Sovereign Wealth Fund: President William Ruto has signed the Sovereign Wealth Fund Act into law, setting up a Stabilisation Fund, a Future Generations Savings Fund and an Infrastructure/Development window, with 30% of mineral and petroleum revenues ringfenced for long-term savings. Energy & Investment: Aliko Dangote has confirmed Kenya’s Lamu as the site for a planned 700,000-bpd, $17bn refinery, with soil tests and design work already underway and construction expected to take about 30 months. Capital Markets: The Capital Markets Authority (CMA) has denied a viral claim that it will revoke licences of some money market and special fund schemes, warning investors to rely only on official CMA channels. Telecoms Governance: Vodacom’s majority control after buying more Safaricom shares is set to face a key AGM vote on resolutions that could tighten Vodafone’s influence over board appointments and CEO selection. Public Finance & Debt: Kenya’s public debt is reported at KSh12.86tn (April 2026), with China the biggest bilateral lender, while Kenya also owes KSh3.07tn to multilateral institutions. Business & Jobs: Kilifi commissioned a KSh250m fruit processing plant expected to process mangoes, coconuts and pineapples, create 150 jobs and give farmers a stronger market. Regulation & Risk: Motor insurance recorded an underwriting loss of KSh8.2bn in 2025 as claims and costs outpaced premiums, with fraud flagged as a major threat. Legal/Corporate: A High Court case challenges Kenya Reinsurance board elections, with minority shareholders alleging voting rights were diluted. Security & Labour: Health unions in Kakamega issued a three-day ultimatum over delays in signing a recognition agreement, raising the risk of countywide disruption.