Musk v. Altman: Trial of the Century to Determine Who Controls AI’s Future
Elon Musk, a co-founder of OpenAI, wants Sam Altman to be removed from his role as CEO and is asking for damages in excess of US$ 100 billion to be paid to OpenAI’s charitable arm.
Why Kenya’s Creative Economy Is Firmly on Investors’ Radar
The creative economy sits at the intersection of innovation, youth employment, digital trade, and intellectual property, making it one of the most compelling long-term investment opportunities.
Kenya Seeks REIT Reforms to Attract Investor Capital
Kenya’s push to build a vibrant real estate investment trust (REIT) market has been blunted by a tax regime that industry players describe as structurally punitive.Middle East Conflict Deepens Strain on Kenya’s Economy- Stanbic PMI
The economic shockwaves from the Middle East war are beginning to show up in Kenya’s private sector, with the latest business survey pointing to a demand slowdown colliding with stubborn, locally rooted inflation pressures.Kenya's Top Energy Officials Resign Over G2G Fuel Scandal
Kenya's Executive Office of the President has announced the resignation of three senior energy officials: PS Mohamed Liban, KPC Managing Director Joe Sang, and EPRA Director General Daniel Kiptoo Bargoria, following a DCI investigation into an alleged scheme to falsify national fuel stock data and trigger emergency procurement outside the G2G framework. The shipment, carried aboard MV Paloma and docked in Mombasa on 27-29 March 2026, was procured above contracted rates and found non-compliant due to elevated sulphur levels. Investigations continue.
Africa's Small Businesses Deserve World Class Banking
Micro, Small and Medium Enterprises (MSMEs) form the backbone of the global economy, yet their growth is constrained by limited access to finance.
March Wipes KSh 343Bn From NSE Shareholders as Middle East War Bites
The NSE closed March 2026 with every major index down between 8.5% and 10.5%. The NSE 10 led losses at -10.49%, the Banking Index fell 8.89%, and the NASI declined 9.84%. Only 7 of 69 listed stocks gained. Foreign investors sold KSh 4.28Bn net across 17 of 22 sessions. Market cap fell KSh 179Bn to KSh 3.23Tn, though the KPC listing in early March masks a deeper KSh 343Bn hit to existing shareholders. Week 13 erased KSh 231Bn, the second worst week since 2008. Banks closed at a median 5.4x P/E and 8.3% dividend yield amid record earnings.Kenya's Listed Firms Post Highest Governance Score in 8yrs, Mandatory ESG Disclosures Loom for 2027
Kenya's 53 listed issuers scored 78.88% on the Capital Markets Authority's FY2024/2025 corporate governance scorecard, the highest in eight years of assessments and only the second time the Leadership Rating threshold has been crossed. Leadership-rated companies rose from 27 to 38 while Needs Improvement issuers fell from 4 to 2, down from 17 in FY2017/2018. All seven CG Code principles reached Leadership Rating simultaneously for the first time. Agriculture remains the only Fair-rated sector at 62.80%. Mandatory IFRS S1 and S2 sustainability disclosure standards are targeted for adoption from January 2027.How Kenya Can Navigate Economic Shocks from the Middle East War
Kenya’s current “wait and hope” approach is not economically or politically feasible. Calm and calculated decisions have to be taken to avoid a deeper crisis.
Lessons from Japan's Keiretsu in Building Sophisticated Kenyan Conglomerates
Lessons from Japan’s Zaibatsu and their post-war successors, the Keiretsu, suggest that sophisticated conglomerates can play a central role in strengthening national competitiveness, expanding industrial capacity, and driving innovation.How the World Is Handling the Worst Energy Crisis in Decades
Across the world, economies are staring at multifold crises triggered by the latest, ongoing conflict pitting Israel and the United States against Iran.
BBB- to Default: S&P and Fitch Rate Five African Nations
S&P Global Ratings downgraded Senegal's local currency sovereign rating four notches to CCC+ on March 27, 2026, citing gross financing needs of 26% of GDP, a suspended IMF program, and government debt estimated at 131% of GDP. In the same 48-hour window, S&P affirmed Morocco at investment-grade BBB- and Ghana at B-, while Fitch affirmed Tanzania at B+ Stable. Mozambique's selective default local currency rating was also affirmed alongside a CCC+ foreign currency rating with Negative outlook. The five actions were shaped by the Middle East war, IMF program access, and commodity exposure.
