The Capital Markets (Amendment) Bill, 2025, is scheduled for Second Reading in the National Assembly on 11th November 2025. The Bill seeks to amend Section 29 of the Capital Markets Act (Cap. 485A) to refine the provisions on shareholding limits within licensed entities. It proposes to introduce a new subsection granting the Cabinet Secretary for the National Treasury, in consultation with the Capital Markets Authority (CMA), the power to prescribe shareholding limits for different categories of licensed businesses through regulations.
A hearing of the inquest into Rex Masai’s death during the June 2024 protests has been scheduled for 11th November 2025. The court is set to issue summonses for about ten additional witnesses identified by the National Police Service (NPS). The NPS has flagged gaps in the investigation. Among the outstanding witnesses are Dr Lawrence Machira (who last saw Masai alive), an occupant of the premises where a bullet fragment was recovered (at the International Life House), and senior officials from the Independent Policing Oversight Authority (IPOA) and the Office of the Director of Public Prosecutions (ODPP). The court will also scrutinise why some registers and bullet-clearance evidence remain outstanding.
On 12th November, the High Court will hear the petition filed by the Law Society of Kenya seeking to have Nakuru Governor Susan Kihika declared unfit to hold office. The case revolves around allegations of misconduct linked to the controversial takeover of the Nakuru War Memorial Hospital, which the LSK argues violated constitutional provisions on leadership and integrity. During the hearing, both parties are expected to present their arguments and evidence before the court. The outcome of this session will determine whether the court finds sufficient grounds to proceed with Kihika’s removal from office or dismisses the petition for lack of merit.
The Kenya Bureau of Standards (KEBS) has launched a nationwide stakeholder awareness campaign on the Standards (Standards Levy) Order 2025. These public participation forums run from 12th November to 4th December 2025 across seven regions. The sessions, to be held in Nairobi, Nakuru, Mombasa, Nyeri, Eldoret, Garissa, and Kisumu, aim to guide manufacturers and stakeholders on compliance with the new levy framework introduced under Legal Notice 136 of 2025. The Order requires manufacturers to remit a 0.2% levy on their monthly turnover to support KEBS’s standardisation and quality assurance activities. Through these engagements, KEBS seeks to clarify implementation procedures, promote transparency, and ensure smooth adoption of the new levy regime across the manufacturing and trade sectors.
The 30th UN Climate Change Conference (COP30) will take place in Belém, Brazil, from 10th to 21st November 2025. This marks the first time the global summit will be hosted in the Amazon. World leaders, negotiators, and civil society will gather to push for stronger climate action, focusing on accelerating the energy transition, protecting forests, and mobilising finance for vulnerable nations. As the world drifts further from the 1.5°C target, COP30 is expected to serve as a turning point for aligning global commitments with real, measurable action.
Davis Ongiro is the newly appointed Chief Executive Officer for Octagon Africa’s Kenyan operations, assuming the role in September 2025 after serving as Acting CEO from February to August 2025. He has been part of Octagon Africa for over a decade, holding various leadership positions across business development, product innovation, insurance, and pensions management. Before his appointment, Ongiro served as General Manager for Marketing, Products & Business Development and concurrently as General Manager at Octagon Insurance Brokers Ltd, where he oversaw market growth strategies, product diversification, and client relationship management.
He has also chaired the Board of Trustees for the Octagon Africa Staff Retirement Benefits Scheme (OAFSL SRBS), providing oversight on pension administration and investment decisions. His earlier career includes roles in business development and branch management at Octagon Africa and CIC Insurance, as well as service on the Kenya Red Cross County Board in Kisii.
Ongiro holds a Master of Business Administration from the University of East London, a Bachelor of Science in Actuarial Science from South Eastern Kenya University, and professional qualifications in Pensions Management and Insurance from the Institute of Pension Management–Kenya and the College of Insurance. His background combines experience in strategic planning, financial risk management, and stakeholder engagement within Kenya’s financial services sector.