, inclusive growth. The discussions will focus on unlocking fintech’s potential in areas such as digital payments, open banking, insurtech, RegTech, blockchain, cybersecurity, and green finance. With panel sessions, startup showcases, and investor roundtables, AFF 4.0 will provide a space for innovators to connect with decision-makers and explore strategies for scaling solutions across borders. Organised by Africa Fintech Network (AFN) in collaboration with Fintech Association of Kenya and other industry partners, the forum builds on the momentum of previous editions held in Lagos, Cairo, and Johannesburg.
Crown Paints Kenya Plc has appointed Mustafa Turra as its new Group Chief Executive Officer. He succeeds Rakesh Rao, who exits the company after two decades of leadership.
Before joining Crown Paints, Turra served as Business Head – Soy and Vice President – Integrated Feed & Protein at Olam Agri in Nigeria, where he oversaw operations in the soy processing and animal feed value chain. Prior to that, he spent more than 17 years at Asian Paints, one of the largest paint manufacturers globally, where he held senior roles across several subsidiaries. These included Country Head of Asian Paints Causeway in Sri Lanka, General Manager and Director at SCIB Chemicals in Egypt, and Managing Director at Berger Paints Jamaica and Barbados. His leadership spanned P&L management, business restructuring, and operational integration in complex, multi-country markets.
Turra’s earlier career also involved regional marketing and product management roles at Berger Paints Middle East and Asian Paints India, where he contributed to product innovation and brand development initiatives. His background reflects experience in strategic planning, business turnaround, stakeholder engagement, and supply chain management, with a focus on sustainable growth and cross-cultural team leadership.
He holds a Post Graduate Diploma in Business Management (MBA) from XLRI Jamshedpur, specialising in Strategic Management and Marketing, and a Bachelor’s degree in Electrical Engineering from Jamia Millia Islamia, New Delhi, where he graduated as a Gold Medallist and President’s Medal awardee.