Unclaimed assets in Kenya refer to financial assets that have remained unclaimed for a long period and are deemed abandoned under the provisions of the Unclaimed Financial Assets Act, 2011. These assets can range from dormant bank accounts and unclaimed dividends to uncollected lottery winnings. The Unclaimed Financial Assets Authority (UFAA) is responsible for managing […]
The Unclaimed Financial Assets Authority (UFAA) is a critical government agency established under the Unclaimed Financial Assets Act (No. 40 of 2011) to manage unclaimed financial assets in Kenya. UFAA operates under the mandate of The National Treasury and has the core objective of reuniting unclaimed financial assets with their rightful owners. Unclaimed financial assets […]
The Kenya Accreditation Service (KENAS) is a vital state corporation responsible for ensuring the competence of conformity assessment bodies across various sectors in Kenya. Re-established under the Kenya Accreditation Service Act 2019, KENAS operates under the Ministry of Industry, Trade & Enterprise Development. Its primary goal is to bolster the credibility and trustworthiness of Kenyan […]
Utawala, a rapidly growing neighborhood along the Eastern Bypass, straddling the border of Nairobi and Machakos counties, has seen a surge in demand for quality education as more families settle in the area. In response, several top-performing private primary schools have emerged, offering both the Competency Based Curriculum (CBC) and the traditional 8-4-4 system. These […]
Road signs are vital for ensuring safety and efficiency on the road. They provide important information to motorists, cyclists, and pedestrians, guiding them on road usage, potential hazards, and required behavior. Kenya has seen significant growth in infrastructure development, which in turn has boosted demand for quality road signage. To meet this demand, several manufacturers […]
Kenya’s mobile payment sector continues to grow, with new players like SasaPay entering the market to offer competitive services. SasaPay, a product of ViewTech Limited, licensed and regulated by the Central Bank of Kenya, is providing mobile payment solutions with affordable tariffs. With its unique range of services and pricing, SasaPay aims to cater to […]
Paying fees for the Kenya Institute of Supplies Examination Board (KISEB) is now a straightforward process thanks to the integration with e-Citizen. Through the e-Citizen platform, users can complete their payments conveniently using M-PESA. Here’s a simple guide to help you navigate the process and avoid any payment issues. 1. Overview of KISEB Payment on […]
Paying stamp duty in Kenya has become a more streamlined process, thanks to recent updates by the Kenya Revenue Authority (KRA) and the State Department for Lands and Physical Planning. As of November 27, 2023, all stamp duty payments for land transactions must be completed through the e-Citizen platform or the Ardhisasa platform. Here’s a […]
In recent years, Kenya’s financial technology sector has seen significant growth, with numerous companies authorized by the Central Bank of Kenya (CBK) to facilitate and innovate payment services. Here is an in-depth look at some of the leading licensed Payment Service Providers (PSPs) , offering insights into the services they provide, the institutions behind them, […]
When it comes to securing your financial future, one of the safest and most reliable ways to grow your wealth is through investing in fixed income securities like government treasury bonds. Britam’s Bond Plus Fund offers Kenyans a low-risk, high-reward option that is simple to start, flexible to manage, and reliable in its returns. Managed […]
