Bullish NSE lifts unclaimed securities, cash to Sh34bn

Ufaa chief executive Kellen Kariuki. PHOTO | DIANA NGILA | NMG

Unclaimed cash and securities surrendered to the authorities hit Sh34.2 billon last weekend following improved performance at the bourse and an increase in compliance by various companies.

The Unclaimed Financial Assets Authority (Ufaa) also said it held Sh10.7 billion at its Central Bank Trust Account, up from Sh10.1 billion reported last September which was the end of the compliance period.

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