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20 Companies, Including 8 Universities, Mwalimu SACCO, Airtel Kenya, and WPP Scan Group, Fined Ksh2.2 Billion
Blake Otieno October 28, 2025

Twenty companies and institutions, including eight universities, Airtel Kenya, Mwalimu National SACCO, and WPP Scan Group, have been fined a total of Ksh 2.23 billion for failing to remit unclaimed financial assets as required by law. According to a report by the Unclaimed Financial Assets Authority (UFAA), the penalties were imposed on institutions that held

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CPA Laban Molonko takes as UFAA new CEO and Managing Trustee
News
Laban Molonko Takes Over as UFAA CEO
Gideon Barasa October 2, 2025

CPA Laban Molonko has been inaugurated as the new CEO and Managing Trustee of the Unclaimed Financial Asset Authority (UFAA) for a term of three years. Molonko takes over from Caroline Chirchir, who has been serving in an acting capacity since August 2024. Molonko became the third CEO and Managing Trustee since the inception. While

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