Unclaimed Financial Assets Authority repositions $822 million for grassroots economies
UFAA Chair Francis Kigo Njenga said unclaimed financial assets represent locked private wealth that, once returned to owners, can support grassroots economic activity without recourse to additional public borrowing or fiscal expansion.
October best month this year for Kenya’s private sector with strong performance
Rising demand encouraged firms to increase their purchasing activity for the first time since April in addition to the improved economic environment which was also supported by a milder increase in business expenses, with input costs rising at the slowest pace in just over a year.
